Sports betting enthusiast and furniture that is houston-area Jim “Mattress Mack” McIngvale is making another massive wager on a high-profile sporting event.
He made waves in the sports betting world over the last few days that he wagered $3.46 million on the Super Bowl as it was revealed. A state that recently legalized sports betting, and placed the seven-figure bet on the DraftKings mobile app.McIngvale took the Tampa Bay Buccaneers with the spread on Wednesday, he flew to Colorado. The NFC
representative in the Super Bowl is getting 3.5 points against the defending champion Kansas City Chiefs.
He famously lost $13 million betting on the Houston Astros to win the 2019 World Series. The bet was made by him as a hedge against a promotion he had been operating at their furniture shop. A full refund on any mattress purchase of $3,000 or more.He is running a nearly identical promotion at his store this year, offering the same refund and price point if the Bucs defeat the Chiefs this Sunday during the 2019 Major League Baseball season, McIngvale said that if the hometown team won the World Series, he would give customers. Given the spread, if the Chiefs win by less than four points, he won’t have to refund his customers and also win $2.72 million from the boston-based sportsbook that is onlineWhile a lot of their bets that are high-profile hedges against store promotions, McIngvale clearly likes to gamble. Last year, he lost $2 million betting against the Chiefs in the playoffs. He bet $1 million on them to lose in both the
AFC Championship game and the Super Bowl.“Tampa Bay is loaded with talent on both sides of the ball and led by the greatest football player of all time in Tom Brady, so I’m betting big on the Bucs who have overcome matchups that are tough this postseason,” said McIngvale in a statement in the DraftKings internet site. “The
NFL(*) has just seen eight cases of back-to-back champions and none into the previous 16 years, and so I like my possibilities starting Super Bowl LV with this trend to keep.”(*)