The Houston Astros helped Jim “Mattress Mack” McIngvale become the biggest winner in sports betting history after making a huge $75 million profit following their World Series triumph.
The Astros took the World Series title by defeating the Philadelphia Phillies 4-1 on Saturday night in Game 6 of the Fall Classic at Minute Maid Park.
With the win, Jim McIngvale, better known in the Houston area as “Mattress Mack,” won a $75 million payout after betting $10 million on the baseball team he loves so much.
Jim ‘Mattress Mack’ McIngvale won $75 million payout from Astros’ World Series win
The Astros took the World Series title by beating the Philadelphia Phillies 4-1 in Game 6
McIngvale threw the first pitch in Game 6 before his beloved Astros went on to win
The Astros superfan placed $10 million in multiple bets on the team to win the fall classic
But the mattress and furniture tycoon isn’t the one to benefit from the win, as his Gallery Furniture customers also benefit from the 71-year-old’s payout.
The company has been promoting owner’s gambling for years, offering consumers free furniture after a certain amount of money spent in the odds of McIngvale’s chosen teams winning championships.
This year, with his beloved Astros winning it all, any customer who spent $3,000 or more in the furniture store can get their purchases back while keeping the items.
“When you buy a Tempur-Pedic, Stearns & Foster, or Sealy mattress sleeping set that costs $3,000 or more, and if the Houston Astros win it all in the final championship series of 2022, your purchase is FREE!”, a promotion on Gallery Furniture’s website read.
‘Come to one of the Gallery Furniture showrooms TODAY and make your qualifying mattress purchase for a chance to get it all FREE FREE FREE!’
The Houston area Gallery Furniture owner, who threw the first pitch in Game 6, bet $3 million early in the season on the Astros to win the World Series over Caesars at 1/10 and also placed $1 million at WynnBet.
Now that the Astros have won it all, any customer who spent $3,000 or more at the ‘Mattress Mack’s’ furniture store can get their purchases back while keeping the items
McIngvale is greeted by Lance McCullers Jr. (left) after throwing the ceremonial first pitch
The mattress and furniture magnate is known in the Houston area and posed with fans
In July, he upped the ante by placing four more bets, two worth $2 million and the other $1 million.
Caesars took the biggest blow from McIngvale’s win and must pay $30 million, according to Darren Roell.
It is the largest single-bet payout in the history of U.S. legal, regulated sports betting.
McIngvale places his first $3 million bet early in the season, before betting more in July
McIngvale and the Dominican Sisters of Mary Immaculate Province, also known as the Rally Nuns
‘Mack’ celebrates after the Astros beat the Phillies 4-1 to win the World Series title
‘What can we say? We just wrote the largest check in sports betting history to Mattress Mack for $30,000,000. Would we all do it again? You bet,” said Ken Fuchs, the COO of Caesars Digital.
“While Mack may have won this round on the field, we’re proud of how we’ve worked together to support first responders and military veterans in Houston, Philly and Atlantic City. And to Mack – we tip our Astros cap – and remind him that he can now support his Texans and Rockets…both attractively priced at +100000 to win a championship. The Astros are also currently +550 to win next year’s fall classic.”
McIngvale’s name is known in the sports gambling world as the maverick, estimated to be a net worth of $300 millionis known for placing crazy bets.
The 71-year-old gave a thumbs up after throwing the first pitch on Saturday night
McIngvale is worth about $300 million and owns Gallery Furniture in Houston
In April, he went to Lake Charles, Louisiana, to bet that Kansas would win the NCAA Division I men’s basketball tournament. He cashed in $15 million. Gambling is not legal in Texas.
‘Mattress Mack’ previously bet $9.5 million on the Cincinnati Bengals to defeat the Los Angeles Rams in Super Bowl LVI.
2014 also saw his biggest loss to date, with a promotion that essentially provided customers with free furniture if the Denver Broncos defeated the Seattle Seahawks in Super Bowl XLVII.
In total, McIngvale is believed to have lost $15.43 million on bets in his lifetime, including on the University of Alabama, the New England Patriots, Tampa Bay and Tennessee Titans who each won the Super Bowl.