Sportsbet: Your Ticket To Big Wins – Jim “Mattress Mack” McIngvale, of Houston, holds some of the tickets in Atlantic City, NJ, Tuesday, Nov. 1, 2022, displaying bets he made on the Houston Astros to win baseball’s World Series. Betting is prolific with lucrative promises to win nearly $75 million if the Houston Astros win the World Series, including what sportsbooks say would be the largest payout for a single legal sports bet in history of the US. McIngvale bet a total of $10 million with many sports books on an Astros win. (AP Photo/Wayne Parry)
Jim “Mattress Mack” McIngvale, of Houston, left, stands next to a stack of mattresses he was delivering in Atlantic City, N.J., Tuesday, Nov. 1, 2022. it attracts. They will receive nearly $75 million if the Houston Astros win the World Series, including what sportsbooks say would be the largest payout for a single legal sports bet in U.S. history. McIngvale bet a total of $10 million with many sports books on an Astros win. (AP Photo/Wayne Parry)
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Jim “Mattress Mack” McIngvale, of Houston, shakes hands with a woman he gave a free mattress to in Atlantic City, N.J., Tuesday, Nov. 1, 2022. The winnings will be nearly $75 million if the Houston Astros win the World Series , including what sports books say would be the largest payout in US history for legal sports betting alone. McIngvale bet a total of $10 million with many sports books on an Astros win. (AP Photo/Wayne Parry)
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Houston furniture store owner Jim “Mattress Mack” McIngvale has the biggest win in sports betting history after winning $10 million on World Series bets Saturday night when the Astros beat the Phillies in six games.
Yordan Alvarez blasted a three-run home run in the sixth inning to lift Houston to a 4-1 win over Philadelphia in Game 6.
“It was a great way to end a season-long odyssey from May and July when we made the big bets before (Saturday),” McIngvale said. “It was a fun ride. Many thanks to the Houston Astros.”
McIngvale placed future bets on Houston to win at all from 5-1 to 12-1 at six different bookings in Louisiana, Iowa and Las Vegas.
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His biggest bet was $3 million to win $30 million (10-1 odds) at Caesars Sportsbook in Louisiana in May.
“What can we say? We wrote the largest check in sports betting history to Mattress Mack for $30 million,” he said in a statement. “Would we do it again? You promise.”
Fuchs said Caesars is proud to work with McIngvale during the World Series to donate many tractor trailer mattresses to first responders and military veterans in Houston, Philadelphia and Atlantic City.
He added that Caesars will continue to accept McIngvale’s bets, including on next year’s World Series, if he chooses. The Astros opened as the +550 second choice at Caesars to win the 2023 World Series. The Los Angeles Dodgers are a 5-1 favorite.
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McIngvale’s other winning bets included $1 million to win $12 million at WynnBET, $2 million to win $10.6 million at Barstool Sportsbook and $2 million to win $10 million at the BetMGM book at Bellagio.
“It was the worst result for BetMGM,” said BetMGM vice president of trading, Jason Scott, in a text message.
Scott also congratulated McIngvale “and all who followed his promises” and said the book welcomed his future action.
Some would argue that McIngvale, 71, was in a losing streak and wasn’t gambling at all. That’s because the bets were the latest in a series of bets to de-risk initiatives at its Gallery Furniture stores.
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In this case, customers who bought $3,000 or more in furniture were guaranteed a refund or double their money back (depending on when they applied for the promotion) if the Astros won the World Series.
Now that they’re done, McIngvale said he will refund “almost every penny” of his historic jackpot to the roughly 3,000 customers who took part in the promotion.
“It’s a good thing because every refund you give is a lifetime memory for these people,” he said. “A picture is worth a thousand words, but an experience is worth a thousand pictures.
“People had a great experience watching these games and sweating these games, and now they’re going to get their money back. They will remember it in the next 20 or 30 years. It’s great for the brand.”
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McIngvale will host three payback parties for his customers starting in about two weeks, and he said he will try to get some Astros players and coaches to attend.
It has already started a new promotion that offers customers who buy $3,000 or more in furniture 200 percent of their money back if Houston wins the 2023 World Series.
“Paternity law will interfere,” he said. “People know there’s a real chance they’ll get their money back.”
Going to Game 6 was quite a party for McIngvale, who went straight home from Minute Maid Park to bed.
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“Because I have a good mattress,” he said early Sunday. “I will go to sleep, I will wake up in the morning and I will go to the church to thank God for my blessings and I will work at 9:30 (am).
“I haven’t taken a vacation in 25 years, but I like going to Las Vegas and gambling, so I might do some of that,” he said.
Linda McIngvale, who has been married to McIngvale for 41 years, was in the hospital with pneumonia and sarcoidosis when the World Series started. But McIngvale said he recovered and returned home, where he overcame Game 6.
“I’m still playing with both hands and my wife is nervous all the time,” he said. “But I have to go home and say, ‘I told you so.’
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Here’s a breakdown of the $10 million to win $72.6 million in World Series futures bets on the Astros won by Houston furniture store owner Jim “Mattress Mack” McIngvale:
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The Celtics are 3-1 favorites at Station Casinos sports books to win the NBA championship and the Bruins are 3-1 favorites to win the Stanley Cup.
The betting handle for the inaugural Las Vegas Grand Prix is expected to surpass the other 22 stops on the Formula 1 schedule, which starts in Bahrain on Sunday.
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The Boston Celtics are 3-1 favorites in the Westgate SuperBook to win the NBA title. But SuperBook odds maker Jeff Sherman said the value lies in teams with double digits.
Caesars Entertainment said it has moved around the collapse of its William Hill sports betting app, which crashed during the Super Bowl and left bettors unable to bet on the game.
The Raiders and other NFL teams are still in the dark about Aaron Rodgers’ football future. But sports books have shed light on the matter.
High-stakes poker pro Patrik Antonius won a hand worth nearly $2 million during a cash game on Sunday, the largest pot ever broadcast on a US live stream.
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The NCAA Tournament is less than a month away, and there are still plenty of teams worth betting on to win it, including Providence at 100-1.
The XFL is returning after a three-year hiatus due to the coronavirus pandemic, and it’s anyone’s guess as to which should be prioritized. Expect the odds to change quickly.
The Gaming Control Board released revised numbers from the Super Bowl on Wednesday and reported that the state’s sports books took in less than originally thought.
‘Mattress Mack’ is ‘1,000 percent against’ sports betting in its home State’s largest bet on Super Bowl LVII – FULL LIST Super Bowl Betting Drops at Nevada Sportsbooks. into the Chiefs, ‘line moving on the Super Bowl prop Patrick Mahomes among the first in sports betting. People await the start of a horse race at the reopening of the Bellagio sportsbook, Thursday, June 4, 2020, on the Las Vegas Strip. (Elizabeth Page Brumley/Las Vegas Review-Journal)
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Used betting slips are seen during the reopening of the Bellagio sports book Thursday, June 4, 2020, on the Las Vegas Strip. (Elizabeth Page Brumley/Las Vegas Review-Journal)
People wait for the start of a horse race during the reopening of the Bellagio sportsbook, Thursday, June 4, 2020, on the Las Vegas Strip. (Elizabeth Page Brumley/Las Vegas Review-Journal)
Nearly a quarter of a million dollars in winning bets placed at MGM Resorts Sunday morning could be the largest sports betting loss in Las Vegas history on bets made after an event has started.
Seven Las Vegas veterans can’t remember a bigger loss. But all odds have taken hits in the past
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