“Mattress Mack” Guess $1 Million On Houston Cougars To Win NCAA Event

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It doesn’t appear like there’s a sporting occasion that Jim “Mattress Mack” McIngvale gained’t wager on. The Houston-area furnishings mogul made one other seven-figure wager, however this time on the NCAA males’s basketball event.

In accordance with a report from ESPN Chalk, McIngvale flew from Texas to Colorado final Friday to log into his DraftKings account and wager $1 million that the College of Houston Cougars would win the event. The wager was supplied at 9-1 odds, that means if McIngvale wins this wager, his DraftKings account can be $9 million richer.

McIngvale has change into a little bit of a personality within the sports activities betting world as he’ll hyperlink his enterprise together with his love of sports activities playing. He initially gained notoriety within the sports activities betting group within the fall of 2019 when he wagered $13 million on the Houston Astros to win the World Collection. The Washington Nationals defeated the Astros in seven video games.

He made the bets as a hedge in opposition to a promotion he ran at his furnishings shops, which supplied prospects a full refund on all mattress purchases greater than $3,000 if the Astros gained all of it. He ran the same promotion in lieu of the 2021 Tremendous Bowl. McIngvale supplied the identical proposition to his prospects if the Tampa Buccaneers defeated the Kansas Metropolis Chiefs within the Tremendous Bowl.

McIngvale wager $3.46 million on the workforce from Tampa Bay to offset any potential refunds. The Buccaneers gained by a last rating of 31-9.

He at the moment doesn’t have a promotion working at his retailer, however that doesn’t imply it would keep that manner. McIngvale advised ESPN that he made the wager partly as a result of he was fascinated by beginning one, this fashion, he would already be hedged in opposition to it.

“I needed to get forward of it in case I made a decision to do a promotion,” stated McIngvale. “After trying on the bracket, I believe U of H has pretty much as good [a chance] as anyone to make it by means of the Closing 4, so it’s an thrilling time for all of Houston.”

The Cougars defeated the Syracuse College Orange over the weekend within the Candy 16 and are one win away from a Closing 4 look. They’re scheduled to play Oregon State Monday night within the Elite 8.

 

 

 





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