jI am “Mac mattress“McIngvale is a furniture mogul in Houston who has made another massive sports bet that already looks like it’s going to pay off.
McIngvale, 71, but $1.5 million on Houston Puma basketball team to win the NCAA national championship.
The pair of bets on the Cougars to win all of this season have been placed 10/1 oddswhich would pay McIngvale a whopping $14 million.
Mattress Mack recently won the largest legal payout in sports betting history when the Houston Astros defeated the Philadelphia Phillies in the 2022 MLB World Series.
It went viral after he carried millions of dollars in cash on his private jet following his World Series win.
Houston Cougars on a winning streak
Despite the big win, McIngvale isn’t keeping the cash, as the bets are part of a promotion for his furniture store.
“I make these bets because we do promotions in the furniture store. Like, if the Astros win the World Series they give you your money back,” McIngvale said. “I won 75 million dollars on that bet, he paid back 73 million dollars to customers and each other $2 million they were expenses. It allows us to run these great promotions.”
As for its bet on the No. 3 Cougs (4-0) to win the NCAA Tournament, the team is riding a four-game hitting streak heading into Sunday’s showdown against Oregon ducks.
March madness it will be a wild ride for Mattress Mack and her clients, who will no doubt be rooting for the Cougars.