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Thursday September 19, 2024

Mattress Mack Could Win $75M on Astros World Series Bet

  • Jim McIngvale bet $10 million on Houston at blended +750 odds across multiple sportsbooks.
  • He uses the bets to subsidize sales promotions at his Houston-area furniture stores.
Brett Davis-USA TODAY Sports

With the Houston Astros back in the World Series, America’s most famous sports bettor/furniture salesman is at it again — and this time, he’s playing for a record payout.

Jim “Mattress Mack” McIngvale has placed $10 million in bets on the Astros to win their second championship at blended +750 odds across multiple sportsbooks.

That $75 million payout would be the largest in legal sports betting history, per Action Network.

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McIngvale has famously placed huge bets on marquee sports events over the years to cover sales promotions in his Houston-area furniture stores.

In this case, customers who spent $3,000 or more on select mattresses will get their money back if the ‘Stros beat the Philadelphia Phillies.

“You’ve got to be in it to win it,” McIngvale said in a recent Forbes interview. “We’re in it to win all this money back for these customers because once they win the money back, you’ve created a lifetime customer and so much positive word-of-mouth advertising.”

McIngvale and his customers may have something to celebrate in due time: Houston is currently a -185 favorite to beat Philadelphia (+160) and take home the title.

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