Last updated on: January 9th, 2023
Who Is Mattress Mack?
Jim “Mattress Mack” McIngvale is a furniture store mogul from Texas who happens to also be one of the most successful and well-known sports bettors of all time. Mattress Mack is most well-known as a high-rolling bettor who owns the largest sports betting payout of all time, with his $10 million futures bet on the 2022 Houston Astros to win the World Series paying the mattress mogul over $75 million. How Mattress Mack got to the point of winning $75 million on one bet will be outlined throughout this page, with his background and other notable wagers all detailed. Also included are some of the top legal sports betting sites that allow players to bet like Mattress Mack.
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Mattress Mack Bets Big On TCU In 2023 CFB National Championship
With the extra money still in his pocket after his big win on the Houston Astros back in October of 2022, Mattress Mack has attempted to once again hit it big. This time he is betting on the College Football Playoff, placing $1.5 Million on the TCU Horned Frogs to take down the favored Georgia Bulldogs in the National Championship. The furniture store owner turned celebrity took TCU on the moneyline with +370 odds that would pay him $5.5 Million if Max Duggan and company can pull off the upset. McIngvale famously uses his high-roller bets as a way of offsetting business promotions at his Gallery Furniture stores, with the National Championship no different. Gallery Furniture is offering customers 2X their money back if the TCU wins as long as they purchase a high-quality mattress that is at least $3,000. This promotion may not match the bonuses at legal sports betting sites, but it is still a great way for customers to get in on the action and for Mattress Mack to generate some business!
For well over a decade, Bovada has been considered the top online sportsbook that you could choose from and it isn’t hard to see why. They have some incredible features that you could take advantage of such as big paying bonuses, an easy to use platform, mobile compatibility, and the ability to accept several different forms of cryptocurrency. Going back to their mobile platform, it is available on all of the top smart devices including iPhone, Android, Samsung Galaxy, and others.
- Accepts USA Players
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At BetOnline, you are rewarded from the very beginning right from the moment you sign up for an account. Just for signing up, you’ll be rewarded a 50% first deposit match worth up to $1,000vwhen depositing with any financial method that isn’t crypto. If you are making your first deposit with crypto though, you’ll earn a 100% first deposit match also worth up to $1,000. After taking advantage of those bonuses, you can earn between $250 and $350 on every other deposit you make into your account.
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When betting on sports online with MyBookie, you have the option to make a deposit into your account with Bitcoin and several other cryptos. You can bet on any sport that they have to offer with up to 10 different forms of crypto. Other than Bitcoin, you can bet with bigger coins in Ethereum, Litecoin, and Bitcoin Cash down to smaller altcoins like Shiba Inu, DogeCoin, and Solana.
- Good parlay payouts
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Betting On How Much Mattress Mack Will Bet
After Mattress Mack’s record-setting $75 million win off a $10 million wager on the Houston Astros to win the 2022 World Series, Bovada is now giving players a chance to bet on the furniture store mogul. Players can bet on how much Mattress Mack will bet on the Astros to win the 2023 World Series or how much McIngvale will bet on the 2023 Super Bowl.
How Much Will Mattress Mack Bet On Super Bowl 57?
- Over $10.1 Million USD +155
- Under $10.1 Million USD -210
How Much Will Mattress Mack Bet On The Astros To Win The 2023 World Series
- Over $9.1 Million USD -210
- Under $9.1 Million USD +155
Mattress Mack Wins $75 Million On 2022 World Series
Mattress Mack wagered on the Houston Astros to win the 2022 World Series periodically throughout the 2022-23 season, with the total of the bets eventually reaching $10 million. With McIngvale placing his bets throughout the regular season he was able to secure odds at roughly +750 through many different sportsbooks throughout the United States. The Astros overcame a 2-1 deficit over the Philadelphia Phillies and won the World Series, with Mattress Mack getting paid $75 million large. Mack’s high net worth helped him place the bet, although the real key was the promotion his business ran regarding the Astros winning the World Series. Customers at his Gallery Furniture stores received $10,000 back on all purchases of $5,000 or more if the Astros won, with Mack’s $75 million in winnings helping to cover the losses that his business suffered as a result of the promotion.
How Did Mattress Mack Make His Money?
Jim “Mattress Mack” McIngvale did not make his fortune off sports gambling, at least not originally. McIngvale accumulated his net worth of $300+ million through his Gallery Furniture store, which he started back in 1981, with just $5,000 in inventory and his truck to transport the furniture. Since then, McIngvale has grown his Gallery Furniture store brand to now three large showrooms throughout the greater Houston area, with the chain reportedly earning nearly $200 million in revenue per year.
Mack Speaking AT SBC Summit 2022
During the third annual SBC Summit event, Mattress Mack expressed his opinion and insight for the future of the sports betting market in the United States. He talked about how he believes regulated books should shy away from continuous promotional play and should change the focus to highlighting bettors who win. He also talked about his issue with these sportsbooks having betting limits that do not allow everyone to wager and win big.
Mattress Mack Takes The Titans In 2022
As the NFL season wound to a close, the Tennessee Titans were the number one seed in the AFC. Mack put $700,000 on them to win the Super Bowl, but the Titans proceeded to lose their first playoff game, becoming the first top seeded team to lose immediately since 2010. Yikes.
Mattress Mack Backs The Tide And Loses Big
Mattress Mack put money on the Alabama Crimson Tide to win the College Football Playoff, and as the game got closer, he put more and more money on them. The Tide, of course, lost to the Georgia Bulldogs, stymied by arguably the best college defense of the decade, and Mattress Mack lost more than $6 million on the wager.
Mattress Mack Betting On 2022 Kentucky Derby
Mattress Mack laid over one million dollars on Epicenter to win the 148th running of the Kentucky derby. As soon as Mack made his bet the odds for Epicenter moved to 9/2. Jockey Joel Rosario (15 Breeders Cup wins) will be atop the 3 year old colt. The pair will be starting from the 3rd gate which has produced 5 derby winners. Trainer Steven Asmussen is looking for his 4th Triple Crown win and his first Kentucky Derby winner.
Epicenter is looking to break one million in career earnings as he sits at $940,000 in cash won. Add it all up and it makes since why Mattress Mack bet more than a million dollars on the 2022 Kentucky Derby.
Mattress Mack Betting On 2022 March Madness
The sports gambling legend Mattress Mack struck again betting on March Madness. Mack went into the tournament feeling very strongly about the East Region and placed a $1 million dollar bet on any from that quadrant to win the tournament that would pay out $2.16 million. The East Region featured the Baylor Bears (1 seed) and Texas Longhorns (6 seed), who are both located in Mack’s state of Texas, which he tied into his promotion. The promotion offered by the owner and CEO of Gallery Furniture for this bet was that if his bet hit, any customer who spent at least $3,000 at his store would get their money back. The promotion was only valid if either of the teams from Texas in the East Region won the title. The University of North Carolina knocked off Baylor en route to a surprise appearance in the National Championship game as an eighth seed.
Once Baylor and Texas were knocked out of the tournament, Mack decided to test his luck again, but this time before the Final Four stage. Mattress Mack bet $3.3 million dollars on the Kansas Jayhawks to win the National Championship game at +190 odds to win $6.27 million!
The Mattress Mack Betting Curse
While Mattress Mack remains in the green on his betting endeavors, he has been on quite the cold streak following Super Bowl 55 back in 2021. Since then, he has gone a shaky 2-5 on all his bets, however, being that he knows when to bet big, he has profited $73.5 million in that span. Those bets include:
- $1 Million on Houston to win 2021 March Madness (Loss)
- $4 Million on Essential Quality to win 2021 Kentucky Derby (Loss)
- $6.2 Million on Alabama to win 2022 National Championship (Loss)
- $700k on Tennessee Titans to win Super Bowl LVI (Loss)
- $2 Million on New England Patriots to win Super Bowl LVI (Loss)
- Won $15 Million on Kansas Jayhawks to win 2022 March Madness
- Won $75 Million on Houston Astros to win 2022 World Series
Mattress Mack Bets $9.5M On Bengals In SB 56
Caesars Sportsbook took a series of wagers totaling $4,534,000 from Mattress Mack on the Cincinnati Bengals in early February that will payout more than $7.7 million if the underdog won. This is not the first time that Mack has placed a wager in the millions. However, Mack continued his Super Bowl 56 betting craze and laid another $5 million on the Bengals just before SB LVI kicked off. Though the $16.2 million wasn’t won, Mack’s SB 56 bets are in the record books for the largest online sports bet placed.
Mattress Mack Betting Against The Kansas City Chiefs
One of the most historic games in the NFL and of course Mattress Mack dropped a big bag on it. The Kansas City Cheifs and the Houston Texans had a game to play that determined who will go to the AFC championship and Mack just knew that the Chiefs would lose and placed a huge bet on the Houston Texans. Texans had Mack feeling pretty good after jumping out to a 24-0 lead. Even with the 24-0 lead, the Cheifs found a way to continue to score and come back and win the game. Even after this game, Mack still didn’t believe in the Chiefs and bet against them again on the following weekend when playing against the Tennessee Titans. The Chiefs end up winning that game and Mack lost another big bet as well.
Super Bowl LV
On three major stages, the Chiefs got the best of McIngvale, whose marketing genius has gotten him in continual spotlight. In 2021, nothing changed, as Mattress Mack dropped $3.4 million on the Tampa Bay Buccaneers to cover the spread (+3.5) against the KC Chiefs in Super Bowl LV. This monster bet from McIngvale was placed at DraftKings Sportsbook as he was on his phone in Colorado Springs. Mattress Mack is one of the largest legal Super Bowl betting players and despite his losses, he still finds ways to come out on top.
Super Bowl LIV
Despite being burned betting against the Chiefs twice already, McIngvale once again bet $1 million against them. He tied this Super Bowl bet into another promotion for his stores similar to what he did with the Astros, offering money-back guarantees to customers who purchased at least $3,000 worth of furniture if the 49ers won the game. Instead, the Chiefs once again rallied to win 31-20. Despite going 0-for-3 on his NFL postseason bets, McIngvale has given no indication that he plans to stop betting any time soon.
Mattress Mack Astros World Series Promotion
When the Houston Astros defeated the New York Yankees in six games to advance to the 2019 World Series, Mattress Mack saw an opportunity for a lucrative promotional deal. If the Astros won the World Series, he announced, all customers who purchased at least $3,000 worth of furniture from his Gallery furniture stores would receive a full refund.
McIngvale made the creative decision to use sports wagering as a form of insurance on his promotion. This famous sports bettor made a series of bets on the Astros in three different states, totaling $13 million. If these bets won, the estimated $12 million in additional winnings from his bets would cover his projected losses from the promotion.
This type of promotional insurance has become an annual tradition for McIngvale, and some experts have intoned that it may become common practice for business owners as an alternative to traditional insurance. McIngvale had a similar promotion during the 2017 World Series, which the Astros won. He attributed $15 million in sales directly to the promotional offer and buoyed the high-profile bet into an official partnership with the team.
Mattress Mack Strikes Again At 2020 World Series
Mattress Mack continued his massive betting streak in another major sporting event in the 2020 World Series when the Washington Nationals defeated the Houston Astros. Unfortunately for Mack, he took the Astros to win the World Series on a $3 million bet at 10 to 1 odds and again with a $1 million bet while they sat at 12 to 1 odds.