- A Houston furniture store owner made the biggest wager of the season by betting millions on New England to win.
- High-stakes bettors have dropped seven-figure sums on the Patriots despite Seattle being favored in the matchup.
- Early-season futures placed months ago could pay out millions if they hit when the game wraps up in February.
LAS VEGAS – Super Bowl LX is already attracting huge wagers from high-stakes bettors. The Seattle Seahawks and New England Patriots just locked in their championship spots, and within days, multiple seven-figure bets have been placed on the February 8th game.
Jim McIngvale, known as “Mattress Mack,” is a Houston-based furniture business owner who has placed the largest bet of the season. McIngvale received 2-1 odds on the underdog after spending $2 million on the Patriots through Caesars Sportsbook. In the event that New England wins the championship, he may receive $4 million.
In connection with his wagers, the 75-year-old runs a promotion at his Gallery Furniture stores. If the Patriots win, anyone who spent $4,000 on mattresses will receive their money back. This type of strategy has paid off for him before. After the Houston Astros won it all in 2022, he received almost $75 million.
This is the biggest Super Bowl bet Caesars has taken this year. In addition to the team being managed by head coach Mike Vrabel and offensive coordinator Josh McDaniels, McIngvale said he is selecting the underdogs because he admires Patriots quarterback Drake Maye.
Million-Dollar Bets Pour In
Circa Sports reported earlier this week that they took a $1.1 million wager at +188 odds on the Patriots money line. The bettor wins about $2.1 million if New England pulls off the upset. The first million-dollar Super Bowl wagers this year have been registered by legal sports betting firms.
Since August, a number of other large bets have been made. Two of the three $50,000 futures that a Nevada bettor placed on the Seahawks at BetMGM have now cashed for a total of more than $1.4 million. At 60-1 odds, the last ticket on Seattle winning the Super Bowl might bring in $3 million.
NFL sportsbooks anticipate a sharp rise in betting volume as the game draws near, with the Seahawks now favored by 4.5 points. The action demonstrates why the Super Bowl remains America’s single biggest betting event.
