After making million-dollar bets in baseball and soccer, “Mattress Mack” is now venturing into March Insanity.
Jim McIngvale, aka “Mattress Mack,” seems in a business for his Gallery Furnishings enterprise. The Houston businessman positioned a $1 million futures guess on the Houston Cougars to win this 12 months’s NCAA Match. (Picture: @MattressMack/Twitter)
Jim McIngvale, the Houston-based proprietor of Gallery Furnishings, put a $1 million wager with DraftKings on the Houston Cougars to win the NCAA Match. The Cougars have odds of +900, that means he’d get $10 million and web $9 million ought to the Cougars be those slicing down the nets on April 5.
A DraftKings consultant informed On line casino.org the seven-figure guess represents the biggest faculty basketball wager the Boston-based sports activities betting and know-how firm has ever taken.
McIngvale flew from his native Texas, a state the place sports activities betting is just not authorized, to Colorado to put the guess. DraftKings has a partnership with the Mardi Gras On line casino in Black Hawk. It operates a retail sportsbook on the on line casino, in addition to a cellular wagering app obtainable to be used statewide.
About Mattress Mack
McIngvale gained nationwide fame in 2017 when he positioned large-sum wagers in Las Vegas on the Houston Astros to win the World Sequence. The bets served as a hedge for his retail enterprise. Through the baseball season, he provided prospects who spent $3,000 or extra full refunds if the Astros gained the championship.
He made different related wagers in 2018 and 2019 because the Astros have been buzzing their method via the playoffs. With the Supreme Court docket overturning the Skilled and Beginner Sports activities Safety Act (PASPA) by then, “Mattress Mack” was capable of finding motion in Mississippi and New Jersey as nicely for his mitigating technique.
Simply final month, McIngvale made headlines once more once we plunked down almost $3.5 million on the Tampa Bay Buccaneers, getting 3.5 factors in Tremendous Bowl LV. These Bucs ended up successful outright, permitting him to web greater than $2.7 million.
Now, he’s driving with the Cougars.
Something can occur in March Insanity, as everyone knows, however I’m ten toes down on Houston to convey the nationwide title to Texas, and keen to stake 1,000,000 {dollars} with DraftKings on that final result,” McIngvale stated, per the Houston Chronicle.
McIngvale additionally has been a profitable proprietor of race horses. His horses have earned $8.9 million in 1,249 races. The 189 wins embrace a number of graded stakes victories, together with the 2015 Breeders’ Cup Dash with Runhappy.
Houston Favored in Candy 16 Matchup
Houston performs Saturday night time within the Candy 16 in opposition to Syracuse. The Cougars are 6.5-point favorites in opposition to the Orange. They’re additionally the highest seed remaining within the Midwest area. Ought to the second-seeded Cougars win Saturday, they’ll play the winner of Loyola-Chicago-Oregon State on Monday for a spot within the Remaining 4.
Houston final reached the Remaining 4 in 1984. That capped a three-year run when Hakeem Olajuwon dominated the boards for the Cougars’ Phi Slama Jama crew.
At +900, Houston’s the present fourth selection on DraftKings’ NCAA futures board.
Total prime seed Gonzaga, which has been the favourite to win the title all 12 months, stays on the prime spot with odds of +150 at DraftKings. Baylor, one other No. 1 seed within the event, is at +350. Michigan, which additionally earned a No. 1 seed, is out there at +750.
