A prolific gambler from Texas with a knack for placing big bets could win $75 million if the Houston Astros win the World Series, which, according to bettors, could be the largest single payout in betting history. legal in the United States.
Houston’s Jim “Mattress Mack” McIngvale split $10 million with various bookmakers on Houston’s behalf.
His bets include $3 million he placed on Caesars Sportsbook at 10 to 1. This would pay out $30 million, which Brad Harwood, a spokesman for the bookmaker, says would be the largest single payout in legal gambling history in the United States. Joined.
“I’m not afraid,” McIngvale acknowledged Tuesday, as he handed out mattresses in Atlantic City to military personnel, veterans and first responders at Harrah’s Casino. “I have a high tolerance for risk. If I lose there will always be another day.”
McIngvale has a long history of placing big bets on the World Series, Super Bowl and the NCAA Final Four. He says these bets are a way to promote his mattress store in Houston; if the Astros win this year, he’ll pay back the buyers who bought the higher-priced mattresses.
Even without Philadelphia winning, McIngvale thinks he could walk away with $500,000 to $1 million after reimbursing buyers.
But the bet does not always come out. He lost nearly $10 million in the Super Bowl after he rooted for the Cincinnati Bengals against the eventual champion Los Angeles Rams.