The Astros and world champion once again as they defeat the Philadephia Phillies in the 2022 World Series (3-2). While the Astros take home the 2022 trophy, Houston-area businessman Jim “Mattress Mack” McIngvale bagged a total of $75 million in winnings in his separate bets.
He also placed a bet in May that would have paid out $30 million had the Houston Astros won the World Series, making it the Single-biggest Payout in the history of regulated sports betting.
All Out For Houston Astros!
The well-known businessman and sports bettor has been in all-out betting for the Astros, He even visits other states just to make another bet for the Houston team. He makes time for the bets as his $2 million bet each in his FanDuel account in Iowa and BetMGM Sportsbook in Las Vegas was made within 48 hours.
However, his biggest payout was made in a Louisiana sportsbook at Lake Charles. McIngvale wagered $3 million with 10-1 odds last May and bagged his $30M winnings after the Astros won.
He also made another $2 million bet at 5-to-1 odds in September in the Barstool Sportsbooks app in the same state.
“So $40 million of that $75 million was made here in Louisiana,” Louisiana Gaming Commission Chairman Ronnie Johns said, “It promotes our program here, so that’s a good thing.”
In a video posted on the Caesars’ Twitter account, McIngvale celebrated his $75 million winnings. “Well, first of all, I’m so happy the Astros won the World Series,” he said.
“I won $30 million. What am I going to do? I’m going to get on an airplane and fly to a Caesars Palace in Las Vegas, and get all that money and say, ‘Hail Caesar.'”
As he promised, he will distribute part of his winnings ($10M) to his Gallery Furniture customers who spent $3,000 or more in his stores
More About Mattress Mack
In the world of sports betting, there are few bigger names than Mattress Mack. A furniture store owner from Houston, Texas, Mack first gained notoriety in the early 2000s for his daring wagers on NFL games. He quickly developed a reputation as a savvy gambler, and his willingness to put big money on the line soon made him a fixture on sports talk radio.
In recent years, Mack has taken his gambling operation online, and he now runs one of the most successful sports betting websites in the world. With millions of dollars in annual revenue, Mack is one of the richest sports bettors in the world, and his success shows no signs of slowing down.
Mattress Mack may have hit the home run with the Astros, but just like other bettors, he is also losing, just like when he lost a $9.5 million bet for the Cincinnati Bengals to win the Super Bowl last February.