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{"id":21428,"date":"2022-11-02T13:09:01","date_gmt":"2022-11-02T07:39:01","guid":{"rendered":"https:\/\/thecorporatemagazine.com\/?p=21428"},"modified":"2022-11-10T16:19:16","modified_gmt":"2022-11-10T10:49:16","slug":"mattress-macks-betting-on-the-world-series-can-make-him-a-record-75-million","status":"publish","type":"post","link":"https:\/\/thecorporatemagazine.com\/mattress-macks-betting-on-the-world-series-can-make-him-a-record-75-million\/","title":{"rendered":"Mattress Mack’s betting on the World Series can make him a record $75 million"},"content":{"rendered":"\t\t
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Mattress Mack's betting on the World Series can make him a record $75 million<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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November 2, 2022: Jim McIngvale, the Texas furniture salesman hedging sports bets with furniture promotions, said he had placed a total of $10 million on his beloved Houston Astros in the World Series. And if he did, the payout would be a great $75 million.<\/p>

“Winning the bet is necessary, but more importantly, winning the bets permits us to provide money back to all of the customers who bought regarding $75 million of furniture,” McIngvale stated.<\/p>

Game 1 amid the Astros and the underdog Philadelphia Phillies is scheduled for Friday evening. “The excitement is the actual here in Houston,” he said.<\/p>

McIngvale, aged 71, is the owner of Gallery Furniture in Houston. As part of a marketing campaign, he offers his customers a special promotion around important sporting events. If you spend $3,000 or over on a mattress, your buying is free if the Astros win.<\/p>

“If the bet, then I’ll be getting the $10 million in capital back that I supported, so I don’t have costs in the promotion,” he added. “And if the Phillies win, then I’m over the $10 million, so I have a made an interest in this either way, but my actual interest is in ensuring the customers win,” he added.<\/p>

“This would be the largest payout in the history of any sports bet, anytime, anywhere,” Ken Fuchs, Caesars’ head of sportsbook. Mack placed the biggest World Series bets, $3 million, on May 13, with Caesars at 10-1 on the Astros to defeat.<\/p>

McIngvale said he works with Caesars and Sealy Mattress and is providing new mattresses to recent responders, military veterans, and active-duty military members in Houston and Philadelphia to celebrate his historic bet and return to the local communities.<\/p>

He said that his World Series bets had taken him around the country, as sports gambling is illegal in his home state of Texas.<\/p>

\u201cI don\u2019t think Texas will legalize sports or casino betting during my lifetime, but it happens. But currently, going to Louisiana is not that of an imposition; going to Iowa and then finding Las Vegas all night long, that’s a little any other story,” he added.<\/p>

In 2017, when the Astros won the World Series, Mack doled millions in giving back the money. He lost over $9 million this year when the Los Angeles Rams overcame the Cincinnati Bengals in the Bowl.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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November 2, 2022: Jim McIngvale, the Texas furniture salesman hedging sports bets with furniture promotions, said he had placed … <\/p>\n","protected":false},"author":1,"featured_media":21429,"comment_status":"closed","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[19],"tags":[625],"class_list":["post-21428","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-mattress-mack"],"yoast_head":"\nMattress Mack's betting on the World Series can make him a record $75 million<\/title>\n<meta name=\"description\" content=\"Jim McIngvale, the Texas furniture salesman hedging sports bets with furniture promotions, said he had placed a total of $10 million on his...\" \/>\n<meta name=\"robots\" content=\"index, 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