Houston Salesman Mattress Mack Bets $3.5 Million On Astros To Win World Series
The Major League Baseball postseason is upon us and the Houston Astros are once again one of the favorites to win the World Series. Fans are crazy excited to see what the 'Stros will do this year, and one of Houston's most beloved figures is betting MILLIONS on them to win it all!
Jim "Mattress Mack" McIngvale, owner of Gallery Furniture in Houston, is a MASTER at wacky headline grabbing promotions, and he's also one of the city's biggest philanthropists. He managed to take America by surprise by placing a $3.5 MILLION DOLLAR bet on the Astros to win the World Series this year at a Sportsbook in Biloxi, Mississippi on Tuesday, according to ESPN and KTRK.
If the Astros win it all, Mack's bet will pull in a net $7.7 million dollars and he's going to need it. You see, Gallery Furniture has been running a sales promotion all season long where if customers purchased $3,000 or more in mattresses and furniture at Gallery, he would REFUND their purchase if the Astros won the World Series.
He ran a similar promotion in 2017 and refunded more than $10 million in purchases, when Houston beat the Los Angeles Dodgers to win the franchise's first World Series. - via KTRK
So he's basically trying to cover his potential losses and its a pretty gutsy and smart move. You'll Astros fans wanting to take advantage of potentially FREE furniture if they believe in their team.