ATLANTIC Metropolis, N.J. (AP) — A prolific Texas gambler with a knack for notice-receiving bets stands to acquire just about $75 million if the Houston Astros gain the Entire world Collection, together with what sportsbooks say would be the biggest payout on a one authorized sports bet in U.S. record.
Jim “Mattress Mack” McIngvale of Houston has wagered a overall of $10 million with various sportsbooks on an Astros victory.
His bets contain a $3 million wager built back again in May possibly with Caesars Sportsbook at 10-to-1 odds. It would fork out him $30 million, which Brad Harwood, a spokesperson for the sportsbook, claimed would be the biggest payout on a single legal sports wager in U.S. heritage.
“I have no panic in me,” McIngvale stated Tuesday, whilst supplying away mattresses in Atlantic Town to military services personnel, veterans and very first responders at Harrah’s on line casino. “I have a high tolerance for chance. If I drop, you will find generally an additional working day.”
McIngvale has a long background of big bets on the Entire world Sequence, Super Bowl and NCAA Closing 4 match. He links the bets to test to protect the price of promotions at his mattress retail store in Houston if the Astros gain this 12 months, clients who purchased higher-stop mattresses will get their revenue again.
In addition to his $3 million wager with Caesars, McIngvale wager $2 million with BetMGM $2 million with Barstool Sporting activities and $1 million each and every with Wynn, Unibet and Betfred.
Even if the Philadelphia Phillies prevail, McIngvale figures he’ll nevertheless arrive out $500,000 to $1 million in advance immediately after paying out shopper refunds.
He figures he’s up “probably a couple million net” in the six or so years he has been making substantial bets on sports activities championships.
But it doesn’t constantly function out for him. He lost nearly $10 million on the most new Tremendous Bowl, backing the Cincinnati Bengals over the eventual champion Los Angeles Rams.
He also whiffed on an Astros Earth Series bet last year, on Alabama in the national university championship video game, as perfectly as on NFL futures bets on the New England Patriots and Tennessee Titans.
The ideal-of-seven Environment Series was tied at a video game apiece heading into Tuesday night’s Video game 3 in Philadelphia.
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Stick to Wayne Parry on Twitter at twitter.com/WayneParryAC
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