Jim 'Mattress Mack' McIngvale, the Houston furniture store owner known for his high-stakes sports bets, has placed a $1 million wager on the University of Houston men's basketball team to win the 2024 NCAA Tournament at +750 odds through @CaesarsSports. The bet has the potential to pay out $7.5 million if the Houston Cougars clinch the national title. This move is part of McIngvale's ongoing strategy to back promotions at his Gallery Furniture stores, using large sports wagers as a hedge against promotional giveaways.
Mattress Mack Places A Smooth $1 Million On Houston To Win March Madness https://t.co/wYuhMshhnW
Houston furniture store owner Jim “Mattress Mack” McIngvale bet $1 million on the NCAA Tournament. https://t.co/XtkpZdDNvq
Mattress Mack beta $1 million on Houston to win March Madness 2024 https://t.co/NJr6X33pk1
Mattress Mack reveals $1 million bet on Houston to win March Madness 2024 https://t.co/7WTHhLUIcj https://t.co/8W1gUKbgNx
Mattress Mack has placed $1M to win $7.5M on Houston to win the NCAA Tournament @CaesarsSports 👀 It will serve once again as a hedge on his furniture store sales promotion. https://t.co/xviSPSuuGY
Jim "Mattress Mack" McIngvale is at it again. To back a promotion at his Gallery Furniture stores, McIngvale has placed a $1 million bet on the University of Houston basketball team to win the national championship. https://t.co/sGU0T2vvO1
.@MattressMack wagered $1 million on the Houston Cougars at +750 to win the NCAA title at @CaesarsSports
Mattress Mack spends millions on NIL deals and bets on Houston basketball. https://t.co/hB45f4qfDa
NEW: Jim 'Mattress Mack' McIngvale has placed a $1M bet on Houston to win the 2024 NCAA Tournament, via @CaesarsSports🤯 A Cougars national championship would pay him out $7.5M📈 https://t.co/eUCiSozoiy https://t.co/AbUwPLqW23
Jim 'Mattress Mack' McIngvale makes $1 million bet on University of Houston to win national title https://t.co/UfRP1249ju
Jim ‘Mattress Mack’ McIngvale made a $1 million March Madness wager on the Houston Cougars https://t.co/4F3o9iz1ml
Mattress Mack put down $1 million on Houston men's basketball to win 2024 March Madness https://t.co/RpSySCZYOj https://t.co/t4o8WIIUYs