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Jim "Mattress Mack" McIngvale is a furniture salesman in Texas and he put 4.5 million on us to win STRAIGHT UP!
He didn't even take the points!
He did the same thing with the Bucs last year and it paid off for him, so I'm liking the bet and our chances!
WHO-DEY!
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lol mobile wager....I wish i made better life choices where I could just bet 4.5M with my phone.
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Looks like he has not been making particularly good betting choices this year..
Everything in this post is my fault.
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People with silly amounts of money can do silly things with their money.
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(02-04-2022, 12:38 PM)basballguy Wrote: lol mobile wager....I wish i made better life choices where I could just bet 4.5M with my phone.
It's too late to have made 'better life choices,' but there's still time to STEAL. THAT. PHONE.
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So, as a non-gambler, help me out here: how much profit would he get (excluding his original wager) with a Bengals win?
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(02-04-2022, 12:42 PM)Awful Llama Wrote: So, as a non-gambler, help me out here: how much profit would he get (excluding his original wager) with a Bengals win?
Wager: $4,534,000
Potential win: $7,707,800
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for those that don't know, he does bets like this every year in most major sporting events and especially when Houston is involved. The way he hedges this is he'll run a promo that says "If the Bengals win the super bowl then your mattress is free!"...or whatever other team he's betting on. I'm sure he hedges it other ways too but that's the one that always appears in the local news
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Maybe it's just me, but I think I'd rather sleep in a bathtub with a stopper in that someone peed in than sleep on one of his mattresses.. The guy isn't a loyal anything.. It's just a gimmick for idiots..
In the immortal words of my old man, "Wait'll you get to be my age!"
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(02-04-2022, 12:45 PM)basballguy Wrote: for those that don't know, he does bets like this every year in most major sporting events and especially when Houston is involved. The way he hedges this is he'll run a promo that says "If the Bengals win the super bowl then your mattress is free!"...or whatever other team he's betting on. I'm sure he hedges it other ways too but that's the one that always appears in the local news
Not a half bad little setup there if you think about it as paying for advertising vs potentially free advertising instead of winning a bet vs losing a bet.
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(02-04-2022, 01:17 PM)TheLeonardLeap Wrote: Not a half bad little setup there if you think about it as paying for advertising vs potentially free advertising instead of winning a bet vs losing a bet.
Still a gimmick .. Oh well..Someone has to do them.. and someone has to fall for them..
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(02-04-2022, 01:19 PM)grampahol Wrote: Still a gimmick .. Oh well..Someone has to do them.. and someone has to fall for them..
Have you never used a coupon or bought something on sale? If you don't need a mattress then sure, it doesn't make sense. If you do, you would be a fool not to consider a promotion like that.
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Poor Mattress Mack. He believed.....
I wanted to win it for him.
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He won? Didn’t he take the points
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(02-15-2022, 10:54 AM)TKUHL Wrote: He won? Didn’t he take the points
I think he went moneyline.
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You win again, Boxspring King.
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(02-15-2022, 10:56 AM)Interceptor Wrote: I think he went moneyline.
Doesn’t make sense because he talks about other betting sites not wanting to give him the same odds
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oh I don't know. I thought he took the Bengals to win.
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From ESPN:
Jim "Mattress Mack" McIngvale lost $9.5 million betting on the Cincinnati Bengals to win the Super Bowl but got up Monday morning, put on his "big boy britches" and was back to work selling furniture.
McIngvale, a beloved icon in Houston where he owns Gallery Furniture, has garnered national attention by placing big sports bets and attempting to mitigate his losses with promotional giveaways at his store.
He lost his bets when the Bengals lost a late lead and fell to the Los Angeles Rams 23-20 Sunday night in Super Bowl LVI. The Bengals covered the 4-point spread but McIngvale bet on the moneyline, meaning he needed a Bengals win. At the same time, he ran a promotion that offered customers who spent at least $3,000 on mattresses and furniture at his store their money back if the Bengals won."
He mitigated the loss somewhat by now not having to give the money back for all the people who bought mattresses and furniture. His sales were up so high with this promotion that he actually had added to his original bet.
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