Posts: 10,742
Threads: 1,323
Reputation:
39486
Joined: May 2015
Location: Robbing Grandmas Of The Covid Vaccine In Northern Kentucky-Greater Cincinnati
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!
1
Posts: 2,089
Threads: 68
Reputation:
10030
Joined: May 2015
Location: Denver
lol mobile wager....I wish i made better life choices where I could just bet 4.5M with my phone.
-The only bengals fan that has never set foot in Cincinnati 1-15-22
Posts: 3,699
Threads: 23
Reputation:
17434
Joined: May 2015
Looks like he has not been making particularly good betting choices this year..
Everything in this post is my fault.
Posts: 3,827
Threads: 36
Reputation:
21840
Joined: May 2015
People with silly amounts of money can do silly things with their money.
1
Posts: 9,020
Threads: 51
Reputation:
47363
Joined: May 2015
Location: Top floor of the Better Business Burrow
(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.
Posts: 9,020
Threads: 51
Reputation:
47363
Joined: May 2015
Location: Top floor of the Better Business Burrow
So, as a non-gambler, help me out here: how much profit would he get (excluding his original wager) with a Bengals win?
Posts: 138
Threads: 2
Reputation:
318
Joined: Oct 2015
(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
Posts: 2,089
Threads: 68
Reputation:
10030
Joined: May 2015
Location: Denver
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
-The only bengals fan that has never set foot in Cincinnati 1-15-22
Posts: 14,281
Threads: 294
Reputation:
31560
Joined: May 2015
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!"
Chicago sounds rough to the maker of verse, but the one comfort we have is Cincinnati sounds worse. ~Oliver Wendal Holmes Sr.
Posts: 17,067
Threads: 237
Reputation:
133092
Joined: Oct 2015
(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.
____________________________________________________________
Posts: 14,281
Threads: 294
Reputation:
31560
Joined: May 2015
(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..
In the immortal words of my old man, "Wait'll you get to be my age!"
Chicago sounds rough to the maker of verse, but the one comfort we have is Cincinnati sounds worse. ~Oliver Wendal Holmes Sr.
Posts: 2,089
Threads: 68
Reputation:
10030
Joined: May 2015
Location: Denver
(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.
-The only bengals fan that has never set foot in Cincinnati 1-15-22
Posts: 13,628
Threads: 365
Reputation:
45805
Joined: May 2015
Poor Mattress Mack. He believed.....
I wanted to win it for him.
Quote:"Success doesn’t mean every single move they make is good" ~ Anonymous
"Let not the dumb have to educate" ~ jj22
Posts: 5,606
Threads: 197
Reputation:
14886
Joined: May 2015
He won? Didn’t he take the points
Posts: 4,489
Threads: 6
Reputation:
15544
Joined: May 2015
(02-15-2022, 10:54 AM)TKUHL Wrote: He won? Didn’t he take the points
I think he went moneyline.
#WhoDey
#RuleTheJungle
#TheyGottaPlayUs
#WeAreYourSuperBowl
Posts: 28,757
Threads: 40
Reputation:
126716
Joined: May 2015
Location: Parts Unknown, PA
You win again, Boxspring King.
Posts: 5,606
Threads: 197
Reputation:
14886
Joined: May 2015
(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
Posts: 13,628
Threads: 365
Reputation:
45805
Joined: May 2015
oh I don't know. I thought he took the Bengals to win.
Quote:"Success doesn’t mean every single move they make is good" ~ Anonymous
"Let not the dumb have to educate" ~ jj22
Posts: 4,489
Threads: 6
Reputation:
15544
Joined: May 2015
#WhoDey
#RuleTheJungle
#TheyGottaPlayUs
#WeAreYourSuperBowl
Posts: 2,968
Threads: 27
Reputation:
16667
Joined: Jan 2022
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.
|