Furniture mogul bets $3.46M on Tampa Bay Buccaneers to cover in Super Bowl LV

Houston furniture mogul Jim McIngvale has placed a $3.46M bet on the Tampa Bay Buccaneers to win Super Bowl LV

Talk about betting the whole house on one side in Super Bowl LV. More like wagering enough to furnish many houses when it came to this bet.

Houston furniture mogul Jim “Mattress Mack” McIngvale made a trip to Colorado Springs on Wednesday to place a legal wager on the Tampa Bay Buccaneers.

McIngvale ponied up $3.46M on Tampa Bay getting 3.5 points to win Sunday’s game against the Kansas City Chiefs at Raymond James Stadium in Tampa, Fl.

After paying a little extra (-127) to get the Bucs at +3.5, McIngvale would win $2.72 million if Tampa Bay covers the spread.

“Tampa Bay is loaded with talent on both sides of the ball and led by the greatest football player of all time in Tom Brady, so I’m betting big on the Bucs who have overcome tough matchups throughout this postseason,” McIngvale said in a release from DraftKings.

Before anyone thinks McIngvale has inside information on Tom Brady’s team, realize he makes these bets many times because to hedge against promotions his furniture chain runs.

This year, customers at McIngvale’s store who spend $3,000 or more on a new mattress will get their money back if the Buccaneers win.

Mattress Mack hasn’t stopped making huge bets on some of the biggest stages in sports despite losing some of them. He bet against the Chiefs during last year’s Super Bowl run. He bet against them during the Divisional Round of the playoffs when playing against the Houston Texans and again during Super Bowl LIV when they played against the San Francisco 49ers. Overall, he’s 0-3 with his large NFL Playoff pick.

This bet topped the wager with BetMGM of $2.3 million on Tampa Bay last week placed last week in Nevada.

“Mack has been a great customer and is someone we have history with after taking his sizeable wager on the World Series a couple seasons ago,” Johnny Avello, DraftKings’ sportsbook director, said in the release.