Mattress Mack loses $1 million betting against the Chiefs in Super Bowl LIV

Mattress Mack, Kansas City Chiefs, betting, San Francisco 49ers, Super Bowl LIV, Houston

It isn’t often that Mattress Mack takes an L, but he took one to the tune of $1 million on Sunday evening when the Kansas City Chiefs executed a 31-20 comeback against the San Francisco 49ers in Super Bowl LIV at Hard Rock Stadium.

James Franklin McIngvale, who operates the Gallery Furniture stores and goes by the furniture themed cognomen, placed a bet on the Niners to win the Super Bowl. Who knows why Mattress Mack went against Patrick Mahomes and the Chiefs? One would think the way the Chiefs whipped up on the Houston Texans 51-31 in the AFC divisional and the Tennessee Titans 35-24 in the AFC Championship Game that Mattress Mack would have sided Kansas City.

It isn’t the only fortune that Mattress Mack has lost in the last year. As any true Houstonian would, McIngvale bet $13 million on the Houston Astros to win the World Series against the Washington Nationals. Even though the Astros lost the series 4-3, McIngvale said he would do it again.

Of course, part of Mattress Mack’s bets are promotions for Gallery Furniture. If the 49ers would have won, then any customer who bought $3,000 or more Gallery Furniture or Tempur-Pedic mattresses would have received 50$ of their money back or 100% back in in-store credit.

That means it wasn’t just Mattress Mack betting on the Niners. If any of his customers were in the market for a new mattress and they spent thousands, and if San Francisco won, they would get a discount. If the customers were wrong, then they paid full price for their mattresses.

Nonetheless, Texans fans would love to see Mattress Mack place a bet on their NFL team in the Super Bowl someday. No Houston pro football team has won their league championship since the Oilers in 1961 when they defeated the San Diego Chargers 10-3. The Oilers would have made it a three-peat, but the Dallas Texans beat them in double overtime at Jeppesen Stadium. Those Texans turned out to be the Chiefs who beat the 49ers Sunday night.