Update: December 12, 2022 2:52 pm ET
Mack wasn’t done hammering Houston to win the Final Four. Or should we say, of course Mack wasn’t done betting on the Cougars.
Already in for $1.5 million this March, the furniture salesman made another huge wager on Houston—nearly doubling his stake in the process. Mack laid down another $1 million on Houston at +800, becoming the first person the place a bet at the new Caesar’s Sportsbook inside the Horseshoe Lake Charles Casino of Louisiana.
Mack is now up to $2.5 million to win $22 million.
Houston dropped to No. 5 in the AP Top 25 ranking on Monday but are still among the favorites to cut down the nets in April.
.@MattressMack just placed the first bet at the brand new Caesars Sportsbook at @HorseshoeLC 🤩
$1M on Houston to win the NCAA Men’s Basketball National Championship at 8-1 💰 pic.twitter.com/bniMiOdWOJ
— Caesars Sportsbook (@CaesarsSports) December 12, 2022
Original: November 15, 2022 9:45 pm ET
Famed better Mattress Mack is at it again, this time in the college basketball world.
After taking home the largest payout in U.S. sports betting history when the Houston Astros won the World Series, businessman Jim McIngvale has put down another major bet on another Houston-area team.
On Tuesday, Mattress Mack tossed $500,000 on the Houston Cougars’ 10-1 odds to win the NCAA Tournament next spring. He’d take home $5 million if the Cougars were to win the championship.
Later on Wednesday, Mack placed another $1 million on Houston (+900) at DraftKings to bring his stake up for $1.5 million for a total payout of $14 million.
McIngvale certainly has the money to throw around after his recent windfall, and he’ll be an even richer person if Houston can win the big bracket next year.
It’s not a bad bet to make, with the Cougars currently ranked third in the nation by AP.
I Always enjoy the visit and a good conversation with Mattress Mack. He came and played Houston Cougers to win cbb National Championship @ 10-1 for 500k with us today.👍 pic.twitter.com/T9lN7yJ1LY
— Carl Johnson (@JicJacJohnson) November 16, 2022
Mattress Mack has doubled down 😳
He put an additional $1M on Houston (+900) to win the national title @DKSportsbook.
In total, Mack has bet $1.5M to win $14M 💰 pic.twitter.com/7KpEGPzY9H
— Action Network (@ActionNetworkHQ) November 16, 2022
Well, if this all goes well, Mattress Mack might need more wheelbarrows to take home more winnings.
He’ll undoubtedly be watching March Madness closely next year to see if he’s due another big payout.
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