Mattress Mack has lost some monster bets during his gambling days, including a few on his beloved Houston Astros. But this year, he cashed in big time after placing some monster wagers on his favorite team to win the World Series.
According to reports, Mack wagered a total of $10-million on the Astros to win it all, with his potential winnings set at an insane $73-million. And after Houston closed the series out in five games, Mack didn’t waste time collecting his cash.
The millionaire businessman was seen carrying $10-million in cash in a wheelbarrow while leaving Las Vegas.
According to the Las Vegas Review Journal, Mack first headed to the Carsars Sportsbook to collect a $30-million check. Then, he went on over to the Aria to collect another $10-million in cash.
Via the Las Vegas Review Journal:
Houston furniture store owner Jim “Mattress Mack” McIngvale was back in the valley Thursday night to collect $40 million of his record $72.6 million in winning wagers on the Houston Astros to win the World Series.
He was presented with a check for $30 million at Caesars Palace for a $3 million bet he placed in May at 10-1 odds at Caesars Sportsbook.
After having dinner at Caesars Palace, McIngvale headed to Aria to collect his $10 million in winnings from a $2 million wager he placed in July at 5-1 odds at the BetMGM sportsbook at Bellagio.
After sleeping for three hours in his free room, McIngvale went to the casino cage at 3 a.m. Friday to collect his $10 million. In cash.
He then headed to the airport, where he personally loaded the stacks of cash into a wheelbarrow and then onto his private plane for the trip back to Houston.
Mack apparently placed an initial wager of $3-million on the Astros to win it all at 10-to-1 in May. And from there, he continued to add to that total, until he was risking a total of $10-million.
Of course, Mack won’t get to keep all of that money, as he offered customers at his furniture story double their money back if they spend over $3,000 and the Astros win the World Series.
In the end, Mack’s customers get their money back and then some, Mack gets some great publicity, and I’m sure he’ll also have some money from that $72.6-million left over to have a bit of fun himself.
Sounds like a win-win-win situation to me!
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