Mattress Mack Makes $1.5M Bets on Houston Cougars A Week After Winning $75M on Astros
Photo by Ken Murray/Icon Sportswire via Getty Images. Pictured: Mattress Mack
Days after Mattress Mack was picking up his World Series millions in a wheelbarrow in Vegas, he’s back at it.
And he’s rolling with another team from Houston — as he normally does.
Jim McIngvale — the Houston furniture magnate who won nearly $75 million on the Astros winning the World Series — has placed $1.5 million in total bets on the University of Houston to win the NCAA men’s basketball tournament. If the Cougars win it all, he’ll win a total of $14 million.
The first ticket of $500,000 was made at BetMGM at 10-1 odds. That ticket would pay out $5 million.
The second ticket for $1 million was made at DraftKings at 9-1. That ticket would win $9 million.
Mattress Mack has placed his next bet 👀
$500K to win $5M on Houston (10-1) to win the national title
— Action Network (@ActionNetworkHQ) November 16, 2022
It’s not the first time Mack has put big money on the team. In 2021, he bet $1 million on the Cougars at 9-1 — the same price he got this week. Houston lost to Baylor in the Final Four.
Mattress Mack doesn’t always roll with his hometown teams, though.
Last year, Mack won $12.2 million after the Kansas Jayhawks won the title. He also wagered on the Alabama Crimson Tide to beat the Georgia Bulldogs in the College Football National Championship. Mack lost $6 million on that wager.
Yet still, Mack bet nearly $10 million on the Bengals to win Super Bowl LVI, which they lost to the Rams. Earlier that postseason, Mack made a roughly $700K wager on the Titans to win it all. The Titans fell in their first playoff game.