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Old 02-15-2022, 04:27 PM  
TLO TLO is offline
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Mattress Mack loses $9.5M on Super Bowl LVI bet
Doesn't this guy always lose??

Jim "Mattress Mack" McIngvale lost $9.5 million betting on the Cincinnati Bengals to win the Super Bowl but got up Monday morning, put on his "big boy britches" and was back to work selling furniture.


McIngvale, a beloved icon in Houston where he owns Gallery Furniture, has garnered national attention by placing big sports bets and attempting to mitigate his losses with promotional giveaways at his store.

He lost his bets when the Bengals lost a late lead and fell to the Los Angeles Rams 23-20 Sunday night in Super Bowl LVI. The Bengals covered the 4-point spread but McIngvale bet on the moneyline, meaning he needed a Bengals win. At the same time, he ran a promotion that offered customers who spent at least $3,000 on mattresses and furniture at his store their money back if the Bengals won.

The loss, on top of losses on Alabama in the national title game and future bets on the New England Patriots and Tennessee Titans, has resulted in $18 million in betting losses since the calendar turned to 2022.

Mattress Mack 2022 notable wagers

Lost $9.5 million on Cincinnati in Super Bowl

Lost $2 million on New England to win Super Bowl at 20-1 odds

Lost $700,000 on Titans to win Super Bowl (+850 future)

Lost $6.15 million on Alabama to win College Football Playoff at around +130 odds

McIngvale drove across the border to Louisiana early Friday morning, pulled over at a rest stop and placed the $5 million bet on Caesars Sportsbook's mobile app at +170 odds. Last week, McIngvale placed a $4.5 million money-line bet on the Bengals with Caesars Sportsbook in Louisiana for a total of $9.5 million on the underdog team from Cincinnati. Caesars Sportsbook said the $5 million Bengals bet was the largest single wager the company has ever taken, eclipsing a $4.9 million bet on the heavily favored St. Louis Rams to beat the New England Patriots in Super Bowl XXXVI.

"The Bengals lost, and it broke my heart because I wanted to see the customers get their money back, but it didn't work out that way," McIngvale told ESPN on Monday
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Old 02-15-2022, 04:33 PM   #2
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**** that coke headed asshole. I hate his ass. Save your money asshole cause your a loser.
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Old 02-15-2022, 04:33 PM   #3
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that's a shame
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Old 02-15-2022, 04:34 PM   #4
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$700k on the Titans to win? This dude is a ****ing moron.
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Old 02-15-2022, 04:35 PM   #5
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**** that coke headed asshole. I hate his ass. Save your money asshole cause your a loser.
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Old 02-15-2022, 04:57 PM   #6
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Didn’t this dude get busted for raping bitches?
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Old 02-15-2022, 05:00 PM   #7
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I'm guessing he has enough dough to not care about those loses.
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Old 02-15-2022, 05:02 PM   #8
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According to NBC Sports, 30-second ads are sold for roughly $6.5 million, which would make them the most expensive in Super Bowl history.
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Old 02-15-2022, 05:06 PM   #9
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Doesn't this guy always lose??

Jim "Mattress Mack" McIngvale lost $9.5 million betting on the Cincinnati Bengals to win the Super Bowl but got up Monday morning, put on his "big boy britches" and was back to work selling furniture.


McIngvale, a beloved icon in Houston where he owns Gallery Furniture, has garnered national attention by placing big sports bets and attempting to mitigate his losses with promotional giveaways at his store.

He lost his bets when the Bengals lost a late lead and fell to the Los Angeles Rams 23-20 Sunday night in Super Bowl LVI. The Bengals covered the 4-point spread but McIngvale bet on the moneyline, meaning he needed a Bengals win. At the same time, he ran a promotion that offered customers who spent at least $3,000 on mattresses and furniture at his store their money back if the Bengals won.

The loss, on top of losses on Alabama in the national title game and future bets on the New England Patriots and Tennessee Titans, has resulted in $18 million in betting losses since the calendar turned to 2022.

Mattress Mack 2022 notable wagers

Lost $9.5 million on Cincinnati in Super Bowl

Lost $2 million on New England to win Super Bowl at 20-1 odds

Lost $700,000 on Titans to win Super Bowl (+850 future)

Lost $6.15 million on Alabama to win College Football Playoff at around +130 odds

McIngvale drove across the border to Louisiana early Friday morning, pulled over at a rest stop and placed the $5 million bet on Caesars Sportsbook's mobile app at +170 odds. Last week, McIngvale placed a $4.5 million money-line bet on the Bengals with Caesars Sportsbook in Louisiana for a total of $9.5 million on the underdog team from Cincinnati. Caesars Sportsbook said the $5 million Bengals bet was the largest single wager the company has ever taken, eclipsing a $4.9 million bet on the heavily favored St. Louis Rams to beat the New England Patriots in Super Bowl XXXVI.

"The Bengals lost, and it broke my heart because I wanted to see the customers get their money back, but it didn't work out that way," McIngvale told ESPN on Monday
I wish this guy played poker instead. He could fund a ton of poor poker players careers if he just punted it off on cards.
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Old 02-15-2022, 05:19 PM   #10
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He didn't lose anything. He makes a deal with his customers that he will pay for their purchases if one team loses. Then he places the bet on the other team. He makes more than that to offset the losses on the bet. Been doing it for years.
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Old 02-15-2022, 05:20 PM   #11
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**** that coke headed asshole. I hate his ass. Save your money asshole cause your a loser.
It's insured.
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Old 02-15-2022, 06:22 PM   #12
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It's insured.
His asshole?
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Old 02-15-2022, 06:25 PM   #13
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His asshole?
Could be, I suppose. Not sure. I was referencing the bet. And that was probably wrong. I'm not quite sure.
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Old 02-15-2022, 07:08 PM   #14
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He didn't lose anything. He makes a deal with his customers that he will pay for their purchases if one team loses. Then he places the bet on the other team. He makes more than that to offset the losses on the bet. Been doing it for years.
Sounds like some criminal activity
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Old 02-15-2022, 08:48 PM   #15
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There's money in mattresses. $100 worth of material sold for $550 to $2000+. It's a racket.
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