Jim “Mattress Mack” McIngvale has had some spectacular victories, however that doesn’t make his betting prowess invulnerable, and nothing higher put that into full view than his newest botched wager in favor of the Texas Longhorns on the Sugar Bowl.
Earlier than the Longhorns huge sport towards the Washington Huskies, McIngbale positioned a $1 million wager for his beloved Texas crew to win the Nationwide Championship — a primary since 2005 when Vince Younger led the crew to victory.
“On Friday night time, I drove to Louisiana to wager on my cellphone,” McIngvale instructed FOX Sports activities. “I’ve an unlimited ardour for UT soccer.”
Sadly, the Huskies received Monday night time’s shut sport with a rating of 31-37. Had McIngvale’s wager paid off, he would have hit the jackpot.
“If Texas pulled off a comeback within the Sugar Bowl, McIngvale’s $1 million wager at +270 odds at Caesars Sportsbook would have resulted in a hefty $2.7 million revenue. If the Longhorns went on to win subsequent week’s championship sport, he would have obtained a complete estimated payout of $3.7 million,” Fox Information famous.
The sports activities betting firm, The Motion Community, estimates that McIngvale has misplaced $10.25 million in sports activities wagers over the previous three years.
Mattress Mack has misplaced $10.25M on CFP bets over the past 3 years 😳
❌ $6.15M on Alabama ML vs. Georgia (2022)
❌ $3.1M on TCU ML & +13 vs. Georgia (2023)
❌ $1M on Texas to win the CFP (2024) pic.twitter.com/KPMkN8iJBw
— Motion Community (@ActionNetworkHQ) January 2, 2024
Regardless of the losses, McIngvale’s gorgeous victories shouldn’t be discounted.
“McIngvale has loved some large wins throughout his highly-publicized sports activities betting profession. The Astros defeated the Philadelphia Phillies within the 2022 World Collection, which allowed McIngvale to gather an unprecedented $75 million in winnings,” famous Fox Information.
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