“Mattress Mack” had reason to celebrate the Houston Astros’ World Series victory Saturday, and not just because he’s an Astros superfan.
Houston furniture store owner Jim McIngvale, known as “Mattress Mack,” made a series of $10 million bets on the Astros winning the World Series.
And when his team won the franchise’s second World Series title with a 4-2 win over the Philadelphia Phillies, McIngvale took home $75 million, widely reported to be the largest payout in sports betting history.
McIngvale told CNN last year that the Astros bet big on a potential World Series title to hedge another type of bet: Customers who bought some mattresses worth $3,000 or more will get their money back if the Astros win.
He told FOX 26 on Saturday that most of the $75 million will be paid to customers as part of the promotion of the Gallery Furniture chain.
“All the work the Astros did, all I did was bet the money,” McIngvale said.
The 71-year-old is famous for his big bets on sports games over the years – including a $3.35 million stake on the Astros winning last year’s World Series in June 2021 – and was filmed celebrating during his team’s championship. game win at Minute Maid Park.
In the Houston community, McIngvale is well known for his charity work, turning his stores into shelters to help people displaced by severe weather such as Hurricane Harvey.
“I am so proud to be a part of this city and I will ALWAYS stand up for what is right… [and] I will always do my best to act FAST and for the people”, he added in his statement.
McIngvale also threw out the first pitch before Saturday’s game, which he called “an honor.”
The Astros’ 4-1 win over the Phillies was the first time since 2013 that a team has won a World Series title at home.