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‘Mattress Mack’ loses $4.1 million on Houston Cougars, bets $1.9 million on Astros

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The final time Mattress Mack was in Las Vegas, he left with a wheelbarrow full of money after accumulating the majority of his document $72.6 million in successful wagers on the Astros to win the World Collection.

Houston furnishings retailer proprietor Jim “Mattress Mack” McIngvale gave again a piece of his winnings Friday night time, when he was again on the Strip for the official grand opening of the Horseshoe Las Vegas.

McIngvale, 72, misplaced $4.15 million in wagers on Houston when the top-seeded Cougars have been eradicated 89-75 by No. 5 Miami. And he wasn’t even in a position to watch the second half, although which may’ve proved painful.

He already had a complete of $4.05 million to win $35.4 million driving on Houston to win the NCAA championship when he positioned a $100,000 Texas-Houston money-line parlay at even cash Friday afternoon on the Caesars Sportsbook at Paris Las Vegas.

Sporting a purple Houston Cougars hat and warmup jacket, McIngvale, arguably the world’s most well-known sports activities bettor, stopped to signal autographs and pose for images with dozens of individuals as he made his approach from Paris to the Horseshoe earlier than ending his night time at Caesars Palace.

He watched the primary half of Houston’s recreation intently on the Paris sportsbook, yelling “Come on Cougs!” as they erased an early 7-2 deficit. He didn’t seem to note a close-by bettor in an orange Hurricanes shirt who cheered loudly as Miami took a 29-23 lead and yelled in Mack’s route, “We’re approach too athletic for them.”

When Houston made back-to-back 3s to tie the sport at 29, Mack clapped his palms rapidly and yelled, “Attaboy.”

The Cougars trailed 42-36 on the half, when Mack headed to the Horseshoe for the grand opening occasion. He stated he wasn’t going to maintain monitor of the sport within the second half and would simply look forward to the ultimate rating.

“It’s too nerve-wracking,” he stated.

Whereas ready for the occasion to start out on the primary entrance of the Horseshoe, a gaggle of ladies from Houston on the town for a fiftieth birthday celebration noticed Mack and screamed. He walked over to greet them and smile for photos as, unbeknownst to him, the Cougars closed the hole to 51-49.

However that’s as shut as they’d get.

By the point the ceremony that includes remarks by Jack Binion — whose father Benny Binion opened the unique Horseshoe Membership in downtown Las Vegas in 1951 — and others concluded and confetti exploded, Miami had opened a 70-53 lead.

Mack stated he had no thought what the rating was as he headed to Jack Binion’s Steak for a panel dialogue with Binion and Poker Corridor of Famer Doyle Brunson.

“Did Alabama win?” he requested.

The Crimson Tide additionally have been upset, 71-64, by San Diego State as all 4 No. 1 seeds failed to succeed in the Elite Eight.

When the dialogue ended, Mack lastly checked the rating on his cellphone and noticed that he’d simply misplaced $4.15 million. However he didn’t flinch and took the loss in stride.

“I form of resigned myself when the fellows (within the crowd) weren’t waving at me that they have been shedding,” he stated. “However they’d an ideal season, and so they gave us plenty of thrills. Everyone in Houston loves the Cougars, and we are going to dwell to battle one other day.

“I’m huge on NIL (identify, picture and likeness licensing for school athletes), and we’re going to do it larger and higher subsequent yr.”

McIngvale pledged seven figures this season to the Cougars by means of his NIL deal and stated it was used to pay for households of gamers to attend the NCAA Event.

The bets on Houston have been the newest in a collection of multimillion-dollar wagers to scale back danger on promotions at his Gallery Furnishings shops. On this case, clients who made purchases of $5,000 or extra would’ve gotten their a refund if the Cougars gained all of it.

“I’ve a really brief reminiscence. I all the time have,” he stated. “I’m on to the subsequent promotion.”

A couple of minutes later, he placed on an Astros jersey with “Mattress Mack” and the quantity 22 in gold on the again and headed to Caesars Palace, the place he positioned $1.9 million in wagers to win $11.4 million on Houston at 6-1 odds to repeat as World Collection champion.

His newest promotion gives clients their a refund on purchases of $5,000 or extra if the Astros win all of it.

“That is the golden period of Houston Astros baseball,” he stated. “Go ’Stros.”

Contact reporter Todd Dewey at tdewey@reviewjournal.com. Observe @tdewey33 on Twitter.



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