Astros give Mattress Mack $75 million to celebrate World Series win

Posted: November 6, 2022, 7:21 a.m.

Last update: November 6, 2022, 8:22 a.m.

The Houston Astros weren’t the only ones celebrating a big win on Saturday night.

Mack mattress
Houston businessman Jim “Mattress Mack” McIngvale, seen here placing a $3.5 million bet on the Houston Astros in 2019 at Scarlet Pearl Casino in Mississippi, won $75.7 million after that the Astros won the 2022 World Series on Saturday night. (Photo: Scarlet Pearl Casino/Twitter)

When Kyle Tucker caught the foul on Nick Castellanos to win Game 6 of the World Series and clinch the title, it also meant Houston businessman Jim “Mattress Mack” McIngvale took in $75.7 million. dollars.

McIngvale, whose high-profile bets are tied to sales at his Gallery Furniture stores, placed a number of bets totaling $10 million during the season on his hometown team winning the World Series. Sportsbook acts as insurance, as it offers refunds to buyers if a certain team wins a title. This year, some Gallery customers received double cashback offers on the Astros, earning it all for purchases they made earlier in the year.

The Astros asked McIngvale to throw out the ceremonial first pitch before Saturday’s game.

Early Sunday morning, he posted a statement on Twitter, thanking the city, the Astros and his wife, Linda.

“We share this victory together,” he said.

Sports betting offer Congratulations

The biggest bet came in May. McIngvale bet Caesars $3 million as the Astros had odds of 10 to 1 to win the World Series. He pocketed $30 million on the bet, which the Las Vegas-based operator says is the largest payout in legal sports betting history.

Just before the start of the World Series, McIngvale and Caesars held a joint press conference to discuss the bet and also announced a mattress giveaway to veterans and first responders in Houston, Philadelphia and Atlantic City.

Would we do it all over again? You bet,” said Ken Fuchs, COO of Caesars Digital. “While Mack may have won this round in the field, we are proud of how we have partnered to support first responders and military veterans in Houston, Philly and Atlantic City. And to Mack — we rock our Astros cap — and remind him he can now support his Texans and Rockets.

The NFL’s Texans and NBA’s Rockets have an “attractive price tag” at 1,000-1, Fuchs noted. They both have the worst records in their league.

McIngvale also made other bets with Barstool Sportsbook, Betfred, BetMGM, Unibet and WynnBET when Astros odds were 5.33-1 (+533) at Barstool and 5-1 elsewhere. He bet $2 million each on BetMGM and Barstool, and $1 million each on Betfred, Unibet and Wynn.

He and other winning Astros punters received a congratulatory video from Betfred founder and CEO Fred Done on Saturday night.

“You had the courage, the balls to put your money on the line… You won. You deserve your money. I pay you,” Done said.

Dodgers’ top favorite for 2023 World Series

With the 2022 MLB season now over, some sportsbooks have already posted their odds for next year.

BetMGM has the Los Angeles Dodgers as the favorite to win it all, with odds of 5-1. The Astros are next at 7-1, with the Atlanta Braves available at 8-1.

Caesars also has the Dodgers at 5-1, but the Astros are 5.5-1. Meanwhile, the Braves and New York Yankees are 8.5-1.

Those odds will likely change during the offseason as teams make trades and sign free agents. The biggest impact on the ratings could come from the team signing Yankees slugger Aaron Judge, who is set to enter the market after hitting an American League record 62 homers.