No name in Texas is more synonymous with sports betting than Jim McIngvale, aka Mattress Mack. So with another Texas sports team playing in a major championship, it should be no surprise that the Houston-area mattress mogul is back with another huge bet.
According to Action Network’s Darren Rovell, McIngvale placed a $1.5 million bet at DraftKings for TCU to beat Georgia in Monday’s College Football Playoff National Championship. Getting the Horned Frogs’ moneyline at +370 odds, Mattress Mack would win $5.55 million if they can pull of the upset.
Of course, those are longshot odds. Georgia has long been favored to win the national title and is currently favored by 12.5 points.
Mack often uses promotional mattress sales to fund his bets, but he should have plenty of dough to blow after winning a U.S. sports betting record $75 million on the Houston Astros’ World Series title. He also has a pending $2.5 million bet on University of Houston to win the men’s college basketball national championship.
