Jim “Mattress Mack” McIngvale is an incredible business man. He’s not a very good sports bettor.
The biggest reason his bets fall flat is because the majority are placed on Texas-based teams. Sometimes it works out, like when the Houston Astros won last year’s World Series, netting him the largest payout in U.S. sports betting history. Most of the time, though, the bets lose, like when TCU got blown out in the national championship, or Sunday, when the Dallas Cowboys lost to the San Francisco 49ers.
