Rovell: Mattress Mack Has At Least $12M in Bets on the Line in World Series Game 7

Oct 30, 2019 06:00 PM EDT
Credit:

Darren Rovell

  • Darren Rovell is tracking all of the big MLB playoff bets here, including the adventures of "Mattress Mack," the Houston furniture store owner who's placed at least $11 million in bets on his hometown Astros to win the World Series.
  • We'll be constantly updating this post, so be sure to follow along.

Wednesday, Oct. 30

Darren Rovell is spending the run-up to Game 7 of the World Series with Jim “Mattress Mack” McIngvale, who has wagered at least $11.6 million on the Astros to win the World Series as a means of hedging a promotion running at his furniture stores that carries north of $20 million in liabilities. In the morning, he decided to fly to Mississippi to place more bets. We’ll put the most recent entries at the top.

5:48 p.m. ET: We’re back from Mississippi and have arrived at the park for tonight’s game. Mack is hosting 30 kids with cancer and their parents tonight for Game 7. He did the same for World Series Game 1, buying tickets for 110 veterans. There’s obviously been a lot of focus on his betting, but his philanthropy is what makes him a local legend.

Credit: Darren Rovell

3:32 p.m. ET: VSiN’s Paul Howard reports that Mack bet another $336,000 on the Astros in Las Vegas via his advisers, professional sports bettors Anthony Curtis and Frank Betti.

I was with McIngvale when word got out of those wagers, and he said simply, “My guys told me they were gonna make some bets.”

The $336K was spread between two books — Circa Sportsbook took $270,000 of it and the Rio took the remaining $66,000. The Circa wager was at -135 odds, meaning it would profit an even $200,000. We’re unsure on the odds for the other wager, but it’s in the same vicinity, which would equate to a ~$50,000 profit on the $66K investment.

Here’s a rundown, based on what we’ve been able to confirm, with the bets Mack has riding on the Astros to win the World Series:

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1:57 p.m. ET: Mack accidentally wired $700,000 to the Scarlet Pearl Casino. The book agreed to take “only” a $675,000 bet, so they gave him back $25,000 in cash (pictured above). But being the convincing Texan that he is, Mack was able to get the book to accept the full $700,000 bet at -135 odds, meaning he’d profit $518,518 if Houston wins tonight.

Credit: Darren Rovell

That brings his tally to the following (among the bets we’ve been able to confirm). The DraftKings Sportsbook in the Scarlet Pearl Casino has now taken $6.2 million of the $11.625 million in bets accounted for below.

1:36 p.m. ET: Believe it or not, it’s not always easy to get sportsbooks to take six- to seven-figure bets — and as we approach the Scarlet Pearl Casino, Mack is expressing some frustration.