Jim “Mattress Mack” McIngvale has amassed reasonably the monitor document in recent times when it comes to his huge bets. With the Houston Astros falling wanting attaining the World Series, McIngvale will lose a substantial chew of exchange.
The Houston-area furnishings retailer proprietor lost at least $7.9 million on Astros bets, according to Vegas Insider reporter Patrick Everson. If the Astros would’ve ended up successful the World Series, McIngvale would”ve taken house $50.9 million in general winnings.
In past due September, the Astros had been in peril of now not qualifying for the playoffs. At that point, McIngvale introduced that he had positioned a $1 million wager at the crew to win the World Series at +1100 odds at Caesars Sportsbook. That marked the longest odds that the Astros had at any level throughout the 2023 season.
McIngvale positioned the next bets at the Astros to win the World Series all through the yr:
- Spring coaching:Â $1.9 million at +600 to win $11.4 million at Caesars Sportsbook
- Sept. 15: $2 million at +600 to win $12 million at DraftKings
- Sept. 27: $1 million at +1100 to win $11 million at Caesars Sportsbook
- Pre-ALDS: $2 million at +450 to win $9 million
The Astros did end the 2023 common season by way of successful the American League West at the ultimate day of the yr. As a results of successful its department, Houston’s odds tremendously diminished and had the most productive odds of any crew to win the World Series at maximum sportsbooks.
McIngvale received a document $75 million when the Astros received the World Series in 2022. If the Astros would’ve repeated as World Series champions, he would’ve received an estimated $118 million during the last two years.
McIngvale could have to watch this yr’s World Series from the sidelines, however it is most probably that we will see him putting giant bets in due time with the Super Bowl and NCAA Tournament set to happen over the following six months.