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Mattress Mack places $1 million bet on Houston Cougars to win NCAA tournament

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Published  December 12, 2022 6:45pm CST
Mattress Mack
FOX 26 Houston

Mattress Mack refunds Gallery Furniture customers

Mattress Mack won big after betting on the Houston Astros, winning $75 million, the largest sporting bet in history, and he's giving that money back to his customers. FOX 26's Natalie Hee speaks with customers waiting in line for their refund at the store and Mattress Mack himself.

LAKE CHARLES, Lousiana - Houston's own Jim ‘Mattress Mack’ McIngvale placed a $1 million bet on the University of Houston's basketball team, the Houston Cougars. 

RELATED: Houston Cougars basketball team signs 7-figure NIL deal with Mattress Mack

According to a press release, Horseshoe Lake Charles in Louisiana celebrated its grand opening Monday becoming the first riverboat casino to come to land in Lake Charles. As part of the official opening for the casino's Caesars Sportsbook, Houston's favorite mattress salesman stopped by to place the first ceremonial bet. 

The press release claims Mattress Mack brought in $1 million in cash and placed it on the Houston Cougars to win the NCAA tournament at 8-1. 

MORE STORIES INVOLVING MATTRESS MACK

If he wins, Mattress Mack would walk away $8 million richer along with a $30 million payout from Caesars Sportsbook from the 2022 World Series. This would, in turn, be the largest win on a single sports bet in legalized sports wagering history.