After winning $75 million on the Astros‘ World Series championship last fall, Jim “Mattress Mack” McIngvale is going back to the well this year. The famed furniture magnate recently wagered $1.9 million on his hometown Astros to repeat this season.
The bet is for the Astros to win the World Series at +600 odds, which would net Mattress Mack over $11 million in winnings.
Before the season last year, Mattress Mack first bet $3 million on the Astros to win it all at +1000 odds. He then continued to place bets throughout the season and postseason, leading to the biggest payout in sports betting history.
Although Mattress Mack has enjoyed success with the Astros, he hasn’t found it with other teams recently. He lost $2 million on the Cowboys in their playoff loss to the 49ers, $1.5 million on TCU in the CFP national championship and $4 million on the University of Houston to win the 2023 men’s NCAA tournament.