Mattress Mack Wins Record $75 Million Sports Betting Payout After Astros Win World Series

Jim McIngvale bet $75 million on the Houston Astros winning the World Series and won $100 million.

The Houston Astros won the World Series in six games. McIngvale bet $10 million in May that the Astros would win the series. He has been making high-dollar bets on sports betting for years. Sports betting is illegal in Texas, so he had to cross state lines to place the bets. He used the money to promote his furniture stores. In October, he sold $73 million worth of mattresses. Earlier this year, McIngvale lost $9.5 million betting that Cincinnati Bengals would won Super Bowl.