‘Mattress Mack’ doubles down, bets $1.5M more on Alabama-Georgia

2 years ago 554

Mattress Mack is backmost with different monolithic stake connected Alabama.

Houston furnishings store proprietor Jim McIngvale, aka “Mattress Mack,” placed a $1.5 cardinal wager Sunday connected the Crimson Tide connected the wealth enactment (+115) to bushed Georgia successful the College Football Playoff nationalist rubric crippled Monday successful Indianapolis.

Mack, who made the wager connected the Caesars Sportsbook mobile app, antecedently placed a $1.2 cardinal wealth enactment stake astatine Caesars connected Alabama (+125).

He has a full of $2.7 cardinal riding to triumph $3.2 cardinal connected the Tide.

McIngvale’s multimillion-dollar wagers are hedge bets to offset imaginable losses connected a promotion astatine his Gallery Furniture stores that connection refunds connected purchases of $3,000 oregon much if Alabama wins.

In October, to hedge a akin promotion, Mack mislaid $4 cardinal successful wagers connected the Houston Astros to triumph the World Series that would person paid $36.6 cardinal had they won. They mislaid to the Atlanta Braves successful six games.

No. 3 effect Georgia is simply a statement 2½-point favourite implicit No. 1 Alabama successful the rubric crippled aft the enactment had climbed to 3. The Tide upset the Bulldogs 41-24 successful the Southeastern Conference title Dec. 4 arsenic 6½-point underdogs.

“We’ll spot however Nick Saban and Alabama bash arsenic existent underdogs,” Caesars Sportsbook caput of sports Ken Fuchs said connected Twitter. “Clearly a batch of bettors are siding with the Crimson Tide.”

Caesars besides antecedently took a $300,000 wager connected Alabama from a bettor successful Louisiana.

Caesars VP of trading Craig Mucklow said the magnitude of wealth wagered connected the crippled “eclipses the grip connected each shot games this year.”

Mack, 70, antecedently wagered a full of $2 cardinal to triumph $46 cardinal astatine 2 sportsbooks connected the New England Patriots to triumph the Super Bowl.

Contact newsman Todd Dewey astatine tdewey@reviewjournal.com. Follow @tdewey33 connected Twitter.

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