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Wednesday, October 30, 2019

New Jersey sports books could lose millions to high roller ‘Mattress Mack’ if Astros win World Serie

The Houston Astros are one game away from winning the World Series, something that would be costly for New Jersey sports books — largely due to one bettor who doesn’t even live here but has wagered around $4 million on the Astros winning it all.

Jim “Mattress Mack” McIngvale has been making headlines back in his home state of Texas for the large bets he has been placing on the Astros to win it all. The furniture mogul who owns three Gallery Furniture stores in Houston is offering a promotion to his customers where he would give full refunds up to $3,000 if the Astros win.

“I believe in the Astros,’’ McIngvale told the Asbury Park Press. “I’ve watched them play all year.”

The bets are in part a hedge against the cost of the promotion, said Darren Rovell, a sports business analyst and betting expert who works for Action Network.

Somewhere, Sport Sullivan is kicking himself….

 

QLE Posted: October 30, 2019 at 12:23 AM | 28 comment(s)
  Beats: astros, gambling, new jersey, world series

 

 

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