'Mattress Mack' puts more money on the Astros

The Astros keep losing, but Jim “Mattress Mack” McIngvale keeps betting on them. (AP Photo/Matt Slocum)
The Astros keep losing, but Jim “Mattress Mack” McIngvale keeps betting on them. (AP Photo/Matt Slocum)

Yahoo is partnering with The Action Network during the football season to bring you expert sports betting information and analysis.

TETERBORO, N.J. — Jim McIngvale — aka “Mattress Mack,” the famed Houston furniture store owner who’s bet more than $10 million on the Houston Astros to win the World Series — flew to New Jersey on Friday morning to place another $1.05 million in bets on his hometown team.

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Mattress Mack landed at Teterboro Airport, walked out of his private plane and into a lobby where officials for Unibet and William Hill were waiting for him.

When McIngvale landed, more than $1 million had been wired to the sportsbooks. Unibet went first, as McIngvale bet $100,000 at +210 odds on the Astros to win the World Series. The bet would net $210,000 if they were to come back from being down 2-0. He also bet $150,000 at -152 odds on the Astros to win Game 3 on Friday night, which would net $99,000.

(The Action Network)
(The Action Network)

Next up was William Hill. When McIngvale opened the app, his account read $800,005. On two bets he drained it down to $5.

He bet $300,000 at +210 on the Astros to win the World Series (would net $630,000) and $500,000 at -140 on Game 3 (to net $357,142).

(The Action Network)
(The Action Network)

Here are the wagers Mack placed Friday:

Astros to win the World Series

  • $300,000 to win $630,000 (+210 odds, William Hill)

  • $100,000 to win $210,000 (+210 odds, Unibet)

  • Total: $400,000 to win $840,000

Astros to win Game 3

  • $500,000 to win $357,142.86 (-140 odds, William Hill)

  • $150,000 to win $99,000 (-152 odds, Unibet)

  • Total: $650,000 to win $456,142.86

And here are McIngvale’s bets that we’ve been able to confirm on the Astros to win the World Series over the past three weeks.

(The Action Network)
(The Action Network)

McIngvale is making these bets as a partial hedge on promotions he’s running at his Houston-based furniture stores, which will refund $20 million in purchases if the Astros win the title.

From the sportsbooks’ perspective, what goes into giving McIngvale more access to betting?

“It’s a long-term relationship,” said Jonathan Aiwazian, vice president of sportsbook for Unibet. “We hope he’s back tomorrow.”

“We’ve had a lot of cases with big bets,” said William Hill’s Nick Bogdanovich. “We’ve now done a lot of business with him.”

As for McIngvale, after an hour and a half of placing his bets and making sure they were processed correctly — large-money wagers make the process more complicated — he left for Washington D.C. to watch Game 3 in person.

“We’re feeling good,” he said.

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