Why Mattress Mack won't place a bet on the 2024 Super Bowl
Jim "Mattress Mack" McIngvale is known for his massive wagers on sports games, but he says he won't be betting on the 2024 Super Bowl.
McIngvale told the Las Vegas Review-Journal that ahead of the AFC championship game, he planned to "bet big" on the Kansas City Chiefs to win the Super Bowl before talking himself out of the bet. Now that the Chiefs are in the big game, Mattress Mack doesn't think the stakes are high enough to be worth his investment.
“The point spread’s too short for me,” McIngvale told the Review-Journal. “I’m gonna sit this one out because I can’t lay 100 to win 100.”
The Chiefs are currently two-point underdogs to the San Francisco 49ers in Super Bowl 58, according to BetMGM. Their moneyline sits at +110 as of Thursday.
Gambling on the Super Bowl: Gambling addicts face tough test as Super Bowl 58 descends on Las Vegas and NFL cashes in
Mattress Mack's recent bets
McIngvale lost $500,000 earlier in these playoffs by betting on his hometown Houston Texans to beat the Baltimore Ravens in the divisional round.
Two years ago, he lost $9.5 million betting on the Bengals to win the Super Bowl before winning a record $72.6 million in bets on the Houston Astros to win the World Series.
McIngvale previously had a history of betting against the Chiefs, losing $3 million across three bets on their playoff opponents during their Super Bowl-winning run (over the 49ers) in 2020. This year, even though he won't be betting, he thinks Kansas City will beat San Francisco once again.
Kyle Juszczyk: Why aren't more teams trying to clone 49ers star fullback? He explains why they can't
Mattress Mack net worth
Various sources estimate McIngvale's net worth to be around $300-310 million.
We occasionally recommend interesting products and services. If you make a purchase by clicking one of the links, we may earn an affiliate fee. USA TODAY Network newsrooms operate independently, and this doesn’t influence our coverage.
Gannett may earn revenue from sports betting operators for audience referrals to betting services. Sports betting operators have no influence over nor are any such revenues in any way dependent on or linked to the newsrooms or news coverage. Terms apply, see operator site for Terms and Conditions. If you or someone you know has a gambling problem, help is available. Call the National Council on Problem Gambling 24/7 at 1-800-GAMBLER (NJ, OH), 1-800-522-4700 (CO), 1-800-BETS-OFF (IA), 1-800-9-WITH-IT (IN). Must be 21 or older to gamble. Sports betting and gambling are not legal in all locations. Be sure to comply with laws applicable where you reside.
This article originally appeared on USA TODAY: Mattress Mack Super Bowl bet: McIngvale will miss out on Vegas betting
