Mattress Mack out $5,000,000 after losing historic Super Bowl bet
HOUSTON, Texas – The Houston Cougars are one of the most popular picks to win the NCAA men’s basketball tournament. They’re the top seed in the South Region, and Mattress Mack has bought in—again!
Back in February, Jim “Mattress Mack” McIngvale, the owner of the Houston-based Gallery Furniture franchise, wagered $1 million on the Cougars to win the tournament championship at +750 odds, meaning he will take home $7.5 million if Houston wins.
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Today, he placed an additional $1 million down at the same odds. So now, he has a total of $2 million on the line with a potential $15 million payout if the Coogs hang their first banner in program history. His first wager was with Caesar’s Sportsbook, and his second was with DraftKings Sportsbook.
Michael is a Kingwood native who loves visiting local restaurants and overreacting to Houston sports. He earned his BA from Texas A&M University in 2022 and his MA from the University of Wisconsin-Madison in 2023. Michael is a credentialed media member for the Houston Rockets.