HOUSTON (NewsNation Now) — Jim “Mattress Mack” McIngvale has long been a legend in the Houston business community. Now, he's making an even bigger mark after placing $9.5 million in bets on the Cincinnati Bengals to win the Super Bowl. His initial bet was for $4.5 million.
Mattress Mack Mack added more futures bets on the Astros at 5/1 odds starting in July. He bet $2 million with BetMGM; $2 million with Barstool Sports, and $1 million each with Wynn, Unibet and Betfred. In total, Mattress Mack had $10 million on the line to win $75 million.
The $30 million payout is reportedly the largest for a single sports bet in legalized wagering history. “What can we say? We just wrote the biggest check in sports betting history to Mattress Mack for $30,000,000,” Caesars Digital COO Ken Fuchs said in a statement. “Would we do it all again?
$5 million Mattress Mack places biggest legal sports bet in history on Bengals Super Bowl win. CINCINNATI (WXIX) - Texas business mogul Jim McIngvale, “Mattress Mack,” placed the biggest legal sports wager of all-time at $5 million on the Cincinnati Bengals moneyline (+170), according to Caesars Sportsbook.
What do +600 odds mean: These are Moneyline odds for a heavy underdog that payout $600 on a winning $100 wager. What does +1200 mean in betting: This is another example of Moneyline odds for a massive underdog. A $100 bet on a team at +1200 means a payout of $1,200 if successful.
Jim “Mattress Mack” McIngvale Jim “Mattress Mack” McIngvale has a lot invested in today's NFL Divisional Round playoff game between the Cincinnati Bengals and Tennesee Titans. McIngvale placed a $1.1 million bet on the Bengals winning against the 3 1/2 point spread against Tennessee at Caesar's, according to The Action Network on Twitter.
Houston's Mattress Mack wagered $5 million on the Bengals to win their first Super Bowl in team history at the Caesars Sportsbook. The bet, which would return $8.5 million at +170 odds, is the largest bet ever placed on the Super Bowl at a regulated sportsbook in the United States.
Here are 15 of the greatest underdog stories in the history of sports:
Mattress Mack Mack added more futures bets on the Astros at 5/1 odds starting in July. He bet $2 million with BetMGM; $2 million with Barstool Sports, and $1 million each with Wynn, Unibet and Betfred. In total, Mattress Mack had $10 million on the line to win $75 million.
Drake On Saturday night, Drake posted a screenshot to his Instagram story of his bet on the Kansas City Chiefs winning against the Cincinnati Bengals, much to the chagrin of many Chiefs fans. Wagering $1.1 million on the Chiefs, he wrote: “Big Sunday let's buy mama something nice.”
If you place a $2 exacta key bet, then you will pick one horse to win in each race, and all the others must place. This will cost you $12. If you decide to go with two horses over four horses in an exacta key bet, then you'll still have to pay $12, with an increment of $2 thereafter.
1. MGM GRAND, LAS VEGAS: $20- $40 MILLION. One night, famous Australian billionaire Kerry Packer decided to try his hand at some blackjack and baccarat just for fun, and to find out what these games were like. Well, as the story goes, he won between $20 and $40 million.
Six tips for becoming a sharper sports bettor
Promoted Stories
What do +600 odds mean: These are Moneyline odds for a heavy underdog that payout $600 on a winning $100 wager. What does +1200 mean in betting: This is another example of Moneyline odds for a massive underdog. A $100 bet on a team at +1200 means a payout of $1,200 if successful.
Watanabe indulged in a year-long gambling binge in Las Vegas in 2007, mostly at Caesar's Palace. He placed a stunning $835 million in bets and lost $127 million of it. According to reports, Watanabe's excruciating losing streak is the longest Las Vegas has ever witnessed and he was seen drunk during his sessions.
Soulja Boy was the real winner at the Super Bowl on Sunday after scooping $200,000 on a bet. The hip-hop star tried his luck by backing the Baltimore Ravens to triumph against the San Francisco 49ers at the country's biggest sporting event, and came out $200,000 richer when the Ravens beat their rivals 34-31.
The biggest casino gamble wins of all time
$6 This traditional bet basically combines the win bet, place bet and show bet on a single ticket. You will essentially have three different bets rolled into one selection. You also need to keep in mind that when you make a $2 across-the-board bet that you will need to pay a total of $6 to cover your ticket.
How do you win at sports betting?
What are the easiest bets to win?
Anargyros Nicholas Karabourniotis (Greek: Ανάργυρος Καραβουρνιώτης, born November 1, 1950), commonly known as Archie Karas, is a Greek-American gambler, high roller, poker player, and pool shark famous for the largest and longest documented winning streak in casino gambling history, simply known as The Run, when he ...
The Top 5 Biggest Casino Wins of All Time
The musician placed a series of bets using Bitcoin worth C$1.6 million ($1.3 million) in total on Thursday, including C$600,000 to back the Los Angeles Rams triumphing over the Cincinnati Bengals. He also wagered C$500,000 each on Rams wide receiver Odell Beckham Jr.
Superfecta Box Costs:
$1 Superfecta Box with four horses | $24 (24 possible combinations) |
---|---|
$1 Superfecta Box with five horses | $120 (120 possible combinations) |
$1 Superfecta Box with six horses | $360 (360 possible combinations) |
$1 Superfecta Box with seven horses | $840 (840 possible combinations) |
Key Takeaways. Gambling is not a good alternative for earning extra cash. Each game you play at a casino has a statistical probability against you winning. Slot machine odds are some of the worst, ranging from a one-in-5,000 to one-in-about-34-million chance of winning the top prize when using the maximum coin play.
02% is quite high. Thus, due to the lottery is an independent experiment and you have . 02% the probability of not winning is 99.98%. So if you entered the lottery 10,000 times you will have a probability of not winning (98/100)^(10,000) = 13.5% so your probability of winning is almost 86%.
Biggest Gambling Countries In The World
What do +600 odds mean: These are Moneyline odds for a heavy underdog that payout $600 on a winning $100 wager. What does +1200 mean in betting: This is another example of Moneyline odds for a massive underdog. A $100 bet on a team at +1200 means a payout of $1,200 if successful.
$30 million The $30 million payout is reportedly the largest for a single sports bet in legalized wagering history. “What can we say? We just wrote the biggest check in sports betting history to Mattress Mack for $30,000,000,” Caesars Digital COO Ken Fuchs said in a statement.
William Lee Bergstrom (1951 – February 4, 1985) commonly known as The Suitcase Man or Phantom Gambler, was a gambler and high roller known for placing the largest bet in casino gambling history at the time amounting to $777,000 ($2.56 million present day amount) at the Horseshoe Casino, which he won.
Jim McIngvale End of dialog window. A Texas furniture tycoon known for his generosity and love of gambling set a record for the largest mobile sports bet made in history, according to media reports. Jim McIngvale, better known as the business magnate “Mattress Mack,” bet $4.53 million on the Cincinnati Bengals to win the Super Bowl.