Mattress Mack Places $3.46 Million Bet as Marketing Tool
Houston native, Jim 'Mattress Mack' Mcingvale has become known for his generosity in the Houston community during times of need He is also known for placing huge bets during huge sports events and he's done it again! As reported by ESPN has placed a $3.46 million bet on the underdog Tampa Bay Buccaneers. This is the largest Super Bowl Bet for the Bucs this year.
Mattress Mack is known in the Houston area for using bets as a marketing tool which means there is a second part to his huge bet. This year, customers at McIngvale's store who spend $3,000 or more on a new mattress will get their money back if the Buccaneers beat the Kansas City Chiefs on Sunday. So if Mack wins, you win!
Back in 2019, Mack bet about $13 million on the Astros to beat the Nationals in the World Series as a way to hedge against his in-store promotion. The Nationals beat the Astros in seven games.
Mattress Mack not only has a huge pocket for betting and he also has a huge heart for helping others. He offered the use his company’s moving trucks to rescue people trapped in their homes or stranded on the highway and helped rescue about 200 people. During Hurricane Katrina in 2005, McIngvale opened two of his stores to 200 people who had fled New Orleans seeking shelter.
Mattress Mack is well-known for giving back year-round. Along with donating to multiple charities throughout the year. He hosts an annual Christmas giveaway and does so many other things in the Houston community.
Mattress Mack has a big pocketbook and a big heart to match and this is why we love Mattress Mack!