Tuesday, November 1, 2022

"If Astros win World Series, gambler will earn record payout"

From the Associated Press, November 1:

A prolific Texas gambler with a knack for attention-getting bets stands to win nearly $75 million if the Houston Astros win the World Series, including what sportsbooks say would be the largest payout on a single legal sports bet in U.S. history.

Jim “Mattress Mack” McIngvale of Houston has wagered a total of $10 million with numerous sportsbooks on an Astros victory.

His bets include a $3 million wager made back in May with Caesars Sportsbook at 10-to-1 odds. It would pay him $30 million, which Brad Harwood, a spokesperson for the sportsbook, said would be the largest payout on a single legal sports bet in U.S. history.

“I have no fear in me,” McIngvale said Tuesday, while giving away mattresses in Atlantic City to military personnel, veterans and first responders at Harrah’s casino. “I have a high tolerance for risk. If I lose, there’s always another day.”....

....MUCH MORE