He has a couple bets costing him $5.5 million. They say is do or die for him as he lost all his bets this year on championship games.
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He had another huge furniture promotion. He's not hurting for money Pavy.Comment -
He will make up all of his losses from this year with a win tonight. It's his ego on the line. Not his money.Originally posted by Mac4LyfeComment -
Carolina coach is too emotional. Self will close this out.Comment -
He is going to go there with a wheelbarrow to collect. How much does $10 million in $100 dollar bills weigh?Comment -
What a legendComment -
Good to see Mac hit one. He was definitely due.
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Love Mac!Comment -
all american ..Originally posted by ridgeway
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Yes he was dueComment -
LolComment -
22 lbs in $100 bills or 110 pounds in $20 bills.Originally posted by pavyracer
Will be a good promotion if they show him going to the book with suitcases to collect the money.Comment -
What's not to love?Originally posted by ridgewayComment -
Congrats to Mack!Comment -
He got lucky, he was ice cold for a while.Comment -
All a gimmickComment -
Of course it is. All free advertising for his furniture storesOriginally posted by jjgoldComment -
Gamblers love stories
They believe anythingComment -
Originally posted by jjgold
‘Mattress Mack’ doubles down, wins $12.2M on Kansas
Mattress Mack finally won big.
All it took was the biggest comeback in NCAA championship game history.
Houston furniture store owner Jim “Mattress Mack” McIngvale won $12.2 million Monday night on Kansas to win the national title.
The Jayhawks stormed back from a 15-point halftime deficit to beat North Carolina 72-69.
Before the Final Four, Mack wagered $5.5 million to win $10.5 million on Kansas at +190 ($3.3 million at Caesars Sportsbook and $2.25 million at Barstool Sportsbook).
“A setback is just a setup for a comeback,” said Mack, 71. “Give credit to coach (Bill) Self and Kansas. They made a serious comeback.”
The wagers were the latest in a series of hedge bets by Mack to reduce risk on promotions at his Gallery Furniture stores.
His latest promotion guaranteed customers who bought $3,000 or more of furniture their money back if a Texas team won it all. But the promo included an added wrinkle that if a Texas team didn’t make the Final Four, customers would get the team located closest to Mack’s store in Houston. That was Kansas.
Mack estimates he’ll have to refund $13 million to $15 million in sales from the promotion.
“I’m happy for the customers,” he said. “I’m sure they were despondent at halftime. But now they’re thrilled. I can’t wait to have a refund party.”Comment -
The classic promoter.Comment -
Can you imagine?? He only ran that promotion for 2 to 3 weeks and...
Mack estimates he’ll have to refund $13 million to $15 million in sales from the promotion.
Damn, he sells a lot of furniture.Comment -
Kansas lucky as fkkk to win w all the mushes on themComment -
I think this is what drives the sales. People go to the store and buy living room and dining room and bedroom furniture and the wife says but if Kansas wins we will get this for free! So basically people are gambling but not at a sportsbook but are gambling while bying his furniture.Originally posted by Mac4Lyfe
It's a brilliant promotion!
And if you are a savvy shopper you can always hedge some of your purchase buy betting some on North Carolina ML or take the +4.5 and make a profit!
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