Houston businessman Jim “Mattress Mack” McIngvale, founder of Gallery Furniture, posted these screenshots of $3.35 million worth of bets he placed over the summer that will win him $38.9 million (!!!) if the Astros win the World Series:
#LetsGo @Astros ⚾️ Do It #ForTheH – Win It All, Get It All 2021 by the Numbers – See Pictures 🤑 pic.twitter.com/m2hk7gC19z
— @MattressMack (@MattressMack) October 25, 2021
But the bets are actually a hedge for a promotion he runs every year where he’ll refund the purchase price of their mattress (>$3000) if the Astros win: From Forbes:
These bets are to hedge a promotion McIngvale runs at his Gallery Furniture stores, in which customers that bought a mattress worth $3,000 or more receive their money back if the Astros win the World Series, and he would have to shell out in the “mid 20-millions” should the promotion hit.
McIngvale is being offered cash payouts before the series but he’s decline all offers:
FanDuel offers @MattressMack a $5.5 million cash out. He says no https://t.co/dIaWLrrrKJ
— Darren Rovell (@darrenrovell) October 25, 2021
How awesome is that? If the Astros win, everyone wins!
https://twitter.com/MattressMack/status/1452805324746878976
We love this guy:
This entire thing is stunning. It's one of the greatest promotions of all time… and I'll bet this wasn't a marketing agency's idea. This was someone who follows his gut. AMAZING.
— Jeremy Padawer (@JeremyCom) October 25, 2021
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If you recall, we did some posts on him during Hurricane Harvey when he opened up his stores to refugees:
AWESOME: Houston business owner @MattressMack turned his furniture stores into shelters https://t.co/K4JYfFMzlh
— Twitchy Team (@TwitchyTeam) August 29, 2017
He also gave out free tickets for the “Rally Nuns”:
Giving the #RallyNuns 55 tickets to the @Astros #WorldSeries game – #ForTheH pic.twitter.com/rgJvT1neaO
— @MattressMack (@MattressMack) October 25, 2021
BRB. Putting some $ on Houston. They can’t lose with support like this, right?
ICYMI Jim McIngvale(@MattressMack):”The Rally Nuns will be out n full force at Minute Maid Park for the World Series.I love it.They’re great people.They’re fun.They’re committed to their religion,which everybody should admire&they love the Houston Astros.What’s better than that?” pic.twitter.com/Cbq60Zv1en
— Mark Berman (@MarkBermanFox26) October 24, 2021
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