Jim McIngvale “Mattress Mack” McIngvale sold so many pieces of furniture in a single week, that he could afford to make another Super Bowl bet, this time for $5 million.You can beat the .
McIngvale, owner of Gallery Furniture in Houston (Texas), drove to Louisiana on Friday morning. He pulled over at a stoplight and placed the $5m bet at Caesars Sportsbook's mobile application at +170 odds. McIngvale will be running a promotion in his store offering a refund for any $3,000 or more purchases if the Bengals win Super Bowl LVI. McIngvale is using his huge bets as a way to reduce the risk of the giveaway.
McIngvale was last weekCaesars Sportsbook Louisiana
McIngvale, who celebrated his 71st birthday on Friday with ESPN, said, “Well, I sold through my profit on the initial investment.” “So I had the need to make another.”
McIngvale is now willing to wager $9.5 million in order to be in the running for $16.2 million if his team wins the Super Bowl. Cincinnati is the consensus underdog by four points to the Rams.
McIngvale said, “I believe it's more a tossup.” “It could be down to a last field goal, similar to many of these exciting playoff games.”
Caesars Sportsbook claims the $5 million Bengals wager is the biggest single wager it has made. It surpasses a $4.9 Million bet on the St. Louis Rams to win the game.in Super Bowl XXXVI.
“Caesar, at least for the time,” Ken Fuchs of Caesars Sportsbook stated in a press release.
Super Bowl wagers are starting to appear on other sites with seven-figure odds. DraftKings reported that it placed a $1,000,000 two-leg parlay at the Bengals moneyline +170, and below 48.5. The parlay was placed at Casino Queen in Illinois and has a potential net winning of $4.15million.