Bed-ding big on the Astros

‘Mat­tress Mack’ wa­gers to cover pro­mo­tion

Edmonton Sun - - SPORTS -

For much of this base­ball sea­son, Gallery Fur­ni­ture stores in Hous­ton have been run­ning a pro­mo­tion promis­ing to re­fund mat­tress pur­chases of $3,000 or more if the Astros win the World Se­ries.

It’s a pretty gutsy move on the part of Gallery Fur­ni­ture owner Jim (Mat­tress Mack) Mc­ing­vale: Hous­ton won a fran­chise-record 107 games dur­ing the reg­u­lar sea­son, the most in all of base­ball, and fea­ture an ab­so­lutely loaded ros­ter.

Should the Astros win the World Se­ries, Mc­ing­vale will be on the hook for more than $15 mil­lion worth of re­funds, he told the Ac­tion Net­work’s Dar­ren Rovell.

To help mit­i­gate that po­ten­tial hit, Mc­ing­vale went about try­ing to find a sports­book that would take a large wa­ger on the Astros to win the World Se­ries, and on Mon­day he found one: The Draftk­ings sports­book at Scar­let Pearl casino in Biloxi, Miss., which took his $3.5 mil­lion bet on the Astros to win it all at +220 odds. If Hous­ton takes home the World Se­ries ti­tle for the sec­ond time in three sea­sons, Mc­ing­vale would win $7.7 mil­lion.

Mc­ing­vale flew to Mis­sis­sippi on Tues­day to pose with his ticket and a brief­case full of cash (he ac­tu­ally wired the $3.5 mil­lion on Mon­day):

Scar­let Pearl CEO Luann Pap­pas told the Hous­ton Chronicle that Mc­ing­vale’s wa­ger was the largest placed in Mis­sis­sippi since the state be­gan tak­ing sports bets last year. Ac­cord­ing to ESPN’S David Pur­dum, the $3.5 mil­lion is nearly equal to how much was bet on base­ball at Mis­sis­sippi sports­books in the months of June, July and Au­gust com­bined.

Mc­ing­vale ran a sim­i­lar pro­mo­tion in 2017 and re­funded more than $10 mil­lion in mat­tress pur­chases when the Astros de­feated the Dodgers in the World Se­ries. He was able to hedge some of it with in­sur­ance but also placed around $1 mil­lion in bets on the Astros to win the World Se­ries in Las Ve­gas. This year, how­ever, lin­ing up the in­sur­ance proved to be more dif­fi­cult be­cause of how good Hous­ton has played and be­cause of Trop­i­cal Storm Imelda.

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