A Houston, Texas furniture store owner, Jim “Mattress Mack” McIngvale, is well known for placing extremely large sports bets, and at the moment he has wagered the biggest bet on Super Bowl LV. According to sources McIngvale placed a $3.46 million bet on the underdog Tampa Bay Buccaneers covering a + 3.5 point spread on the big game this Sunday, February 7th, 2021 at 6:30 pm ET. Super Bowl LV will be played at the Tampa Bay Buccaneers home stadium in Raymond James Stadium located in Tampa, Florida.
Upon flying into Colorado Springs, Colorado on Wednesday, February 3rd, 2021 “Mattress Mack” logged in to his Draft Kings mobile betting app while in the airport in order to place this monumental bet. His wager is one of the largest ever on a Super Bowl. McIngvale paid a little extra in juice at – 127 in order to push the point spread on the Tampa Bay Buccaneers to + 3.5 points. If the Bucs can cover the + 3.5 point spread in Super Bowl LV Jim will win $2.72 million!
Jim “Mattress Mack” McIngvale’s Other Memorable Sports Bets
McIngvale has been known to utilize the sports betting market in order to alleviate risk on major money making sales promotions he has running at his furniture store. For example, this year Jim initiated a sales promotion in which customers that spend $3,000 or in excess of that on a new mattress will get their money refunded if the Tampa Bay Buccaneers defeat the heavily favored Kansas City Chiefs in Super Bowl LV.
Back in 2019 McIngvale placed over $11 million in bets on the World Series that was played between the Washington Nationals and his beloved Houston Astros. Some of the $11 million plus that he had in play on the 2019 World Series could be attributed to a $3.5 million futures wager on the Houston Astros that he made in Biloxi, Mississippi also with his Draft Kings sports betting account. The Houston Astros ended up losing the World Series to the Washington Nationals in seven entertaining games.
Current Betting Activity on Super Bowl LV
ESPN’s David Purdum said, “The two largest reported bets on the Super Bowl so far have both been on the Bucs. In addition to McIngvale’s $3.46 million wager, a bettor with BetMGM in Nevada placed a $2.3 million wager on Tampa Bay last week. Despite the two multimillion-dollar bets on the Bucs in this year’s Super Bowl, the bulk of the action has been on the favored Chiefs. As of Wednesday at William Hill U.S. sportsbooks, 82% of the money that had been bet on the Super Bowl point spread was on Kansas City.”
“Tampa Bay is loaded with talent on both sides of the ball and led by the greatest football player of all time in Tom Brady, so I’m betting big on the Bucs who have overcome tough matchups throughout this postseason,” Jim “Mattress Mack” McIngvale stated in a press release via DraftKings.
“Mack has been a great customer and is someone we have history with after taking his sizeable wager on the World Series a couple seasons ago,” the DraftKings’ sportsbook director Johnny Avello explained in a press release.