HOUSTON (KIAH) — March Madness is here, and that means it’s time to ask, “How much money does Jim ‘Mattress Mack’ McIngvale have in the NCAA tournament this year?”
Well, he’s got about $3.5 million riding his hometown team, the University of Houston Cougars, to win the national championship in front of a very supportive home crowd at NRG Stadium.
Thursday night, top seed Houston shook off Northern Kentucky for a 63-52 win to open the NCAA Tournament. All-American Marcus Sasser assisted off the bench after re-aggravating a groin injury sustained during the American Athletic Conference Tournament.
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As usual, McIngvale promised to share his winnings with his customers at his furniture stores in Houston. All customers need to do is purchase $3,000 (or more) in merchandise from his store by a certain date, and they can get it for free if the Cougars make the NCAA tournament and win the national championship game on Monday, April 3.
Personally, Mattress Mack can win up to $35 million if Houston wins the national title. She placed her $1 million bets on three sports bets, including one at Caesars Sportsbook at Horseshoe Casino in Lake Charles, Louisiana.
McIngvale also wagered $500,000 on BetMGM and Barstool Sportsbook.
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Since McIngvale set her career high of $75 million when the Houston Astros won the World Series last year, Mattress Mack has suffered betting losses of approximately $7 million, losing bets on the Dallas Cowboys in the NFL playoffs and over the TCU Horned Frogs in the NFL playoffs. College football playoff national championship game.
But Mattress Mack has had NCAA tournament success in the past, winning last year with Kansas over North Carolina.