• Loading stock data...
Friday, March 20, 2026
    More
    Sports Betting

    Mattress Mack Riding Out $5.5M Bet in NCAA Title Game

    • Mack placed two bets before the Final Four for Kansas to win the title at +190.
    • He is notorious for hedging his furniture store promotions through sports bets.
    By
    Apr 04, 2022 | 03:35 pm
    UPDATED Apr 05, 2022 | 05:10 pm
    Jim McIngvale

    Famed sports bettor and furniture magnate Jim “Mattress Mack” McIngvale is at it again.

    Before the Final Four, Mack reportedly placed a total of $5.5 million in wagers — $3.3 million at Caesars Sportsbook and $2.2 million at Barstool Sportsbook — on Kansas to win the title at +190. The bets would net him $10.4 million if the Jayhawks win.

    Mack is notorious for using sports bets to hedge on promotions he runs in his Houston-area furniture stores.

    The current promo originally guaranteed free furniture for all customers who purchased $3000-worth or more if a Texas-based team won the title.

    After none made the Final Four, Mack changed it to the team that was closest to his store, Kansas.

    Mack made headlines in February by wagering $5 million on the Bengals to win the Super Bowl — the largest single legal sports bet of all-time.

    Linkedin
    Whatsapp
    Copy Link
    Link Copied
    Link Copied

    What to Read

    Mar 19, 2026; Portland, OR, USA; High Point Panthers guard Chase Johnston (99) reacts after defeating the Wisconsin Badgers in a first round game of the men's 2026 NCAA Tournament at Moda Center
    by

    March Madness Upsets Alive and Well Despite New ‘Free Agency’ Era
    Mid-major programs VCU and High Point pulled off major March Madness wins.
    Mar 17, 2026; Milwaukee, Wisconsin, USA; Milwaukee Bucks guard Gary Harris (11), left, Milwaukee Bucks forward Giannis Antetokounmpo (34) and Milwaukee Bucks forward Taurean Prince (12) watch the game against the Cleveland Cavaliers from the bench in the second half at Fiserv Forum. Mandatory Credit: Michael McLoone-Imagn Images
    by

    Bucks–Giannis Standoff Adds Fuel to NBA’s Tanking Crisis
    The Bucks reportedly want to shut Antetokounmpo down for the season.
    exclusive
    by

    Texas A&M Athlete Targeted in First NIL Investigations, Emails Show
    A Texas A&M spokesperson said in a statement the inquiry has been resolved.
    Mar 16, 2025; Inglewood, California, USA; LA Clippers guard Patty Mills (88) moves the ball against Charlotte Hornets forward Moussa Diabate (14) during the second half at Intuit Dome. Mandatory Credit: Jonathan Hui-Imagn Images
    by

    Patty Mills Is Rare NBA Player Turned GM Dancing In March
    Mills was named Hawai‘i’s GM last June.

    Featured Today
    by

    AI College Recruiting Reels Aren’t Fooling Scouts
    College coaches and recruiters are way ahead of cheating athletes.
    March 7, 2026

    Alex Eala Has Become One of the Biggest Draws in Tennis
    Eala will face Coco Gauff in the third round at Indian Wells.
    Jun 9, 2021; Paris, France; The racket of Coco Gauff (USA) after she smashed it during her match against Barbora Krejcikova (CZE) on day 11 of the French Open at Stade Roland Garros
    March 6, 2026

    The ‘Rage Room’ Is the Hottest Place in Tennis
    The idea came from a player podcast.
    March 5, 2026

    Mark DeRosa Is Still Baseball’s Swiss Army Knife
    DeRosa is the sport’s utility player both on the field and off.

    More in Sports Betting
    Oct 27, 2025; Los Angeles, California, USA; Major League Baseball commissioner Rob Manfred before game three of the 2025 MLB World Series between the Toronto Blue Jays and Los Angeles Dodgers at Dodger Stadium
    exclusive
    by

    MLB Makes Multiyear Prediction-Market Deal With Polymarket
    The league’s stance on prediction markets has rapidly evolved.
    Mar 14, 2026; Kansas City, MO, USA; Houston Cougars guard Milos Uzan (7) drives to the hoop past Arizona Wildcats guard Anthony Dell'orso (3) during the second half during the men's Big 12 Conference Tournament Championship at T-Mobile Center.
    March 17, 2026

    Prediction Markets Tap Into March Madness Despite NCAA Pushback
    The NCAA remains “deeply concerned” about event contracts on college sports.
    [Subscription Customers Only] Jun 18, 2025; Philadelphia, Pennsylvania, USA; Fan with a Morocco flag inside the stadium before a group stage match of the 2025 FIFA Club World Cup at Lincoln Financial Field.
    March 18, 2026

    Sportsbooks, Prediction Markets Split on AFCON Payouts
    CAF named Morocco as champions after the controversial Senegalese victory in January.
    Sponsored

    Paul Rabil: Why Owning a Team Is a 100x Bet
    Paul Rabil shares how he left an established league to build PLL.
    In this photo illustration, a mobile device displays the Kalshi logo while a laptop displays the webpage of the prediction market platform in Copenhagen, Denmark, on February 10, 2026. (Photo by Kristian Tuxen Ladegaard Berg/NurPhoto)
    March 13, 2026

    CFTC Takes First Step Toward Reining In Sports Prediction Markets
    The regulator is wary of sports event contracts susceptible to manipulation.
    Antonio Davis
    March 11, 2026

    Antonio Davis: NBA Betting Epidemic ‘Blows My Mind’
    The 13-year pro “can’t fathom” players who aren’t trying to win.
    April 23, 2024; Washington, D.C., USA; Exterior view of the U.S. Supreme Court as the court hears oral arguments on April 23, 2024, in a challenge by Starbucks to a judicial decision that required the coffee chain to rehire seven employees at one of its cafes in Memphis, Tennessee who a federal agency determined were fired for supporting unionization.
    March 10, 2026

    Why the Future of Sports Prediction Markets Hangs in the Balance
    Continued government support for the sports surge is not guaranteed.
    March 9, 2026

    MLS Wants Yellow Card Betting Outlawed As it Bans Two Players
    MLS said Derrick Jones and Yaw Yeboah bet on their own games.