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Furniture Store Owner Places $3.5 Million World Series Bet on Astros

Video Credit: Wibbitz Top Stories - Duration: 01:29s - Published < > Embed
Furniture Store Owner Places $3.5 Million World Series Bet on Astros

Furniture Store Owner Places $3.5 Million World Series Bet on Astros

Furniture Store Owner Places $3.5 Million World Series Bet on Astros .

Jim "Mattress Mack" McIngvale, owner of Gallery Furniture in Houston, .

Placed the bet at the DraftKings sportsbook at Scarlet Pearl casino in Biloxi, Mississippi.

.

I think it's the biggest [bet] that's ever happened in Mississippi.

, Matt Kalish, DraftKings co-founder, via statement.

The bet would pay out $7.7 million if the Houston Astros win the World Series.

.

I'm just amazed how much DraftKings and Scarlet Pearl took, and they didn't blink an eye.

That's pretty rare in the sports betting business in the United States.

, Jim McIngvale, via statement.

The $3.5 million is almost equivalent to the total bet at Mississippi sportsbooks in June, July and August combined.

.

McIngvale placed a $200,000 World Series bet on the Astros in Las Vegas as well.

.

McIngvale has been in touch with several sportsbooks in New Jersey about making another large bet.

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