Sports wagering enthusiast as well as Houston-area furnishings magnate Jim “Cushion Mack” McIngvale is making another huge wager on a high-profile sporting event.
He made waves in the sporting activities wagering globe over the last couple of days as it was exposed that he wagered $3.46 million on the Super Dish. On Wednesday, he flew to Colorado, a state that lately legalized sports wagering, and positioned the seven-figure bank on the DraftKings mobile application.
McIngvale took the Tampa Bay Buccaneers with the spread. The NFC rep in the Super Dish is obtaining 3.5 points versus the defending champion Kansas City Chiefs.
He famously shed $13 million banking on the Houston Astros to win the 2019 Globe Collection. He made the wager as a hedge versus a promotion he was performing at his furnishings shop. Throughout the 2019 Major League Baseball period, McIngvale said that if the hometown team won the Globe Collection, he would provide consumers a full refund on any cushion purchase of $3,000 or even more.
He is running an almost the same promotion at his store this year, offering the very same reimbursement and rate factor if the Bucs beat the Chiefs this Sunday. Provided the spread, if the Chiefs win by less than 4 factors, he won’t have to reimburse his customers as well as likewise win $2.72 million from the Boston-based on the internet sportsbook.
While many of his high-profile bets are hedges against store promotions, McIngvale plainly likes to bet. In 2015, he lost $2 million betting against the Chiefs in the playoffs. He wagered $1 million on them to lose in both the AFC National championship and the Super Bowl.
“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,” said McIngvale in a statement on the DraftKings website. “The NFL has only seen eight instances of back-to-back champions and none in the past 16 years, so I like my chances going into Super Bowl LV for this trend to continue.”