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‘Mattress Mack loses $1 million betting on Texas in CFP

Same as the sports betting results for everyone's favorite furniture salesman, Mattress Mack, in the new year.

The new year started much like the previous year, when Jim “Mattress Mack” McIngvale ended up missing another big bet.

mattress mac Last week, he announced he was betting $1 million on the Texas Longhorns to win the national title..

“I drove to Louisiana on Friday night to bet on my cell phone,” McIngvale said. fox sports. “I have a huge passion for UT football.”

A $1 million bet at +270 odds at Caesars Sportsbook would have netted a $2.7 million profit if the Texas beat the Washington Huskies in the Sugar Bowl.

In total, Mr. McIngvale lost $10.2 million. About the College Football Playoff in his sports betting career. That includes $6.15 million for Alabama's win over Georgia a year ago and $3.1 million for TCU's win over Georgia in the national title game. .

But the Huskies hung on until the end, keeping Texas from the end zone in the final seconds and winning 37-31.

Texas held -190 odds (65.52 percent implied) on the money line and was expected to advance as they were a four-point favorite to win.

The Longhorns could not contain Washington quarterback Michael Penix Jr., who threw for 430 yards and two touchdowns, advancing the Huskies to the national title game against Michigan.


Mattress Mack also lost a bet on the Houston Cougars. Getty Images

After the Houston Astros won the World Series in 2022 and collected a record $75 million, “Mattress Mack” struggled mightily to get his winning bet in 2023.

In 2023, he lost $7.9 million on the Astros after the team lost at home to the Rangers in Game 7 of the ALCS, and he also lost several bets on the Houston Cougars to win the NCAA Tournament.

The top-seeded Cougars lost to Miami in the Sweet 16.


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Maybe he should have tailed another big-time gambler, Dave Portnoy, for his bets on the College Football Playoff.

Portnoy woke up $1 million richer Tuesday after his alma mater, the University of Michigan, defeated the University of Alabama in overtime just before the Texas-Washington opener.

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