Furniture store mogul Jim McIngvale, better known as “Mattress Mack,” made the largest mobile sports wager in U.S. history on the Cincinnati Bengals to win Super Bowl LVI, according to ESPN’s Adam Schefter. The billionaire placed a $4.53 million bet on the Bengals to defeat the New England Patriots.
To make the bet legally, McIngvale had to leave his home state of Texas for Louisiana, which just launched mobile sports betting on Jan. 28. He drove to a convenience store just across the border to make the wager on Caesars Sportsbook app, according to ESPN’s Adam Schefter.
“If you could see me there pecking on my phone for two hours, you’d see it wasn’t too glamorous,” he told ESPN in an interview. McIngvale is known for making outrageous sports bets to lessen the impact of his sports-themed sales promotions at his furniture store. The current promotion offers to refund any mattress or reclining living room furniture purchase if the Bengals win the Super Bowl.
The biggest sports betting event of the year is the Super Bowl, and this year, one man is putting down $4.5 million on the Indianapolis Colts to win—and he’s not alone. The man placing the $4.5 million bet is Matt McIngvale, CEO of local furniture retailer Gallery Furniture.
McIngvale is also placing bets for other customers that total an additional $7.7 million dollars on the Colts to win the game. Caesars Sportsbook told CNBC, “We’re not at all afraid to take in a $4.5 million bet on the Super Bowl, and we embrace accepting the biggest bets on the biggest events.”
The Super Bowl is the largest single sports betting event in the U.S., with over $99 million being wagered on last year’s game alone. The largest known bet on the game was a $7.9 million wager at -900 odds in 2002. McIngvale said he tried but failed to make a single $4.5 million bet, explaining, “I couldn’t get it all on one ticket because Caesars has a limit on how much you can put on each ticket—