Jim McIngvale, also known as “Mattress Mack,” recently made an unexpected announcement, leaving many wondering why he is not placing bets on Super Bowl LVIII this Sunday. Mattress Mack is a well-known name in the world of sports betting, particularly for his history of placing large wagers on sports like the NFL and MLB. However, he has chosen not to get involved in this weekend’s big game.
Despite previously stating that he would back the Kansas City Chiefs earlier in the season, Mattress Mack will not be making a pick for this year’s Super Bowl. The Chiefs, who are seeking back-to-back wins in the championship game, will face off against the San Francisco 49ers on Sunday. Interestingly, the 49ers are slightly favored over the Chiefs, according to the best Super Bowl betting apps.
In a recent interview, Mack explained his reasons for abstaining from betting on the game: “The point spread is not favorable enough for me,” he said. “I will sit this one out because I am not willing to risk $100 to win $100.” This marks the second consecutive year that Mack has chosen not to bet on the final game of the NFL season.
Unfortunately, Mack has not had much luck with his football wagers in recent times. He lost a significant sum of $500,000 in the playoffs after backing his hometown Houston Texans to defeat the Baltimore Ravens in the divisional round, only to see them lose 34-10. Additionally, two years ago, he placed a staggering $9.5 million bet on the Cincinnati Bengals to win Super Bowl LVI, but they fell short in a close 23-20 defeat against the Los Angeles Rams.
However, Mack has had better success with his baseball bets. In 2022, he won a world record-breaking $75 million by placing a wager on the Houston Astros to win the World Series. Despite the ups and downs in his sports betting endeavors, Mack remains an iconic figure in the industry. Now that you know why Mattress Mack is not betting on the Super Bowl, stay tuned for more news here on SportsLens.
According to the Source sportslens.com