Mattress Mack vows to keep going after $9.5 million Super Bowl loss

Jim “Mattress Mack” McIngvale lost $9.5 million betting on the Cincinnati Bengals to win the Super Bowl but got up Monday morning, put on his “big boy britches” and was back to work selling furniture.

McIngvale, a beloved icon in Houston where he owns Gallery Furniture, has garnered national attention by placing big sports bets and attempting to mitigate his losses with promotional giveaways at his store.

He lost his bets when the Bengals lost a late lead and fell to the Los Angeles Rams 23-20 Sunday night in Super Bowl LVI. The Bengals covered the 4-point spread but McIngvale bet on the moneyline, meaning he needed a Bengals win. At the same time, he ran a promotion that offered customers who spent at least $3,000 on mattresses and furniture at his store their money back if the Bengals won.

The loss, on top of losses on Alabama in the national title game and future bets on the New England Patriots and Tennessee Titans, has resulted in $18 million in betting losses since the calendar turned to 2022.

Mattress Mack 2022 notable wagers

• Lost $9.5 million on Cincinnati in Super Bowl

• Lost $2 million on New England to win Super Bowl at 20-1 odds

• Lost $700,000 on Titans to win Super Bowl (+850 future)

• Lost $6.15 million on Alabama to win College Football Playoff at around +130 odds

McIngvale drove across the border to Louisiana early Friday morning, pulled over at a rest stop and placed the $5 million bet on Caesars Sportsbook’s mobile app at +170 odds. Last week, McIngvale placed a $4.5 million money-line bet on the Bengals with Caesars Sportsbook in Louisiana for a total of $9.5 million on the underdog team from Cincinnati. Caesars Sportsbook said the $5 million Bengals bet was the largest single wager the company has ever taken, eclipsing a $4.9…