19:10 3 November
‘Mattress Mack’ wagers on Astros wasn’t a nice decision
‘Mattress Mack’ wagers on Astros wasn’t Houston
Houston, United States Of America
The 2019 World Series has ended. After the series, there have been various vital questions over what was arguably the most famous sports betting news story in history. Furniture magnate from Houston Jim Mclngvale’s putting a hedge against a sales promotion that would have cost him in the range of $20 Millon was the talk of the town. This amount would have been payable had the Astros won the series.
In a series of future and per game bet starting from October 1, Jim risked near $13 million with a possible payoff that would have doubled this amount. The question arises that did the Jim famously known as Mattress Mack put a smart bet on Astros. Experts say that if you remove the free publicity of one month which he got, the stake he placed wasn’t a smart one because future bets don’t pay at correct odds. However, as Astros did not win the World series, it did not matter and meant publicity for the business magnate.