Hurricane Hero Loses $10 Million Bet When Houston Astros Won The World Series
Has anyone ever been so happy to lose a bet?
You might remember the awesome Jim McIngvale.
He’s known around Houston as, “Mattress Mack,” for the commercials he does for his furniture stores.
After Hurricane Harvey, he opened those stores as shelters for folks who needed a place to stay.
Now, Mattress Mack has done it again.
The Houston Chronicle reports he made a bet with customers on The World Series.
McIngvale promised to refund customers of Gallery Furniture who spent $3,000 on mattresses if the Houston Astros won the World Series.
By now you know the Astros beat the Los Angeles Dodgers in seven games.
Those refunds are now going to cost McIngvale $10 million!
Here’s the thing–he couldn’t be happier.
He told Chron.com, “It’s the best thing we could ever possibly do. The Astros inspired the city. We’re thrilled to give this money back to excited customers. We bleed orange out here.”
The business will have some help absorbing the cost.
ESPN reports he reportedly took out an insurance premium between 10 and 20 percent of the total value of what he had to pay out to his customers and placed some bets on the Astros in Las Vegas that earned him at least $1 million.
It’s just more of Mattress Mack’s generosity.
He also flew out 98 Astros fans to Los Angeles for Game 6 of the World Series. 40 received free tickets to the game from McIngvale. The others already had their own tickets.
Losing and winning never felt so good.
Good for you, Mattress Mack!
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