Quote:
Originally Posted by classhandicapper
I haven't read how much of this was a hedge on a promotion and how much was pure gambling profit, but as far as I'm concerned he can't win enough.
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It was another hedge and iirc Mack doubled down on this particular promotion. Customers would get double the amount they paid for their furniture back if Houston won the WS.
Obviously Mack wasn’t the only one pulling really hard for the Astros! Imagine spending $10K on new furniture in January and 10 months later the store sends you a check for $20K!
Like you, I hope some of that $75 million was gambling profit for Mack.