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Old 10-24-2021, 02:28 PM   #18
Cholly
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Join Date: Dec 2008
Posts: 946
From ESPN.com website:

The Astros are in the World Series for the third time in five seasons and have some sportsbooks facing a significant liability. In late June, Houston furniture store owner Jim "Mattress Mack" McIngvale placed $3.35 million in bets on the Astros to win the World Series at around 10-1 odds.

McIngvale regularly uses the betting market to hedge promotions at his store. His largest reported bet on the Astros, $2 million at 10-1 at Caesars Sportsbook, would pay a net $20 million and be one of the largest payouts ever at a U.S. sportsbook.
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