Quote:
Originally Posted by metro
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.
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Speculation is (on local radio he says it’s too early to do the math) that he is going to profit 30 million.
Btw, he says 20% of those getting free furniture take a store credit for the future.
