Mattress Mack’s $1 million March Madness bet made in Louisiana stayed alive after the Houston Cougars advanced to the Sweet 16 with wins against Northern Kentucky and Auburn.
Jim McIngvale, the Houston furniture store magnate known as Mattress Mack, made his $1 million bet in cash on Dec. 12, 2022 at the renovated Horseshoe Casino in Lake Charles.
At the time, McIngvale got 8-to-1 odds for his wager, which means he’ll win $8 million if Houston goes all the way with four more wins.
“It’s a risky bet, but no guts, no glory,” McIngvale said in an interview with USA Today Network.
