Jim “Mattress Mack' McIngvale lost big on the Houston Cougars. Patrick Everson spoke to the big bettor to discuss his wager and how the loss of Jamal Shead impacted the game.
Coaches can’t game-plan for injuries. Nor can sports bettors. Jim 'Mattress Mack' McIngvale found that out Friday night, to the tune of $2 million in lost bets in the March Madness championship odds market. Jamal Shead, the standout guard for No. 1 seed Houston, suffered an ankle injury late in the first half against Duke, and he didn’t return. 'It’s kind of like losing your MVP quarterback and best defensive player at the same time,' McIngvale said.
5 million. As an aside, Houston was a large liability for Caesars Sports, as that bet would've paid out $7.5 million. Then, ahead of the NCAA Tournament’s first round, McIngvale put down another million-dollar play, again at +750, this time with DraftKings. So he stood to profit $15 million if Houston went all the way. The Cougars got through their first two games, including a nail-biting 100-95 overtime win against Texas A&M in the second round.
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