Jim 'Mattress Mack' McIngvale Bets $1 Million on Houston Cougars to Win March Madness

The Houston furniture mogul's latest wager could net him $7.5 million if the Cougars clinch the NCAA title.

Jim 'Mattress Mack' McIngvale has placed a $1 million bet on the Houston Cougars to win the NCAA March Madness men's college basketball tournament.
If the Cougars win, McIngvale stands to gain $7.5 million, with Houston currently at +750 odds.
This is not McIngvale's first high-stakes bet; he previously lost millions on bets for the Cincinnati Bengals in Super Bowl LVI and the Astros in the World Series.
The bet is part of a promotional strategy for McIngvale's Gallery Furniture store, offering refunds on certain purchases if the Cougars win.
Despite their strong performance this season, the Cougars have never won a national title but have advanced to the Final Four six times.