Mattress Mack throws down another million on UH to win national title

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Mattress Mack throws down another million on UH to win national title
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Mattress Mack throws down another million on Houston Cougars to win basketball national title

Jim McIngvale, better known as"Mattress Mack," walks through the Beau Rivage Casino in Biloxi, Miss., to make a $500,000 bet on the winner of the NCAA men's basketball tournament on Tuesday, Nov. 15, 2022. McIngvale, who won $75 million after betting on the Houston Astros in the 2022 World Series, bet that the Houston Cougars would win.

The Gallery Furniture founder already had $1.5 million bet on the Cougars before he dropped another $1 million at 8-to-1 odds as the first bet placed at the, on Monday. In November, McIngvale made a $500,000 wager on the Cougars at 10-to-1 and then another million at 9-to-1. If UH wins the Final Four, which will be played at Houston's NRG Stadium, McIngvale will cash out with $22 million.

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