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Should I make a Mattress Mack bet?

Discussion in 'Houston Astros' started by Rocket River, Feb 27, 2019.

  1. Rocket River

    Rocket River Member

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    Make a bet that the Astros will win it all . . . .. .what are our chances
    How good are the Astros
    Looks like it is 7 to 1

    Rocket River
     
  2. The Beard

    The Beard Contributing Member

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    I bought 8K worth last year and obviously didn’t win

    My advice is do what I did, if you need it and would buy it anyway, buy from Mac. If you don’t really need it, there are better ways to bet on the Astros
     
  3. The Real Shady

    The Real Shady Contributing Member

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    Is it just me or is 3k for a mattress outrageous?
     
  4. marks0223

    marks0223 Astros 2017 Champions
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    I believe he's kept the offer open through the American League Championship Series the past 2 seasons. If that's the case again this year you could wait until the Astros make it to the World Series to make it a safer bet.
     
    The Beard likes this.
  5. bobrek

    bobrek Not a liberal, regardless of my posts
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    Assuming a $3000 mattress will last at least 10 quality years (e.g. Tempurpedic has a fully guaranteed 10 year warranty)...that's 3650 days at around 8 hours a day...so it will be used around 30,000 hours...

    Not outrageous to me...it is the thing I own that I use far and away the most.
     
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  6. conquistador#11

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    it's not just a mattress it's the collection, gorgeous american made oak base and headboard that they include along with the dresser and mirror. They also throw in 2 night stands. I say make the bet if you need it, like the beard said.
    [​IMG]
     
    LonghornFan likes this.
  7. Buck Turgidson

    Buck Turgidson Mineshaft Enthusiast
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    Sure seems so, but not really now that I've been shopping around for a new one.

    Anyone ever tried one of the "purple mattresses" or the "Leesa" that you see advertised on the internet/tv?
     
  8. MrBear1

    MrBear1 Contributing Member

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    Mattress Mac and his ridiculously overpriced furniture. Dude thinks he is Pottery Barn now apparently.
     
    arkoe likes this.
  9. LonghornFan

    LonghornFan Contributing Member

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    I have. When I moved after the big D, I took a brand new bed we just purchased with me but it was way too soft and I needed something much more firm. I started reading the Sleep Sherpa's Blogs as these beds were starting to grow in popularity. I ended up buying a King Winkbed due to the review below.

    https://sleepsherpa.com/winkbeds-mattress-review-the-best-of-both-worlds/

    For the first 3 months it was great, very large and firm. After that it went to **** and sunk in the middle pretty quickly. I kept it for another 2 years for some reason and slept on the couch most of the time. I finally got fed up with it and ordered a Sleep Number after sleeping on one at a friends house in their guest room a few months ago. They had the basic one but with a nice mattress pad and I had one of the best nights of sleep in a long time.

    I now own a Sleep Number 360 i10 bed with adjustable base and I honestly think it was the best $6000 I have ever spent. It's basically the perfect bed and I never want to leave it. I wake up so much more refreshed and am not falling asleep at my desk at all any longer. Adjustable settings are the bomb. Back ache? Push the button and air it up to Sleep firm. Nice back and want comfort? Unleash the air down to 35 and it feels like you're sleeping in a cloud. Raining outside and nothing to do but Netlfix? Tilt her up and become the best Sloth one can be. If it were allowed I would marry this thing.
     
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  10. donkeypunch

    donkeypunch Contributing Member

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    A good firm 3 inch foam topper has turned my older bed into a great mattress again. As long as there are no sinks in the previous bed or springs just aching to bust out, I have found a good foam topper does wonders.
     
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  11. J.R.

    J.R. Contributing Member

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  12. vince

    vince Member

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    Great to see Mattress Mack keeping his business fun!!!

    I don’t need a mattress, or replace my furniture often. But I enjoy watching Mattress Mack being such an establishment in Houston. Seems like a good representative for houston businesses.
     
  13. No Worries

    No Worries Contributing Member

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  14. marks0223

    marks0223 Astros 2017 Champions
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    Any announcements on when this promotion ends? Wonder if he'll extend it through the ALCS again. I'm going to need a new mattress but don't exactly need one that is $3,000, however if it's free I'll take three.
     
  15. YOLO

    YOLO Member

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    'Mattress Mack': The man who wants to bet $10 million on the Astros

    https://www.espn.com/chalk/story/_/id/27701495/mattress-mack-man-wants-bet-10-million-astros

    A Houston furniture salesman, facing millions of dollars in refunds if the Astros win the World Series, has enlisted the help of two high-level gamblers from Las Vegas to find an American bookmaker willing to take a giant bet.

    Gallery Furniture in Houston is offering to refund purchases of mattresses costing $3,000 or more, if the Astros win the World Series. Store owner Jim "Mattress Mack" McIngvale says sales spiked when the Astros picked up starting pitcher Zack Greinke at the Major League Baseball trade deadline, and then again over Labor Day weekend, when Justin Verlander tossed a no-hitter.

    "The customers aren't dumb," McIngvale told ESPN this week "They know what's going on. They're hedging themselves as well."

    Now, as Houston prepares to enter the postseason as consensus favorites to win the World Series, Mattress Mack is staring at a hefty liability, one so big that he's looking to hedge his potential losses with a bet upward of $10 million on the Astros.

    With just a few days left in the regular season, the Astros are around +220 to win the World Series at most sportsbooks. If McIngvale is able to get $10 million down on the Astros, he would be in position to win more than $20 million to help pay for mattress refunds.

    "I've placed hedge bets [on the Astros] at certain places, with still a few more to go," McIngvale said. "It's all kind of in flux. It's like the stock market. You have to shop for the best price."

    The shopping process is ongoing, and it has been an ordeal, both frustrating and enlightening for the 68-year-old McIngvale. He's partnered with Anthony Curtis and Frank Betti, two well-known Las Vegas sharps, who have been communicating with bookmakers in Nevada and New Jersey and scoping out which places will take the biggest bet at the best price.

    Sportsbooks maintain a much bigger house edge on futures markets, like the odds to win the World Series, than on single-game wagers. Even so, Curtis said multiple bookmakers have declined to take their action on the Astros. And the other shops willing to take their action so far took much less than they wanted to bet.

    "The bookmakers are being offered a very good gamble, and they don't want to take it," said Curtis, who owns Huntington Press Publishing and runs the popular website LasVegasAdvisor.com.

    This week, Las Vegas veteran bookmaker Jimmy Vaccaro of the South Point sportsbook did take a $200,000 bet from McIngvale on the Astros at +250. McIngvale and his team, however, are eyeing a New Jersey bookmaker in hopes of placing a much bigger bet, potentially upwards of $10 million.

    FanDuel, which operates out of the Meadowlands Racetrack in New Jersey, has offered to take up to $10 million on the Astros from McIngvale, according to Curtis, but first must get approval from the state regulators. In early September, FanDuel filed a formal request with the New Jersey Division of Gaming Enforcement. The decision was still pending as of Tuesday.

    "It seems to me that some of the places in New Jersey -- let's put it this way -- are a little bit more aggressive, and willing to take larger amounts than some of the guys are out west," McIngvale said. "There are new kids in town."

    The sports betting landscape in the U.S. has evolved dramatically since McIngvale first began his sports-themed promotions.

    In 2015, after receiving assurance from two employees who were Peyton Manning fans, he offered to refund purchases if the Seattle Seahawks beat the Denver Broncos in Super Bowl XLVIII. McIngvale expected to do only $2-$3 million in sales during the promotion that ran for 10 days.

    "Well, we did about $9 million in volume," McIngvale recalled. "We sold out of furniture on the Saturday night before the Super Bowl and had to close the store."

    McIngvale did not place any hedge bets that year and went into the Super Bowl needing the Broncos to win to avoid refunding $9 million in purchases.

    The Seahawks won 43-8.

    "My guys told me there was no way Denver was going to lose the Super Bowl," McIngvale said. "On the first play, they snapped the ball over Peyton Manning's head, and I thought, 'Oh, Lord.' I thought my wife was going to divorce me on that one."

    In 2017, when the Astros won the franchise's first World Series, a similar promotion cost Mattress Mack more than $13 million in refunds. Sources told ESPN that year that McIngvale went around Las Vegas, sportsbook to sportsbook, placing more than $1 million in bets on the Astros to win the World Series at around 3-2 odds. Houston defeated the Los Angeles Dodgers in a thrilling seven-game series.

    McIngvale declined to specify how much money he was able to wager on the Astros in 2017.

    "It worked out well for the Astros and it worked out well for our customers," McIngvale said. "That's all that matters."

    For now, as McIngvale lines up his hedge bets, he's already seen a positive omen for the Astros. McIngvale's racehorse "Takeitback," named after the Astros' team slogan this year, recently won its maiden race at Kentucky Downs at 44-1.

    "I was moving sofas and didn't have time to bet," McIngvale said with a chuckle, "but my little horse won the race at 44-1 and I didn't get a dime on it."

    He's hoping to have more than a dime riding on the Astros.
     
    Rock Block likes this.
  16. BigM

    BigM Contributing Member

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    If you were thinking about getting some stuff from there anyways, now is a fantastic time to do it. Otherwise I’d avoid the bet.
     
  17. Theking

    Theking Member

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    Its you
     
  18. htownbball

    htownbball Member

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    What if you bought from elsewhere (Purple, Tuft and Needle, etc) and got the accessories like headboard and whatever else from Amazon and such...and then placed a cash bet somewhere else for the balance, would that be more profitable?
     
  19. J.R.

    J.R. Contributing Member

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  20. zeeshan2

    zeeshan2 Member

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