‘Mattress Mack’ is once again betting big on the Bengals winning

Jim “Mattress Mack” McIngvale sold so much furniture in one week that he could afford to place another giant Super Bowl bet – $ 5 million on the Cincinnati Bengals to beat the Los Angeles Rams.

McIngvale, who owns Gallery Furniture in Houston, Texas, drove across the Louisiana border early Friday morning, stopped at a rest stop and placed the $ 5 million bet on Caesars Sportsbooks’ mobile app at +170 odds. McIngvale runs a campaign in his store and offers to refund any purchase of $ 3,000 or more if the underdog Bengals win the Super Bowl LVI. He uses his giant bets to reduce the risk from the giveaway.

Last week, McIngvale placed a $ 4.5 million bet on the Bengals with Caesars Sportsbook in Louisiana.

“Well, I sold through the profits on the first investment,” McIngvale told ESPN on Friday, his 71st birthday. “So I had to make another one.”

McIngvale has now bet $ 9.5 million for a chance to win a net $ 16.2 million if the Bengals win the Super Bowl on Sunday. Cincinnati is a consensus 4-point underdog for the Rams.

“I reckon it’s more of a dump,” McIngvale said. “It could come down to a final field goal, just like many of these exciting playoff games.”

Caesars Sportsbook says the $ 5 million Bengals bet is the largest single bet the company has made, overshadowing a $ 4.9 million bet on the highly-favored St. Louis Rams to beat New England Patriots in Super Bowl XXXVI.

“Caesar – at least for now – is a Rams fan,” said Ken Fuchs, head of Caesar’s Sportsbook, in a press release.

Even with McIngvales’ $ 9.5 million on the Bengals, Caesars had attracted a little more money on the Rams to win the game straight up. As of Friday morning, 74% of the money line bets were on the Bengals, while 52% of the total bet was on the Rams.

Other seven-digit bets have also begun to appear at the Super Bowl. DraftKings reported on Thursday taking a $ 1 million two-legged parlay on Bengal’s money line +170 and below 48.5. The parlay, which was located at Casino Queen in Illinois, has a potential net profit of $ 4.15 million.