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Author Topic: "Mattress Mack" loses nearly 10 million dollars on Astros Loss  (Read 265 times)
ChiBitCTy (OP)
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October 26, 2023, 07:39:55 PM
 #1

Most of you probably aren't familiar with this man, but he's pretty popular here in the United States, known for making monster bets on his favorite baseball team, the Houston Astros ( also the most hated team in America being that they were caught cheating  during their World Series win a few years back). 

I saw a video of someone giving him shit and him stacking "fuck you, fuck you" left and right back at the man.  This guy seems to lose his cool quite a bit.  He seems like an old fart but if you look up his history, he's bet millions upon millions of dollars, both winning and losing TONS of money.

Here's the recent bet/story ( could you ever bet millions if you had it? )
https://www.cbssports.com/mlb/news/jim-mattress-mack-mcingvale-lost-at-least-7-9-million-on-astros-world-series-bets/

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October 26, 2023, 07:57:01 PM
 #2

We dont know on why he had really getting so much hate for those people who do give out those kind of letter or whatever actions or things happen on which if a certain team is being hated
and you are that someone who do make that kind of support or loyalty into that team which known being caught by cheating in the past, then those bad impressions would really be that
remains forever and to those who are in connection to it would really be also to taste the rage and frustration by those fans with other teams on which its always that
possible that fans will really be that attacking their fans as well.

About betting in millions? It doesnt matter since its his money then it would really be just that his full rights on whatever he would really be spending.
Its none of our business on how much he would be spending on such team on betting on it.
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October 26, 2023, 08:02:14 PM
 #3

McIngvale won a record $75 million when the Astros won the World Series in 2022. If the Astros would've repeated as World Series champions, he would've won an estimated $118 million over the last two years.

It's not like he's going to suffer from a 10 million loss... only that it wasn't 10 million, like you're saying but 7.9 according to the article. 8 million and 10 million is already a big difference, but forgetting to mention that he bet only close to 10% of his wins from last year is a crime.

The guy is clearly a winner that doesn't want to stop as long as he's ahead. Would you stop betting if you had 75 million in the bank? I'd probably keep going up until the last 5 because 5 would be enough for me to never be poor again and the rest is just fun - easy come easy go.


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October 26, 2023, 08:02:25 PM
Last edit: October 26, 2023, 08:20:08 PM by Wiwo
 #4

He must be a big gambling propeller,  having recorded tons of accumulated wager amounts,  this is another example of how the big guys can go all in,  similar to what happened in my country where another team's fans place a bet of half of this amount in my local currency and unfortunately he lost since he chose Chelsea to win against Asernal bit the match ended in a draw so he lost that amount.

I won't want to blame the individual you mentioned for being obsessed with gambling to have risk such an amount,  but then from his behaviour as you analyzed,  it looks like something may not be right with the guy,  I won't say he is addicted anyways but the possibility of that also is high in this situation.
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October 26, 2023, 08:09:32 PM
 #5

could you ever bet millions if you had it?
No.

I honestly do not risk too much into bets when I gamble. It's something I do for fun to test my proficiency in predicting a sport I love to watch, staking excessively will take away a chunk of the fun. I'll rather stake low with the chance to win a low reward, than risk a ridiculous amount.

- Jay -

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October 26, 2023, 08:17:22 PM
 #6

I won't want to blame the individual you mentioned for being obsessed with gambling to have risk such an amount,  but then from his behaviour as you analyzed,  it looks like something may not be right with the guy,  I won't say he is addicted anyways but the possibility of that also is high in this situation.

Who knows what's the real reason why that guy was yelling at him?

As I understand it, there could be chances that since Mattress Mack won so much money betting (approximately 75 million in last year in the World Series), people might try to copy him, bet big amounts, lose and then become frustrated on such popular personalities. They become jealous when they see people like Mattress Mack winning such big amounts while they are always on the losing side.

Also usually people do not earn a million dollars in a lifetime while Jim "Mattress Mack" McIngvale places a bet with the amount of $1 million.
This uneven distribution of money is another reason why anyone can scream at the person who is being so lucky in life, expressing his own hopelessness and frustrations.

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October 26, 2023, 08:26:21 PM
 #7

I won't want to blame the individual you mentioned for being obsessed with gambling to have risk such an amount,  but then from his behaviour as you analyzed,  it looks like something may not be right with the guy,  I won't say he is addicted anyways but the possibility of that also is high in this situation.

Who knows what's the real reason why that guy was yelling at him?

As I understand it, there could be chances that since Mattress Mack won so much money betting (approximately 75 million in last year in the World Series), people might try to copy him, bet big amounts, lose and then become frustrated on such popular personalities. They become jealous when they see people like Mattress Mack winning such big amounts while they are always on the losing side.

Also usually people do not earn a million dollars in a lifetime while Jim "Mattress Mack" McIngvale places a bet for $1 million.
This uneven distribution of money is another reason why anyone can scream at the person who is being so lucky in life, expressing his own hopelessness and frustrations.

Anyone becoming jealous of a gambling winning must be out to lose along the line,  because before you see anyone making such winning he or she may have recorded a series of losses also and at that, no one should feel jealous since you don't know what they have been through before arriving at such winning, anyways mattress Mack is a big name in the casino with his total wager amount and being one of those that have experienced big winning and also hard a bitter tests of the big loses also just like in this case,  it makes more sense then not to follow his pattern since not everyone will have the chance and luxury of time and money stake such high risk.

But then is either you win or lose but regardless of whatever becomes the reality of anyone,  it should be at the back of our mind that individuals have their different luck and experience so there is no need to copy anyone at all.
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October 26, 2023, 08:29:39 PM
 #8

could you ever bet millions if you had it?
No.

I honestly do not risk too much into bets when I gamble. It's something I do for fun to test my proficiency in predicting a sport I love to watch, staking excessively will take away a chunk of the fun. I'll rather stake low with the chance to win a low reward, than risk a ridiculous amount.

- Jay -

Most people will say that they wouldn't bet a million dollars if they had that much money. That's not true. The reason is that once you do not have this money, you always think that you will take care of that money and be a responsible gambler but things will change when you have that money in real.

When you have a million dollars, it means that your lifestyle is changed altogether, you have a business that is making you a million dollars and maybe more and then you think ok i have a lot of money and I can bet one million dollars and have a feeling of a lifetime. Yeah, you and I do not have that one million dollars now, so we can only think that we won't risk that money in betting.

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October 26, 2023, 08:38:02 PM
 #9

Most of you probably aren't familiar with this man, but he's pretty popular here in the United States, known for making monster bets on his favorite baseball team, the Houston Astros ( also the most hated team in America being that they were caught cheating  during their World Series win a few years back). 

I saw a video of someone giving him shit and him stacking "fuck you, fuck you" left and right back at the man.  This guy seems to lose his cool quite a bit.  He seems like an old fart but if you look up his history, he's bet millions upon millions of dollars, both winning and losing TONS of money.

Here's the recent bet/story ( could you ever bet millions if you had it? )
https://www.cbssports.com/mlb/news/jim-mattress-mack-mcingvale-lost-at-least-7-9-million-on-astros-world-series-bets/

Not familiar with this guy to be honest, but I have seen people betting huge on sports like Floyd and Drake. And this just shows that even if you really have tons of money to bet, it will still hurt in the end and for those who says that gambling is fun, it ain't if you lose in millions of dollars.

Probably he can walk away and move on after this big lose of his. Most likely he still has a lot of money in his bank. Nevertheless, he will want to recoup this losses very soon so I think he will all in again in his next bet. He might not go and tell the public it or like this go to social media if he were able to win in his next bet for clout obviously.
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October 26, 2023, 08:46:16 PM
 #10

could you ever bet millions if you had it?
No.

I honestly do not risk too much into bets when I gamble. It's something I do for fun to test my proficiency in predicting a sport I love to watch, staking excessively will take away a chunk of the fun. I'll rather stake low with the chance to win a low reward, than risk a ridiculous amount.

- Jay -

I lost my cool yesterday as Newcastle spoilt my plan, entire ticket was loss because they couldn't get a single goal yesterday and then for a minute, I paused and I was like, how much did you bet on stake? That's when I realized I was reacting. Grin Now, imagine if u stake a large amount of money, no matter how hard I try not to lose my cool, I wouldn't be able to hide it, now I wonder how this man has the courage to bet a fortune, this is gambling abuse.  Undecided

Unless the guy launder money through gambling, I don't think any sensible person will bet $10M on a game, it doesn't make sense. Why has he not been trending like drake because anytime that guy stake 800k to 1M, the internet especially the netizens go high and says a lot of things that he will go broke, this and that's but this guy don't, or maybe because he is na celebrity.

I don't know how big money is to some people but to be honest, $10M is too big to be use for gambling, amount that can buy a startup company, I don't want to say how much that amount is in my local currency but if I have such amount and I decide not to work for 40 years, I will live good life. But MR.man lost everything to gambling, lord have mercy.

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October 26, 2023, 08:46:25 PM
 #11

Most of you probably aren't familiar with this man, but he's pretty popular here in the United States, known for making monster bets on his favorite baseball team, the Houston Astros ( also the most hated team in America being that they were caught cheating  during their World Series win a few years back). 

I saw a video of someone giving him shit and him stacking "fuck you, fuck you" left and right back at the man.  This guy seems to lose his cool quite a bit.  He seems like an old fart but if you look up his history, he's bet millions upon millions of dollars, both winning and losing TONS of money.

Here's the recent bet/story ( could you ever bet millions if you had it? )
https://www.cbssports.com/mlb/news/jim-mattress-mack-mcingvale-lost-at-least-7-9-million-on-astros-world-series-bets/

Not familiar with this guy to be honest, but I have seen people betting huge on sports like Floyd and Drake. And this just shows that even if you really have tons of money to bet, it will still hurt in the end and for those who says that gambling is fun, it ain't if you lose in millions of dollars.

Probably he can walk away and move on after this big lose of his. Most likely he still has a lot of money in his bank. Nevertheless, he will want to recoup this losses very soon so I think he will all in again in his next bet. He might not go and tell the public it or like this go to social media if he were able to win in his next bet for clout obviously.
There's no such thing about being having that unlimited fund on which it would really be just that normal that there would really be those gamblers who are used to be that millionaires, whether they are really that celebrities or to those popular athletes or whatever industries they are known or popular on which making money wont really be that a hard thing for them but as we do know that once we do make ourselves engage with gambling then the word unlimited wont fit out. Yes, you are financially capable but on the time that you would really be engaging with betting then betting up millions could be possible since you are financially capable then you would really be having that kind of behavior but we know that if things turns out to be a loss in consecutive manner then it would really be surely be hurting your bank or pocket.

It just really turns out that these known people wont really be showing that they have been affected but deep inside then it is really just that hard to resist that you arent hurt.
Somehow since you do have other income source from your investment then that would really be easing out that kind of stress but pretty sure that you would really be having those kind of learning along the way.
Some would be able to realize but some would really be continuing just because they are really that confident when it comes to their financial status and on the way that they do spend.

R


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October 26, 2023, 09:23:55 PM
 #12

McIngvale won a record $75 million when the Astros won the World Series in 2022. If the Astros would've repeated as World Series champions, he would've won an estimated $118 million over the last two years.

It's not like he's going to suffer from a 10 million loss... only that it wasn't 10 million, like you're saying but 7.9 according to the article. 8 million and 10 million is already a big difference, but forgetting to mention that he bet only close to 10% of his wins from last year is a crime.

The guy is clearly a winner that doesn't want to stop as long as he's ahead. Would you stop betting if you had 75 million in the bank? I'd probably keep going up until the last 5 because 5 would be enough for me to never be poor again and the rest is just fun - easy come easy go.



I've never heard of him, but he's indeed deep into gambling. And coming from a big industry, furniture. He won't suffer for losing at all. Because he'll keep generating enough money to cover for his loss.  Look the huge amounts he stake on a team, that can boost the validity of the team. He's a very rich gambler. His winnings are too enormous for most people, but can be a pea nut to him. A gambler with such an amount may not be able to stake smaller amounts like 2k dollars. They'll be targeting 1m dollars. To generate higher amounts and profits. That'll be able to interest them. A millionaire winning few thousands in gambling won't have a complete happiness, compared to when they win tens of million, from staking huge amounts. With such amount the risk increases. And may be on a brink. Win or lose. At that stage of life, 5m may not be enough to retire you. Because you've been gambling with over 70 million. lol. Would anything lesser change your gambling habit, like stake 10$ or quitting gambling after losing such a huge amount. You'll see that gamblers must have a strong bounce back from a different source to keep rolling higher. A person can't get 75 million without have a sustainable business, that'll still fetch them more funds. What we'll say to do with such an amount will be very different from what we'll actually do with the money. It's like a gamble I can't predict. It's possible I'll play responsibly with the millions or wager it like a millionaire.

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October 26, 2023, 09:44:45 PM
 #13

~
Jesus that's a lot. First time I've heard of him though but considering the amount he's spent on gambling, I'm surprised he wasn't covered as much. Maybe because he didn't win it big that much? I don't think I'd ever bet millions really since I have a pretty solid understanding of how much money works in the lower class (where I'm at right now) so it's kind of off-putting to suddenly spend so much if I actually ever had one, especially on gambling. I'd maybe spend it on other stuff like buying consoles, furniture, drawing materials, and stuff like that, but gambling? Nah.

R


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October 26, 2023, 09:51:00 PM
 #14

Hmmm... I find it very difficult to believe that he isn't bothered by the fact that he's spending his cash without really getting much of an income/cash back.. honestly. If he's actually letting out his history online, then I believe he's got 'em in full consideration... If he's not also thoughtful about it in a good way, then he isn't bothered about it...

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October 26, 2023, 10:17:27 PM
 #15

Most of you probably aren't familiar with this man, but he's pretty popular here in the United States, known for making monster bets on his favorite baseball team, the Houston Astros ( also the most hated team in America being that they were caught cheating  during their World Series win a few years back). 

I saw a video of someone giving him shit and him stacking "fuck you, fuck you" left and right back at the man.  This guy seems to lose his cool quite a bit.  He seems like an old fart but if you look up his history, he's bet millions upon millions of dollars, both winning and losing TONS of money.

Here's the recent bet/story ( could you ever bet millions if you had it? )
https://www.cbssports.com/mlb/news/jim-mattress-mack-mcingvale-lost-at-least-7-9-million-on-astros-world-series-bets/
I had to google him as not too many furniture salesman millionaires has been on my radar. But he turned out to be way more interesting they i would have thought.

For anyone who want's to know more this was an interesting profile piece: https://www.houstonchronicle.com/news/houston-texas/article/mattress-mack-jim-mcingvale-untold-story-17818098.php

But from what i gathered this was his highest single bet that i found online, so i totally understand for being triggered for anyone smack talking him after that loss, especially when they were fans of the team Astros lost to.

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October 26, 2023, 10:18:12 PM
 #16

McIngvale won a record $75 million when the Astros won the World Series in 2022. If the Astros would've repeated as World Series champions, he would've won an estimated $118 million over the last two years.

It's not like he's going to suffer from a 10 million loss... only that it wasn't 10 million, like you're saying but 7.9 according to the article. 8 million and 10 million is already a big difference, but forgetting to mention that he bet only close to 10% of his wins from last year is a crime.


I too thought $7.9 million isn’t nearly $10 million. The article called it a considerable chunk of change. I think that perfectly describes it after looking at his gambling history of wins and losses. He’s not going to lose any sleep over this loss.
He’s not scared of staking big to equally win big. Moving on, he’s probably already started thinking about his next bet.
If I had as much as 75 million, I would be quite willing to spend about 7-10 million on various bets. There’s no rush. Haha.
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October 26, 2023, 10:51:24 PM
 #17

( could you ever bet millions if you had it? )

If have hundreds of millions then I do not mind betting 1 million into the sports that I am very familiar with especially when I believe that my favorite team have the upper hand.  The question actually depends on the capability of a person to finance such bet without affecting his financial status.  Those who got some millions won't bet with the stated amount but for those who have hundreds to thousands of it won't mind because they have the capability to lose such amount without flinching.

According to the replies, that guy is still on the green after losing those amount.  So I think he would not mind the losses and will continue to bet with such huge amount until he found out and realized that his finance can't support such huge amount.
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October 26, 2023, 11:02:01 PM
 #18

Hmmm... I find it very difficult to believe that he isn't bothered by the fact that he's spending his cash without really getting much of an income/cash back.. honestly. If he's actually letting out his history online, then I believe he's got 'em in full consideration... If he's not also thoughtful about it in a good way, then he isn't bothered about it...

Sandra 🧑‍🦰
To some extent,  that mack of a guy have hard long time history and records of loads of winning before now,  and if that be the case he already won and he may have become used to this kind of situations because no being boardersd about a 10 million dollars lost is something that is born out of his long term experience in this space and that goes a long way to also point to how much he may have won from this games on the past to have been so confident to risk such an amount on a single bet,  although he may be under some influence e.g.


addictions,  thos could be as a result of him chasing particular directions that may not be so favorable to him at some point. P
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October 26, 2023, 11:18:07 PM
 #19

Most of you probably aren't familiar with this man, but he's pretty popular here in the United States, known for making monster bets on his favorite baseball team, the Houston Astros ( also the most hated team in America being that they were caught cheating  during their World Series win a few years back). 
I don't know him .This person sounds like Drake. Almost same gambling habits. I understand their passion and must say that it is commendable but for me when a notable person starts showing of their bet on social media it becomes deeply concerning to me because it passes the wrong message to kids and

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I saw a video of someone giving him shit and him stacking "fuck you, fuck you" left and right back at the man.  This guy seems to lose his cool quite a bit.  He seems like an old fart but if you look up his history, he's bet millions upon millions of dollars, both winning and losing TONS of money.

Here's the recent bet/story ( could you ever bet millions if you had it? )
https://www.cbssports.com/mlb/news/jim-mattress-mack-mcingvale-lost-at-least-7-9-million-on-astros-world-series-bets/
verbal abuse is terrible. It tells how uncouth the other person is.
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October 26, 2023, 11:22:48 PM
 #20

( could you ever bet millions if you had it? )

If have hundreds of millions then I do not mind betting 1 million into the sports that I am very familiar with especially when I believe that my favorite team have the upper hand.  The question actually depends on the capability of a person to finance such bet without affecting his financial status.  Those who got some millions won't bet with the stated amount but for those who have hundreds to thousands of it won't mind because they have the capability to lose such amount without flinching.

According to the replies, that guy is still on the green after losing those amount.  So I think he would not mind the losses and will continue to bet with such huge amount until he found out and realized that his finance can't support such huge amount.

If you are talking about high rollers, such amount is no big deal for them.
It may be our lifetime's savings but for them, it is just a loose change that they can play with.
So they have no qualms if they lost these million-dollars today and win the next day.
But on this note, regular gambler should not imitate their lifestyle because you can go broke in one bet ruining your life as well as your family.
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