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The Conscience of Thoroughbred Racing


By Marc Lawrence, — According to ESPN’s David Purdum, bookmakers on Saturday forked over what’s believed to be the largest payout in sports betting history – approximately $75 million – to Jim McIngvale, aka ‘Mattress Mack’, the Texas furniture store owner who earlier this year plunked down $10 million in bets on the Houston Astros to win the World Series.

But he won’t get to keep it all. McIngvale uses the betting market to mitigate risk on promotions at his Gallery Furniture store that are based on the winner of big sporting events, from the Super Bowl to the Final Four. His biggest promotions, though, have involved the Astros and the World Series.

Still, it was quite a score for the Mattress King

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