The Man That Makes Millions On Losing Bets: Mattress Mack💰

We have found the ultimate legend.
The man that made millions...while losing bets. 👀
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[@kristykay0201]

Mattress Mac is a really good guy and does so much for Houston! He is an icon! I've met him several times walking around at Astro's games and he always stops to take pics and chat!

[@df4480]

Has he ripped you off with his furniture?

[@kristykay0201]

@D F I've actually purchased multiple pieces of furniture from Gallery Furniture and it's always been high quality long lasting furniture. I've also volunteered at his showroom a couple of times when he has opened the doors to the community who were displaced by hurricanes, floods, and freezes. He puts community first, there are thousands of examples of his generosity.

[@SwimDeeep]

@@kristykay0201 he’s part capitalist and part social worker

[@ElverGalarga-tw4cc]

Have y’all worked for him! 😅

[@johngriffith1096]

Jezz. This dude is the man. Self made man. He needs a statue.

[@elliottmolnar480]

He made an incremental amount of Put options on the Astros with his customers every time he sold a mattress and hedged it with Calls at the Casino for free word of mouth marketing. I’d like to see the timing and volume of his sales and bets throughout the series.

[@Corn0nTheCobb]

I'm kind of shocked this only has 2k views. This is a good video. I heard about this guy on the radio so I decided to look him up. He's at it again!

[@Corn0nTheCobb]

Apparently if he wins this current one, this will be the largest win in US sports betting history

[@geraldclark2869]

That’s why God keeps blessing him because he’s always giving most of it back.

[@derailed3]

Mattress Mac has been famous in Texas for decades. He spoke to my middle school and was a widely-known local celebrity well before then - and I'm 40 now. 😀

[@julesb2415]

It was hurricane Harvey, not Imelda

[@NinjaTrump]

Waiting for the new Mattress Mac video !! He did it again and this time even bigger !!!

[@HandbagMafia]

could be like the 1800 mattress guy too, don't make any bets with customers and make 100's of millions a year too. I applaud his good deeds for the community but don't see his betting tactic really working

[@SASQUATCH_DRWN]

He’s has a key to the city And is known as Houston’s favorite son He’s a fucking hero. Opens his stores every year during natural disasters and donates millions to Houston charity. He’s amazing!

[@Matt-cr4vv]

It absolutely has worked out for him. The bet is simply a hedge to cover the cost of refunding customers their money for the promotion. The bets aren’t there to truly profit on. The promotion spikes sales of furniture for his stores and he comes out fine either way because he either earns the spiked revenue from the sales from people trying to win free furniture if his bet loses or if he wins his bet it covers the cost of refunding the customers for the furniture. It’s a long game play to build his brand for customers who likely become repeat customers form positive experience with him. And he’s a legend in his community from all the service he does. People love him and he’s very wealthy as a result. He just doesn’t cling to every possible dime he could earn.

[@encubierto4930]

Unfortunately, all that fame has gone to his head. He now pretends to be a Republican kingmaker, promoting GOP candidates who support the Jan 6 insurrection. What a shame. He has lost my business.

[@teddymills1]

75 large ones. That is off the scale. Jim must have been a riverboat gambler. How do you not like a guy that helps others in his community and bets on himself ?

[@resurection96]

Genius

[@ashwynn4177]

So he never loses how exactly?

[@Matt-cr4vv]

When he makes these bets it’s always done as a hedge. The promos are always if you spend X amount of money on furniture during s specific time frame and such and such team wins then he refunds the money. So if he wins the bet it covers the money on the refunds he gives back to his customers. If he loses the bet then the customers who bought all the furniture don’t get refunds so he essentially still wins from the spiked revenue from the promotion he ran. So he either wins the bet which covers the refunds he gives out or he wins because he doesn’t refund the revenues. And the promotion spikes interest in his stores and accumulates future repeat customers and media attention that he earns revenue on. So generally the promotion itself is largely him attempting to break even on what he refunds out but the exposure it gains and the growth in customers is where he earns on the promotions. Basically a long term play for his stores over a short term miney spike. He’s revered in his community

[@joewight4]

😳😳😳 dam... here I was going to rip on the guy for losing... I never say I will now after seeing how many people use helped in his lifetime! Normally I'd say gambling is a bad idea but this guy is using that to better his business himself and most importantly people in their daily life... my prediction and our opinion is that when he was at as low and hit rock bottom that maybe he decided to help people out during their time of struggle so he is just millions of dollars to help others

[@joewight4]

To whom this may concern I was using voice text that's why there's so many typos

[@javiertorres2193]

He's doing a double refund if the stros win this season.

[@anthonyrobbins4842]

He’s betting on the derby td lol

[@TemptatioN103]

Patrick got mac again good last night rip

[@goynwa7110]

Yo he had to do something with the Astros winning lol you don’t bet that much money on a team unless you have insider info

[@georgemarini3555]

You didnt get it..right? If he wins the bet, it means that he will return the money to the customers. The money from the bet are more than the money from the customers. If he loses the bet, he still has millions of dollars in sales and free advertisements all over the states.. but again,the sales are more than the loss from the bet if you select an odd which is less possible than 50%.