Mattress Mack is betting millions of dollars back on the Kentucky Derby, which suffered a huge loss in 2021.

Prince J. Grimes

Houston area furniture tycoon “Mattress Mac” Jim McIngvale, known for making huge bets, has been on a bit of a losing streak since winning the Super Bowl of the Tampa Bay Buccaneers in 2021. And It all started last year in the Kentucky Derby.When he bets what is believed to be a derby record $2.4 million for essential quality The horse won 4th place.

Without hesitation, Mack returns to the derby and re-bets on his favorite horse on Saturday. And he’s raising the amount.

“I will be there, and I will bet with both hands,” Mack said. via the Las Vegas Review Journal. “I would probably bet between $2.5 million and $3 million.”

Mack’s bet is a hedge for promotions in his furniture store. This includes customer refunds of over $3,000 if the favorite wins the derby.

more:Last year’s Kentucky Derby winning team actually hopes to have something to celebrate this time around.

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load "mattress mac" McIngvale watches batting practice ahead of Game 5 of the 2021 World Series at Truist Park.

As of Thursday, The best odds are still on the favorite Zandon on the morning line. 3:1, but Epicenter is not far behind 7:2. But, as Mack’s bet turns out, it’s probably best not to favourite. he’s been in for the past few months $3.25 million in Astros They won the World Series last year, but the Braves won. Then there was more $6 million in Alabama Georgia won the national championship. And we cannot forget: He invested $9.5 million in a Bengal player to win the Super Bowl.. That didn’t happen either.

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