How An Entrepreneur Built A $240 Million Empire By Selling Furniture And Making Big Bets | Forbes


For Jim McIngvale, the Houston furniture mogul known as “Mattress Mack,” placing multi-million-dollar wagers on big games has become a signature promotional tool and growth vehicle for his business. For years, McIngvale, who owns the three-store chain Gallery Furniture, has made his headline-grabbing wagers not for gambling glory, but as sensible hedges against his big sales promotions.

During the Super Bowl, March Madness, the World Series, and other events, Mack will place a giant bet on one team—either a Texas club or one closest geographically to his home state—and offer customers a full refund if they win.

Read the full story on Forbes: https://www.forbes.com/sites/willyakowicz/2022/04/06/mattress-mack-jim-mcingvale-sports-bets-march-madness-super-bowl/?sh=63d04bf05264

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