Caesars Brags About Record Sports Bet But Stonewalls on Policy Surrounding It

Written by:
Thomas Somach
Published on:
Feb/08/2022

LAS VEGAS — Caesars Sportsbook has confirmed to Gambling 911 that a $4.5 million bet on the Super Bowl made last week by Houston furniture mogul Jim “Mattress Mack” McIngvale is the largest mobile sports wager ever made and the second largest sports wager of any kind ever made.

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But the sportsbook refused to explain why McIngvale is allowed to make a multi-million dollar bet while other sports bettors are severely limited in how much they can wager with the book.
 

“Houston business mogul Mattress Mack did place the single largest legal mobile sports wager of all-time, to our knowledge, using the Caesars Sportsbook app in Louisiana,” Caesars spokesman Bradley Harwood told Gambling 911.

“Mack placed bets totaling $4,534,000 on the Cincinnati Bengals moneyline of +170 against the Los Angeles Rams in Super Bowl LVI. If the Bengals pull off the upset, Mack wins $7,707,800.

“The $4.5 million in bets is the second-biggest legal Super Bowl total wager ever placed, only trailing a $4.9 million bet at -900 odds during the 2002 Super Bowl.”

When asked why Mattress Mack is allowed to make such a large wager with Caesars while other sports bettors are limited to just a few thousand dollars a bet, Harwood would not give a response.

But Gambling 911 knows the likely answer to that question: it’s because Mack is a loser when it comes to sports betting, while those who get limited are winners.

Mack previously made wagers totaling millions of dollars on the Houston Astros to win the 2019 World Series and the 2021 World Series, and on Alabama to win the last college football championship game.

He lost all three bets.

Meanwhile, professional sports bettors such as “Spanky” Kyrollos of New Jersey get limited or even outright banned from wagering with Caesars because they consistently win.

So Mack better not win his Super Bowl bet.

Because if he does, he might not be allowed to make any more.

By Tom Somach

Gambling 911 Chief Correspondent

tsomach@aol.com

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