Sportsbook and DFS operator DraftKings was the recipient of a $1m wager at the weekend as the Sweet 16 round of this year’s NCAA Tournament came into play. Jim “Mattress Mack” McIngvale placed $1m with DraftKings on Houston at 9-1 to win the championship, marking one of the largest ever March Madness wagers on record.
This historic bet would win $9m, and comes on the heels of his epic $3.46m winning wager on the underdog Tampa Bay Buccaneers in the past Super Bowl.
Said Mack on his latest seven-figure wager: “Anything can happen in March Madness as we all know, but I’m 10 toes down on Houston to bring the national title to Texas, and willing to stake a million dollars with DraftKings on that outcome.
“DraftKings continues to offer an unparalleled sportsbook experience and has rewarded customers during the opening rounds for underdog picks. I look forward to having skin-in-the-game for the rest of March Madness and seeing these young men compete, especially after the tournament was cancelled last season.”
Johnny Avello, DraftKings’ Director of Race and Sports Operations, commented: “Mack has established himself in the sports betting community with several historic wagers over the years, and we are thrilled to take his latest action on Houston at 9-1 to win the NCAA Tournament.
Houston has had a fine year and favorable start to the tournament, so we wish Mack the best of luck on his million-dollar bet as these highly entertaining and more advanced stages of March Madness unfold.”