Details of big Super Bowl LX bets keep rolling in. Now, news has surfaced that Mattress Mack has bet $2m on the AFC Championship-winning team to capture the Super Bowl. He placed this wager before Sunday’s game between the New England Patriots and the Denver Broncos, and stands to earn $4m from the wager at +200 odds if the Patriots win:
As was the case with high-profile bets from the Texas furniture store giant, Jim McIngvale is once again running a promotion at his furniture store if his bet loses. Anyone who spends $4,000+ in Gallery Furniture will get a refund if the Patriots win the big game.
ESPN’s David Purdum reported that this is the largest Super Bowl LX wager to date with Caesars Sportsbook. He went on to break down Mattress Mack’s up-and-down record with his Super Bowl bets. Heart surgery meant that he didn’t get involved with a similar promotion for last year’s game.
BetMGM and Circa Sports have seven-figure liabilities on a Seahawks win
Other sportsbooks like BetMGM and Circa Sports have seven-figure liabilities on a Seahawks win, with bettors placing these wagers way back in August when the Seattle franchise was +6000 to win Super Bowl LX. BetUS currently has the Seahawks as five-point favorites.
The underwhelming nature of this year’s matchup is a contributing factor to Citizens Financial Group analysts’ prediction of a 2% year-on-year drop in Super Bowl legal betting handle. The rise of prediction markets is also set to eat into their take.
