“Losing Sucks”: World’s Biggest Gambler, Who Suffered $2,600,000 Blow at Kentucky Derby Last Year, Has Plans Set to Overcome His Fortunes

With each year’s renewal in Kentucky Derby, a few thoroughbreds seem to separate themselves from the herd of other contenders. Likewise, this year also, spectators already chose their favorites and bettors laid their wagers on those favorites. However, the uncertainty of betting games can sometimes become the downfalls of the bettors if the three-year-old thoroughbreds don’t perform as per the pre-defined winning odds. On the same note, one of the most renowned sports bettors, Jim McIngvale, faced a bumpy ride in the 2022 Kentucky Derby and lost a hefty amount in the betting mania.

In 2022, the $300 million worth business giant, Jim McIngvale won $75 million after he laid the bet that Houston Astros would win the World Series. Therefore, as the Astros stood atop the podium, the Houston-based businessman took home the largest payout in legal sports history. However, McIngvale a.k.a Mattress Mack lost a hefty amount in the betting game of the Kentucky Derby 2022. Hence, as Mack makes a comeback at this year’s Kentucky Derby, he took some prominent lessons with him that he learned from his past mistakes.

What are the winning odds? A Rhetoric Question for Mattress Mack

In the 148th edition of the Kentucky Derby, Mattress Mack wagered $1.5 million on Epicenter, while moving his winning odds from 5-1 to 9-2. However, in the final round, Rich Strike clinched the 2022 Kentucky Derby trophy, overcoming 80-1 odds and marking the victory as one of the most shocking upsets in Kentuck Derby’s history. Following this, Mattress Mack lost around $2.6 million of affluence.

However, the 72-year-old sports bettor is once again back in the game. With the 2023 Kentucky Derby just a few hours away from its commencement, Mack shares the lessons that he learned from his previous experiences.

As he made an appearance on the red carpet at Churchill Downs, a correspondent asked him, “What do you take from last year’s Derby?”. On this, Mack replied, “Losing sucks”. He further added, “It sucks big time”. Now, it is not the only question that the Houston-based businessman gave an answer to. Sharing his algorithm of “How to win the Kentucky Derby this year”, the 72-year-old conceded, “By picking the favorite” before the thoroughbreds leave their post positions. 

Walked the extra mile to bet on Astros

As sports betting is prohibited in the US state of Texas, Mattress Mack walked an extra mile to cross the border and laid down the winning odds for Astros from Louisiana. While he won the bet for Astros, he lost $9.5 million betting that the Cincinnati Bengals would win the Super Bowl.

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Though he lost an opulent amount in May 2022, the Astros’ momentous triumph helped him win a hoard full of affluence. Now, with all the lessons he learned from his betting sprees, Mattress Mack is all set to use them to his favor in the Run for the Roses this year. What do you think are the odds for him to win this year’s Kentucky Derby bet? Give us your thoughts in the comment section below.

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