James McIngvale, the Houston-based owner of Gallery Furniture Stores, has an essential quality to him: He makes some very large bets and shares them publicly — and he has a big one planned for the Kentucky Derby.
The man nicknamed “Mattress Mack” will be backing Essential Quality – the favorite in Saturday’s Run for the Roses – to the tune of at least $2 million via a company promotion called: “Kentucky Derby Fave Wins, You Win.”
Customers buying one of his company’s mattresses valued at more than $3,000 will get their money back if Essential Quality wins on Saturday at Churchill Downs.
McIngvale told the Thoroughbred Daily News he’ll wager at least $2 million on Essential Quality to cover the promotion – the amount could move north to about $4 million.
As your fantasy football draft moves through the early rounds, you must carefully consider your choices. Several apparent no-brainers come with questions and drawbacks. We take a look at some of those options.
If you or someone you know has a gambling problem, crisis counseling, and referral services can be accessed by calling 1-800 GAMBLER (1-800-426-2537) (IL/NJ/WV/PA), 1-800-9-WITH-IT (IN only), 1-800-BETS-OFF (IA only) or 1-800-522-4700 (CO Only)