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Houston Astros Fans Are Getting $10 Million in Free Mattresses After the World Series Win

Posted on 11/2/17 at 4:26 pm
Posted by JetFuelTyga
Born in desert,raised in lion's den
Member since Feb 2016
1799 posts
Posted on 11/2/17 at 4:26 pm
Mattress Mack is man of his word.

quote:

Back in May, the owner of Houston’s Gallery Furniture pledged to refund customers who paid at least $3,000 for mattresses and beds if the Astros won the World Series. After the team’s victory on Wednesday, ESPN reports, the businessman is making good on his promise, paying out more than $10 million in rebates.


quote:

The charitable furniture titan, who has paid out some $12 million as a result of similar stunts in the past, says the promotion attracted enough customers that Gallery Furniture still made money. He also softened the blow by making some big bets — totaling more than $1 million, according to the ESPN — on the Astros taking the title. McIngvale also made headlines in the aftermath of Hurricane Harvey, when he used several Gallery Furniture locations to shelter people displaced by the storm. He did the same for New Orleans residents fleeing Hurricane Katrina in 2005.


Sounds like one helluva dude. Awesome job hedging his bet, seems like all parties involved came out a winner.

LINK
Posted by Steauxn
Philadelphia, PA
Member since Dec 2007
19277 posts
Posted on 11/2/17 at 4:30 pm to
dude also took about 40 first responders and veterans to game 6 in LA

story here
Posted by BigPerm30
Member since Aug 2011
32446 posts
Posted on 11/2/17 at 4:30 pm to
He should’ve bet $5 million on the Stros last night to hedge his bet.
Posted by TH03
Mogadishu
Member since Dec 2008
172004 posts
Posted on 11/2/17 at 4:30 pm to
quote:

dude also took about 40 first responders and veterans to game 6 in LA


Marlins man just got triggered.
Posted by kciDAtaE
Member since Apr 2017
17804 posts
Posted on 11/2/17 at 4:33 pm to
quote:

He should’ve bet $5 million on the Stros last night to hedge his bet.


I’m guessing he took out an insurance policy in case he lost
Posted by JetFuelTyga
Born in desert,raised in lion's den
Member since Feb 2016
1799 posts
Posted on 11/2/17 at 4:34 pm to
quote:

He should’ve bet $5 million on the Stros last night to hedge his bet.


Or bet 'stros to win it all at beginning of season. Think they were around 15 or 20/1.

Regardless, I think I have a new favorite mattress magnate
Posted by Drank
Member since Jun 1864
Member since Dec 2012
12345 posts
Posted on 11/2/17 at 4:42 pm to
He did hedge his bet. There was a story on it yesterday. he put a good bit on the 'stros to win it all.
Posted by Napoleon
Kenna
Member since Dec 2007
74905 posts
Posted on 11/2/17 at 4:45 pm to
Seems like a great guy.
I liked how he let people stay in his store.
This post was edited on 11/2/17 at 4:47 pm
Posted by reveille
Houston
Member since Jul 2009
1217 posts
Posted on 11/2/17 at 4:52 pm to
Mack is a great guy. He does amazing things for the community always a big supporter of many charities in Houston.

He does these types of promotions just about every year. This time he took a big hit.
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 11/2/17 at 4:55 pm to
Dude is an absolute expert in marketing, promotion, and above all of that, being a damn good person along the way.
Posted by NYCAuburn
TD Platinum Membership/SECr Sheriff
Member since Feb 2011
57015 posts
Posted on 11/2/17 at 5:11 pm to
quote:

should’ve bet $5 million on the Stros last night to hedge his be


10 million in mattress sales is probably about 2-3 million cost, maybe less
Posted by weadjust
Member since Aug 2012
15818 posts
Posted on 11/2/17 at 5:13 pm to
quote:

He does these types of promotions just about every year. This time he took a big hit.


He pays a insurance premium to cover the loss. Premium cost is less than the free advertising he's getting.
Posted by bamafan1001
Member since Jun 2011
15783 posts
Posted on 11/2/17 at 5:14 pm to
Good for him. Id buy from his store just because of this
Posted by nvcowboyfan
James Turner Street, Birmingham,UK
Member since Nov 2007
2994 posts
Posted on 11/2/17 at 5:19 pm to
he saves you moneeeeeeeeeeey!
Posted by ThatMakesSense
Fort Lauderdale
Member since Aug 2015
15281 posts
Posted on 11/2/17 at 6:24 pm to
Mattress Mack should give most of his $$$ to the little girl that was mauled at his flea market by a lion 30 years ago.
Posted by JetFuelTyga
Born in desert,raised in lion's den
Member since Feb 2016
1799 posts
Posted on 11/2/17 at 6:49 pm to
..sorry what's up?
Posted by Aspercel
Member since Jan 2009
117554 posts
Posted on 11/2/17 at 6:53 pm to
This guy has really changed my opinion of him in the last year.

Probably the same for a lot of other horse racing fans. His reputation was not always great.

to mattress Mack.
This post was edited on 11/2/17 at 6:55 pm
Posted by ThatMakesSense
Fort Lauderdale
Member since Aug 2015
15281 posts
Posted on 11/2/17 at 6:55 pm to
Lion mauls little girl at Mattress Macks flea market

There's also a NYT article about it as well, but doesnt name Mack as the flea market owner.
This post was edited on 11/2/17 at 6:57 pm
Posted by CharlesLSU
Member since Jan 2007
33653 posts
Posted on 11/2/17 at 7:07 pm to
Read the article. How do you suppose this makes him a bad guy? Sounds like the guy who ran was the primary culprit. Jim apparently did pay restitution.
Posted by ThatMakesSense
Fort Lauderdale
Member since Aug 2015
15281 posts
Posted on 11/2/17 at 7:14 pm to
The owner of the lion is definitely a piece of shite.

Would you let a lion be present at a place of business you own for photos?
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