Caesar's wrote a check to Mattress Mack for $30M

[aTotal360]

Biggest check in sports betting history. collectively he made $75M with the Astros winning.

Not a bad day for the young fella.

 

[Moondawgg]

But how much in mattress refunds does he have to dole out now? $50mm?

 

[paindonthurt_]

But how much in mattress refunds does he have to dole out now? $50mm?

Still up $25 million!

 

[BulldogBlitz]

Biggest check in sports betting history. collectively he made $75M with the Astros winning.

Not a bad day for the young fella.

I probably would have gotten. That in 1s and 5s. Those spent easier at platinum plus than checks back in the day.

 

[jethreauxdawg]

But how much in mattress refunds does he have to dole out now? $50mm?

And the $50mil he refunded probably cost him $10mil

 

[Shmuley]

Still up $25 million!

Net of taxes?

 

[Dawgzilla2]

But how much in mattress refunds does he have to dole out now? $50mm?

There is usually insurance to cover that. You basically convince an insurance company to bet against the 'Stros.

 

[paindonthurt_]

Net of taxes?

Gross
But he’s gonna write off the $50 million he gives back to customers and probably only made $15 million on the 50 in sales of mattresses so he’s still up with the bet.