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What is the biggest payout for Sportsbet?

According to multiple reports, the $75 million USD is believed to be the largest payout in sports betting history after he placed $10 million USD in bets across several sportsbooks.

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Mattress Mack is laughing all the way to the bank.

The Astros superfan, whose real name is Jim McIngvale, raked in $75 million USD ($117m AUD) in winning bets after Houston won the 2022 World Series on Saturday, defeating the Phillies in Game 6. According to multiple reports, the $75 million USD is believed to be the largest payout in sports betting history after he placed $10 million USD in bets across several sportsbooks. Mattress Mack, the 71-year-old who owns the Gallery Furniture chain, initially placed a $3 million USD bet on the Astros to win the World Series with Caesars Sportsbook. “What can we say? We just wrote the biggest check in sports betting history to Mattress Mack for $30,000,000,” Caesars Digital COO Ken Fuchs said Saturday night, according to ESPN. ‘Want to vomit’: America’s most hated team wins World Series for first time after cheating scandal A chunk of Mattress Mack’s winnings will go toward paying customers on a promotion he ran at his furniture store, which gives customers refunds of double what they paid if they spent at least $3,000. He is known for running massive promotions at his furniture stores that gives customers their purchases for free, and then some, if local teams win championships. He then hedges those promotions with big bets on said teams. Thus, while Mack would prefer the Astros win the World Series, and he wins his bets, he makes off well financially even if the Phillies emerge victorious. “Oh, it’s definitely a win-win,” McIngvale told ESPN last week. “These promotions just bring the brand to life and give us a ton of brand equity that we wouldn’t have otherwise.” Watch The Biggest Sports from The US with ESPN on Kayo. NBA, NHL, MLB & NFL. Live Coverage Every Week in Season. New to Kayo? Start your free trial now > One of the bets Mattress Mack placed was a $1 million USD wager on 5/1 odds at Betfred, which its U.S. COO, Bryan Bennett, told ESPN was “significantly larger” than any bet the company has taken since opening stateside. Things were looking bleak for Mattress Mack after the Phillies won Game 3 to take a 2-1 series lead. Mack was in Philadelphia for the games and got into an expletive-filled argument with Phillies fans after that loss. “F – k you!” Mattress Mack could be seen yelling at a group of Phillies fans, who presumably were heckling him before filming of the viral video began. “F – k you, you asshole! F – k you!” Mattress Mack, who threw out the ceremonial first pitch in Houston before Saturday’s game, released a long statement on Twitter after the Astros’ World Series win which said, in part, “I love y’all. I love this city. I would do anything for this city, and I would do anything for you.” This story originally appeared on the NY Post and is reproduced with permission.

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Do people sportsbet for a living?

Yes. Sports betting can be a career if you make it your full-time job and put in the hours. While only a small percentage of sports bettors are profitable in the long run, it's possible to become one of those individuals. First, you need to follow the basics.

Can sports betting be a career?

Yes. Sports betting can be a career if you make it your full-time job and put in the hours. While only a small percentage of sports bettors are profitable in the long run, it's possible to become one of those individuals. First, you need to follow the basics.

Set a bankroll

Study

Shop Odds

Don't trust others

Grow Your Bankroll

If you can turn a profit after a certain amount of time, the next step is to gradually grow your bankroll. If you continue to have success betting on sports, it's not going to be a one bet and you're done kind of thing. It's important to abide by the unit rule and limit wagers from one to five units per bet. Just because you really like one matchup doesn't mean you should put all of your money into it. Successful bettors steadily grow their bankrolls and don't fall into the trap of becoming overconfident.

It's not easy, but it's possible

While you can become a full-time sports bettor, getting "rich" is another story and one that's unlikely to happen no matter how successful you become. To turn a positive, you have to hit more than 52.4% of your bets, though that depends on what kind of odds you're getting. It may be possible to hit more than 60% for a season, but doing that consistently, year-after-year, is another question. No matter how good a bettor is, they will likely hit a cold streak at some point in their lives, which takes a chunk out of their bankroll, which is why it's important to limit your action on every bet.

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