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Started By
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1
Posted on 10/29/19 at 8:46 pm to kciDAtaE
quote:that was true in the past, but they wouldn't underwrite it this time around so he went the bet route
Word is he takes out an insurance policy if he has to give away free furniture. But I can’t confirm.
Posted on 10/29/19 at 8:49 pm to Gloryheauxl
quote:
Shouldn't everyone who bought $3k in furniture place a hedge bet of their own?
Why?
Were people just out there buying this furniture for the sake of the bet not because they needed new furniture?
Posted on 10/29/19 at 8:50 pm to LSULyle00690
I bought 17 mattresses so I really need Houston to win
Posted on 10/29/19 at 8:51 pm to I Bleed Garnet
quote:
Why? Were people just out there buying this furniture for the sake of the bet not because they needed new furniture?
Exactly. These were people in the market for bedding and went to Gallery instead of other options.
Posted on 10/29/19 at 9:25 pm to LSULyle00690
Mack is a phenomenal motivational speaker as well. He spoke at a show we had one time and it was awesome. Religious dude too.
Posted on 10/29/19 at 10:19 pm to LSULyle00690
(no message)
This post was edited on 10/29/19 at 10:20 pm
Posted on 10/29/19 at 10:22 pm to LSULyle00690
I’m sitting a few rows behind him if you’d like me to ask...
Posted on 10/29/19 at 10:26 pm to kciDAtaE
quote:
Exactly. These were people in the market for bedding and went to Gallery instead of other options.
I think he's suggesting if you spent 4k in furniture maybe put 2,000 bucks on the nats. So if the Astros win you get all that furniture for 2k. And if the nats win you still get it for only 2k.
As opposed to letting it all ride.
Posted on 10/29/19 at 10:27 pm to redwingtiger
quote:
I’m sitting a few rows behind him if you’d like me to ask...
Subtle "I know what the furniture king of Houston looks like" brag
Posted on 10/30/19 at 7:36 am to Chucktown_Badger
He also owns a thoroughbred stallion named runhappy. Was a great sprinter. He’s paying 100k to anyone who buys a runhappy baby and wins a race next year at Saratoga amddel mar
Posted on 10/30/19 at 9:59 am to vodka
Mack also was quite a runner himself. Therefore, the runhappy name for his horse. He ran many marathons over the years. In addition to all his Harvey donations, he has given millions to scholarships through the Rodeo (HLSR) and also he's given a lot to heart disease organizations. His dad and brother both died with heart problems and Mack (although not a smoker and an avid exerciser/runner) had a heart attack himself. He is a great speaker and overall classy person.
This post was edited on 10/30/19 at 10:02 am
Posted on 10/30/19 at 10:03 am to I Bleed Garnet
quote:
Although this article says he’s sold over 4K mattress’s as of the date of this article
so if everyone of those people buying a mattress spent the refundable 3 grand, that's still only 12 milion
Posted on 10/30/19 at 12:26 pm to Ed Osteen
quote:$3000 is the minimum some of those mattresses run up to $5k depending on all the “bells and whistles”.
o if everyone of those people buying a mattress spent the refundable 3
Posted on 10/30/19 at 1:23 pm to elprez00
quote:
But the real value is the insane amount of free press he’s gotten off of this.
i live in cincinnati, oh and am considering buying a mattress from this dude
Posted on 10/30/19 at 2:55 pm to LSULyle00690
Overall I'd say his bet was brilliant. Without the bets, he loses money if Houston wins and breaks even if Washington wins.
With the bets, he loses money if Washington wins, but breaks even if Houston wins (probably a small loss since he laid odds on most of the bets).
With the bets, he loses money if Washington wins, but breaks even if Houston wins (probably a small loss since he laid odds on most of the bets).
This post was edited on 10/30/19 at 2:56 pm
Posted on 10/30/19 at 2:58 pm to Overbrook
quote:
Overall I'd say his bet was brilliant. Without the bets, he loses money if Houston wins and breaks even if Washington wins.
With the bets, he loses money if Washington wins, but breaks even if Houston wins (probably a small loss since he laid odds on most of the bets).
Damn
It’s almost as if he’s hedging his bets
Posted on 10/30/19 at 2:59 pm to I Bleed Garnet
dude's got it all figured out
Posted on 10/30/19 at 3:03 pm to Ed Osteen
mattres mack is a genius. he figured out how much he might lose on furniture if the astros win. so he put a bet down where if the astros lose, his earnings from furniture create a profit over his lost bet money. and if the astros win, his bet winnings create a profit over what he has to cover in furniture
bond level genius stuff
bond level genius stuff
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