Sections

Advertisement

Mattress Mack lost $1.5 million on Kentucky Derby as Epicenter takes second

Is it actually a big sporting event if Mattress Mack isn’t betting on it? Lucky for the Kentucky Derby, its status as a big-time event is validated now that the famous sports bettor placed money on the big race.

How much money?

Mattress Mack didn’t bet all of the $4 million he had previously suggested he might, and it’s a good thing he didn’t.

Instead, Mattress Mack ended up placing a $1.5 million bet on Epicenter to win the race. Epicenter actually did well, finishing in second place at the 148th Kentucky Derby. But that’s not how Mattress Mack was going to make money.

It turns out that he should have instead put his money on Rich Strike, who won with the race’s longest odds (80-1) after being entered into the Kentucky Derby Friday, following a late scratch.

Imagine $1.5 million on 80-1 odds. Go ahead and do the math.

Add this to the long list of Mattress Mack lost bets.

Gannett may earn revenue from sports betting operators for audience referrals to betting services. Sports betting operators have no influence over nor are any such revenues in any way dependent on or linked to the newsrooms or news coverage. Terms apply, see operator site for Terms and Conditions. If you or someone you know has a gambling problem, help is available. Call the National Council on Problem Gambling 24/7 at 1-800-GAMBLER (NJ, OH), 1-800-522-4700 (CO), 1-800-BETS-OFF (IA), 1-800-9-WITH-IT (IN). Must be 21 or older to gamble. Sports betting and gambling are not legal in all locations. Be sure to comply with laws applicable where you reside.

More BetFTW