One bettor is placing a huge wager on the Tennessee Titans to beat the Kansas City Chiefs in the AFC Championship Game.
In such a big game as the one between the Kansas City Chiefs and Tennessee Titans on Sunday, there are some bettors who are pushing all of their chips to the center of the table, so to speak.
One of those bettors is Gallery Furniture founder Jim “Mattress Mack” McIngvale, who has put down $1 million on the Titans to beat the Chiefs straight up.
According to Darren Rovell of The Action Network, such a bet will lead to McIngvale pocketing $3 million if he wins it.
It must be nice to have disposable income like that, eh?
Also per Rovell and The Action Network, there is another bettor who stands to make a $75,000 profit should Tennessee beat Kansas City in the AFC Championship Game.
After the Titans lost to the New Orleans Saints in Week 16, 26-year-old Ben Patterson, who is a Dallas Cowboys fan, placed a $1,500 bet on Tennessee to win the AFC Championship Game against what was obviously an undetermined opponent at the time.
"There, he found an interesting proposition. For $1,500, he could buy a ticket for the Titans to win the AFC Championship. The bet was originally placed at the South Point in Las Vegas for $1,000 to payout $76,000 total ($75,000 net).Factoring in his $1,500 investment, Patterson was essentially getting the Titans at 50-1 odds to win the AFC, much better than the 38-1 he was seeing in the market. So he bought it."
To make this situation more gutsy, Patterson shopped around his ticket to see what he could get for it after the AFC Championship matchup was determined, and the best bid was $19,000, which would have netted Patterson over $17,000.
In the end, Patterson said he decided to “let it ride”.
"“The difference between (grossing) $17,000 and $76,000 is just too big,” Patterson said. “I have to let it ride.”"
Now that’s faith.
Tennessee and Kansas City will kickoff at 2:05 p.m. CST, and both Patterson and McIngvale could have a few more bucks to spend if the Titans can pull off another upset.