The Gallery Furniture founder bet $1.5 million on the Horned Frogs to knock off defending champ Georgia.
McIngvale routinely makes multimillion-dollar sports bets as a way to hedge against his Gallery Furniture in-store promotions that usually offer customers their money back on certain purchases if a team wins a big sporting event.
In this case, the store is offering customersMcIngvale did the same on the Astros last year and paid back customers more than $70 million after the World Series. Of course, he could afford it since he had bet $10 million on the Astros to win it all early in the season andMcIngvale also has a huge wager on the University of Houston winning the basketball national title. So far, he's bet
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