The buildup to Super Bowl LX has drawn some of the largest wagers sportsbooks have reported this season, with high-profile bettors and long-standing futures tickets shaping the market ahead of the Feb. 8 matchup between the Seattle Seahawks and the New England Patriots. At the center of the betting attention stands Houston furniture retailer Jim “Mattress Mack” McIngvale, whose latest wager tops all known Super Bowl bets so far and adds to a broader wave of six and seven-figure action.
McIngvale placed a $2 million bet at Caesars Sportsbook on the AFC to win Super Bowl LX, a wager that effectively backs the Patriots at 2-1 odds against the Seahawks. Caesars confirmed that the bet, made before the AFC Championship Game, stands as the largest reported Super Bowl wager this year. If New England wins, the bet would return a $4 million net payout.
As in past seasons, McIngvale paired the wager with a retail promotion at his Gallery Furniture stores. Customers who spend $4,000 or more on qualifying purchases will receive a full refund if the Patriots defeat Seattle. McIngvale has used similar strategies for years to offset the financial exposure created by such promotions, most notably during the Houston Astros’ 2022 World Series run, when he collected more than $72 million in winnings.
After sitting out last year’s Super Bowl betting while recovering from heart surgery, McIngvale said several factors led him back this season. “I really like their quarterback [Drake Maye], coach [Mike Vrabel] and offensive coordinator [Josh McDaniels], plus Robert Kraft is always there,” McIngvale told ESPN.
Sportsbooks Track Million-Dollar Bets and Heavy Futures
McIngvale’s wager surpassed a $1.1 million money-line bet placed at Circa Sports earlier in the week on New England at +188 odds. That ticket would net nearly $2.1 million if the Patriots win outright. Last year’s Super Bowl between the Kansas City Chiefs and Philadelphia Eagles did not feature any disclosed bets of $1 million or more, making the early volume for Super Bowl LX notable.
Other large wagers have followed quickly. Caesars reported immediate five-figure action once the matchup became official. “Within seconds of opening odds, we accepted a $36,000 wager on the Seahawks -4.5, and a $55,000 wager on New England +4.5,” said Caesars head of football Joey Feazel. “Action will be furious for the next two weeks as we have a marquee matchup.”
Futures bets placed months earlier have also come into focus. A bettor at BetMGM in Nevada put down three separate $50,000 tickets on Seattle during the preseason. Two of those wagers have already paid out, including a $1.4 million win on the Seahawks to claim the NFC. That bettor still holds a Super Bowl ticket at +6000 odds that would deliver another $3 million if Seattle wins.
Additional futures include a $30,000 Patriots ticket at +2200 odds at BetMGM and a $10,000 bet at DraftKings at +8000, each offering substantial six-figure returns if New England prevails. Circa also reported a $100 exacta wager on Seahawks over Patriots at odds of 3100-1, which would pay $310,000 if the final result matches precisely.
How Betting Liability Shifted Through the Playoffs
Earlier in the postseason, sportsbooks monitored exposure tied to other contenders. After the divisional round, BetMGM trading manager Halvor Egeland noted Seattle’s position on the board. “The Seahawks are the favorites to win the Super Bowl and the biggest remaining liability,” Egeland said after the divisional round. “A Rams-Patriots Super Bowl matchup would be the best outcome for the futures book.”
Long-shot tickets also influenced risk calculations. BetMGM senior trading manager Tristan Davis pointed to Chicago’s postseason surge before the Bears were eliminated. “The Bears’ epic comeback against the Packers was the best result of Wild Card Weekend for customers. Chicago’s odds to win the Super Bowl continue to shorten and the Bears are the biggest remaining liability to lift the Lombardi Trophy,” Davis said.
With the field now narrowed to Seattle and New England, sportsbooks continue to balance incoming wagers against earlier exposure. As kickoff approaches, the combination of marquee bettors, early-season futures, and promotional strategies tied to the game underscores how Super Bowl LX has already produced one of the most active betting environments in recent years.
