So if I’m reading this correctly:
1) He sells mattress products and offers a 100% rebate if the Astros win
2) He places bets that the Astros will win because no one will ensure his rebate offer.
3) The Rebate offer is believed to be worth ~$20M.
4) The bets will get him ~$15.5M
5) So if the Astros win the payouts from the bets would cover about 75% of his rebate offer or be ~4.5M short at this point?
I assume the reason he’s looking for additional bookies is to cover the additional gap he has on the rebate.
He probably has more bets out but they are calling it even due to 5 million evaluation in goodwill and free advertising etc.
He doesn’t look well. this may be the last year he does it. He gets a chance in the next election.
He is probably only rebating the mattress and not all of the extras. Think volume and publicity. No matter what happens, he will be a winner.
He is a good guy and his good deeds will be rewarded.
So if I’m reading this correctly:
1) He sells mattress products and offers a 100% rebate if the Astros win
2) He places bets that the Astros will win because no one will ensure his rebate offer.
3) The Rebate offer is believed to be worth ~$20M.
4) The bets will get him ~$15.5M
5) So if the Astros win the payouts from the bets would cover about 75% of his rebate offer or be ~4.5M short at this point?
I assume the reason he’s looking for additional bookies is to cover the additional gap he has on the rebate.
Kinda connected to the story as I am making a bet on getting a mattress that will last.
I am looking for a new mattress. I have bought 3 in 6 years and they all have divots in them. I am the divot....
#1 complaint in online searches is about depressions in the mattress after a short time. My last Beautyrest mattress was bought in July 2018. I have looked at regular mattress’s, hybrid, memory foam/latex/gel and they all look great except you won’t know till months go by and the divot starts.
Any suggestions?
Should I just buy cheap like $500 or less mattress or more expensive one like the $1,100 I spent the last time?
I intend to place my bet during the Thanksgiving sales.