Houston Furniture Store Loses $7 Million Bet On Super Bowl XLVIII [VIDEO]

Jim McIngvale, a.k.a. 'Mattress Mack,' owner of Houston, Texas furniture store Gallery Furniture, loss a substantial amount of money after betting on the Denver Broncos to win Super Bowl XLVIII. We all know how that ended. So how much did he have to pay up exactly? 

More that 1,000 customers participated in the furniture stores 'Pigskin Promotion,' and according to KHOU, McIngvale says paying up the more than $7 Million to his customers was worth it. And get this, this isn't the first time he's done a promotion like this.

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