Bet 14.1 Billion KRW on Houston's World Series Win, Received Over 7 Times Return
Operates Furniture Retail Chain and Consistently Contributes to Houston Community and Customers

Jim McKinville greeting after throwing the first pitch in Game 6 of the World Series. Photo by AFP Yonhap News

Jim McKinville greeting after throwing the first pitch in Game 6 of the World Series. Photo by AFP Yonhap News

View original image

[Asia Economy Reporter Bang Je-il] A passionate fan of the Houston Astros in Major League Baseball (MLB) has won the highest amount ever in sports betting through this year's World Series.


On the 6th (local time), American media outlets such as the New York Post and CNN reported that Jim McKinville (71) won $75 million (approximately 105.8 billion KRW) by betting on Houston to claim the championship in the World Series. This amount is known to be the highest prize ever won in sports betting history.


McKinville placed a total of $10 million (approximately 1.41 billion KRW) across various sports betting companies on Houston winning this year's World Series. McKinville, who operates a furniture retail chain, is famous as a major player in the sports betting industry. He bet $3.5 million (approximately 490 million KRW) in 2019 and $3.25 million (approximately 460 million KRW) last year, but lost both times as Houston finished as the runner-up in the World Series. However, this year, with the Houston Astros winning the championship, he recouped his losses with $75 million at once.


McKinville's enthusiasm for sports betting is not driven by money alone. In 2017, he ran a promotion offering free mattresses to customers if Houston won, and when they actually won, he suffered a financial loss of about $13 million (approximately 1.83 billion KRW). Even after that, he provided benefits allowing customers who spent more than $3,000 (approximately 430,000 KRW) at his furniture stores to receive full refunds if Houston won.


Through sports betting, McKinville has enjoyed marketing and promotional effects and has consistently contributed to the Houston community. Whenever disasters struck?such as the 2016 flood, the 2017 hurricane, and last year's large-scale blackout?he operated his stores as temporary shelters to help residents who lost their homes.



This year, Houston entrusted McKinville with the ceremonial first pitch of Game 6, which decided the World Series championship. Local media reported that a significant portion of the money McKinville won will be returned to customers of his furniture retail chain. McKinville also promised a promotional campaign where customers who purchase over $3,000 at his stores this year will receive double their purchase amount if Houston wins, along with donations from the winnings to support local community soldiers. CNN reported that fulfilling this promise will require a considerable amount of money. After Houston's victory, McKinville stated in a press release, "I am proud to be a member of the city of Houston," and "I pray for God's blessings on the Houston Astros."


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing