Back to the MLB Newsfeed

Bettor Applies for Waiver to Bet More Than $5M on Astros to Win World Series

A petition has been filed requesting that the state of New Jersey's $5 million sports-betting wager cap be waived for an upcoming bet, according to a document PlayNJ discovered at the New Jersey Division of Gaming Enforcement website.

The Houston Astros are named in the petition, leading PlayNJ to assume that the bettor is banking on the team winning the World Series or, at the very least, the American League pennant.

Per PlayNJ, FanDuel online sportsbook is filing the waiver.

While the bettor's identity is unknown, PlayNJ is guessing that it may be Houston furniture retailerJim "Mattress Mack" McIngvale.