$1 million bet wagered on 49ers to beat Chiefs in the Super Bowl

Kyle Terada-USA TODAY Sports

Most of the money heading into Super Bowl LIV has been bet on the Kansas City Chiefs taking out the San Francisco 49ers.

Leave it to Houston area legend and Mattress Mack owner Jim McIngvale to change that in one fell swoop.

The dude just dropped $1 million on San Francisco to take out Kansas City. This is not a typo. It also comes with a pretty awesome caveat.

A $1 million bet to win $200,000. That’s a bold strategy, cotton.

McIngvale is known for making these types of bets in the past and tying them in with promotions.

San Francisco currently finds itself as 1.5-point underdogs against the Chiefs head into the Super Bowl in Miami on Sunday.