The Houston Astros' heartbreaking, game-seven loss to the Washington Nationals in the World Series ended up costing Jim "Mattress Mack" McIngvale millions of dollars while saving New Jersey sportsbooks big losses.

McIngvale's bets, in and outside New Jersey, on the Astros' winning the World Series cost him over $11 million, which would have given him a $19 million profit, according to Darren Rovell, a sports business analyst and betting expert who works for Action Network.

Instead, the Astros fell to the Nats, 6-2, Wednesday in Houston.

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"It was a tough loss, but I have no regrets at all," McIngvale told the Press Thursday morning. "Kudos to the Nationals, but the sun came up this morning and it's going to be another good day. I love the Astros with all my heart, my heart is broken for the Astros and my customers, I really wanted my promotion to go through. However, you win some, you lose some, and you just have to move on from that."

From Friday to Sunday, after trailing 2-0 in the series, the Astros won all three games, securing profits to McIngvale of $889,212 from single bets, according to New Jersey sportsbooks Uniet and William Hill.

"I believe in the Astros," McIngvale told the Press on Monday. "I've watched them play all year."

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McIngvale's bets were also part of a promotion to his customers where he would give full refunds up to $3,000 if the Astros won. The bets were part of a hedge against the cost of the promotion, according to Rovell.

"I’ve been covering the betting business for 20 years and I am pretty sure this is the biggest bet of all time on one team collectively," Rovell told the Press on Monday.

McIngvale, an Astros fan for 25 years, said the team had a great and historic season and plans on making a large bet again if the team has another season like this.

"If the Astros have another 100-plus (win) season at the top of the (American League) again, I might have to," McIngvale said. "I'm very proud of this team. It was a great game with an exciting crowd till the seventh, but fell a little bit short and lost a lot of money."

Why New Jersey

When people think gambling, they usually think Las Vegas, so one could figure that would be the natural place for McIngvale to go to place his World Series bets. But, the reality is, McIngvale said, "New Jersey takes more (higher bets)."

One of the complicating factors, according to Rovell, is that there are not a lot of people betting on the Nationals, so there is not that much balance to offset McIngvale's massive bets. "He's challenging people to take his money."

Another reason McIngvale chose New Jersey is, he sees more value in the books here, Rovell speculated.

He added: "There is more competition within Jersey because there are so many apps, so I think he has more value to the books in Jersey."

Joshua Chung is a breaking news reporter. A lifelong Jersey Shore resident, he is a recent graduate of Michigan State University. Contact him at jchung@gannettnj.com, 732-870-7985, or on Twitter @Joshchunggg