Cost of the insurance for Ashley Furniture, Aggies’ sponsors, $ 150 thousand.
Benefit of the promotion, one million in August sales the best month in 8 years’ in business.
Picked to LOSE by 10 and a half points, instead they beat the lamecocks by 24.
The insurance company thought they could go with the odds, even though this the 1st game of the season for both teams, when both teams are ranked in the polls.
Insurance companies, boobs of college football Las Vegas odds, obviously do not know that Las Vegas puts lines on bets so as to insure the MOST BETS, not what they think the score will be.
The cost of the million dollars in furniture is $ 500,000, and the cost of the insurance is $ 150,000.
The profit from the sales is $ 500,000 less the cost of the insurance, so Ashely Furniture pocketed a third of a million in profits in August alone. If they did that all year long, Ashley Furniture would pocket $ 4.2 million in profits annually.