Canadian rapper and singer Drake lost $400,000 worth of bitcoins after betting that YouTuber-turned-boxer Jake Paul would beat Tommy Fury by knockout. Drake could have potentially raised a $1.44 million bitcoin payment, but Fury won the fight in a split decision victory.
Drake Loses $400,000 Bitcoin Bet on Jake Paul Fight
On February 26, 2023, in Diriyah, Saudi Arabia, YouTuber-turned-boxer Jake Paul’s winning streak was stopped by Tommy Fury, Mike Tyson’s half-brother. The fight was close, with Fury winning via split decision (74-75, 76-73, 76-73), despite Paul dropping Fury in the eighth round. Paul had six straight wins under his belt before losing to the Fury on Sunday. Before the fight, rap star and actor Drake placed a $400,000 bet in bitcoins, or approximately 17 BTCabout Paul winning the fight via knockout (KO).
Drake took to Instagram and He showed your bet, which was placed on the crypto betting platform Stake. “Knock knock,” Drake said, with a door emoji. The screenshot Drake shared showed that if Paul had won the fight, he could have cashed in $1.44 million in bitcoin. Drake is known for placing various bitcoin bets, as the 36-year-old rapper bet $472,000 in bitcoins that the LA Rams would win against the Bengals in the Super Bowl. The Rams won 23-20 that game and Drake won $240,000 on the bet.
Duck lost $275,000 in BTC when he bet on the fight of the mixed martial arts fighter Jorge Masvidal, and also lost $234,000 in bitcoins when Charles Leclerc didn’t win the Spanish Grand Prix. The rap star enjoys placing bets on sports, and a famous instance It was when Drake endorsed Conor McGregor at UFC 229, but McGregor lost the fight to Khabib Nurmagomedov.
There is an ongoing online prank right now called ‘drake’s curse‘, and as the joke goes, if the rapper endorses a person, they are likely to lose. After the fight and speaking at a post-fight press conference, Paul joked about Drake’s bet.
“F***! This is Drake’s fault! Pablo saying. “Drake, brother, why did you do this to me? It’s not my fault. $400,000 is nothing to him, he’s made a lot more money betting on me before. It’s probably on point even now. Sorry Drake, I’ll get that win in the rematch,” added the fighter.
What do you think about Drake losing $400,000 in bitcoins after Jake Paul lost his fight against Tommy Fury? Let us know what you think about this topic in the comments section below.
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