Drake has been criticized for posting his gambling exploits on Instagram, showing losses of over $8 million for the month from bets of $124 million.
Drake Gambling Losses Spark Public Backlash
Several celebrity news outlets criticized the post, showing users reacting negatively to the revelations. A daily dot article showed users commenting that, “This is so disgusting and embarrassing,” and “That makes me sick af just looking at it and its not even my money,”
Drake Gambling Losses Spark Public Backlash Drake Gambling Losses Spark Public Backlash, he commented, “People keep saying, enough with the Stake posts. Enough with the Stake posts, what are you some sort of gambling addict? Am I a gambling addict? Yeah, I’m addcited to being signed to the biggest gambling company in the world.”Losing big on NBA Playoffs
Drake Gambling Losses Spark Public BacklashLats year, Drake also placed a large bet at Stake’s online sportsbook on the playoffs, staking $500,000 on the Dallas Mavericks who lost out to the Boston Celtics.
This year’s playoffs also caused Jay-Z to lose big. The rapper, who has invested in Fanatics sportsbook, placed a $1 million bet on Oklahoma to win the series 4-1. The loss is offset by his $350 million investment in the company, which is now valued at $475 million.
Bet against the Drake curse
In addition to losing on the NBA, Drake has also posted a series of losing bets on other sports. One of the larger ones was a $1 million bet on Argentina to win the World Cup over 90 minutes (they won on penalties).
A series of unsuccessful bets on boxing and MMA have also led to the “Drake curse” being coined. He lost $615,000 on Tyson Fury defeating Oleksandr Usyk, $700,000 on the UFC fight between Sean Strickland and Du Plessis, as well as $355,000 on the Jake Paul vs. Mike Tyson fight.
Drake Gambling Losses Spark Public Backlash. Drake Gambling Losses Spark Public Backlash
Adam is an experienced writer with years of experience in the gambling industry. He has worked as a content writer and editor for five years on sites such as Oddschecker, CoinTelegraph and Gambling Industry News, bringing excellent knowledge of the world of sports betting and online gambling. Adam focuses on emerging stories in the ever changing landscape of betting in the US. Read the latest on prediction markets, changing legislation, and sweepstakes.
