Drake Drops $400K in Bitcoin Bet on Jake Paul vs Tommy Fury Fight

  • Drake lost $400,000 betting on Jake Paul.
  • He also placed a bet $2 million on Israel Adesanya in November.

Jake Paul, a former YouTube star who chose to pursue a future in boxing, was defeated by Tommy Fury on Sunday night by a split decision. Paul has since apologized to Aubrey Drake Graham, a Canadian rapper who lost $400,000 in Bitcoin betting on Paul’s battle with Tommy Fury.

Earlier on Sunday, Drake disclosed his huge bet on Instagram. He posted screenshots of his bets in the Stake app, a platform for cryptocurrency casinos and sports betting, along with the cryptic caption, “I’m betting on this.”

Source: Twitter

According to the post, the rapper had a total stake of $400,000 and a possible payout of $1,440,000. Drake is well-known for placing sizable bets on well-known sporting events, and he frequently divulges his forecasts before each one. Additionally, he wagered $2 million in November on Israel Adesanya to defeat Alex Pereira at UFC 281. Pereira won by knockout in the fourth round, and Drake was out 2 million Canadian dollars. 

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