Drake did it again! Another huge losing bet...

[aioc]

Yes, the famous canadian singer/actor has just "achieved" another big loss.
https://cryptopotato.com/here-is-how-much-bitcoin-btc-drake-lost-betting-on-the-nbas-final/
According some sources online he has lost around 500K USD in bitcoin while gambling on NBA finals.

I feel sorry for Drake not only for his losses because he can always regain that through concerts, sponsorships, and promotions but for how he became a notorious gambler and everything is recorded here on the internet imagine his children looking on the internet in the future and all they will see how he losses huge money easily I don't think his children will be proud of him on how he throws his fortune.
He should slow down on his vice or find a way not to hug the limelight by not posting his bets.

[Sg4j1n3ll0]

I still think that Drake does it on purpose to create hype in the betting world or in the portals where he plays, it's all a question of sponsors and advertising for the site he bets on, imagine being a casino that is interested in having new important customers and you think you have a singer followed by millions of people, you wouldn't be interested in having potential millions of customers who are interested in playing on your portal because they are willing to do anything to follow their idol, I'm not criticizing them I'm just saying that this is how it works and I don't see anything wrong with advertising, and most likely the money he lost won't even be his own

Somehow true, and I think even that huge amount of money is just a small thing to him. I mean, he is famous, and I'm sure he can earn it again, but of course, if he frequently loses that sum of money, there is a time that he might not be able to fix it again. And you are right, there might be a big chance that the money he is using came from sponsorship or partnership; he does that in order to promote the casino he is playing and maybe with an intention to hype the gambling community; nevertheless, no matter what his intention is, the huge amount of money is still a waste just to use for gambling. We can't imagine how huge gamblers waste just for their own satisfactions, but what can we say that is their money? We can't control them; we can only see or know the news about this kind of gamblers.

it could be true that perhaps a small part is played by him, if one is a bettor there is nothing wrong with being one if he can afford to lose those sums, let him do it, I won't be the one to judge him, in my opinion a part is certainly given as a sponsor by the casinos but because it is normal to have a partnership with someone who is already a bettor and also famous in any case if he can afford to lose those sums let him do it, in any case his moves are really risky by someone who doesn't understand not even what game he's playing

[wiss19]

He is still one of the official partners of Stake according to this and I wonder if he uses his own money for the bets because he usually promotes the platform through his social media handles and that is probably bringing a lot of business for the casino and maybe, only maybe they provide him the funds to make those bets, or maybe that's not happening and we are just making assumptions.

Even if he isn't using money given by the casino platform he is a partner with, I believe he can afford to lose that much money, and it's not like he is gambling all the time or is a gambling addict, he does it occasionally and he probably has fun doing it which is why he keeps making bets even after losing so much money.

[bakasabo]

We have been discussing more and only the losses of Drake, but I have not seen any posts where someone talks about his winnings too. If Drake can actually be betting and losing this kind of huge amount, there is a chance that he has also won a very huge amount in some bets because there is no way he will keep losing and still continue gambling with those huge amounts when he is not winning anything. Drake has also won in most of his bets, but I think he has lost far more than he has won in the past. Someone should do the analysis.

Thats normal on which people would really be always loving to have those talks about his loses and not into the wins. If you do tend to look for some article or news about his winnings then you couldnt really be able to see it. We do know that when it comes to winning then it would really be something that making up some noise not unless if the amount would be significant but since we do know that this guy is a heavy gambler or bettor then it would really be understandable that wins would be massive too. Here are sample things that i have seen.

Rapper Drake wins £1million from huge bet on UFC 300 world title fight
Drake wins over £200k from huge cricket bet as India beat Pakistan in T20 World Cup
https://www.mirror.co.uk/sport/other-sports/mma/drake-alex-pereira-ufc-300-32582600
https://www.mirror.co.uk/sport/cricket/drake-bet-t20worldcup-india-pakistan-32994301

It is really just that it isnt really that getting much attention when it comes to wins but rather people focusing on his loses. lol

That what I have been talking about. If he wins, he gets more rich and people dont care about it. They see this all the time. But when he losses, that is always a good object of discussion. Nevertheless, if he wins or losses, it is really not our business to discuss his money. We can either congratulate him, or wish luck next time. Counting other persons money for me seems wrong and low.

[ultrloa]

We have been discussing more and only the losses of Drake, but I have not seen any posts where someone talks about his winnings too. If Drake can actually be betting and losing this kind of huge amount, there is a chance that he has also won a very huge amount in some bets because there is no way he will keep losing and still continue gambling with those huge amounts when he is not winning anything. Drake has also won in most of his bets, but I think he has lost far more than he has won in the past. Someone should do the analysis.

Thats normal on which people would really be always loving to have those talks about his loses and not into the wins. If you do tend to look for some article or news about his winnings then you couldnt really be able to see it. We do know that when it comes to winning then it would really be something that making up some noise not unless if the amount would be significant but since we do know that this guy is a heavy gambler or bettor then it would really be understandable that wins would be massive too. Here are sample things that i have seen.

Rapper Drake wins £1million from huge bet on UFC 300 world title fight
Drake wins over £200k from huge cricket bet as India beat Pakistan in T20 World Cup
https://www.mirror.co.uk/sport/other-sports/mma/drake-alex-pereira-ufc-300-32582600
https://www.mirror.co.uk/sport/cricket/drake-bet-t20worldcup-india-pakistan-32994301

It is really just that it isnt really that getting much attention when it comes to wins but rather people focusing on his loses. lol

That what I have been talking about. If he wins, he gets more rich and people dont care about it. They see this all the time. But when he losses, that is always a good object of discussion. Nevertheless, if he wins or losses, it is really not our business to discuss his money. We can either congratulate him, or wish luck next time. Counting other persons money for me seems wrong and low.

Maybe because they want the guy to lose? Since as you notice there are less discussions happening when Drake win but when he lose a lot of money there are lots of negative discussion floating up like he's been addicted and whatsoever. But I still find the guy entertaining since imagine he can able to bet huge amount on gambling and for us ordinary people its mind boggling since we might hard to accept the possibilities that we might lose a lot of money for the bets we made on the casino and we can't afford that to happen.

But also I saw a lot of videos of wins of Drake then find it amazing since we can see that he's really enjoying and maybe he's just ignoring those amount he spend because he's capable to waste his money and enjoy because he's damn rich.

[hedgeh0g]

In my opinion, topics about celebrities who lost a large amount of money in gambling, in particular Drake, do not evoke absolutely any emotions in me, because I consider this brilliant marketing and black PR so that his name is heard more often, as well as the bookmaker’s office in which he lost. Many publications will write about this and don’t even have to pay. And now the most important thing is that this bookmaker’s office has entered into an agreement for Drek to advertise this establishment for tens of times more than he lost. I also extremely doubt that this was a real amount, and even if there was, they would credit him with it again for the game, if only he continued to do this and appear in the news feed.

It all comes down to the fact that bookmaker establishments have very large sums of money, especially the largest of them, and allow themselves crazy advertising campaigns, and everything else, like the news from the OP, does not affect me in any way, because I understand how it works, and many people really believe in it and go crazy from such news.

[bakasabo]

In my opinion, topics about celebrities who lost a large amount of money in gambling, in particular Drake, do not evoke absolutely any emotions in me, because I consider this brilliant marketing and black PR so that his name is heard more often, as well as the bookmaker’s office in which he lost. Many publications will write about this and don’t even have to pay. And now the most important thing is that this bookmaker’s office has entered into an agreement for Drek to advertise this establishment for tens of times more than he lost. I also extremely doubt that this was a real amount, and even if there was, they would credit him with it again for the game, if only he continued to do this and appear in the news feed.

It all comes down to the fact that bookmaker establishments have very large sums of money, especially the largest of them, and allow themselves crazy advertising campaigns, and everything else, like the news from the OP, does not affect me in any way, because I understand how it works, and many people really believe in it and go crazy from such news.

I can say a little bit different - from topics how celebrities lose large amounts we dont learn anything new. First of all, we cant blame them for spending their money, we cant say they were reckless with money. We can only learn that big money are circulating in gambling industry, but we knew that before. Most important, Drake never complained about loosing, nor boasted with his huge wins.

[LFC_Bitcoin]

I’m not sure if I even believe he makes these bets. Yeah sure he posts a bet slip but it could easily be in test mode, set up by the book.

It’s well known Drake has had a relationship with Stake over the years. My theory is they pay him to post and it works for both of them, they both make money.

[rahmad2nd]

he is also into NHL?
i don't know what sport is he really into. he has been busy losing in UFC and then in the Grand Prix. for all we know the money (BTC) he bets on stake is not his right? so most of the article released about him losing may still be stake sponsored.

You can be into many sports while gambling. At least I gamble with football, tennis and boxing and yet I went to casinos to play some roulettes which is far more relaxing for me. So that does not mean. But I do not like how Drake lose more than win. He has a net worth of $250 million and he may see the money as what he can afford to lose.

I don't follow in Drake's adventurous footsteps with his gambling, but it seems he likes to bet on various sporting events. I read about his defeat not only this time, in fact I still remember when Drake became a topic of discussion when he lost the bet for Barcelona in the El Clasico match. looking at the amount of money he spent, it was very big for me. However, referring to his net worth, the amount he spends on betting is only a small percentage. Which caught my attention and made me a little curious, does Drake rarely share his winnings from his bets on social media? This can also answer the question above, whether the money he lost was purely his own money. yeah, regardless of his net worth, because as far as we know, Drake is one of the famous figures who has collaborations with casinos.

But apart from all that, I see that he really likes betting. Unfortunately, we only see the defeat side. I don't know, the point is, maybe because I don't have extensive information, especially regarding the gambling of this phenomenal rapper. However, over time, this rapper became quite unique with his gambling style. Unfortunately, I only bet on football, that's why I don't really follow this artist's bets. although in the case of the El Classico match we experienced the same defeat. The difference is, Drake and I have very unequal differences based on the amount of money bet, but one thing is the same, both he and I, bet with a portion according to our respective abilities.

[hedgeh0g]

In my opinion, topics about celebrities who lost a large amount of money in gambling, in particular Drake, do not evoke absolutely any emotions in me, because I consider this brilliant marketing and black PR so that his name is heard more often, as well as the bookmaker’s office in which he lost. Many publications will write about this and don’t even have to pay. And now the most important thing is that this bookmaker’s office has entered into an agreement for Drek to advertise this establishment for tens of times more than he lost. I also extremely doubt that this was a real amount, and even if there was, they would credit him with it again for the game, if only he continued to do this and appear in the news feed.

It all comes down to the fact that bookmaker establishments have very large sums of money, especially the largest of them, and allow themselves crazy advertising campaigns, and everything else, like the news from the OP, does not affect me in any way, because I understand how it works, and many people really believe in it and go crazy from such news.

I can say a little bit different - from topics how celebrities lose large amounts we dont learn anything new. First of all, we cant blame them for spending their money, we cant say they were reckless with money. We can only learn that big money are circulating in gambling industry, but we knew that before. Most important, Drake never complained about loosing, nor boasted with his huge wins.

I wouldn't be surprised if these headlines continue, but they won't have the same effect with Drake. Probably these could be other celebrities who are famous all over the world. However, although Drake indirectly influences the minds of some players and people who are not familiar with gambling, this may be a decisive step for many of his fans to register with his promo code. I also remembered that Drake has a famous song and video called GODS PLAN, where Drake donated $175,000 during the filming of the video, giving it to random residents of Miami. That's why he sometimes does charitable acts, even outside of this video. In any case, we will never know which had the greater effect, how many people started playing because of him and lost money, or how many he helped with charity.

[tygeade]

There are two things that makes this possible. First of all, Drake is insanely rich, and he keeps making more money than he loses on gambling or spends on whatever, he really doesn't need to worry about money. He could stop working at stay at home all day everyday and still would not run out of money until he dies, he is that rich.

Secondly, I am pretty sure that some of these are fake, like he probably doesn't deposit this much, sometimes he does, but sometimes stake probably "stakes" him, and that's how he gambles, so he gambles until he loses, and doesn't withdraw anyway. Second one could be wrong, that is something I feel, but just an opinion, but first one is a fact that is true because you can see how much money he is making.

[knowngunman]

I think it is time for me to place my bet against Drake's bet which is I will be that Florida Panthers will win the match. It will be a good opportunity for me to make a good win since Drake bets are always the opposite after the match.

Will I say that Drake is a whale with the way he bets huge amount of money with bitcoin. This dude is too rich that he doesn't know what to do with his funds. He shoukd consider hoping the poor with these funds, but I think he also needs the profit.

Lol! You will be shocked the day you ever try that. He will probably win his while you will be the one to lose, it's the nature of gambling whenever one try to outsmart it. Without doubt, he is a whale and has no reasonable things to spend is money on. Although, we don't have right to tell how someone is going to spend their money but Drake doing is not the right way to spend money that someone genuinely work for. I know he's super rich and possibly not feeling the pain of losing such huge amounts of money but I wonder how some one would feel entertained losing such amounts of money all in the name of gambling for fun. These amounts of money is enough to impact people's lives out there and he could still use some part of it to gamble for fun. I see it as total waste of money regardless of how wealthy someone is or how much money they make often. To get entertained in gambling doesn't require a gambler to bet with insane amount of money.