Drake Wagered $1.3 million in super bowl bet using bitcoin

[Russlenat]

Yes mate, exactly! It is already believed that Drake has a gambling addiction or problems, but a $1.3 Million bet on his name is not that much to him, maybe to us it is a big deal because it's over $1M, but as we see, he is not that hesitant to bet large sum of money considering that he has a net worth of $180 Million and an assets that will continue to produce him money.

At least he knows that his kids are watching him doing gambling activities, hopefully his kids knows that their father's gambling addiction isn't worthy to follow.

Certainly, it's a big amount for us and we don't have the balls like him to bet with such huge bets.

That's a lot of money to us and maybe to him as well but compared to his net worth. It's going to be a manageable loss if ever he losses that amount.

He'll just get back on it and bet again until he gets it back. But needless to say, he had won.

Definitely it is a huge amount for us and frankly, I don't have the balls to bet like him or at least half of my monthly wage

Drake had 2 bets, first is on the Los Angeles Rams to win and second is on Beckham Jr to score even 1 touchdown. Well, luck is on his side that time because he got those two bets correctly and won a total of $1.4 Million in bitcoin. What a bet, isn't it?

[Silberman]

I think that bet was just to attract other bettors to follow him and I'm sure a lot of them did just like that as sheep effect can be huge sometimes , especially if a superstar promotes it. Personally, I will never follow someone known regarding bets because they can afford to lose and also they're doing for entertaining and maybe for the bookies but wagering with BTC in that amount it's just wow and I'm sure he has a lot of cryptocurrencies if he made that bet.

Overall , it was a great promo for both BTC , Super Bowl and even bookies as well and a bad one of gamblers haha.

Without a doubt this was done in order to promote himself, but that is not bad on itself, after all famous people live out of their image so if he wants to project the image of a big gambler with cryptocurrencies then that plays in our favor, after all despite the popularity of bitcoin many still think of it as nothing more but an investment, if they can see they can do a lot of stuff with it then they will begin to think out of it as a currency, and that is a good thing as that is exactly what bitcoin is.

[Distinctin]

I don’t think we could compare ourselves and gaming habits with Drake. First of all, he has enormous financial resources, so such amount which can be considered to be a spending balance of a addict for us is not really a determining factor for him to be considered one. But then again, if he really has gambling addiction, I don’t think that we also have a say about him being affiliated with stake or any other casino. At the end of the day, it is our decision if we’ll let ourselves be influenced by his actions or take the higher road.

As the saying goes, "gamble what you can afford to lose", of course we don't have millions so we cannot afford to gamble that amount. Drake is a millionaire, he can gamble at that range because he can easily make that money, but hopefully he is not a compulsive gambler as one can easily get bankrupt if they cannot control their gambling habit.

Obviously, such acts like betting $1.3 million dollar in one event is only possible to millionaires like Drake who continually earns large sums even if he act lazy for a month and that bet alone was indeed a huge amount for someone who can't afford but for people like Drake maybe they can earn that amount in a few weeks even if they lost that bet.

Actually, I searched for Drake's assets and found out that aside from being a hip-hop artists, he is also owns a record label (studio), a clothing line and a portfolio of real estates which explains the fact the he is in the 3rd list of Forbes highest paid hip-hop artists.
Link: https://www.businessinsider.com/photos-drake-net-worth-real-estate-music-business-2019-9

[madnessteat]

I don’t think we could compare ourselves and gaming habits with Drake. First of all, he has enormous financial resources, so such amount which can be considered to be a spending balance of a addict for us is not really a determining factor for him to be considered one. But then again, if he really has gambling addiction, I don’t think that we also have a say about him being affiliated with stake or any other casino. At the end of the day, it is our decision if we’ll let ourselves be influenced by his actions or take the higher road.

As the saying goes, "gamble what you can afford to lose", of course we don't have millions so we cannot afford to gamble that amount. Drake is a millionaire, he can gamble at that range because he can easily make that money, but hopefully he is not a compulsive gambler as one can easily get bankrupt if they cannot control their gambling habit.

If he had a gambling addiction he would have gone bankrupt a long time ago. If he is still a millionaire then he is in good control of himself and his money. I could be wrong, but it seems to me more and more that his winnings are a kind of advertising campaign aimed at attracting new users to Stake.com. If that's the case then it turned out to be a very successful campaign so talk of him winning has been going on and on.

[ethereumhunter]

Yes mate, exactly! It is already believed that Drake has a gambling addiction or problems, but a $1.3 Million bet on his name is not that much to him, maybe to us it is a big deal because it's over $1M, but as we see, he is not that hesitant to bet large sum of money considering that he has a net worth of $180 Million and an assets that will continue to produce him money.

At least he knows that his kids are watching him doing gambling activities, hopefully his kids knows that their father's gambling addiction isn't worthy to follow.

I'm sure Drake has other businesses that can provide him with income aside from what he does, which allowed him to earn such a fortune. With such a large stake and having a gambling problem, it won't be easy to deal with it but Drake has made it this far and chances are, he'll be betting on something else again.

Hopefully, his children can help his father overcome his gambling addiction because, after all, gambling addiction problems can become big if not accompanied by strong self-control.

[Jasad]

Yes mate, exactly! It is already believed that Drake has a gambling addiction or problems, but a $1.3 Million bet on his name is not that much to him, maybe to us it is a big deal because it's over $1M, but as we see, he is not that hesitant to bet large sum of money considering that he has a net worth of $180 Million and an assets that will continue to produce him money.

At least he knows that his kids are watching him doing gambling activities, hopefully his kids knows that their father's gambling addiction isn't worthy to follow.

I'm sure Drake has other businesses that can provide him with income aside from what he does, which allowed him to earn such a fortune. With such a large stake and having a gambling problem, it won't be easy to deal with it but Drake has made it this far and chances are, he'll be betting on something else again.

Hopefully, his children can help his father overcome his gambling addiction because, after all, gambling addiction problems can become big if not accompanied by strong self-control.

Maybe they have style with gambling and have win much money with gambling site and the fantastic amount share on his bet slips make as more surprise looking that amount, usually I just reach about $100 to $300 for each single bet slips but now I was shy for sharing about my bet slips because very small amount with my betting bet. I think they have good financial when start with gambling and about how much money use for gambling is not really problem for them and keep try how to show bigger bet slips amount maybe next time, more crazy I saw on that site because many gamble bet much money there.

[sunsilk]

Yes mate, exactly! It is already believed that Drake has a gambling addiction or problems, but a $1.3 Million bet on his name is not that much to him, maybe to us it is a big deal because it's over $1M, but as we see, he is not that hesitant to bet large sum of money considering that he has a net worth of $180 Million and an assets that will continue to produce him money.

At least he knows that his kids are watching him doing gambling activities, hopefully his kids knows that their father's gambling addiction isn't worthy to follow.

Certainly, it's a big amount for us and we don't have the balls like him to bet with such huge bets.

That's a lot of money to us and maybe to him as well but compared to his net worth. It's going to be a manageable loss if ever he losses that amount.

He'll just get back on it and bet again until he gets it back. But needless to say, he had won.

Definitely it is a huge amount for us and frankly, I don't have the balls to bet like him or at least half of my monthly wage

Drake had 2 bets, first is on the Los Angeles Rams to win and second is on Beckham Jr to score even 1 touchdown. Well, luck is on his side that time because he got those two bets correctly and won a total of $1.4 Million in bitcoin. What a bet, isn't it?

But we're probably sure to bet such as he do if we're wealthy like him.

Yep, that's the bet that everyone would surely celebrate if someone's become a millionare on an instant. I guess the next superbowl would also be exciting and it's due to his bets.

There could be some celebrities that might do the same as his to get the attention of everyone.

[KTChampions]

I'm sure Drake has other businesses that can provide him with income aside from what he does, which allowed him to earn such a fortune. With such a large stake and having a gambling problem, it won't be easy to deal with it but Drake has made it this far and chances are, he'll be betting on something else again.

Hopefully, his children can help his father overcome his gambling addiction because, after all, gambling addiction problems can become big if not accompanied by strong self-control.

He has several lines of business (clothes line, record label, etc.) and he can certainly afford to make unnecessary expenses. But what makes you think that he has a gambling addiction? The fact that he made several bets does not mean anything. Perhaps this is just an advertising campaign or an action to stay in the information field (for him this is the most important business).

[xSkylarx]

If he had a gambling addiction he would have gone bankrupt a long time ago. If he is still a millionaire then he is in good control of himself and his money. I could be wrong, but it seems to me more and more that his winnings are a kind of advertising campaign aimed at attracting new users to Stake.com. If that's the case then it turned out to be a very successful campaign so talk of him winning has been going on and on.

That would be really true. I think that Drake also has his own financial manager or people who would organize his assets, advise him stay in his limitations and the likes. And if this is just an advertising stunt then they really did a good job because the name of stake has been loud ever since Drake came into the scene.

Yeah, as most of the people have stated, it is simply a sponsored , and he used his own money to participate. I am confident that half or a significant portion of the money will be returned to him as a talent fee, even though he won, the event still generates a great deal of publicity. This is a really good strategy right now because it works for everyone and attracts users because they are using big celebrities. In regards to that financial manager, he does indeed have one, and they do, in a sense, control the money he has.

[Fortify]

I am more on the idea that Drake posted this as spur-of-the-moment thing.
Not asking or anything on that regard to promote the casino involved.
But with the publicity that stake got from Drake. Who knows, stake is already thinking of getting Drake as part of their celebrity endorsers?
For his followers, they should definitely think if they can follow his lifestyle because not many can bet such amount without the possibility of losing it all.

I don't recommend Stake to get Drake as one of their endorsers, Drake has a gambling problem he can bet a huge amount of money because he still can make a lot of money as a concert artist and he also admitted that he has a gambling problem, it's against what Stake.com preaches in their TOS about responsible gaming.

if he has gambling problems then he will ruin his reputation, mental health and with that he will drag the stake along, I think it would not be beneficial for the stake. I don't follow the lives of these singers much, but do you know when he started to have these problems with gambling? I want to understand if he already had this problem with gambling before he had a lot of money or if he acquired this problem after having a lot of money

What are you saying Drake has a gambling problem? He is a billionaire and already loses big on the way. He affords to lose that amount and he is not other gamblers who will cry later on. Drake also has lots of businesses owned.

And no way he will drag Stake along if he has a problem let's assume. Viewers will not think of that as it's irrelevant and doesn't have any connection. It's not Drake is the face of the Stake in the first place. How he can drag down the Stake just because he has a gambling problem?

Drake has a fortunate of roughly $180 million, which while still huge is far from being a billionaire. This gamble was just under 1% of his net worth, which is an extremely high play and unlikely anything a sane person would do unless they knew they were going to win. While he might "only" be a rapper, people who have accrued that much money are not stupid and while it's his to spend - there is no reason he would go in for such a big amount. This all had to be engineered and likely only cost Stake.com an advertisement fee rather than any risk of losing, hell - the algorithm could have been rigged to guarantee he won and this was the fee that was returned to him.

[Russlenat]

Yes mate, exactly! It is already believed that Drake has a gambling addiction or problems, but a $1.3 Million bet on his name is not that much to him, maybe to us it is a big deal because it's over $1M, but as we see, he is not that hesitant to bet large sum of money considering that he has a net worth of $180 Million and an assets that will continue to produce him money.

At least he knows that his kids are watching him doing gambling activities, hopefully his kids knows that their father's gambling addiction isn't worthy to follow.

Certainly, it's a big amount for us and we don't have the balls like him to bet with such huge bets.

That's a lot of money to us and maybe to him as well but compared to his net worth. It's going to be a manageable loss if ever he losses that amount.

He'll just get back on it and bet again until he gets it back. But needless to say, he had won.

Definitely it is a huge amount for us and frankly, I don't have the balls to bet like him or at least half of my monthly wage

Drake had 2 bets, first is on the Los Angeles Rams to win and second is on Beckham Jr to score even 1 touchdown. Well, luck is on his side that time because he got those two bets correctly and won a total of $1.4 Million in bitcoin. What a bet, isn't it?

But we're probably sure to bet such as he do if we're wealthy like him.

Yep, that's the bet that everyone would surely celebrate if someone's become a millionare on an instant. I guess the next superbowl would also be exciting and it's due to his bets.

There could be some celebrities that might do the same as his to get the attention of everyone.

Heck yeah, I'll be glad to bet such big amounts because I know that I could just earn it again in some few weeks if I lost, that would surely entertain my soul.
IMO, Drake could have just made the bet privately in cash as there's no need to advertise such bets if you he have no reasons at all or goal but instead he posted it in public that he made a bet using bitcoins in Stake. So, by judging his actions, it's a two way street and get somebody else's attention.

[ethereumhunter]

Maybe they have style with gambling and have win much money with gambling site and the fantastic amount share on his bet slips make as more surprise looking that amount, usually I just reach about $100 to $300 for each single bet slips but now I was shy for sharing about my bet slips because very small amount with my betting bet. I think they have good financial when start with gambling and about how much money use for gambling is not really problem for them and keep try how to show bigger bet slips amount maybe next time, more crazy I saw on that site because many gamble bet much money there.

Maybe because as someone who has a lot of money, he has a way to spend or use his money well. And even though he used the money to gamble and occasionally he lost a large amount, it wouldn't be a problem for him because he still had a large amount of money.

It may be a small amount for them, the rich people, but still, it is a big number for me and I can only imagine how much it would be if he put all the money on the table.

He has several lines of business (clothes line, record label, etc.) and he can certainly afford to make unnecessary expenses. But what makes you think that he has a gambling addiction? The fact that he made several bets does not mean anything. Perhaps this is just an advertising campaign or an action to stay in the information field (for him this is the most important business).

I'm just guessing. But if that were true, and his children saw his father constantly spending his money on gambling, they would surely help his father not to do that. And if Drake really loves his family, especially his children, he will commit to not gambling anymore and try to give up his addiction to gambling. But if Drake doesn't have a gambling addiction, that's a great and exemplary thing for us to learn to avoid the addiction because he spends a lot of money.

[Jasad]

Maybe they have style with gambling and have win much money with gambling site and the fantastic amount share on his bet slips make as more surprise looking that amount, usually I just reach about $100 to $300 for each single bet slips but now I was shy for sharing about my bet slips because very small amount with my betting bet. I think they have good financial when start with gambling and about how much money use for gambling is not really problem for them and keep try how to show bigger bet slips amount maybe next time, more crazy I saw on that site because many gamble bet much money there.

Maybe because as someone who has a lot of money, he has a way to spend or use his money well. And even though he used the money to gamble and occasionally he lost a large amount, it wouldn't be a problem for him because he still had a large amount of money.

It may be a small amount for them, the rich people, but still, it is a big number for me and I can only imagine how much it would be if he put all the money on the table.

Some time when active on gambling chat room discussion we can see awesome bet slip from many gambler with out our expectation how much money spent by them when try gambling site, I see many of them spent almost thousand hundred dollar each single bet between casino or sport betting games. They looks easy how spent much money for gambling and make them easy how to win, but for us looks hard although spent $100 or $200 and not easy how to win on every game in gambling site not only casino game but also never have lucky when try with sport betting game.

[KTChampions]

He has several lines of business (clothes line, record label, etc.) and he can certainly afford to make unnecessary expenses. But what makes you think that he has a gambling addiction? The fact that he made several bets does not mean anything. Perhaps this is just an advertising campaign or an action to stay in the information field (for him this is the most important business).

I think the gambling that drake did is a business for him. Rich people always think of how to increase their wealth so to be relevant always. No rich person that will depend just on a single  job. Drake doesn't depend on  rapping alone, he does other businesses like clothing and others. His betting isn't just luck it was a business calculation and that was why he involved lots of money into it.

Sure. Moreover, this is his main main business - to flicker in the information field. He made a few bets and we (as well as many other people) have been discussing this for a long time, and this gives him recognition that can then be monetized through other lines of business. For example, I did not know who he was (at least in such detail) before this news got into the discussion.

[TheGreatPython]

Maybe they have style with gambling and have win much money with gambling site and the fantastic amount share on his bet slips make as more surprise looking that amount, usually I just reach about $100 to $300 for each single bet slips but now I was shy for sharing about my bet slips because very small amount with my betting bet. I think they have good financial when start with gambling and about how much money use for gambling is not really problem for them and keep try how to show bigger bet slips amount maybe next time, more crazy I saw on that site because many gamble bet much money there.

Yes, it is clear that his goal is to earn big because he bets in the lower odds and his bets are also huge. For a guy that wants to have fun, they will not bet millions and the odds that they are playing are usually higher as it gives a different joy when you hit them. Betting 100 to 300 dollars on a single bet is already damn huge because usually the minimum bets or the highest bets that I see are 1 dollar.

Your bets are already worth sharing but I salute you for being too humble there. Yes, the site stake is so popular and have lots of big players, almost every day there are big wins that you can see on this site, close to or more than the bet of drake.

[sunsilk]

But we're probably sure to bet such as he do if we're wealthy like him.

Yep, that's the bet that everyone would surely celebrate if someone's become a millionare on an instant. I guess the next superbowl would also be exciting and it's due to his bets.

There could be some celebrities that might do the same as his to get the attention of everyone.

Heck yeah, I'll be glad to bet such big amounts because I know that I could just earn it again in some few weeks if I lost, that would surely entertain my soul.
IMO, Drake could have just made the bet privately in cash as there's no need to advertise such bets if you he have no reasons at all or goal but instead he posted it in public that he made a bet using bitcoins in Stake. So, by judging his actions, it's a two way street and get somebody else's attention.

And just as what the speculations of other, it could be a big marketing but we just can't be sure with that unless have a proof that it's really is.

That's still quite a nice deal if that's for real but it's a great free advertisement if Drake just shared his achievement which is really boosting if someone has won that much.

Even me, I might share it although I'm not that type of person but because of being proud and happiness, who knows, right?