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

[Smartvirus]

Yes, the famous canadian singer/actor has just "achieved" another big loss.

I think Drake is doing just fine with his gambling habits despite all these loses, he still manages to manage his finance good, you don’t find him on the news about taxes, owing to some child support, not paying his staff or having several of these problems associated with gambling addicts.
He certain plays within limits and that’ll be Drake’s limits, making partnerships with them casinos or bookies he plays with, the games he bets on which his sure to watch and enjoy himself. His just a high stake gambler but, he’s not doing it wrong if you ask me.

[Maus0728]

Are you trying to say that stake.com are the ones losing?
However even when he has partnership with stake doesn't mean all the money he's gambling with are funded by stake.com, gamble with free money makes no sense because it looks like you aren't gambling at all because you aren't gambling with your money. If you want to talk about real gambler you have to make mention of gamblers that uses their own money to gamble, which means the person is a real gambler, but drake is a definition of a real gambler.

With the possibility that he's getting paid huge amounts of money with the partnership with Stake, and his music career being a success, I think that Drake isn't losing money and Stake isn't losing money either because Drake is advertising Stake and they're able to gather millions of people to get to their website. Maybe you guys are just saying that because you or me can't fathom how much money they're raking in profits, they're not the kind of money that's easy to earn in someone's lifetime, that's a definite thing. This loss might be big for us but this is just a cent to what Drake have in his total assets.

[Orpichukwu]

He has a partnership with Stake.com and I assume the majority of losing bets are bankrolled/credited by Stake in exchange for free marketing.

If it's just a partnership with stake, with stake being the one in charge of the funding, what if he successfully wins one of his bets with such a large amount of money? Will Stake also be the one to take the winning reward, or will it go to his pocket?
 
I think I prefer to go with the guy who says it's just like a stake reward for him with a bonus for promotion, which he could possibly use to wager in a few sports games. Such an explanation is fair enough considering the kind of figure that Drake is.

[Hispo]

🍑

...

🍑

And even if they are real money, they are not his money. Someone is behind the scene with all this. No one in their sense losses like this and continues gambling.

I am with you that all those bets are being done without his actual money, probably a percentage of those losses actually are being paid with money by the casino. In the end all of this is done for the sake of advertisement and keep new bettors going to Stake, in the case. Though, Keeping in mind the size of this bank account, I would not be surprised if he showed proof all those losses are paid with with his own money, tho.

Though, I would like to point out we should not underestimate the power of greed and addiction can have over the minds of some people. It is true that no reasonable person would continue to gamble after suffering consecutive losses like these ones Drake has "suffered",.but addictions do not have anything to do with being reasonable, actually an addict will stand in the crowd of their unreasonable behavior and the way they continue to lose money consistently without stopping. Obviously, Drake does not seem to have such a problem, so at the very least, he is being ridiculed online a little big for his alledged bad luck, nothing a star like him could not handle.

[cabron]

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.

Drake is getting more popular because of his losses in gambling than being a successful rapper. You can count the number of news stories about his raps or performances, but he is everywhere in the gambling community whenever he incurs huge losses.

With all the huge money he keeps losing, I will not be surprised if he launches a World Tour to sustain his gambling addiction.

This is the reason why celebrities easily get addicted to gambling; they can rake millions in just one series of concerts, so they don't mind losing hundreds of thousands or even millions; I wonder how he will end his gambling venture.

That's a new way of promoting himself, I guess all the girls who once tried to sue him for sexual assault will just say leave him alone after all he will lose all his money soon. I think he is more popular in having a teen girlfriend though. He's been a friend of Pdiddy so it's no wonder.

Rappers though are well known for gambling, more scenes of them in movies and they say in real life that they set up private casinos for these rappers where sometimes they bet their bling bling so that they can continue gambling.

Whether he is sponsored by Stake or not, Drake is a gambler and a millionaire. He can afford to lose $500k.

[Yatsan]

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.

Weel, this is not the first time we see such huge loss by the player (these are real money or just bonus)?

Earlier this year, he wagered $700,000 worth of BTC on a UFC fight, predicting that Sean Strickland would beat Dricus du Plessis (the bet carried an estimated profit of over $650,000 in BTC). The fighter, though, lost after a split decision from the judges.

In 2022, he bet $234,000 worth of BTC on Ferrari’s driver – Charles Leclerc – to finish first in the Spanish Grand Prix only to see Max Verstappen winning the race. Later that year, Drake wagered $600K in the cryptocurrency on FC Barcelona to win its biggest derby against Real Madrid. Unfortunately for him, the team from the Spanish capital emerged victorious in the match known as “El Clasico.”

Let's see the other bet scheduled for tonight 18 Jun 2024 how it will ends... "Edmonton Oilers to win the NHL Stanley Cup Finals against the Florida Panthers"

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.

First of all, being rich does not mean you are required to help the poor, it needs initiative and you cannot expect someone to do such thing just because he has tha capability to do so. Indeed, we saw him lose huge amounts of money but if we would assume his finances, then I guess he just have a high loss tolerance and he's still doing good if he's not being problematic on his end. Allow him to enjoy the things he have worked hard for. We might be seeing him throwing away huge amount of money but for sure he's getting something in exchange of this like popularity and entertainment. Also, not because he lost his bets recently on mainstream matches, it already guarantees winning by betting on the opposite.
This is a normal thing for them 'coz if not they will be making adjustments already with their gambling habits.

[Tmoonz]

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.

Weel, this is not the first time we see such huge loss by the player (these are real money or just bonus)?

Earlier this year, he wagered $700,000 worth of BTC on a UFC fight, predicting that Sean Strickland would beat Dricus du Plessis (the bet carried an estimated profit of over $650,000 in BTC). The fighter, though, lost after a split decision from the judges.

In 2022, he bet $234,000 worth of BTC on Ferrari’s driver – Charles Leclerc – to finish first in the Spanish Grand Prix only to see Max Verstappen winning the race. Later that year, Drake wagered $600K in the cryptocurrency on FC Barcelona to win its biggest derby against Real Madrid. Unfortunately for him, the team from the Spanish capital emerged victorious in the match known as “El Clasico.”

Let's see the other bet scheduled for tonight 18 Jun 2024 how it will ends... "Edmonton Oilers to win the NHL Stanley Cup Finals against the Florida Panthers"

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.

The honest truth is that what you will consider to be a huge amount might not really be huge to others considering individual different Networths such that what drake lost might not really be huge to him but yeah we feel for him because to us what he lost is a huge amount but nevertheless that might just be within his level of amount that can afford to lose and at such wouldn't mean anything to him and that doesn't really worth emphasizing much about it, gambling is a game of win or Lost whichever ways that happens one needs to be prepared in handling the various possible outcomes, gambling has no guarantee.

[CryptoHeadlineNews]

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.

Though I have not seen the very casino Drake is said to have wagered this huge amount of money, but my instinct tells me its likely to be "Stake" casino, as we all know Drake was once an ambassador of Stake, and I'm not sure if he is still currently their ambassador. Moreover, Drake is one of the world's biggest billionaire hip-hop musicians, and as such he is one man who can confidently afford to lose half a million dollars monthly in gambling and not be disturbed, as according to social blade.com, I'm made to understand that Drake earn roughly $712,100 monthly from YouTube ads revenue program alone, then imagine if you add, Instagram, Spotify and TikTok and other endorsement deals will amount to almost $2 - 5 million dollars monthly.

[Richbased]

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.

Weel, this is not the first time we see such huge loss by the player (these are real money or just bonus)?

Using the word achieved sounded very contradictory since it qualifies something that is successful or getting something good but however, Drake is a high gambler and I pity those gamblers that follows his steps of staking huge amount of money on bets Even when he loses a lot of time. Drake is a big name but losing those huge amount just on bets is very bad he can literally use those money to invest in human capacity development or rather help the poor or the less privileged ones in the society instead of wasting such huge amount of money all the time.

Earlier this year, he wagered $700,000 worth of BTC on a UFC fight, predicting that Sean Strickland would beat Dricus du Plessis (the bet carried an estimated profit of over $650,000 in BTC). The fighter, though, lost after a split decision from the judges.

In 2022, he bet $234,000 worth of BTC on Ferrari’s driver – Charles Leclerc – to finish first in the Spanish Grand Prix only to see Max Verstappen winning the race. Later that year, Drake wagered $600K in the cryptocurrency on FC Barcelona to win its biggest derby against Real Madrid. Unfortunately for him, the team from the Spanish capital emerged victorious in the match known as “El Clasico.”

Just imagine the outrageous amounts he has been losing, anyway he is wealthy and decides what he does with his money but i don't like this idea of spending huge money on bets. It's a very bad practice because he can get broke or run into bankruptcy in the future if he doesn't manage the resources he has very well now.

[Marykeller]

Betting hugely on any popular sports event is the language Drake knows of. I wonder when he tends to put a stop to all his terrible losing of his, that is not encouraging. He is lucky that he's a superstar, any amount he loses will not affect him, and he can easily get the money back(as he always thought).

If not for him being a superstar, I believe he would have been bankrupt by now cos he can't be losing huge amounts on gambling now and then, still having the zeal to  ride on gambling bets

You should not believe everything you see on the internet and do little own research. The fact that Drake lost again, does not mean he losses all the time. We see only a part of his life. We see only what he allows us to see. It is impossible to be, that Drake has never won any bet, and if you search the internet, you would find that he also wins huge amount of money. Everyone are already programed to focus on his losses, when few look on the situation more wide or from different angle. Right not UEFA Euro 2024 tournament is running. I feel like Drake is going to place a bet on a final game. If he wins,  nobody would notice that, if he losses, we would get a new Drake's curse article here.

You are not far from the truth to say that not everything online that one should believe on. People would only show the public what they want them to see and hid other things from them, by keeping everyone on the dark side to assume that he "Drake" experience losses each time he bets, whereby he can be winning in some, he chose not to get it revealed since human being are good in spreading the bad news of someone than his success.

[boltz]

People still don't realize that he is paid to actually place those bets ? and I'm sure he is not actually losing money form his own pocket so don't be surprised by his bets. I'm also convinced that by the end of Euro is over , he will place at least 2-3 more bets with all of them resulting in a loss because the dude has no real knowledge when it comes to football and he just picks random bets. It's better to place bets against his picks as you have way more chances to actually win them.

[Dr.Bitcoin_Strange]

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.

[dunfida]

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

[Wiwo]

Regardless who he is, we all lose at some point and that can't stop us from continuing with the quest to achieve either satisfaction or profits, this is what make the most difference between who lose and how loses we can bear.

Recently I experienced a significant lose although not in betting or gambling but in trading because I felt that I have understood the market better something goes to Drake he may have build confidence in the tea for long but then luck failed him.

[Accardo]

Betting hugely on any popular sports event is the language Drake knows of. I wonder when he tends to put a stop to all his terrible losing of his, that is not encouraging. He is lucky that he's a superstar, any amount he loses will not affect him, and he can easily get the money back(as he always thought).

If not for him being a superstar, I believe he would have been bankrupt by now cos he can't be losing huge amounts on gambling now and then, still having the zeal to  ride on gambling bets

You should not believe everything you see on the internet and do little own research. The fact that Drake lost again, does not mean he losses all the time. We see only a part of his life. We see only what he allows us to see. It is impossible to be, that Drake has never won any bet, and if you search the internet, you would find that he also wins huge amount of money. Everyone are already programed to focus on his losses, when few look on the situation more wide or from different angle. Right not UEFA Euro 2024 tournament is running. I feel like Drake is going to place a bet on a final game. If he wins,  nobody would notice that, if he losses, we would get a new Drake's curse article here.

You are not far from the truth to say that not everything online that one should believe on. People would only show the public what they want them to see and hid other things from them, by keeping everyone on the dark side to assume that he "Drake" experience losses each time he bets, whereby he can be winning in some, he chose not to get it revealed since human being are good in spreading the bad news of someone than his success.

I'm surprised to see similar trends of drake curse still emerging on top blogs, while on Instagram Drake is doing numbers each day on winning. No day passes that Drake winning videos doesn't show up on Instagram. But, like I read above that the people who say about Drake always losing don't research enough of his gambling videos. These bloggers only share things that would intrigue their readers to stick around the blog and distribute comments. However, it still helps in building the artist's name negatively. That's not to be worried about. On the other hand, he still wagers what he's able to lose. Because looking at those numbers it doesn't affect much of his wealth. Added to the fact he sometimes wins in a game.

[Rockstarguy]

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.

It's as if he loves playing gambling so much and I just feel gambling can just be like a hobby to him.i don't really know if Drake is playing gambling for fun but if you check the amount of money he uses to play gamble I think these amounts are very reasonable and he constantly plays gambling. For me even if the amount Drake use in playing gambling is something that he can afford to lose , it is as if the numbers of loses is getting very high and  I think it will better for him to give gambling a little break.

It is not just about playing with the money one can afford to lose that matters, but also the number of times one plays and the number of loses is getting much. If one is playing with amount that can be afford to lose the number of win is very low it will be better to just have a break, it is the best way of recover from so many loses.

[AmoreJaz]

Regardless who he is, we all lose at some point and that can't stop us from continuing with the quest to achieve either satisfaction or profits, this is what make the most difference between who lose and how loses we can bear.

Recently I experienced a significant lose although not in betting or gambling but in trading because I felt that I have understood the market better something goes to Drake he may have build confidence in the tea for long but then luck failed him.

As Drake is known to be a high roller when it comes to betting, losing such thousands of dollars is no surprise anymore. Remember also that Drake is one of the Ambassadors of stake, hence, seeing him posting about his bets using this site is also expected already. This is the reason why we can see the amount that he is betting with on every game. I guess, that's part of the deal also with stake. Win or lose of that bet, we don't know his arrangements with stake being one of their Ambassadors.

[Kemarit]

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.

Perhaps its the other way around, for us mere mortals who can't bet huge amount like Drake, we can only talk when we won big or if we win in jackpot. But when we losses, we don't tell anyone how much money we lose and at the end of the day, even if we win big, still not enough to cover our losses initially.

But for this whales, people are more concern on how much money they lost on a big or how unlucky they are like Drake. But he could also been winning millions and the social media is not that covering as much as his losses because that's what people wanted to hear specially in a personality as big as Drake in the music industry. As if people have this crab mentality to pull someone down just because they are famous and a lot of money to burn.

[bettercrypto]

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.

Weel, this is not the first time we see such huge loss by the player (these are real money or just bonus)?

Earlier this year, he wagered $700,000 worth of BTC on a UFC fight, predicting that Sean Strickland would beat Dricus du Plessis (the bet carried an estimated profit of over $650,000 in BTC). The fighter, though, lost after a split decision from the judges.

In 2022, he bet $234,000 worth of BTC on Ferrari’s driver – Charles Leclerc – to finish first in the Spanish Grand Prix only to see Max Verstappen winning the race. Later that year, Drake wagered $600K in the cryptocurrency on FC Barcelona to win its biggest derby against Real Madrid. Unfortunately for him, the team from the Spanish capital emerged victorious in the match known as “El Clasico.”

Let's see the other bet scheduled for tonight 18 Jun 2024 how it will ends... "Edmonton Oilers to win the NHL Stanley Cup Finals against the Florida Panthers"

It may be their money, but it's not our money, so whatever they do with it, it's their right to use it where they want, whether or not the money they throw away makes sense. This is what gambling does to people who have an addiction or who are already addicted to gambling, especially if they are rich people.

Such an amount here in our country is that if you are just an ordinary employee, they will not earn that amount even if we say until they are old, but in those years that are rich, they can just throw it away one day because there is nothing that's up to them.

[livingfree]

I think Drake is doing just fine with his gambling habits despite all these loses, he still manages to manage his finance good, you don’t find him on the news about taxes, owing to some child support, not paying his staff or having several of these problems associated with gambling addicts.
He certain plays within limits and that’ll be Drake’s limits, making partnerships with them casinos or bookies he plays with, the games he bets on which his sure to watch and enjoy himself. His just a high stake gambler but, he’s not doing it wrong if you ask me.

Yeah, seems like no issues apart from losing tons of money in gambling. That means that he can afford to lose that.

All of the money that he's gambling with is also hard earned from him through sponsorships or partnerships from the bookies he's working with.

So, maybe some clout to be chased by people but we knew him that he's doing genuinely and betting so much. It's like a tv series to follow with.