Drake showed amount he has lost to stake, has bet $120m in a month.

[Wapfika]

It's not new that Drake is officially partner with stake casino, he has done a lot of posts and some PR for the casino but there is something off about this PR that is not adding up. He showed a screenshot amount worth $120m in only a month and with negative profit. How is that even possible? There is gambling addiction but this is beyond the type of addiction we all know and everyday he keeps doing some PR promotions for them to bring people to the casino.



Is this PR or it's real, how much is he worth to be losing this amount a month to gambling. Some people says this is a back end data and not real money.

You better believe that drake is worth a lot of money, this is why they say gambling is for the rich only. Reason why you should believe that it's not falsified is because he's showing you what he lost not what he won from it. This tells you that gambling addiction really has a chokehold on a lot of people.

FR, Additionally Drake is doing live stream and posting most of his bets which means he literally gambling with his money. Even if it’s Stake part of the deal or not he is still spending on gambling on whatever he likes playing in the casino.

No matter how much he losses there are multiple ways for him to get back those Monies he lost.

Drake is too rich for us to be bothered on his losses. This issue is not something we observer should be worried about.

[Obim34]

It's a flaunt for Drake losing such amount, any celebrity not an ambassador wouldn't put those details out. No need to go further, for most of us promoting signature campaigns, getting paid from the company and at the end of the week decided to gamble from the same company casino that pays us, it really wouldn't matter if we lose or win because at the end we all get paid for marketing, this is similar to what Drake does, as an Ambassador of Stake, whatever he losses will one way return to him as agreed on contract.

[Jawhead999]

You may ask me: I deposited $113 in the casino? My answer is that no, maybe not even $15. I didn't deposit. I remember only putting in $10 and then I started making my bets, where I would win and take the profit and play, lose and bet with the principal and win.

Then I had winning streaks and the value of the bankroll increased and consequently I increased the value of each bet. At the end of the month this statistic appears. By this I mean that the same thing could be happening to Drake. He didn't deposit $124 million. He probably deposited $5 million or less than $15 million and then he started playing. Every time he won, he used the profit to continue playing.

That's true, wager amount isn't exactly same with deposit amount.

Someone can deposit $1K, split it to 10 bets which is stake $100 on heavy favorite teams, their wager might reach $50K because 99% they will win. Let's say drake lost $15 Million, there was a site said Drake's net worth worth $250 Million, $15M from $250M is just 6% of his net worth.

Usually I see Drake lost many bets and he tend to pick wrong team where he avoid to be objective. But, if his wager amount is ten times than his deposit, he's actually not that bad.

[Porfirii]

If Drake is sponsoring Stake, is it good advertising if he loses so much money? And it doesn't matter if it is virtual money or not, because nobody wants to play and lose, and the one the OP mentioned shows a particularly bad streak of bad luck.

So we could think it's not good advertising, unless the act of giving something to talk about is intrinsically positive. If that was the plan, then we can say that it has been successful...

[yudi09]

It's not new that Drake is officially partner with stake casino, he has done a lot of posts and some PR for the casino but there is something off about this PR that is not adding up. He showed a screenshot amount worth $120m in only a month and with negative profit. How is that even possible? There is gambling addiction but this is beyond the type of addiction we all know and everyday he keeps doing some PR promotions for them to bring people to the casino.

A gambler who gambles because it is easy for him to earn money is different from a gambler who gambles but finds it difficult to earn money.
If Drake with the amount of money worth $120 million for one month of gambling, although a lot but to affect the psychological impact is not so impactful and it may be easy for him to stop with awareness.
It is strange for gamblers who gamble not in the same class as Drake. It is difficult for needs, but still insists on gambling by force.

[salad daging]

It's a flaunt for Drake losing such amount, any celebrity not an ambassador wouldn't put those details out. No need to go further, for most of us promoting signature campaigns, getting paid from the company and at the end of the week decided to gamble from the same company casino that pays us, it really wouldn't matter if we lose or win because at the end we all get paid for marketing, this is similar to what Drake does, as an Ambassador of Stake, whatever he losses will one way return to him as agreed on contract.

Many say like this where Drake's defeat will not be completely a loss for him because his ambassador gets paid quite a lot so this is part of the site's promotion to be known more widely and maybe many people believe in Drake's bet.

It's not strange for Drake because he is part of the casino as a partner, unless he doesn't have any cooperation, maybe it will be a hot topic because that much money they dare to bet in 1 month.

[takuma sato]

All these celebrities that spend infinite money on gambling are getting paid by these gambling agencies/companies in order to promote them. The fact that you opened a thread talking about this proves that this advertisement tactic is effective. They want to create viral clickbait news that contain the name of the casino or website and that's about it. Same happens with all these influencers and streamers. There are channels in YouTube that are profiting from gambling addicts, they get paid to spin on casinos all day and make more on ad revenue as well.

[SATWAT]

All these celebrities that spend infinite money on gambling are getting paid by these gambling agencies/companies in order to promote them. The fact that you opened a thread talking about this proves that this advertisement tactic is effective. They want to create viral clickbait news that contain the name of the casino or website and that's about it. Same happens with all these influencers and streamers. There are channels in YouTube that are profiting from gambling addicts, they get paid to spin on casinos all day and make more on ad revenue as well.

Needs to understand this point because just because of these celebrities their business had good transactions which also increase their profit, so I am sure these are usually their business tricks, and they never do this for real because they are also well aware about consequences of gambling like this.
Drake is well influencer which is having good support from his fans on different social media channels which always give him good feedback and this always work for these gambling sites because with this business took good profit and their members numbers also increased.
Even very small number of celebrities involved in things like these but still its good for few sites specially as mentioned Stake and Drake are having good engagement for long time just like these few other sites are doing tricks like these.

[el kaka22]

Honestly, that is not a good PR for stake in the end, showing even the biggest gambler with biggest pockets could still lose a ton. And while 8 million is probably nothing to him, it is still a big chunk of money he could have used to make more money. In the end, he is a gambler and he likes these type of stuff so there is nothing that we can do to prevent this, he is going to keep on gambling and he is going to keep on making money.

What we are seeing here is Drake just sharing the other side, because we have seen him make millions before as well, and it's a good responsible thing to show the other side as well, because gamblers should know, or at least potential gamblers should know that while you may win, overall losing is much more likely.

[Aanuoluwatofunmi]

It's a flaunt for Drake losing such amount, any celebrity not an ambassador wouldn't put those details out. No need to go further, for most of us promoting signature campaigns, getting paid from the company and at the end of the week decided to gamble from the same company casino that pays us, it really wouldn't matter if we lose or win because at the end we all get paid for marketing, this is similar to what Drake does, as an Ambassador of Stake, whatever he losses will one way return to him as agreed on contract.

Drake could have signed a number of deals with them and if we compare our own self to him in gambling, we may get it completely wrong, just as you already said, there might have been a deal signed between them, moreover, if you look more closely, many of the gambling platform make use of these celebrities to advertise for gambling and this is done because they understand the influence they could give them towards drawing traffic.

[hedgeh0g]

Honestly, that is not a good PR for stake in the end, showing even the biggest gambler with biggest pockets could still lose a ton. And while 8 million is probably nothing to him, it is still a big chunk of money he could have used to make more money. In the end, he is a gambler and he likes these type of stuff so there is nothing that we can do to prevent this, he is going to keep on gambling and he is going to keep on making money.

What we are seeing here is Drake just sharing the other side, because we have seen him make millions before as well, and it's a good responsible thing to show the other side as well, because gamblers should know, or at least potential gamblers should know that while you may win, overall losing is much more likely.

For me, what Drake shows is of no great importance, because I understand that this is a marketing move. Even if he loses even more, in the end he will benefit more from signing a contract with a bookmaker. For me, it is not him that is important, but the search for profitable strategies and control of my emotions, and everything else is not very important. Although such news sometimes amuses me and of course I understand that this has some effect on many players, for example, such that he is the same player and also loses like the players who trust and respect Drake very much. But I do not really want to open their eyes, because everyone chooses what to do.

[Alphakilo]

Is this PR or it's real, how much is he worth to be losing this amount a month to gambling. Some people says this is a back end data and not real money.

Drake has been very opened about his gambling and everything that pertains to it period when he wins we know and when he loses we also know.

I would not think that this is some public relations stunt. He's rich and losing that amount of money does not even make a drop in his wealth. He can afford to lose that amount because he has a constant stream of income from other sources.

What I would want him to do is to drive home the message to his followers that they should gamble responsibly and seek for help if they are struggling with quitting gambling.

[Findingnemo]

It's not new that Drake is officially partner with stake casino, he has done a lot of posts and some PR for the casino but there is something off about this PR that is not adding up. He showed a screenshot amount worth $120m in only a month and with negative profit. How is that even possible? There is gambling addiction but this is beyond the type of addiction we all know and everyday he keeps doing some PR promotions for them to bring people to the casino.



Is this PR or it's real, how much is he worth to be losing this amount a month to gambling. Some people says this is a back end data and not real money.

As per the google result, his total networth is 250Mn, so 120mn is too big an amount for him to wager in a month but that's the wagering amount not the total lost, the amount he lost is 8mn which can be possible especially with someone who is associating himself with gambling for years. It can be negative advertisement too for the casino but I don't think why he want to share negativity for a casino he is partnered up with unless he is trying to bad some better deal from the platform by showing a scare to their reputation?

[Samlucky O]

It's not new that Drake is officially partner with stake casino, he has done a lot of posts and some PR for the casino but there is something off about this PR that is not adding up. He showed a screenshot amount worth $120m in only a month and with negative profit. How is that even possible? There is gambling addiction but this is beyond the type of addiction we all know and everyday he keeps doing some PR promotions for them to bring people to the casino.

Is this PR or it's real, how much is he worth to be losing this amount a month to gambling. Some people says this is a back end data and not real money.

i think Drake has a purpose for what he does. i dont know if the figure on the ticket is real or fake but whatever the case may be then Drake must be up to something. i somehow believe what _act_ said to be true, that Drake might be one of the major stakeholders, or might also be the owner of stake. i think he is just doing that to promote his gambling site as his reputation in the musical industry may increase the number of gamblers, because if he is not making money from what his doing then he would not be continuously gambling and losing and still be gambling every month. if he can lose the some of $124m in a month then what will be the outcome in a year? it will obviously be around $1.4b in a year or more. that means drake is the owner of that casino in disguise or a major shear holder in that company.

[OgNasty]

Is this PR or it's real, how much is he worth to be losing this amount a month to gambling. Some people says this is a back end data and not real money.

I'm sure they give him money to gamble with and he has some sort of a deal where he gets to keep any amount he wins over X amount or maybe they just hand him free money to gamble with and he has a separate payment he receives.  I guess that is probably more likely given his status.

Still, this goes to show that gambling isn't all money falling from the sky.  A lot of people have to lose a lot of money to keep those lights on in Vegas.  Don't fool yourself.  Gamble responsibly and have fun.

[coolcoinz]

There’s a high possibility that this part of the PR since Drake is official ambassador of Stake. Streamers commonly get salary and balance on their casino account that they can play to experience the game.

How is that PR for Stake?

I agree that he most likely had part or all of it reimbursed by the casino, but showing how much he had lost is bad for the business. Some people might appreciate honesty, but the majority of newcomers will not play there due to the massive loss that he had. Some will ignore it, some will go there because they see his name and won't care about the numbers, but most people will think twice.

IMO if he showed it, this was either not consulted with the casino, or he lost some of his own money there and wanted to show that.

Anyway, he's a degenerate gambler, but I sometimes watch him bet something like $200k all at once. Nobody does that.

[DaNNy001]

I'm not surprised that drake lost such an amount, this shows how deeply addicted he is...this disproves the fact that rich people can't be addicted to gambling, the only difference between a rich and poor gambler is that someone that's rich can conveniently throw money away and get it back.. some ignorant people say why's he losing that much if he's an ambassador for stake, his contract has nothing to do with his personal gambling activities

[Su-asa]

I do not think that Drake is addicted. He's an influencer already which everyone knows about him, and he's also promoting the casino online. However, are we sure that those money is actually coming from Drake's account? Because the casino might be funding him since he's already promoting them. Even if it's his money, I believe he have more, all his social media pays him and he's a big celebrity, that money might not remove anything from his even when he loses them. Just like you know, a gambler that earn $10,000k and lose $1,000k in gamble per month will not be affected unless he's over stake.

[AmoreJaz]

I do not think that grade is addicted. He's an influencer already which everyone knows about him, and he's also promoting the casino online. However, are we sure that those money is actually coming from Drake's account? Because the casino might be funding him since he's already promoting them. Even if it's his money, I believe he have more, all his social media pays him and he's a big celebrity, that money might not remove anything from his even when he loses them. Just like you know, a gambler that earn $10,000k and lose $1,000k in gamble per month will not be affected unless he's over stake.

You mean Drake not grade. Anyway, we don't know the real score between Drake and stake. And I don't think he will disclose his contract to stake being the Ambassador of this platform. But I do believe that he is using some part of his personal money here. But if there's cashback or any of that sort, we have no idea. And that's none of our business. It is his life and so whatever repercussions will be, he will take responsibility. So whatever amount he wants to post in his social media, that's his prerogative.

[Ndabagi01]

Drake can do all he can to promote the casino he is an ambassador to, he is paid for all this so he has to do the job efficiently for the deal to last. Celebrities can do anything for the money and left for me, I will not take it too seriously that he will spend such amount of money on gambling. I know he is rich and have money, but this behaviour is not adding up to believe totally that he is really using real money to make those bets.

Who knows if he’s also a part of the company and being paid for the profits the casino realizes at the end of the year and also being paid for the advertisement he does for them. Celebrities cannot be trusted fully on this basis, because I feel their is more to what we know than what they’re showing us about this big amounts he spends on gambling.