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

[Miles2006]

The money is huge I mean imagine someone like Drake betting this kind of amount without any promotion, at that point such person don’t know what to do with his/her money. I don’t take this personal because it’s all about advertisement definitely people will talk but it doesn’t matter besides this are part of the promotion for example op sharing this information for wider audience. If I’m not mistaking we’ve discussed this several time surprisingly other influencers and celebrity advertise gambling site but the fact Drake is popular and he’s known for betting using huge amount so this is nothing new.

[goldkingcoiner]

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 do not think there are any laws against making stuff up and lying about gambling losses/wins, unless it is connected to a profit making scheme or as a way to prop your business up by lying to investors or something.

So it is very likely fake PR.
Influencers and celebrities have absolutely no qualms about scheming and lying to get more attention.

I do not think that Drake with his 250 million USD net worth would spend almost half of it on gambling. In a single month, no less.

[Su-asa]

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.

That's typing errors mate, I believe you already know what I I wanted to type, by the way error corrected.

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.

I believe so, but I am still sure that stake also sponsor some of his bets. I have been on this forum for a while and I have seen other threads that talks about the amount that Drake have sent while gambling on stake, but no one have talked about the amount that he had won. I guess he don't post his winning in on social media.

[Felicity_Tide]

Before I know about Stake, I know about Drake but I do not know Drake as a gambler. Stake was created in 2017,  Drake started to gamble with Stake some years later and suddenly I noticed he become a gambler. I can not let such a thing fool me when he become Stake's Ambassador. Just know that all these are for Stake promotion. I will not also be surprised if Drake is one of the Stake shareholders because he has been a rich person before there was Stake.

I have known Drake as a gambler for some time now, but I'm not sure of how much of a true gambler he is based on his position and relationship with the platform that he promotes. There was even a video of him that I watched some months back, where a drone was used to capture him gambling. And I later learnt that the whole thing was staged (rumor), so I think we can't be too sure if what Drake actually showed us was true or not. Besides, he's an ambassador, as some users have said, so I don't think an ambassador with such fame might want to lose such an amount just to promote whatever service they represent.

At the end of the day, it is clearly business, and I believe every one of us here might also use impressive strategies to promote the service we represent.

[Fiatless]

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.

The first question would be how much Drake makes from his profession. I know that he is a very rich celebrity who engages in different kinds of businesses. Drake makes money from music, fragrance  fashion, and so on. And his net worth is estimated at $250 million. So from my view, he can afford the amount he spends on gambling.  But sincerely,  I would not believe any information that these celebrities show on social media because some of them are doing it for advertising. I don't choose a service or product because it was endorsed or used by a celebrity. 

The only people who can determine if it is not real money are Stake Management and Drake. All we can do is to assume or speculate which can true or false.

[Judith87403]

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 don't think if drake will post something that is not real beside what will be his gain if what he said was not true? I see no reason why we should be arguing about his Post, Drake is popularly known as a musician, and if we are ask about his source of income we would say that is through music as we don't know if drake is into other business or not. But I'm pretty sure that he would definitely have different source of getting money, so I think is possible for him to lose such amount of money. I know most people will find it very hard to believe this, but we should know that is celebrity we are talking about here. Maybe his monthly income is even 3x of that amount he lost or more than that.

[passwordnow]

looking at my account statistics:



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.

This is right, it's about the wagered and he could have deposited lesser than what the wagered has shown. He would have won some huge amounts with his bets before and then used it still for wagering. Stake is partnered with him and it's normal to see him use it for the exposure. There could be clause that he's given free credit to gamble with it but being vocal about this could give everyone the idea that he's a real gambler nowadays and it doesn't matter to him how much losses he's been making as long as the stake is always posted by him.

[Charles-Tim]

If I’m not mistaking we’ve discussed this several time surprisingly other influencers and celebrity advertise gambling site but the fact Drake is popular and he’s known for betting using huge amount so this is nothing new.

I do not know the reason people are fooled by this kind of things, it is clear that Drake is only promoting Stake. He earned money than he is losing money on that gambling site but people will not see that.

Although Stake is a very good gambling and betting site which I like very well and I can recommend the site to anyone that like gambling and betting.

[Reatim]

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 do not think there are any laws against making stuff up and lying about gambling losses/wins, unless it is connected to a profit making scheme or as a way to prop your business up by lying to investors or something.

is this not literally false advertising? that’s illegal because a business should be honest with what they are offering

though they may not be explicitly saying that anyone who use their platform for sure will win a certain amount that’s why it’s not considered illegal

I do not think that Drake with his 250 million USD net worth would spend almost half of it on gambling. In a single month, no less.

i mean you never know lol these rich people do unexplainable purchases all the time

[GiftedMAN]

As a partner we should not take the figures too serious. Could be a virtual account or he gets compensated for the beta placed. What I consider odd is him posting his account showing a loss. While everyone knows you experience losses while gambling, it is uncommon for promoters to directly show their losses and to the amount in this case.

Every one knows that Drake is a high staker when it comes o gambling so whether he gets compensated for promoting the brand stake.com or not it doesn't stop the fact that he has lost so much in a short period of time. I do not know the agreement between Drake and stake but it is obvious that he can't be posting his losses if he's doing promotions for the company with it and I doubt if promoters gets compensation for the losses they get while gambling because their wins are not shared between them and the company.

[KTChampions]

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.

He is an ambassador of Stake and gets paid over 100 million a year just for that. Therefore, he can easily afford to lose 8 million a month and still not go into the minus. As for his fortune, I don’t know much about music, but it seems that he is in the top positions in rap, which means we can safely say that he earns hundreds of millions.
In general, it's high time to get used to the fact that 100 million is a fairly normal amount now; you won't buy Ronaldo for that, but only a mediocre player.

[yahoo62278]

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.

Whether it's real or not it's doing it's purpose. He has a deal with Stake to promote the site and threads like this help that out. I would say he enjoys betting big amounts, but he isn't very good at it lol. I think he is paid x amount per year/month and given an unlimited balance to bet with on whatever he wants to bet on. Slots, table games, spots, or whatever as long as he uses the content to promote the site in some way. The only real way to know his deal is to speak with Eddie or Drake.

[Hispo]

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.

He is an ambassador of Stake and gets paid over 100 million a year just for that. Therefore, he can easily afford to lose 8 million a month and still not go into the minus. As for his fortune, I don’t know much about music, but it seems that he is in the top positions in rap, which means we can safely say that he earns hundreds of millions.
In general, it's high time to get used to the fact that 100 million is a fairly normal amount now; you won't buy Ronaldo for that, but only a mediocre player.

Pretty much Drake could easily lost that amount of money and it would change anything in his life, so even though we don't know what kind of deal he has with Stake, this could literally all be real money he personally deposited and still he would be okey and running his life as if nothing happened, one of the advantages of being a famous artist and at the same time being an partner of such a huge casino as Stake is.

Still, I am not sure why he would lost something like this for everyone to see, my only guess is he wanting to bring some awareness to people that gambling is truly risky and one must gamble responsible, pointing out that even the famous and the rich can easily get in red numbers if they are not careful with what they do on crypto casinos and bookies.
The only thing missing there was him saying something about gambling responsibly, instead of referring to the opportunity or hope to see a big win soon.

[Moreno233]

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 don't know the rationale behind Drake posting some of these things online but I see them as marketing strategy for Stake which he seems to be their ambassador. I know that Drake is rich but I don't know if he can actually bet $120m within a month. That is some big money to throw away like that by anyone. Maybe that is part of the money he gets from promoting the company. I try to shed myself from those post because they have a way of influencing someone to bet more than they should.

[Sandra_hakeem]

What I consider odd is him posting his account showing a loss. While everyone knows you experience losses while gambling, it is uncommon for promoters to directly show their losses and to the amount in this case.

Exactly... I thought about it this way -- since he's in partnership with stakes, which is about him promoting the casino with his traffic, should he not be posting win receipts instead? It's weird that he's trying to promote the casino and possibly motivate people to join, but all he does is post them losses -- how much are we talking about here? $120 million monthly.

Well, I can't say for real what partnership he has with stakes casino, especially since the deal wasn't made public. I'm just as curious as every one of you out here, but whatever it is, that loss is overwhelming. Quite hard to believe he'll be losing that amount but somehow, his Pocket stays in shape all this whole time.

[Botnake]

Well, I can't say for real what partnership he has with stakes casino, especially since the deal wasn't made public. I'm just as curious as every one of you out here, but whatever it is, that loss is overwhelming. Quite hard to believe he'll be losing that amount but somehow, his Pocket stays in shape all this whole time.

That’s just his loss from one sportsbook or casino. If he’s a real gambler, he probably has losses in other platforms too. But what makes you curious is why he’s even posting about it, there’s likely a reason behind it. Maybe it’s part of promoting Stake, in a subtle way.

Of course, that’s just speculation for now, but since he’s a celebrity, he knows how to get public attention. Whether the loss is real or not, I honestly don’t care. It’s his life, his responsibility.

[AbuBhakar]

[snip]

It could be anything but I think it looks like he is playing on a virtual account. An account was created for him with virtual money sent to it so he plays and promotes this casino. One hundred twenty million is just a huge amount of money, it is hard to believe that he could really be playing for such money, being at a loss and not thinking about stopping or at least reducing his bets. I think this is just a PR for the casino.

It is likely a virtual account. It's already known strategy by online casinos when hiring famous personalities to promote their platform. Those virtual acount have enormous amount of money that will really make you think if someone is sane enough to deposit that big amount.

As I've researched, Drake's current net worth is $250m and the amount he wagered in a month is $120m, that's already half of it. There's no report of him being addicted to gambling so wagering that amount and still at a loss is really impossible to be true.

[Ishicryptic]

The money is huge I mean imagine someone like Drake betting this kind of amount without any promotion, at that point such person don’t know what to do with his/her money. I don’t take this personal because it’s all about advertisement definitely people will talk but it doesn’t matter besides this are part of the promotion for example op sharing this information for wider audience. If I’m not mistaking we’ve discussed this several time surprisingly other influencers and celebrity advertise gambling site but the fact Drake is popular and he’s known for betting using huge amount so this is nothing new.

The popular opinion is that these Drake's huge stakes are promotions for Stake casino, and considering the type of unbelievable amounts that he is willing to loose is the more reason why they think that it is all pre arranged. Maybe it's real and Drake, can actually afford to loose $120m in a month we don't know but let other gamblers don't get fooled by Drake's huge stakes and try the same thing, Drake, can move on after losing huge amounts but maybe they cannot. Since Drake, is a brand ambassador for Stake casino I think that we shouldn't take his bet slips too seriously because it can be an arrangement between him and the casino.

[TopTort777]

OP, you have been posting about gambling for years, but still hasnt learned what wager is Open any casino that has any tournament. People there wager millions daily. Think they deposit such amounts every day?

Anyway, even if Drake really deposited millions and lost all of them, what the deal? Why count someone else money and bother about it? Bought a coffee today at gas station, should someone create topic about that and discuss my expenses? We dont know what kind of contract Drake has with Stake. We dont know if he gamble with his own money or casino provide him balance. Bets that he post on media tells us nothing.

[alani123]

Could drake be this stupid?

In my opinion yes. Big celebrities are sometimes propelled to this level of fame because the industry can take advantage of them very easily.
Take Britney Spears for instance. For yeeeears and years and years she was the top #1 female voice artist. We recently found out she had NO rights of her own and her father co-opting with her entire family and husband's side of the fam was taking advantage of her under conservatorship.

Everything we knew about britney was a lie we got to know through stories created by her managers and in cooperation with her dad. Not her. This may be a lie, albeit a very stupid one, but it's also likely that Drake has very little say in what's going on in terms of using his name for promotion. Stake is giving his managers big cash, so they take advantage of this.