Rap Star Drake Loses $400,000 Bitcoin Moist on Jake Paul’s Recreation

Canadian rapper and singer Drake misplaced $400,000 in bitcoin after betting that YouTuber-turned-boxer Jake Paul would win by knocking out Tommy Fury. The combat befell in Diriyah, Saudi Arabia on February 26, 2023, and Fury gained by cut up determination regardless of Paul knocking him down within the eighth spherical.

Earlier than the sport, Drake wager on the cryptocurrency playing platform Stake, and if Paul gained, he might money out $1.44 million in bitcoin. Nevertheless, with Fury’s victory, Drake misplaced his wager and the possibility to win a profitable prize.

Drake is thought for making high-stakes sports activities bets, and his previous bets have had blended success. He gained $240,000 in Bitcoin after betting on the Los Angeles Rams in opposition to the Bengals within the Tremendous Bowl. Nevertheless, he additionally misplaced $275,000 in Bitcoin when he wager on blended martial artist Jorge Masvidal, and $234,000 in Bitcoin when Charles Leclerc didn’t win the Spanish Grand Prix.

There’s a joke circulating on-line known as the “Drake Curse,” which means that anybody who backs Drake might lose. After the combat, Paul joked concerning the curse and took among the blame for Drake’s loss.

“Drake, bro, why are you doing this to me? No, it’s my fault. $400,000 is nothing to him, he gained some huge cash betting on me earlier than. He may very well be proper now. Sorry, Dre Gram, I’ll be victorious within the rematch,” the boxer added.

The match between Paul and Fury was a extremely anticipated one, with Paul already on a six-game profitable streak forward of the match. Fury, the half-brother of former heavyweight champion Mike Tyson, is 7-0-1. Though Paul knocked Fury down within the eighth spherical, it was Fury’s talent and technique that earned him factors to find out the result.

Drake’s loss serves as a reminder of the dangers and rewards of betting on cryptocurrencies, which have grown in recognition lately. The volatility of cryptocurrencies means payouts can fluctuate wildly, so it’s essential to know the dangers earlier than inserting your bets.