Drake loses $250,000 on bet on Jake Paul vs Nate Diaz fight
Drake loses $250,000 on bet on Jake Paul vs Nate Diaz fight

Rapper Drake continues to increase his reputation in the world of millionaire betting. So he didn’t surprise anyone by placing a bet on the boxing match between Jake Paul and Nate Diaz.

The dispute took place last weekend. Prior to this, a Drake fan page on Twitter posted what is believed to be the singer’s Stake betting slip.

According to this publication, the rapper would have made a bet of 250 thousand dollars on Diaz’s victory.

As an underdog, Diaz‘s odds were +340 compared to odds of -440 for Paul, the famous YouTube influencer turned boxer.

Assuming the $250,000 bet, Drake’s estimated payout would have been $1 million, and that would have happened unless Paul won the fight, which he did.

Fighting Diaz, the youtuber won by unanimous decision on Saturday night, 6. The points in his favor were as follows: 97-92, 98-91, 98-91.

Drake loses $250,000 on bet on Jake Paul vs Nate Diaz fight

Drake gained even more fame for his millionaire bets

In fact, Drake didn’t get it right this time. Still, the rapper has previously made huge sports bets.

It is worth remembering that it has a partnership with the bookmaker, Stake.

NBA

In June, Drake placed $800,000 in an NBA bet. He believed that the Denver Nuggets could beat the Miami Heat. At the time, the guess was successful and Denver won the NBA title for the first time in history.

Boxe

Already in 2022, Drake made yet another bold bet in another boxing match with the participation of Jake Paul.

At the time, the music icon put approximately $430,000 into the match between Paul and Tommy Fury, cousin of Tyson Fury. And as with the most recent guess, he also lost that bet.

UFC

On the other hand, Drake won a hefty bet on a UFC showdown. In March, he won $1.7 million on a $500,000 bet after Jon Jones submitted Ciryl Gane for the UFC heavyweight title in Las Vegas.

World Cup

Drake also bets on football and believed that Argentina would beat France in normal time, by 2 to 1. Despite having guessed who would lift the cup, Drake lost a million dollars.