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6h ago

Drake Discloses $8.25 Million Betting Loss After Wagering $124.5 Million in One Month

He revealed his monthly losses through Instagram screenshots to illustrate the risks of his high-stakes partnership with Stake.com.

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HOUSTON, TEXAS - MARCH 16: Rapper, songwriter, and icon Drake attends a game between the Houston Rockets and the Cleveland Cavaliers at Toyota Center on March 16, 2024 in Houston, Texas. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Carmen Mandato/Getty Images)
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Overview

  • Drake’s Instagram story showed $8,253,686 in sports betting losses alongside total wagers of $124.5 million over the past month.
  • The rapper placed an $800,000 bet on Game 6 of the 2025 NBA Finals, backing the Oklahoma City Thunder for both a win and a 6–10 point margin victory.
  • Drake earns an estimated $100 million annually to endorse Stake.com, which is based in Curaçao and accepts cryptocurrencies for online casino and sports bets.
  • His history of high-profile losses, including wagers on the Toronto Maple Leafs and the Jake Paul–Mike Tyson fight, has fueled the so-called “Drake curse.”
  • With a reported net worth of around $250 million, Drake admitted he is a “flawed sports better” yet continues to place large, publicized wagers.