Bitcoin (BTC)Crypto News

Rap Star Drake Loses $400,000 Bitcoin Bet On Jake Paul In Split Decision Loss To Tommy Fury

Canadian rapper and singer Drake lost $400,000 in Bitcoinafter betting that YouTuber-turned-boxer Jake Paul would KO Tommy Fury. Drake could potentially have nabbed a $1.44 million bitcoin payout, but Fury won the fight in a split decision win.

Drake loses $400,000 bitcoin bet on Jake Paul’s fight

On February 26, 2023 in Diriyah, Saudi Arabia, YouTuber and boxer Jake Paul’s winning streak was halted by Mike Tyson’s half-brother, Tommy Fury. The fight was a close fight, with Fury winning via split decision (74-75, 76-73, 76-73) despite Paul knocking Fury down in the eighth round. Paul had six straight wins before losing to Fury on Sunday. Before the fight, rap star and actor Drake placed a $400,000 bitcoin bet, or approximately 17 BTC, on Paul to win the fight by knockout (KO).

Rap Star Drake Loses $400,000 Bitcoin Bet On Jake Paul In Split Decision Loss To Tommy Fury, Crypto Trading News

Drake took to Instagram and showed off his bet placed on crypto betting platform Stake. “Knock knock,” said Drake with a door emoji. The screenshot Drake shared showed that if Paul had won the fight, he could have redeemed $1.44 million in bitcoin. Drake is known for placing various bitcoin bets, as the 36-year-old rapper bet $472,000 in bitcoin on the LA Rams beating the Bengals in the Super Bowl. The Rams won that game 23-20 and Drake won $240,000 on the bet.

drake lost $275,000 in BTC when he bet on mixed martial artist Jorge Masvidal’s fight, and he also lost $234,000 in Bitcoin when Charles Leclerc failed to win the Spanish Grand Prix. The rap star enjoys sports betting and a famous case was when Drake supported Conor McGregor in UFC 229 but McGregor lost the fight to Khabib Nurmagomedov.

There is a running joke online called “Drake curse‘, and according to the joke, if the rapper endorses a person, they’re likely to lose. After the fight and speaking at a post-fight press conference, Paul joked about Drake’s bet.

“F***! That’s Drake’s fault!’ said Paul. “Drake, brother, why did you do this to me? No, it’s my fault. $400,000 isn’t for him – he’s won a lot more money betting on me. He’s probably at it right now. Sorry Drake, I’ll get that win in the rematch,” the fighter added.

What do you think of Drake losing $400,000 in Bitcoin after Jake Paul lost his fight against Tommy Fury? Let us know what you think about this topic in the comment section below.

Rap Star Drake Loses $400,000 Bitcoin Bet On Jake Paul In Split Decision Loss To Tommy Fury, Crypto Trading News

Jamie Redman

Jamie Redman is the news director at News and a Florida-based financial technology journalist. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for bitcoin, open source code and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for News about today’s emerging disruptive protocols.

photo credit: Shutterstock, Pixabay, WikiCommons

(function(d, s, id) {
var js, fjs = d.getElementsByTagName(s)[0];
if (d.getElementById(id)) return;
js = d.createElement(s); = id;
fjs.parentNode.insertBefore(js, fjs);
}(document, ‘script’, ‘facebook-jssdk’));

Source: Crypto News Deutsch

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button