The Canadian superstar, known for his love of sports betting, has now lost over $1 million in Bitcoin (BTC) after two ill-fated wagers on the NBA Finals and Stanley Cup Finals.
Never one to hide his bets, Drake had taken to Instagram to share his betting slips, writing "Dallas cause I'm a Texan. Oilers are self explanatory. Picks in are @stake." Stake, for those not in the know, is a popular cryptocurrency casino and sports betting platform. The Toronto rapper has been closely linked with Stake since 2020, when he partner...
While for Drake, the $1 million Bitcoin betting bust is likely a drop in the bucket. The rapper, who has an estimated net worth of $250 million, is undoubtedly bringing more attention to the world of crypto gambling.
Drake's very public losses shine a light on the growing intersection of celebrity, sports betting, and cryptocurrency. Crypto gambling has exploded in popularity in recent years, with a host of Bitcoin casinos and betting sites now vying for a piece of the action.
Glasp is a social web highlighter that people can highlight and organize quotes and thoughts from the web, and access other like-minded people’s learning.