Drake's $500K Bitcoin bet 'upset' as Celtics beat Mavericks 4-1
The rapper's high-stakes sports bets via Stake could result in more significant Bitcoin losses.
Share this article
Renowned rapper Drake recently placed substantial Bitcoin bets on the outcomes of both the NBA Finals and the NHL Stanley Cup Finals via his partnered betting platform, Stake. However, his $500,000 wager on the Dallas Mavericks winning the NBA championship has gone awry, and he could face a similar fate with his NHL bet on Tuesday.
On June 6, Drake shared a screenshot on Instagram revealing his $500,000 Bitcoin bet on the Dallas Mavericks, which would have yielded a payout of $1.3 million had the Texas team emerged victorious.
“Dallas cause I’m a Texan,” Drake wrote alongside the Instagram post.
Unfortunately for the rapper, the Boston Celtics clinched their record-breaking 18th NBA championship by defeating the Dallas Mavericks 4-1 in the 2024 NBA Finals.
To make matters worse, Drake’s Bitcoin wallet could take yet another L after his infamous beef with Pulitzer Prize-winning nemesis Kendrick Lamar, if his NHL bet on the Edmonton Oilers also falls through. In the same Instagram post, the Canadian rapper shared that he had placed an identical $500,000 wager on the Oilers to win the Stanley Cup Finals. If his prediction proves accurate, he stands to receive a little over $1 million.
“Oilers are self-explanatory,” Drake wrote.
Interestingly, Drake also wrote about another half a million dollars in one of his lyrics. In the chorus for “I’m Upset,” the fourth single he released in 2018, Drake said:
“I’m upset (‘Set, ‘set) / Half a million on my head I can accept, yeah / ‘Least it makes me feel like someone tried their best, yeah / Want to waste a half a million, be my guest.”
The outcome of Drake’s NHL wager will be determined in the coming days as the Stanley Cup Finals continue to unfold.
Share this article
