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Topic: Drake did it again! Another huge losing bet... - page 5. (Read 1120 times)

legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform

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And even if they are real money, they are not his money. Someone is behind the scene with all this. No one in their sense losses like this and continues gambling.

I am with you that all those bets are being done without his actual money, probably a percentage of those losses actually are being paid with money by the casino. In the end all of this is done for the sake of advertisement and keep new bettors going to Stake, in the case. Though, Keeping in mind the size of this bank account, I would not be surprised if he showed proof all those losses are paid with with his own money, tho.

Though, I would like to point out we should not underestimate the power of greed and addiction can have over the minds of some people. It is true that no reasonable person would continue to gamble after suffering consecutive losses like these ones Drake has "suffered",.but addictions do not have anything to do with being reasonable, actually an addict will stand in the crowd of their unreasonable behavior and the way they continue to lose money consistently without stopping. Obviously, Drake does not seem to have such a problem, so at the very least, he is being ridiculed online a little big for his alledged bad luck, nothing a star like him could not handle.
sr. member
Activity: 686
Merit: 398
He has a partnership with Stake.com and I assume the majority of losing bets are bankrolled/credited by Stake in exchange for free marketing.
If it's just a partnership with stake, with stake being the one in charge of the funding, what if he successfully wins one of his bets with such a large amount of money? Will Stake also be the one to take the winning reward, or will it go to his pocket?
 
I think I prefer to go with the guy who says it's just like a stake reward for him with a bonus for promotion, which he could possibly use to wager in a few sports games. Such an explanation is fair enough considering the kind of figure that Drake is.
legendary
Activity: 1904
Merit: 1563
Are you trying to say that stake.com are the ones losing?
However even when he has partnership with stake doesn't mean all the money he's gambling with are funded by stake.com, gamble with free money makes no sense because it looks like you aren't gambling at all because you aren't gambling with your money. If you want to talk about real gambler you have to make mention of gamblers that uses their own money to gamble, which means the person is a real gambler, but drake is a definition of a real gambler.
With the possibility that he's getting paid huge amounts of money with the partnership with Stake, and his music career being a success, I think that Drake isn't losing money and Stake isn't losing money either because Drake is advertising Stake and they're able to gather millions of people to get to their website. Maybe you guys are just saying that because you or me can't fathom how much money they're raking in profits, they're not the kind of money that's easy to earn in someone's lifetime, that's a definite thing. This loss might be big for us but this is just a cent to what Drake have in his total assets.
legendary
Activity: 1554
Merit: 1139
Yes, the famous canadian singer/actor has just "achieved" another big loss.
I think Drake is doing just fine with his gambling habits despite all these loses, he still manages to manage his finance good, you don’t find him on the news about taxes, owing to some child support, not paying his staff or having several of these problems associated with gambling addicts.
He certain plays within limits and that’ll be Drake’s limits, making partnerships with them casinos or bookies he plays with, the games he bets on which his sure to watch and enjoy himself. His just a high stake gambler but, he’s not doing it wrong if you ask me.
sr. member
Activity: 1439
Merit: 380
To Be Or Not To Be
He has a partnership with Stake.com and I assume the majority of losing bets are bankrolled/credited by Stake in exchange for free marketing.
Are you trying to say that stake.com are the ones losing?
However even when he has partnership with stake doesn't mean all the money he's gambling with are funded by stake.com, gamble with free money makes no sense because it looks like you aren't gambling at all because you aren't gambling with your money. If you want to talk about real gambler you have to make mention of gamblers that uses their own money to gamble, which means the person is a real gambler, but drake is a definition of a real gambler.
Yep, as the brand ambassador of stake, Drake definitely gets some money from it and Im sure there is a special deposit bonus for every time he plays.
So he still gambles using his own money, not the free balance from stake. Celebrity like Drake definitely wont gamble with fake balances/monopoly money even if its just for marketing.
hero member
Activity: 644
Merit: 520
Leading Crypto Sports Betting & Casino Platform
He has a partnership with Stake.com and I assume the majority of losing bets are bankrolled/credited by Stake in exchange for free marketing.
Are you trying to say that stake.com are the ones losing?
However even when he has partnership with stake doesn't mean all the money he's gambling with are funded by stake.com, gamble with free money makes no sense because it looks like you aren't gambling at all because you aren't gambling with your money. If you want to talk about real gambler you have to make mention of gamblers that uses their own money to gamble, which means the person is a real gambler, but drake is a definition of a real gambler.
hero member
Activity: 2352
Merit: 905
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I think it is time for me to place my bet against Drake's bet which is I will be that Florida Panthers will win the match. It will be a good opportunity for me to make a good win since Drake bets are always the opposite after the match.
Imagine you follow the opposite of Drake's bets and then he starts winning, that will be curious.
I hope Drake will make a bet on EURO 2024. My country has a match against Portugal. If Drake bets on Portugal, there is a high chance that my country will win and that will be an unprecedented accident in the recent history of our football.

You know, it’s interesting to watch how a person who has a lot of money makes bets. It is much more interesting to see how he loses this money, because if he won, fewer people would be happy than now when he lost.
It's not interesting to watch his bets because despite the fact that he has lots of money, we all know that that money is given by Stake.com, it's basically a free bet for Drake. Btw it's very curious that Drake loses almost every bet that he makes.

hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I wonder what his feelings when he see his lose on that much money. Maybe he will not feels anything because he still have much money to use for playing gambling. Lost around $500K is big for most people but not for him because he can accept that lost in gambling and will not thinks about other things.

I guess he will still place a bet on the other things, especially if he have an interesting to place a bet. But we don't knows if that money is the real money or just from his bonus so he can easily to spends that bonus money to playing gambling. I wonder what will he gets in the next bet that he will place. If he can wins much more than $500K, he is trying to recover his lost money in the previous bet.
hero member
Activity: 896
Merit: 586
Leading Crypto Sports Betting & Casino Platform
Sure 500K USD in BTC is an incredibly awful losing bet. But his losing  is no wonder for me. Drake kinda likes to give a tickle to own nerves and ribs and it seems that his pockets never go drain. He also lost $565K bet with predicting the win of Fury in the famous Usik-Fury fight. Probably the sport betting is not his path of life.

Take a look on two links from my post. Or search in google for the information about bets he won. The guy is winning also, but people pay attention to his losses. The media has created an image of a bet loser, but I believe he does not mind of that or amounts he has lost, because he is a Stake.com influencer., and his fortune can allow him to risk and lose. Also pay attention on the odds of his bets. They are often way to risky. Even if he looses 3-5 bets, a single win will turn his final balance into zero or little (according to his fortune) loss.
You know that it is gambling and you will lose more than you win, and this is why Drake news about his losses are always on media. Drake is wealthy and does not care if he loses his bet because he can afford to lose that amount without any problem.

Drake is a celeb that earns from everywhere and that is why he gambles a lot with huge amount of money. He is also an influencer and showing his huge bets on media will motivate some gamblers to be high rollers. He might always have a discount from every bet that he loses from the casino.
legendary
Activity: 2520
Merit: 1218
Betting hugely on any popular sports event is the language Drake knows of. I wonder when he tends to put a stop to all his terrible losing of his, that is not encouraging. He is lucky that he's a superstar, any amount he loses will not affect him, and he can easily get the money back(as he always thought).

If not for him being a superstar, I believe he would have been bankrupt by now cos he can't be losing huge amounts on gambling now and then, still having the zeal to  ride on gambling bets

You should not believe everything you see on the internet and do little own research. The fact that Drake lost again, does not mean he losses all the time. We see only a part of his life. We see only what he allows us to see. It is impossible to be, that Drake has never won any bet, and if you search the internet, you would find that he also wins huge amount of money. Everyone are already programed to focus on his losses, when few look on the situation more wide or from different angle. Right not UEFA Euro 2024 tournament is running. I feel like Drake is going to place a bet on a final game. If he wins,  nobody would notice that, if he losses, we would get a new Drake's curse article here.
hero member
Activity: 1064
Merit: 501
Betting hugely on any popular sports event is the language Drake knows of. I wonder when he tends to put a stop to all his terrible losing of his, that is not encouraging. He is lucky that he's a superstar, any amount he loses will not affect him, and he can easily get the money back(as he always thought).

If not for him being a superstar, I believe he would have been bankrupt by now cos he can't be losing huge amounts on gambling now and then, still having the zeal to  ride on gambling bets
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
Yes, the famous canadian singer/actor has just "achieved" another big loss.
https://cryptopotato.com/here-is-how-much-bitcoin-btc-drake-lost-betting-on-the-nbas-final/
According some sources online he has lost around 500K USD in bitcoin while gambling on NBA finals.


Drake is getting more popular because of his losses in gambling than being a successful rapper. You can count the number of news stories about his raps or performances, but he is everywhere in the gambling community whenever he incurs huge losses.

With all the huge money he keeps losing, I will not be surprised if he launches a World Tour to sustain his gambling addiction.

This is the reason why celebrities easily get addicted to gambling; they can rake millions in just one series of concerts, so they don't mind losing hundreds of thousands or even millions; I wonder how he will end his gambling venture.
sr. member
Activity: 504
Merit: 378
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I don't see anything special about drake lose, apart from the fact that he is a celebrity people often lose more than him. There have been different cases people lost a huge amount of money in gambling and no body hears it but since drake is a celebrity it looks like he doesn't deserve to lose. losing and winning in Gambling does not matter your class, social status or even how famous you are. From different occasions I've heard cases of drake losing and that is an example to show that his a gambler. The fact is that most times he will also win but no body will talk about it but we often hear only when he lose.
sr. member
Activity: 1022
Merit: 277
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He has a partnership with Stake.com and I assume the majority of losing bets are bankrolled/credited by Stake in exchange for free marketing.
But still, a loss is a loss. That is considered to be his money considering it was credited to his account. This huge loss seems like nothing to him even after so many losses, considering that this is not the first time it happens. Lol.
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
He has a partnership with Stake.com and I assume the majority of losing bets are bankrolled/credited by Stake in exchange for free marketing.

You’re right here but that money is already given to him which means he still lose huge amount as part of his talent fee. It can be considered as regular salary which means he definitely loses his money on this bet.

He is just too rich to feel the pain of losing that’s why it looks like that he lost free money but in reality it’s still a regular loss in gambling since he can have +500K on his bank if only that bet won.
full member
Activity: 1484
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I still think that Drake does it on purpose to create hype in the betting world or in the portals where he plays, it's all a question of sponsors and advertising for the site he bets on, imagine being a casino that is interested in having new important customers and you think you have a singer followed by millions of people, you wouldn't be interested in having potential millions of customers who are interested in playing on your portal because they are willing to do anything to follow their idol, I'm not criticizing them I'm just saying that this is how it works and I don't see anything wrong with advertising, and most likely the money he lost won't even be his own Cheesy
Somehow true, and I think even that huge amount of money is just a small thing to him. I mean, he is famous, and I'm sure he can earn it again, but of course, if he frequently loses that sum of money, there is a time that he might not be able to fix it again. And you are right, there might be a big chance that the money he is using came from sponsorship or partnership; he does that in order to promote the casino he is playing and maybe with an intention to hype the gambling community; nevertheless, no matter what his intention is, the huge amount of money is still a waste just to use for gambling. We can't imagine how huge gamblers waste just for their own satisfactions, but what can we say that is their money? We can't control them; we can only see or know the news about this kind of gamblers.
legendary
Activity: 3500
Merit: 2246
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Yes, the famous canadian singer/actor has just "achieved" another big loss.
~

What can I say? The guy could afford it. They say Drake has a net worth of $250 million, so, 500K USD is something he definitely can afford to lose. I think, if you want to make a huge bet once in a year, you should never go above 5% your net worth, and that's more or less what Drake is doing. I don't blame him, but I do condemn people who place such bets with all they have or, what is even worse, out of borrowed money.
hero member
Activity: 798
Merit: 702
he is also into NHL?
i don't know what sport is he really into. he has been busy losing in UFC and then in the Grand Prix. for all we know the money (BTC) he bets on stake is not his right? so most of the article released about him losing may still be stake sponsored.
You think that dude bets on a lot of things, not just sports betting.
 
There has been speculation of him not betting with his real money, all funds being a bonus from stake, and all of that, but such rumours have not been proven, so until then, I believe most times he might as well spend from his own personal pocket even if he is going to receive some bonus or cashback from stake for his constant patronage and losing almost all his bets.
jr. member
Activity: 42
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He has a partnership with Stake.com and I assume the majority of losing bets are bankrolled/credited by Stake in exchange for free marketing.
legendary
Activity: 2758
Merit: 1228
I have really made up my mind to accept Drake as gambler who looses a lot and also wins at times but my mind has not no criticism on his looses in gambling because he can really afford it.

I think it is even high time the media should overlook this guys gambling life because there are other whose gambling life is worth concentrating on for discussion such as those gambling and utilizing there winnings which is encouraging and those who looses and being affected on their bankrolls which is discouraging.

I can imagine how the media and not even any of you cares about monitoring my gambling life which I believe is because I gamble with just little amount of money which may not be a global attractive like the Drakes.

So to me, Drake is living his life and we do not know if we should say he is just an addicted gambler or a risky gambler but until then he airs out this emotions then his gambling life would be Worth call for discussion as much as he keep gambling.

But how long he can afford to encounter such huge lose? If he continue to experience that then for sure there would be a time that he might lost all his wealth especially if he became so addicted on gambling.

Also maybe gambling addiction is not on their scope and the have other interesting stories that's more better to publish.

Well his maybe into that stage since if people not into addiction stage for sure he will doubt to spend huge even if he's capable to do that since there will be a doubt to lose a lot of money.
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