Drake did it again! Another huge losing bet... - page 7.

Lanatsa

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Quote from: Alphakilo on June 18, 2024, 04:09:52 PM

Quote from: SUPERSAIAN on June 18, 2024, 02:38:45 PM

This was the question I asked when I first saw the topic: Is he gambling with his own money or with credits and bonuses? In my opinion, he plays with bonus credit because casinos are really the best promoters. Of course, he had huge losses before, even if he played with his own money, he wouldn't go bankrupt, but I don't think he can play the amounts so comfortably with his own money.

I have been following Drake's gambling since the last two years.

I do not think that he has a gambling problem. I also do not believe that he has lost anything because he didn't in my opinion risk anything. Maybe in the very first bet was with his own money and he risked it but with the losses that I have been reading about which is already running into billions of dollars, I strongly doubt that they are real money.

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.

This is also on what on my mind too on which it would really be that so hard to believe on losing up that half a million dollars on particular bet and would really be continuing on losing even further. If we do tend to check out his networth and the money that he's making then you could really be able to say that it would be hard to believe on.

Drake Net Worth
$250 Million
Drake's Salary$70 Million Per Year
https://www.celebritynetworth.com/richest-celebrities/richest-rappers/drake-net-worth/

Well, this isnt the first time that he had lost that huge money but there are also those notable huge loses too.
Just like on what others been mentioning that it might be that coming from sponsorship or partnership funds that being used on betting.

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Quote from: Wexnident on June 18, 2024, 04:43:12 PM

Quote from: bitbollo on June 18, 2024, 01:37:28 PM

~

We should probably at least thank the man, he's probably funding the bets of countless other people lol. But anyway, considering all things I don't think it'd be that big problem for him, he's rich a f and I'd say no types of addiction is enough to be a problem for him at this point in time. That, or it's just sponsored. I mean the mans a banner for advertisement for casinos at this point lol.

Anyway, was late but I would've probably told other to bet against him for that last match OP said lol.

Well that's some crazy way to feel about his loses because that man have really spent alot of money on gambling and the reason why people are still okay with it, is because the fellow is one of the richest man alive and also maybe he believes money is spent for other ones to actually come in ,😂😂😂

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Quote from: bitbollo on June 18, 2024, 01:37:28 PM

~

We should probably at least thank the man, he's probably funding the bets of countless other people lol. But anyway, considering all things I don't think it'd be that big problem for him, he's rich a f and I'd say no types of addiction is enough to be a problem for him at this point in time. That, or it's just sponsored. I mean the mans a banner for advertisement for casinos at this point lol.

Anyway, was late but I would've probably told other to bet against him for that last match OP said lol.

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Quote from: Zlantann on June 18, 2024, 02:02:58 PM

Besides singing and acting Drake had made a name in the gambling sector. He can be added as one of the biggest gamblers in recent times. However, there has been suspicion that all these big bets are public stunts to promote a particular betting platform. It is well known that he gambles with a particular casino with which he has a connection.
-snip-

Regarding a promotion or not, it seems that losing gambling has been experienced quite often by Drake.
But this time the loss reached $1 Million in 2 individual bets worth $500,000 on the Edmonton Oilers and Dallas Mavericks being his big losses.

Drake played in stake and yes Drake was once bound to work with stake so Drake played in satay.
Whether it's a promotion or not, I can't speculate more but the Drake Association has a special relationship with stake.

Drake's association with Stake.com, an online cryptocurrency casino,
has garnered significant attention due to his official ambassadorship for the platform.
https://fanarch.com/blogs/entertainment/does-drake-own-stake

And looking at his wins and losses at gambling, more wins have come from Stake since 2022.

A comprehensive analysis of Drake's gambling activities on Stake.com reveals
a total of CA$106.3 million ($79.1 million) in wins and CA$46.1 million ($34.2 million)
in losses from January 2022 to January 2024.
https://fanarch.com/blogs/entertainment/does-drake-own-stake

Alphakilo

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Quote from: SUPERSAIAN on June 18, 2024, 02:38:45 PM

This was the question I asked when I first saw the topic: Is he gambling with his own money or with credits and bonuses? In my opinion, he plays with bonus credit because casinos are really the best promoters. Of course, he had huge losses before, even if he played with his own money, he wouldn't go bankrupt, but I don't think he can play the amounts so comfortably with his own money.

I have been following Drake's gambling since the last two years.

I do not think that he has a gambling problem. I also do not believe that he has lost anything because he didn't in my opinion risk anything. Maybe in the very first bet was with his own money and he risked it but with the losses that I have been reading about which is already running into billions of dollars, I strongly doubt that they are real money.

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.

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Quote from: bitbollo on June 18, 2024, 01:37:28 PM

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.

Weel, this is not the first time we see such huge loss by the player (these are real money or just bonus)?

Quote

Earlier this year, he wagered $700,000 worth of BTC on a UFC fight, predicting that Sean Strickland would beat Dricus du Plessis (the bet carried an estimated profit of over $650,000 in BTC). The fighter, though, lost after a split decision from the judges.

In 2022, he bet $234,000 worth of BTC on Ferrari’s driver – Charles Leclerc – to finish first in the Spanish Grand Prix only to see Max Verstappen winning the race. Later that year, Drake wagered $600K in the cryptocurrency on FC Barcelona to win its biggest derby against Real Madrid. Unfortunately for him, the team from the Spanish capital emerged victorious in the match known as “El Clasico.”

Let's see the other bet scheduled for tonight 18 Jun 2024 how it will ends... "Edmonton Oilers to win the NHL Stanley Cup Finals against the Florida Panthers"

in reality it is merely pocket change to a gambler like this and you can bet that casinos happily woo him back every time with all sorts of huge perks. It definitely seems like he has a gambling problem, but it may just be a fun joke that he has going with friends and these numbers are meaningless to someone who has hundreds of millions with more coming in every day. It's a shame that he is not acting like a better role model as many younger generations look up to him. He has probably won his fair share of mega size bets as well, so don't feel too sad for him as he is not going broke any time soon. The fact he is publicizing it shows that he gets a kick out of that too.

Baofeng

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I think he has more on his slots game though Grin

as compared to his lost in sports betting. Just another day in the office for him, very unlucky and he could have also some bets in boxing recently that we didn't know that he lost too.

I do agree, someone should go against Drake if he posted his bets online and see how it goes. It's like what our friendly @bbc.reporter Grin

Countertrading Jim Cramer on Bitcoin. And maybe we will come-up with big money.

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Quote from: bitbollo on June 18, 2024, 01:37:28 PM

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.

Weel, this is not the first time we see such huge loss by the player (these are real money or just bonus)?

Quote

Earlier this year, he wagered $700,000 worth of BTC on a UFC fight, predicting that Sean Strickland would beat Dricus du Plessis (the bet carried an estimated profit of over $650,000 in BTC). The fighter, though, lost after a split decision from the judges.

In 2022, he bet $234,000 worth of BTC on Ferrari’s driver – Charles Leclerc – to finish first in the Spanish Grand Prix only to see Max Verstappen winning the race. Later that year, Drake wagered $600K in the cryptocurrency on FC Barcelona to win its biggest derby against Real Madrid. Unfortunately for him, the team from the Spanish capital emerged victorious in the match known as “El Clasico.”

Let's see the other bet scheduled for tonight 18 Jun 2024 how it will ends... "Edmonton Oilers to win the NHL Stanley Cup Finals against the Florida Panthers"

I do not think that Drake himself would consider 500k USD as a "big loss". To be honest, its just peanuts to him and he probably enjoys the community reaction even though he loses. Because to most of the community, it is a very large amount of money.

But either way, bored multimillionaires/billionaires do not impress me with the money they throw around. Because I know they have much much more.

rachael9385

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Quote from: Mr.suevie on June 18, 2024, 03:00:50 PM

Quote from: electronicash on June 18, 2024, 01:48:49 PM

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.

WNBA is a hot topic because of Caitlyn Clark so it's a good shift to draw attention if he goes to WNBA.

I think he is also into soccer maybe a little well am not too certain but I could remember he also made a huge stake on the world cup finals against France and Argentina. But mainly since he is in the USA and basketball is basically their sport I feel his gambling stake will be more on basketball and the worse part of all this is that for drake it's always the loses that are show not one time is the winnings ever broadcasted.

You have a valid points mates, and I think as a gambler that he is, he must know other games but choose to gamble on 1 or 2 games that he is too familiar with. However darke a celebrity and he has a lot of assets, so I believe that any money he's gambling with is the amount he can afford to lose. Although I haven't heard of his winnings I only hear about the ones he lost, does it mean that he's not winning? Or he's only losing?

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Quote from: OgNasty on June 18, 2024, 02:05:48 PM

Drake has lost way more bets than what I saw in the OP. Someone should do an analysis of all his bets and see what you’d have if you started with $1 and let your winnings ride on the opposite of whatever he bets. Seems like you’d be up quite a bit in the last couple years alone. I can’t remember the last time I saw Drake win a bet.

Remember that media doesn't show all things! Whatever will bring people to talking that's what they put out the most.

I have searched in Google and I saw that he has made over $40 - $50 million in his gambling life, that got me convinced he must have been winning but we do not hear about his wins but keep discussing his losses.

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Quote from: OgNasty on June 18, 2024, 02:05:48 PM

Drake has lost way more bets than what I saw in the OP. Someone should do an analysis of all his bets and see what you’d have if you started with $1 and let your winnings ride on the opposite of whatever he bets. Seems like you’d be up quite a bit in the last couple years alone. I can’t remember the last time I saw Drake win a bet.

Just what I thought. I think there should be a name for this type of phenomenon where the individual keeps betting despite recurrent losses. In his case it is not one of chasing losses it is something worse than that. I'm beginning to think betting is a skill that also involves some talent and Drake is lacking in all of it.

Mr.suevie

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Quote from: electronicash on June 18, 2024, 01:48:49 PM

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.

WNBA is a hot topic because of Caitlyn Clark so it's a good shift to draw attention if he goes to WNBA.

I think he is also into soccer maybe a little well am not too certain but I could remember he also made a huge stake on the world cup finals against France and Argentina. But mainly since he is in the USA and basketball is basically their sport I feel his gambling stake will be more on basketball and the worse part of all this is that for drake it's always the loses that are show not one time is the winnings ever broadcasted.

Odohu

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This might look like a big loss to those of us who have not seen that kind of money but to Drake, it is just a small money he can throw away without blinking an eye. As a celebrity, a single function can fetch him multiple of that amount, even monetization in his social media handle or commercial can rake in that much for him. Hence, He might just be gambling for fun as some people claim such happens, but we should be extremely careful not to imitate him else we might not like the outcome. It is always right to check ones limit in terms of financial injection into gambling.

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Quote from: bitbollo on June 18, 2024, 01:37:28 PM

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.

Weel, this is not the first time we see such huge loss by the player (these are real money or just bonus)?

Quote

Earlier this year, he wagered $700,000 worth of BTC on a UFC fight, predicting that Sean Strickland would beat Dricus du Plessis (the bet carried an estimated profit of over $650,000 in BTC). The fighter, though, lost after a split decision from the judges.

In 2022, he bet $234,000 worth of BTC on Ferrari’s driver – Charles Leclerc – to finish first in the Spanish Grand Prix only to see Max Verstappen winning the race. Later that year, Drake wagered $600K in the cryptocurrency on FC Barcelona to win its biggest derby against Real Madrid. Unfortunately for him, the team from the Spanish capital emerged victorious in the match known as “El Clasico.”

Let's see the other bet scheduled for tonight 18 Jun 2024 how it will ends... "Edmonton Oilers to win the NHL Stanley Cup Finals against the Florida Panthers"

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.
I believe that every person has the right to manage their money as they see fit. In this case, I think the worst thing is that such a person, who is known to many people, sets a bad example. After all, someone looking at him may also begin to risk huge amounts of money for him. I think that Drake has enough money and these losses do not affect his financial situation in any way and he does this for fun and pleasure.
Wisdom to all!

SUPERSAIAN

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This was the question I asked when I first saw the topic: Is he gambling with his own money or with credits and bonuses? In my opinion, he plays with bonus credit because casinos are really the best promoters. Of course, he had huge losses before, even if he played with his own money, he wouldn't go bankrupt, but I don't think he can play the amounts so comfortably with his own money.

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Quote from: OgNasty on June 18, 2024, 02:05:48 PM

Drake has lost way more bets than what I saw in the OP. Someone should do an analysis of all his bets and see what you’d have if you started with $1 and let your winnings ride on the opposite of whatever he bets. Seems like you’d be up quite a bit in the last couple years alone. I can’t remember the last time I saw Drake win a bet.

Drake have been known to be losing huge amount of money to bets in the past and just lityou said I haven't also heard any news of his winning which makes me wonder if he deliberately plays to lose or he's just so unlucky and why will he continue to play huge even he he knows that he loses most of the time. It is very bad that a celebrity like Drake, despite his fame and wealth but yet he still gives in to gambling. I know a lot of celebrities plays gamble but I also imagine if they gamble for fun or to acquire more wealth even when they know it is a game of probability.

Mahanton

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Quote from: bitbollo on June 18, 2024, 01:37:28 PM

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.

Weel, this is not the first time we see such huge loss by the player (these are real money or just bonus)?

Quote

Earlier this year, he wagered $700,000 worth of BTC on a UFC fight, predicting that Sean Strickland would beat Dricus du Plessis (the bet carried an estimated profit of over $650,000 in BTC). The fighter, though, lost after a split decision from the judges.

In 2022, he bet $234,000 worth of BTC on Ferrari’s driver – Charles Leclerc – to finish first in the Spanish Grand Prix only to see Max Verstappen winning the race. Later that year, Drake wagered $600K in the cryptocurrency on FC Barcelona to win its biggest derby against Real Madrid. Unfortunately for him, the team from the Spanish capital emerged victorious in the match known as “El Clasico.”

Let's see the other bet scheduled for tonight 18 Jun 2024 how it will ends... "Edmonton Oilers to win the NHL Stanley Cup Finals against the Florida Panthers"

Real money or bonus? No one really knows on which it would really be better not to stress ourselves on thinking on where he do get those money that he had been losing on making up some bets.
Its not something new that he is really that losing hundreds of thousands. It is really just that making up that too much noise on which considering that this is really a famous person.
This is why on the moment that he had been able to lose up big time then it do really get that much attention into the community or simply with the gambling world.
On speaking on how he had afford on losing such amount then this isnt the first time that he had lost that big time. Partnership or being ambassador of certain brands or companies
will really be that having that advantage or pay but no one really knows behind on whats happening. So instead on stressing ourselves on knowing the numbers then why we cant just moved on?

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Drake has lost way more bets than what I saw in the OP. Someone should do an analysis of all his bets and see what you’d have if you started with $1 and let your winnings ride on the opposite of whatever he bets. Seems like you’d be up quite a bit in the last couple years alone. I can’t remember the last time I saw Drake win a bet.

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Quote from: bitbollo on June 18, 2024, 01:37:28 PM

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.

Weel, this is not the first time we see such huge losses by the player (these are real money or just bonus)?

Besides singing and acting Drake had made a name in the gambling sector. He can be added as one of the biggest gamblers in recent times. However, there has been suspicion that all these big bets are public stunts to promote a particular betting platform. It is well known that he gambles with a particular casino with which he has a connection. So it will be hard to ascertain if what he loses is his funds or just bonuses. Nevertheless, losing $500k is not a big deal compared to his income from many sources. There are also times he has also won big but it seems he loses more.

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Quote from: electronicash on June 18, 2024, 01:48:49 PM

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 can be into many sports while gambling. At least I gamble with football, tennis and boxing and yet I went to casinos to play some roulettes which is far more relaxing for me. So that does not mean. But I do not like how Drake lose more than win. He has a net worth of $250 million and he may see the money as what he can afford to lose.

Topic: Drake did it again! Another huge losing bet... - page 7. (Read 1100 times)