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Drake Loses $275,000 Bitcoin Wager

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Alex Dovbnya

Drake misplaced greater than 1 / 4 million {dollars} after Colby Covingto ended up being the superior combined martial artist

Canadian rapper Drake has misplaced roughly $275,000 in Bitcoin, the most important cryptocurrency, after putting a wager on American skilled combined martial artist Jorge Masvidal.

The “In My Emotions” hitmaker anticipated Masvidal to defeat Colby Covingto throughout a seismic UFC 272 occasion that happened on Saturday on the T-Cellular enviornment in Las Vegas.

Since Drake positioned his audacious wager on the underdog, he might have walked away with greater than $700,000.

Sadly for the celebrity rapper, the upset didn’t occur, and Covingto received the grudge match by unanimous determination after dominating each spherical.

This isn’t the primary time that Drake places his Bitcoin on the road. In February, he raked in $381,000 within the largest cryptocurrency after betting $1.3 million on Tremendous Bowl LVI. The Los Angeles Rams received in opposition to the Cincinnati Bengals, which allowed the rapper to internet simple cash.

Nonetheless, it then got here to mild that Canadian on-line betting platform Stake, which facilitated Drake’s wagers, is just not licensed within the Ontario province. Therefore, his bets might have been unlawful.

Final month, American rapper Kodak Black revealed that he had acquired a $250,000 Bitcoin present from Drake.



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