As a seasoned crypto investor and avid follower of Drake’s gambling exploits, I find his latest bets on the Edmonton Oilers and Dallas Mavericks intriguing but risky. While it’s impressive that he put $1 million on the line using Bitcoin on Stake, the odds don’t seem to be in his favor, given both teams’ poor performances so far.
Expert: Drake, a renowned Canadian singer, rapper, and songwriter, has made two wagers of half a million dollars apiece on the Edmonton Oilers in the NHL’s Stanley Cup race and the Dallas Mavericks for the NBA finals. Regrettably, the slim chances of these teams securing victory are questionable, as they have yet to record any wins but have suffered three defeats thus far.
Drake made wagers with Bitcoin on Stake, a well-liked online crypto gaming platform where he frequently plays and broadcasts his gambling sessions. He announced on Instagram, “Going with Dallas (being a Texan) and Oilers (speaks for itself). My picks are @stake.”
As a crypto investor following the NBA playoffs, I’m closely watching the Oilers and Mavericks as they face off in a best-of-seven series. The pressure is high for both teams, as no team has ever come back from a 3-0 deficit to win the championship. This weekend, the Oilers and Mavericks have critical games that they must win to keep their title hopes alive. A loss for either team would mean disappointing news for me, as I’d be on the hook for over $1 million in bets with Drake. The stakes are high, and every point matters.
As a crypto investor, I find it doubtful that Drake would have cashed out on those bets. If only the Oilers had won the NHL championship, he could have pocketed an impressive $1.025 million. Similarly, if the Mavericks had emerged as the NBA champions, his winnings would have amounted to a substantial $1.375 million. The betting slip Drake shared on Instagram gives us a glimpse into these potential payouts.
Despite losing $1 million in wagers, Drake might not have lost the entire sum for Stake. Previously, he had financial dealings with this betting platform. Moreover, his frequent posts about bets and live streaming on it could potentially benefit him. It’s plausible that he has ongoing agreements with Stake to promote the platform to broader audiences.
Despite his extensive experience with large-scale sports wagers, Drake suffered a major loss most recently. This substantial setback came from his $615,000 bet on Francis Ngannou defeating Anthony Joshua in their boxing encounter. Unfortunately for him, Joshua emerged as the victor, resulting in Drake losing over half a million dollars.
Image by tookapic from Pixabay
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2024-06-15 18:03