Drake continues ‘curse’ as he loses $355k after Jake Paul defeats Mike Tyson

Drake’s betting ‘curse’ continues after he lost a whopping $355,000 (£281,440) bet following Jake Paul’s victory over Mike Tyson in their controversial Texas fight.

The Canadian music star confidently backed Tyson, 58, to triumph over Paul, 27, even sharing his wager online. At the time of Drake’s bet, the odds for a Tyson win stood at 2.85, which could have netted him a colossal $1,011,750 (£802,116), translating to a profit of $656,750 (£520,672).

However, the 38 year old artist, born Aubrey Drake Graham, was left out of pocket when Paul was declared the winner of the fight, broadcast live on Netflix.

READ MORE: Conor McGregor loses $1m and ‘deletes brutal tweet’ after Jake Paul vs Mike Tyson result

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But, this isn’t Drake’s first big betting loss; he previously staked $1million (£790,000) on Argentina defeating France within 90 minutes at the 2022 World Cup final – a match Argentina clinched during extra time.

Last year saw Drake lose another hefty bet when he wagered $1.2million (£950,000) on boxer Paul beating Tommy Fury. Earlier this year, Drake placed $565,000 (£448,000) on Tyson Fury in his heavyweight clash with Oleksandr Usyk – but that bet also went south.

People quickly rushed to X(Twitter) to comment on Drake’s supposed betting ‘curse’. One wrote: “Every time Drake bets on something its cursed af [as f***].

Another person added: “Drake curse still well and alive.” While a third voiced: “Drake curse is real.”

However, one of the bets the rapper shared with his Instagram followers did pay off, winning him $425,000 (£336,780) when Alex Poatan defeated UFC rival Jamahal Hill on April 13, reports the Mirror.

While Drake frequently flaunts his sizeable wagers online, he is also a paid promoter of betting website Stake, co-founded by Australian billionaire Ed Crave. As an endorser of the crypto-only casino, it’s unlikely that Drake uses his own money for the bets he posts online.

The online betting company Stake, which is not permitted to operate in the UK, offers its users the opportunity to gamble with popular cryptocurrencies including Bitcoin, Ethereum, and Dogecoin. It is licensed in the Caribbean nation of Curacao.

Canadian rapper Drake and Irish MMA superstar Conor McGregor were both left out of pocket following Friday night’s shock result, with McGregor’s bold $1million wager going astray after banking on Tyson’s victory. Pre-fight, McGregor exuded confidence, heralding his picks on social media: “My two fight bets this weekend! Tyson KO, Jones Stoppage. $1million double on.”

However, it looks like he’s backtracked on his tweet since Tyson failed to deliver.

Post-fight, YouTuber-turned-boxer Paul expressed his admiration for the boxing veteran Tyson, stating: “Mike Tyson, he’s a legend. He’s the greatest to ever do it. I look up to him and we wouldn’t be here today without him. This man is an icon and it’s an honour to fight him. It was tough like I expected it to be.”

On his performance, Tyson reflected: “I’m not surprised (it went the distance). I knew he was a good fighter, I came prepared. I didn’t prove nothing to anybody, only to myself. I’m just happy with what I can do.”

Adding to the night’s drama, Netflix experienced technical difficulties that caused its service to crash repeatedly throughout the evening, frustrating viewers at home and leading many attendees at the Dallas Cowboys’ stadium to leave in confusion over the fight’s outcome.