Canadian rapper Drake reveals staggering betting losses on Stake platform, adding to a growing list of multimillion-dollar defeats in UFC and boxing wagers.
Toronto, Canada – June 20, 2025
Global music icon Drake is making headlines again — but this time, it’s not for chart-topping hits or sold-out concerts. The Canadian rapper has revealed that he lost a jaw-dropping $124,527,265 on online gambling within the past month alone.
Drake, whose real name is Aubrey Drake Graham, shared the staggering loss through an Instagram Story post on Thursday, leaving fans stunned at the sheer scale of the betting deficit. The loss occurred on the crypto-based betting platform Stake, where the rapper is known to regularly wager high stakes on sporting events.
“Gotta share the other side of gambling… Losses are so fried right now,” Drake wrote alongside the screenshot of his account balance. “I hope I can post a big win for you all soon cause I’m the only one that has never maxed – these guys max once a week.”
The post quickly went viral, sparking debates online about gambling addiction, financial responsibility, and the dark side of celebrity betting culture.
Drake and the High-Stakes Betting Lifestyle
Drake has long been associated with high-risk sports betting, often publicly placing enormous wagers on major events and sharing his bets on social media. His partnership with Stake, a crypto-based gambling platform, has been highly visible — with the rapper frequently streaming his betting sessions and promoting the platform to millions of followers.
While fans are used to seeing Drake boast about his wins, this recent admission offers a rare glimpse into the losses that come with the lifestyle. The $124 million figure shared is one of the biggest monthly gambling losses ever disclosed by a celebrity — and it may just be the tip of the iceberg.
Though Drake did not specify the exact games or events that led to his latest loss, his betting history suggests a strong focus on UFC, boxing, football, and NBA games.
Previous Betting Losses: A Costly Pattern
This is far from Drake’s first gambling setback. In the past year alone, the rapper has lost millions in high-profile bets — particularly in combat sports.
- August 2024: Drake lost $450,000 after betting on Israel Adesanya, who suffered a shocking defeat to Dricus du Plessis in a UFC middleweight title fight.
- November 2024: He placed another large wager — $355,000 — on boxing legend Mike Tyson, who faced off against YouTuber-turned-boxer Jake Paul at AT&T Stadium in Arlington, Texas. Tyson lost the bout, and Drake lost the money.
These bets were also shared publicly, often with enthusiastic captions, reflecting his confidence in the fighters. But the outcomes have been increasingly unfavorable for the rapper, prompting concerns about his approach to risk.
Social Media Reacts to Drake’s Mega Loss
News of Drake’s $124 million loss lit up social media, with reactions ranging from sympathy to shock to criticism. Many fans expressed disbelief at the massive sum, while others criticized the glamorization of gambling by public figures.
“That’s not a loss, that’s a small country’s GDP,” one X (formerly Twitter) user wrote.
Others pointed out the potential dangers of normalizing high-stakes gambling to young and impressionable fans. Some even called for greater transparency and responsibility from influencers who promote gambling platforms.
“Celebs promoting crypto gambling need to show all sides of the game. Respect to Drake for showing the Ls this time,” another commenter noted.
Celebrity Gambling Culture Under Scrutiny
Drake is one of several celebrities who have partnered with gambling and crypto platforms in recent years. These collaborations often include lucrative endorsement deals, live streams, and VIP betting privileges. But they’ve also attracted scrutiny from regulators and addiction advocates who worry about the normalization of gambling in pop culture.
While celebrities like Floyd Mayweather, Conor McGregor, and Jake Paul have all publicly embraced gambling, Drake’s transparency — albeit rare — may spark a larger conversation about the risks involved.
“It’s easy to focus on the wins when you’re a multimillionaire,” said an addiction specialist speaking anonymously. “But even someone like Drake isn’t immune to the emotional rollercoaster that comes with gambling. It’s a serious issue, not just a game.”
Financial Impact and Perspective
Despite the massive amount lost, Drake’s financial empire likely softens the blow. As of 2025, the rapper’s estimated net worth exceeds $300 million, thanks to his music catalog, brand endorsements, fashion ventures (such as his OVO brand), and touring.
Still, losing over a third of that amount in one month on bets is enough to raise eyebrows — even in celebrity circles.
Drake has not indicated whether he intends to scale back on his gambling or reassess his betting strategies. However, fans are watching closely, especially as the rapper teases new music and possible tour dates in the latter half of the year.
A Rare Glimpse at the “Other Side” of Fame
By choosing to share his loss publicly, Drake has provided an unusual moment of vulnerability in a celebrity culture that often highlights only success. His comment — “Gotta share the other side of gambling” — resonated with fans who appreciate honesty in a world dominated by highlights and filters.
Whether it sparks meaningful reflection or is simply another chapter in Drake’s rollercoaster lifestyle remains to be seen. But for now, it serves as a stark reminder that even global superstars can take devastating Ls.
