Canadian rapper Drake has faced another significant gambling loss, this time totaling $565,000, after betting on Tyson Fury to defeat Oleksandr Usyk in a highly anticipated boxing match. Prior to the fight, Drake publicly revealed on Instagram that he had placed a substantial bet on Fury to win, with the potential payout exceeding $1 million.
However, Usyk emerged victorious over Fury by split decision in Saudi Arabia, securing the status of the first undisputed heavyweight boxing champion in 24 years. This outcome resulted in Drake losing his sizable wager.
This loss marks yet another instance of Drake experiencing substantial financial setbacks due to his gambling ventures. Previously, he suffered a six-figure loss after Anthony Joshua’s knockout victory over Francis Ngannou and lost an additional $700,000 following Dricus Du Plessis’s win against Sean Strickland at UFC 297.
Drake’s willingness to publicly disclose his gambling activities and the subsequent losses underscores the high-stakes nature of his betting habits. Despite his success in the music industry, Drake’s ventures into gambling have proven to be volatile, demonstrating the risks associated with high-stakes betting.