As shared in a screenshot on Instagram on June 6, Drake put $500,000 worth of Bitcoin on the Dallas Mavericks, a wager that would have paid out $1.375 million if the Texas team had won out. “Dallas cause I’m a Texan,” Drake wrote alongside the image.
Instead, the Boston Celtics just clinched the title with a decisive 106-88 game 5 win on their home court, giving Drake a rough loss on the hoops championship. But tomorrow could be just as brutal on Drake’s Bitcoin wallet if his NHL bet also goes south.
In the same Instagram post, Drake shared that he similarly put $500,000 on the outcome of the NHL’s Stanley Cup Finals, putting the same bet on the Edmonton Oilers to win. If his wager ultimately wins out, he’ll receive $1.025 million—and there’s still a chance. “Oilers are self-explanatory,” the Canadian rapper wrote.
But it’ll be a tough ask, given that the Oilers are down 3-1 going into Tuesday’s game 5 showdown against the Florida Panthers on their home ice. Both series started 3-0 against Drake’s favored teams, and in both cases, the down team bounced back to take game 4.
We’ll see whether the Oilers can push it to a game 6 where the Mavericks couldn’t.
SWIFT has launched a new blockchain-based ledger pilot with 17 major banks to test how tokenized deposits can move across…
Sony Bank, the banking arm of Sony Financial Group, has received conditional approval from the Office of the Comptroller…
PayPal has expanded its stablecoin strategy by launching PayPal USD (PYUSD) natively on the Polygon blockchain, giving businesses direct access…
BONK, one of Solana's most recognizable memecoins, is facing a major governance crisis after an…
World, the blockchain ecosystem co-founded by Sam Altman, is shifting its prediction market infrastructure from Solana to the…
BNB Chain has revealed plans to build a brand-new Layer 1 blockchain specifically designed for the next generation…