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.
Cypherpunk Technologies is expanding its massive bet on Zcash by launching what it calls the…
MapleStory Universe is putting artificial intelligence in the hands of game creators with the launch…
Kalshi is making another major move beyond prediction markets, filing with the Commodity Futures Trading…
Coinbase is bringing high-leverage decentralized derivatives directly into its Base App through an integration with…
Hong Kong's first regulated Hong Kong dollar stablecoin is moving beyond testing and into real-world…
Cybersecurity researchers at Rapid7 have uncovered a sophisticated crypto fraud operation that used nearly 885,000…