Sports
Rapper Drake suffers $355,000 bet loss as Jake Paul defeats Mike Tyson
American rapper Drake has suffered another costly loss, this time losing $355,000 after betting on Mike Tyson to win against YouTuber-turned-boxer Jake Paul.
The much-hyped bout took place at AT&T Stadium in Arlington, Texas, following months of heated back-and-forth between the two fighters.
Despite Tyson’s legendary boxing pedigree, Jake Paul emerged victorious with a unanimous decision, leaving Drake’s bet in shambles.
Drake, known for his penchant for high-stakes sports betting, has seen a string of failed predictions, fueling the infamous “Drake Curse.”
From UFC matches to soccer and basketball games, his picks often fall short, making this latest loss a continuation of the trend.
The fight attracted a massive audience of 65,000 spectators and was one of the biggest pay-per-view events in recent memory.
VIP tickets reportedly sold for as much as $2 million, underscoring the bout’s popularity.
While the exact prize money remains under wraps, the victorious Jake Paul is expected to pocket tens of millions of dollars, cementing his rise in the boxing world while adding another chapter to Drake’s unlucky betting record.
Paul, who had openly stated his goal to earn $40 million and knock out a “legend,” is expected to pocket a massive payout.
Mike Tyson, who is rumored to have a purse of $20 million, is worth an estimated $10 million, according to Celebrity Net Worth. Jake Paul, a YouTuber-turned-boxer, is valued at around $80 million.
Despite the financial stakes, both fighters have emphasized that money isn’t their primary motivation.