Drake won two of his three Super Bowl LVI bets, taking home more than $1 million in bitcoin winnings.
Viral Last week, Canadian rapper Drake made headlines when he bet over $1.26 million in Bitcoin on Super Bowl LVI, taking to Instagram to show the world his bet on the Bitcoin casino and sports betting platform, Stake.
Drake bet more than $471k on the Rams to win outright and received a payout of more than $711k. The rapper also placed two other bets, both on Rams superstar and Bitcoiner Odell Beckham Jr. Both bets risked $393k each on Beckham receiving 62.5 yards and scoring at least one touchdown, with Odell scoring a first-quarter touchdown winning the $844k payout. Drake did not win his final bet because Beckham’s evening was cut short due to a knee injury, with only 52 receiving yards, according to CBS Sports.
Drake would have made another $711k in Bitcoin, totaling $2.27 million, if the last bet had come true, but instead walked away with a profit of just over $1.5 million. With celebrities such as Drake taking large BTC positions in sports betting, the bitcoin sports-betting landscape has become even more exciting.
“This is everything I’ve ever wanted,” Beckham told CBS Sports. “And there was a time when I was in the back room and they told me I was done, that I couldn’t play any longer. And I had to come back out there and be a part of it because it was bigger than me. And these boys persevered and made it happen.”
Beckham chose to accept his new salary in bitcoin last fall, joining Green Bay Packers quarterback Aaron Rodgers as the latest NFL player to do so.
Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.