Sports

Drake loses staggering sum after placing wager on Mike Tyson to defeat Jake Paul

Canadian rapper Drake is known for his love of sports and his willingness to place big bets on sporting events. Recently, he made headlines for placing a massive wager on the highly anticipated fight between former heavyweight champion Mike Tyson and YouTuber-turned professional boxer Jake Paul.

Drake was confident in Tyson’s abilities and placed a bet of a few hundred thousand dollars on him to win the fight. However, to his surprise, Paul emerged victorious in a unanimous decision, causing Drake to lose out on a potential payout of around $1 million. The rapper took to social media to share his $355,000 bet on Tyson at +285 odds, showcasing his belief in the veteran boxer.

But Drake wasn’t the only one who lost a hefty sum on the fight. UFC star Conor McGregor also revealed that he had placed a $1 million bet on various fights scheduled for that weekend, including the Tyson-Paul matchup. McGregor had bet on Tyson to win, as well as on the UFC 309 event between Jon “Bones” Jones and Stipe Miocic.

Following the fight, there was speculation about a potential matchup between Paul and McGregor in the future. However, Paul dismissed the idea, citing McGregor’s contractual obligations and his reluctance to engage in such a bout. Despite the outcome of the fight, the event garnered significant interest and showcased the growing crossover appeal of celebrity boxing matches.

In addition to the fight itself, the Tyson-Paul bout was marred by technical issues, including buffering problems that affected the live stream. This raised concerns about the ability of streaming platforms like Netflix to provide reliable streams for major sporting events, such as NFL games during the holiday season.

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Overall, Drake’s bold bet on Tyson and the unexpected outcome of the fight added an extra layer of excitement to an already highly anticipated event. While the rapper may have lost out on a significant sum, his willingness to take risks and his passion for sports betting continue to make headlines in the world of entertainment and sports.

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