Drake Shares $8 Million Gambling Losses
A quick scroll down Drake's Instagram page will tell you two things: the man enjoys selfies and gambling.
If you follow Drake, you'll probably have seen the word 'Stake' showing up on your feed quite a lot. For context, Stake is an online casino, and while the rapper does not own shares in the company, it was reported by the Financial Times in 2023 that he gets paid $100 million a year to endorse it.
At this point, Drake promotes Stake more than he even promotes his own music or tours. And as part of this, it's not uncommon for him to share screenshots of his bets and winnings. However, in a departure from his usual style of posting, the Canadian recently gave his followers a look at 'the other side of gambling' as he revealed the amount of money he's lost in the past month.
On Wednesday, Drake — whose net worth is reportedly around $250 million — posted a screenshot of his wagering plans for Game 6 of the NBA finals this week, having placed a total of $800,000 on the Oklahoma City Thunder to win. An hour later, he followed up by sharing a screenshot of his losses in the past month, which added up to $8,253,686. The screenshot also showed that he'd seemingly wagered a sum of $124.5 million in that time, too.
'Gotta share the other side of gambling… Losses are so fried right now,' he captioned the story post. 'I hope I can post a big win for you all soon cause I'm the only one that has never seen a max these guys max once a week.'
Honestly, if your eyes are watering just from looking at those figures, you're certainly not alone, as fans online have expressed their utter disbelief at the whole thing.
His IG stories came around the same time he posted a video of himself using ChatGPT to help him gamble…so, yeah. I don't know what to tell you.
If you or someone you know needs support for a gambling problem, you can find out more information here.
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