Drake reveals huge loss due to gambling bets this month

Drake is no stranger to gambling, often betting millions of dollars on sporting events. However, it’s not always sunshine and roses, and the Toronto rapper is being candid with fans about his experience.

The ‘God’s Plan’ rapper took to his Instagram Stories on June 18th to admit he’s lost over $8 million in gambling bets in May.

“Gotta share the other side of gambling,” he wrote. “Losses are so fried right now. 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.”

In his screenshot, he also revealed he’s gambled almost $125 million this month, including $75 million in the past fortnight and $50 million in the past week.

Earlier this year, Drake reportedly signed a $100 million deal with online gambling platform Stake. In a promo video for the company, he opened up about his biggest ever win.

“The biggest win I ever had, I was actually in Dave & Busters — and this is testament to playing in a brick-and-mortar casino versus playing on Stake,” he said. “I was getting this random girl to call roulette numbers and I hit, like, eight out of 10 numbers. I think by the end of the night, we had won like $38 million, $40 million. Yeah, $40 million.”

He added, “It was crazy. The craziest night ever gambling, for sure. January of 2024 was crazy. There’s not even a word for it.”

Still, he considers NBA legend Michael Jordan the greatest at gambling. “He’ll gamble on anything,” he said. “I think it was All-Star Weekend in Toronto and he had an event to be at, and I beat him at ping pong a couple of times.

“He just wouldn’t leave the ping pong table. He just kept betting bands. Like, 10 bands, 20 bands. He kept betting ’cause he just couldn’t stomach the loss. He’s definitely not a quitter. I respect him deeply for his gambling nature.”