Rapper Drake is once again embracing high-stakes sports gambling, this time wagering $250,000 on Nate Diaz to secure victory against Jake Paul in their upcoming boxing match.
The Canadian chart-topper has built a reputation for his daring sports bets and recently took to Instagram to share a snapshot of his bet slip, indicating his investment for a potential $1 million payout should Diaz triumph over Paul.
Despite losing $400,000 after betting on Jake Paul’s previous bout against Tommy Paul in February, Drake’s allegiance has shifted this time. The artist justified his choice by referring to his deep respect for the Diaz brothers, asserting that his upbringing played a role in supporting them.
Acknowledging his past miscalculation when he backed Jake Paul, who subsequently lost the fight, the rapper remains unwavering in his commitment to sports betting. Drake’s public approach to his wagers, often showcased on social media, has further cemented his reputation as a high-stakes gambler.
In a previous instance, Drake emerged victorious with a $1.38 million win after betting on Gervonta Davis to defeat Ryan Garcia. However, he did encounter some losses, including $45,000 on three separate bets that incorrectly predicted the round in which Davis would secure victory.
As the anticipation builds for the event between Jake Paul and Nate Diaz, the two competitors engaged in spirited trash-talk during the weigh-in, setting the stage for an intense showdown. Diaz, a revered UFC legend, is making his professional boxing debut, while Jake Paul boasts a record of 6-1 in his boxing career, with his only defeat coming from Tommy Fury.
Despite his past betting ups and downs, Drake’s willingness to place a quarter-million-dollar bet on Diaz showcases his continued engagement with high-stakes sports gambling and his confidence in the seasoned MMA star’schances against the ex-YouTuber-turned-boxer.