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

Canadian rapper Drake isn’t afraid to place his cash the place his mouth is with regards to putting large bets on sporting occasions. 

The previous heavyweight champion of the world Mike Tyson and YouTuber-turned skilled boxer Jake Paul confronted off on Friday evening. The long-awaited battle garnered appreciable curiosity and attracted a excessive quantity of wagers.

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Drake leaves the court docket following the NBA recreation between the Toronto Raptors and the LA Clippers at Scotiabank Enviornment on December 27, 2022 in Toronto, Canada. (Cole Burston/Getty Photos)

Drake was assured the 58-year-old Tyson would have the ability to prevail within the match towards the 27-year-old Paul and positioned a wager of some hundred thousand {dollars} on “Iron Mike.” However, Paul finally defeated Tyson in a unanimous resolution. 

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US YouTuber/boxer Jake Paul celebrates successful the heavyweight boxing bout towards US retired pro-boxer Mike Tyson (R) at The Pavilion at AT&T Stadium in Arlington, Texas, November 15, 2024. (Photograph by TIMOTHY A. CLARY / AFP)  (TIMOTHY A. CLARY/AFP by way of Getty Photos)

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In a social media put up, Drake confirmed his $355,000 wager on Tyson to win, which was made at +285 odds. Given these odds, the five-time Grammy winner would have been in line for a pay out of round $1 million {dollars}.

Drake was not the one notable particular person to lose a hefty sum following the battle’s end result. UFC star Conor McGregor mentioned he put down a complete of $1 million on fights that had been scheduled for this weekend.

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Jake Paul and Mike Tyson embrace after their heavyweight boxing match, Friday, Nov. 15, 2024, in Arlington, Texas.  (AP Photograph/Julio Cortez)

One in all McGregor’s wagers was for Tyson to win towards Paul. He additionally positioned a wager on Saturday’s UFC 309 occasion between Jon “Bones” Jones and Stipe Miocic. 

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After Friday’s battle, Paul was requested about the potential of a battle between him and McGregor sooner or later. “Yeah, he’ll by no means do this, although,” Paul mentioned, earlier than his supervisor Nakisa Bidarian jumped in and mentioned, “One, he’s below contract. And two, he gained’t do this. He is aware of higher.”

The Tyson-Paul bout was additionally suffering from buffering points. The bandwidth issues raised some considerations about Netflix’s capability to supply regular streams for NFL video games this Christmas. 

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