Drake's Sports Betting Losses Add Up to $1.3M in 2024

Following a high-profile loss with his bet on Mike Tyson, the artist’s public wagers in 2024 have seen him lose $1.38 million this year.

Alexandra Griffiths - News Editor at Covers.com
Alexandra Griffiths • News Editor
Nov 22, 2024 • 13:03 ET • 4 min read
Photo By - Imagn Images.

The Drake Curse struck again last weekend, as the man who has become almost as famous for his gambling losses as he is for his music lost a huge bet on the Mike Tyson vs. Jake Paul fight. 

Drake risked $355,000 betting on Tyson to win, sharing a screenshot of the Stake betting slip on Instagram. Had Tyson been triumphant, Drake would have taken a payout of more than $1 million. But of course, it wasn’t to be. 

This is far from the first time that Drake has lost out on big bets. In fact, it has happened so many times now that fans have coined the term "The Drake Curse." But is there any truth behind the rumors that the hip-hop star's bets put a curse on some of the world’s best sports stars? 

Drake + Stake

Drake announced a partnership with Stake.com, which operates almost exclusively in cryptocurrency, in 2022. Since then, most of Drake's public sports bets have been made on that platform and shared on his social media channels.

He's listed on the company's website as a long-time member of their community and a player "storming the high ranks" of their VIP program.

The bets behind 'The Drake Curse'

Drake’s recent bet on Tyson grabbed headlines, as did Jake Paul’s reaction to the news that Drake had bet against him. But losses like these have definitely overshadowed some of Drake’s more recent wins. 

The day after his loss on the Tyson vs. Paul fight, the artist was triumphant with a $450,000 bet on Jon Jones to defend his UFC heavyweight crown against Stipe Miocic. That bet brought in $954,000 total, and returned Drake to his current “not cursed” status. 

In June, Drake made $500,000 wagers on both the Dallas Mavericks at +175 and the Edmonton Oilers at +105 to win the Larry O’Brien Trophy and Stanley Cup, respectively. 

The total winnings from Drake’s bets on the Mavericks and Oilers would have been $2.4 million: a $1.375 million payout on the Mavericks and a $1.025 million win on the Oilers. But, unfortunately for him, the curse struck once again. 

Drake’s been far more successful in his predictions for some sports than others, though. Let’s take a closer look at how this alleged curse has played out across different sports. 

Date Event Bet Win/Loss Profit/Loss Odds
Nov. 16 UFC 309 Jon Jones to KO Stipe Miocic Win $504,000 -121
Nov. 15 Jake Paul vs. Mike Tyson Mike Tyson to beat Jake Paul Loss -$355,000 -185
Aug. 17 UFC 305 Israel Adesanya to beat Dricus Du Plessis Loss -$450,000 -111
Sept. 8 US Open men's final Taylor Fritz to beat Jannik Sinner Loss -210,000 +285
July 8 Copa America '24 semifinal Canada to beat Argentina Loss -$300,000 +860
June 9 T20 World Cup 2024 India to beat Pakistan Win $260,000 -250
June 6 NBA Playoffs '23/24 Dallas Mavericks to win NBA Finals Loss -$500,000 +175
June 6 NHL Playoffs '23/24 Edmonton Oilers to win Stanley Cup Loss -$500,000 +105
May 26 IPL Final 2024 Kolkata Knight Riders to win Indian Premier League Win $175,000 -143
May 18 Tyson Fury vs. Oleksandr Usyk Tyson Fury to beat Oleksandr Usyk Loss -$565,000 -130
Apr. 13 UFC 300 Alex Pereira to beat Jamahal Hill Win $519,750 -130
March 8 Anthony Joshua vs Francis Ngannou Francis Ngannou to beat Anthony Joshua Loss -$615,000 +210
Feb. 11 Super Bowl LVIII Kansas City Chiefs to win Super Bowl Win $1.19 million +104
Jan. 20 UFC 297 Sean Strickland to beat Dricus Du Plessis Loss -$700,000 -103
Jan. 1 NBA Regular Season '23/24 Indiana Pacers to beat Milwaukee Bucks Win $162,943 +270

UFC brings Drake’s biggest win – and a huge loss

Based on the wagers he's made public, Drake has now bet a total of $12.7 million on the UFC, and has made a profit with a total return of $13.5 million. He has lost 14 times, but won nine. 

Undeterred by his losses, Drake continues to place huge bets on the UFC fights of the moment. In August, the hip-hop star was unlucky again, losing $450,000 when Israel Adesanya failed to beat Dricus Du Plessis. He would have taken $850,000 had he won. 

That’s not the first time Drake has lost betting on Adesanya, either. In November 2022, Drake’s biggest ever loss came when he bet on Adesanya to beat Alex Pereira at UFC 281. On that occasion, he lost $1.59 million. But a few months earlier, a bet on Adesanya to beat Jared Cannonier did win him $1 million. 

Drake’s biggest win also came in 2022. He staked $2.2 million on both Paddy Pimblett and Molly McCann to win. With his $3.7 million winnings, he celebrated by presenting them both with new Rolex watches. 

Unfortunately, Drake has lost out when betting on UFC favorites on several occasions: notably Aljamain Sterling, Adesanya (three times), and Sean Strickland.

Drake wins $2.3M by Siding with the Swifties

Drake is no stranger to betting on the NFL. And while the curse has reared its ugly head on a few of these bets, the NFL is actually Drake’s most profitable sport, bringing in more than $2.1 million in winnings. 

One of Drake’s biggest NFL wins to date came in February, when the singer captioned a post sharing his Super Bowl bet with “I can't bet against the Swifties." His $1.15 million bet on the Kansas City Chiefs at +104 odds won him $1.196 million.

Drake has defeated the alleged curse with NFL bets on a number of other occasions, too. 

Drake placed a total of seven bets on Super Bowl LVII, between the Chiefs and Philadelphia Eagles. One of those bets was a $700,000 wager on Kansas City, which happened to be a winner. 

Drake also bet $1.1 million on the Chiefs to beat the Bengals in the AFC Championship in the same season.

In early 2022, the star famously bet $600,000 in crypto on the Los Angeles Rams to win Super Bowl LVI over the Cincinnati Bengals. He also came out on top with a $500,000 bet on a touchdown by Rams wideout Odell Beckham Jr. in the same game. On that occasion, his winnings totaled more than $1.4 million.

Battling the Curse (and losing) with boxing bets 

Drake’s boxing bets haven’t turned out quite as well as he might have hoped. Even while betting on favorites, the artist has suffered some incredibly high profile losses with his bets on the sport.

Overall, Drake is currently down by $1.3 million from his public boxing bets. He’s only won two of his last 10 bets on boxing matches.

Drake’s biggest boxing loss was a $615,000 bet on Francis Ngannou to beat Anthony Joshua in March. 

It has not been all bad news for Drake’s boxing bets, however. His best bet on the sport was his correct prediction that Logan Paul would win against Dillon Danis in October 2023. Danis was disqualified in the match, which saw Drake triumph. 

Is 'The Drake Curse' real? 

Talk of The Drake Curse shows no sign of slowing down, but analysis of Drake’s bets in recent years gives a slightly more positive picture. When we look at the data from all of Drake’s public sports bets to date, we can see that he is currently up $2.2 million. 

Drake’s winnings have taken a definite hit this year, however, leading many to suggest that the curse could be taking hold once again. The artist’s 2024 bets have brought in an overall loss of $1.38 million. Looking at his last 10 bets, he’s lost $1.94 million. 

Not all of Drake’s bets will have been shared publicly, of course. But of those that have, we can see that he’s bet at least $30.3 million in more than 70 bets. He’s won on a total of 26 occasions, which means his strike rate now sits at 28.9%. 

Cursed or not, the musician has definitely made a name for himself as a high roller. His average bet is a cool $433,000 - and many have been far higher than that. He’s now placed nine bets over $1 million.  

Will Drake’s next bets cement his position as the high roller of hip-hop, or confirm the existence of The Drake Curse for good?

Drake's sports bets from 2022-23

Date Event Bet Win/Loss Profit/Loss Odds
Dec. 16, 2023 UFC 296 Leon Edwards to KO Colby Covington Loss -$250,000 +380
Oct. 14, 2023 Logan Paul vs. Dillon Danis Logan Paul to KO Dillon Danis Win $501,500 -169
Sept. 9, 2023 UFC 293 Israel Adesanya to KO Sean Strickland Loss -$500,000 -119
Aug. 19, 2023 UFC 292 Aljamain Sterling to beat Sean O'Malley Loss -$500,000 -244
Aug. 5, 2023 Jake Paul vs. Nate Diaz Nate Diaz to beat Jake Paul Loss -$250,000 +300
July 8, 2023 UFC 290 Alexander Volkanovski to beat Yair Rodriguez Win $270,000 -370
July 8, 2023 UFC 290 Alexander Volkanovski to KO Yair Rodriguez Win $462,500 +185
June 1, 2023 NBA Playoffs '22/23 Denver Nuggets to win NBA Finals Win $230,000 -435
June 1, 2023 NBA Playoffs '22/23 Denver Nuggets to win series 4-1 Win $600,000 +240
April 22, 2023 Gervonta Davis vs. Ryan Garcia Gervonta Davis to win in Round 1 Loss -$15,000 +2,500
April 22, 2023 Gervonta Davis vs. Ryan Garcia Gervonta Davis to win in Round 2 Loss -$15,000 +2,100
April 22, 2023 Gervonta Davis vs. Ryan Garcia Gervonta Davis to win in Round 3 Loss -$15,000 +1,700
April 22, 2023 Gervonta Davis vs. Ryan Garcia Gervonta Davis to beat Ryan Garcia Win $380,000 -263
April 8, 2023 UFC 287 Jorge Masvidal to beat Gilbert Burns Loss -$300,000 +370
April 8, 2023 UFC 287 Jorge Masvidal to KO Gilbert Burns Loss -$200,000 +760
April 8, 2023 UFC 287 Israel Adesanya to beat Alex Pereira Win $385,000 -130
April 8, 2023 UFC 287 Israel Adesanya to KO Alex Pereira Win $1.4 million +360
April 3, 2023 NCAA National Championship UConn to win by 6-10 points against San Diego State  Loss -$250,000 +334
April 3, 2023 NCAA National Championship UConn to win by 11+ points against San Diego State Win $130,000 +130
April 1, 2023 NCAA Tournament - Final Four 2023 Florida Atlantic to beat San Diego State in 2x parlay
Miami to beat UConn in 2x parlay
Loss -$250,000 +532
March 4, 2023 UFC 285 Jon Jones to KO Ciryl Gane Loss -$250,000 +420
March 4, 2023 UFC 285 Jon Jones to submit Ciryl Gane Win $1.45 million +580
Feb. 26, 2023 Jake Paul vs. Tommy Fury Jake Paul to KO Tommy Fury Loss -$400,000 +260
Feb. 12, 2023 Super Bowl LVII Chiefs to win Super Bowl LVII Win $777,000 +111
Feb. 12, 2023 Super Bowl LVII Travis Kelce to win Super Bowl MVP Loss -$25,000 +1,200
Feb. 12, 2023 Super Bowl LVII Chiefs to win each quarter  Loss -$30,000 +2,000
Feb. 12, 2023 Super Bowl LVII Chiefs to win both halves Loss -$50,000 +400
Feb. 12, 2023 Super Bowl LVII Juju Smith-Schuster to score 1st TD Loss -$50,000 +900
Feb. 12, 2023 Super Bowl LVII Patrick Mahomes to score 1st TD Loss -$50,000 +1,400
Feb. 12, 2023 Super Bowl LVII Tight End to win Super Bowl MVP Loss -$60,000 +900
Jan. 29, 2023 AFC Championship Chiefs to beat Bengals Win $957,000 -115
Jan. 29, 2023 NFC Championship 49ers to beat Eagles Loss -$850,000 +125
Dec. 18, 2022 World Cup '22 Argentina to beat France in 90 minutes Loss -$1 million +175
Nov. 12, 2022 UFC 281 Israel Adesanya to beat Alex Pereira Loss -$1.59 million -222
Oct. 16, 2022 Premier League/La Liga Arsenal to beat Leeds United in 2x parlay
Barcelona to beat Real Madrid in 2x parlay
Loss -$600,345 +368
Sept. 30, 2022 NFL Regular Season 2022 Dolphins to beat Bengals in 3x parlay Loss -$208,645 +978
Aug. 20, 2022 UFC 278 Kamaru Usman to KO Leon Edwards Loss -$149,000 +260
Aug. 20, 2022 UFC 278 Kamaru Usman to win in Round 4 Loss -$49,790 +1,600
Aug. 20, 2022 UFC 278 Jose Aldo to beat Merab Dvalishvili Loss -$238,934 +116
July 23, 2022 UFC Fight Night: Blaydes vs. Aspinall Molly McCann & Paddy Pimblett to win Win $1.42 million -161
July 2, 2022 UFC 276 Israel Adesanya to beat Jared Cannonier Win $285,714 -350
June 18, 2022 NBA Western Conference Warriors to win conference Win $800,000 +400
June 5, 2022 NHL 2022 Rangers to beat Lightning in 2x parlay Loss -$273,612 +257
May 22, 2022 Spanish Grand Prix 2022 Charles Leclerc to win Loss -$233,400 +150
May 16, 2022 NBA Conference Semifinals Mavericks to beat Suns in 1/3x parlay Win $1.17 million +764
May 16, 2022 NHL Playoffs '21/22 Rangers to beat Penguins in 1/3x parlay
Flames to beat Stars in 2/3x parlay
Win $657,267 +764
May 12, 2022 NHL Playoffs '21/22 Lighting to beat Maple Leafs in 7-game series Win $800,000 +200
May 7, 2022 UFC 274 Justin Gaethje to beat Charles Oliveira Loss -$427,000 +150
April 28, 2022 NFL Draft Drake London to be 1st WR drafted Win $235,000 +235
April 25, 2022 NBA Playoffs 2022 Nets, Mavericks, Blue Jays 3x parlay Loss -$400,160 +459
April 3, 2022 NCAA Tournament - Final Four 2022 Duke to beat North Carolina Loss -$100,000 -192
March 6, 2022 UFC 272 Jorge Masvidal to beat Colby Covington Loss -$275,000 +275
Feb. 13, 2022 Super Bowl 2022 Rams to win Super Bowl LVI Win $306,000 -196
Feb. 13, 2022 Super Bowl 2022 Odell Beckham Jr. over 62.5 receiving yards Loss -$500,000 -123
Feb. 13, 2022 Super Bowl 2022 Odell Beckham Jr. to score TD Win $575,000 +115

Pages related to this topic

Alexandra Griffiths - Covers
News Editor

Alexandra Griffiths is a writer and reviewer based in London, UK. Having studied History at the University of York, Alexandra went on to complete a Masters degree in Journalism at the University of Sheffield. From there, Alexandra headed straight into a career in writing, working with well-known sportsbooks, casinos and online gambling companies such as Ladbrokes. Alexandra is passionate about seeking out the next big thing in online gambling, and always has an eye out for new sportsbooks and slots that are set to take the world by storm.

Popular Content

Covers 25 Years Logo Established in 1995,
Covers is the world
leader in sports
betting information.
Covers is verified safe by: Evalon Logo GPWA Logo GDPR Logo GeoTrust Logo Evalon Logo