Canadian rapper and global superstar Drake has revealed staggering gambling losses totaling over $124 million in just one month, sparking concern and conversation across social media and the entertainment world.

Massive Losses Revealed on Instagram

The God’s Plan and One Dance hitmaker took to his Instagram Story this week to share a screenshot from his profile on Stake, the cryptocurrency-based betting platform with which he has a well-known partnership.

According to the screenshot, Drake lost a total of $124,527,265 over the last 30 days. The rapper captioned the post with a candid message:

“Gotta share the other side of gambling… 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 a max — these guys max once a week.”

The post offers rare insight into the volatile side of high-stakes betting, even for celebrities with immense wealth.

A String of High-Profile Sports Betting Losses

Drake, whose real name is Aubrey Graham, has gained a reputation for placing high-risk bets on major sporting events — often drawing headlines for both his wins and losses.

  • In August 2024, Drake lost $450,000 after backing Israel Adesanya, who was defeated by Dricus du Plessis in the UFC middleweight title fight.

  • In November 2024, he wagered $355,000 on Mike Tyson in his comeback bout against Jake Paul at AT&T Stadium in Arlington, Texas — a fight Tyson lost, adding to Drake’s mounting losses.

These high-stakes wagers are part of what fans and the media have dubbed the “Drake Curse,” a running joke that teams or athletes he supports often end up losing.

A Cautionary Tale in Celebrity Betting Culture

Drake’s transparent post about his massive gambling loss has sparked mixed reactions. While some fans admired his honesty, others expressed concern over the scale of the losses and the message it might send to younger followers.

Though his net worth is estimated to be over $250 million, such sustained losses—even for a superstar—highlight the risks of compulsive betting, particularly in the age of online platforms and cryptocurrency wagering.

Looking Ahead

Whether Drake’s luck will change or not remains to be seen. The rapper hinted at hoping to “post a big win soon,” but for now, his recent betting streak underscores the unpredictable—and often unforgiving—nature of gambling, even for one of music’s biggest names.