Drake Loses Big on Logan Paul Fight Bet Despite Picking the Winner
Canadian rapper Drake has lost nearly $1 million after betting on the outcome of the Logan Paul vs. Dillon Danis fight. The social media personality Logan Paul was the victor, but his win came via disqualification when Danis attempted to choke him during the match in Manchester on Saturday (October 14).
Drake had wagered $850,000 on Paul winning the fight by knockout. However, as the victory came via disqualification, the 6 God’s bet turned out to be a loss. If Paul had won by knockout, Drake would have secured a $1.3 million win.
It’s not the first time that Drake has placed bets on the Stake platform, in which he has an ownership stake. It was previously revealed that the rapper had placed almost $1 billion in virtual bets since 2021, all through the Stake platform.
In the past, Drake has bet on sporting events such as the fight between YouTuber-turned-boxer Jake Paul (Logan Paul’s brother) and former UFC contender Nate Diaz. He bet $250,000 in favor of Diaz, but Paul won via unanimous decision, leading to a loss for Drake.
