Canadian rapper Drake has reportedly lost a massive $355,000 after betting on boxing legend Mike Tyson in his bout against Jake Paul.
The highly anticipated match, held at AT&T Stadium in Arlington, Texas, followed a year of intense buildup between the two fighters.
Despite Tyson’s legendary status, Jake Paul secured a victory with a unanimous decision, leaving Drake’s gamble on the former heavyweight champion unsuccessful.
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The rapper, notorious for his high-stakes sports betting, had wagered the hefty sum on Tyson’s victory. However, the outcome extended what fans jokingly refer to as the “Drake Curse,” a pattern of losing bets associated with his predictions.
Drake, known for his high-profile bets, has gained a reputation for backing athletes and teams that often face defeat, whether in UFC, soccer, or basketball—further fueling the “Drake Curse” narrative.
The event, held before a massive crowd of 65,000 at AT&T Stadium, was one of the most significant pay-per-view spectacles in recent history, with some VIP tickets reportedly reaching a staggering $2 million.
Although the exact prize money has not been disclosed, the fight’s winner is expected to walk away with tens of millions of dollars.
Jake Paul, who openly declared his ambition to earn $40 million and knock out a “legend,” is anticipated to secure a substantial payout from the bout.
Mike Tyson, reportedly earning a $20 million purse for the fight, has an estimated net worth of $10 million according to Celebrity Net Worth. In contrast, Jake Paul, the YouTuber-turned-boxer, is valued at approximately $80 million.
Despite the significant financial stakes, both fighters have emphasized that their primary motivation extends beyond money, focusing on legacy and personal goals.
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