Drake Loses Hefty Sum After Betting On Jake Paul To Knock Out Tommy Fury

Rapper Drake has lost the huge wager he placed on Jake Paul to knock out Tommy Fury.

The "One Dance" crooner staked $400,000 on the social media star to bag a possible $1.44 million if the fight had gone in his favor. Fury's brother, Tyson, who is a well-known boxer, staked $100,000 for his sibling to come out on top in the ring.

Drake previously gambled huge bets on the Super Bowl, AFC Championship, UFC, and the World Cup.  The rapper was also recently cleared from having to undergo a deposition following allegations of involvement in XXXTentacion's murder.

Keep on reading to learn more.

Following the hugely anticipated fight between Tommy Fury and influencer Jake Paul, rapper Drake has lost a hefty sum of money, according to The Mirror.

Drake backed Paul to defeat Fury by staking $400,000 on the YouTube Star. His bet would have only been won if Paul had taken out Fury by knockout. Unfortunately for the rapper, this didn't happen, and the fight ended up being decided by a narrow split decision defeat in Fury's favor.

On Drake's Instagram page was a post of the betting slip, indicating that Paul was given 3.60 odds to win the fight. This implied that Drake would have bagged $1.44 million if the wager went in his favor and over $1 million when his stake was excluded.

Meanwhile, Tommy's brother, Tyson, backed him to take out Paul when they hit the ring. In an interview with IFL TV, he shared that he staked $100,000 on his brother to come through with the victory.

"I've got 100 racks on it for an inside-the-distance stoppage, so if he loses, then I'll lose 100 bags as well. I've got him at 3/1," The Gypsy King said per Daily Mail.

He added confidently, "I know Tommy is going to knock him out. What is a little bit stupid is I see all these experts and professional boxers picking Jake Paul over Tommy."

It's no surprise that Drake staked heavily on the match as his reputation on the sports gambling scene is well known.

The Canadian rapper recently gambled a total of $965k on multiple bets on the Super Bowl, which saw the Kansas City Chiefs come out tops. Fortunately, one of the bets came through with a $1.477m win, bagging the singer a profit of $512k.

The "God's Plan" crooner also won $2 million last month after putting a $1 million winning wager on the Chiefs to defeat the Cincinnati Bengals in the AFC Championship.

Drake has also experienced some losses on some of his bets. He lost a $ 1 million stake on Argentina to defeat France at the World Cup. While the La Albiceleste team, led by Lionel Messi, beat The Blues, the win came through a penalty shootout, which Drake's bet did not account for.

Also, in November, he put up $2 million in Canadian money for Israel Adesanya to defeat Alex Pereira in the UFC 281. However, the former was knocked out in the fifth round of the fight.

Drake recently shared that he's been musing about taking a "graceful exit during an interview with rapper Lil Yatchy to promote the latter's FUTUREMOOD company.

His announcement did not reveal if he was referencing plans to quit his music career, which has seen him release seven studio albums, four EPs, with over 170 million records sold globally.

"I think I'm at the point now where I just wanna, like, I feel like maybe we talked about this the other day, but I feel like I'm kind of introducing the concept in my mind of a graceful exit," the singer said, per Complex.

The rapper was also cleared by a judge of having to take a deposition in the ongoing trial to bring to justice the murderers of XXXTentacion.

The judge made the pronouncement on Friday afternoon, ordering that the rapper's name "be stricken" from the trial. He ruled that there was insufficient proof that Drake was responsible for XXXTentacion's murder.

"Drake was among a group of hip-hop stars listed as potential defense witnesses," the judge said, per CBS News.

Jahseh Onfroy, alias XXXTentacion's was shot and died in Deerfield Beach in 2018. Onfroy had written on his Instagram page months ago that Drake would be the culprit if he were to be killed. Afterward, he reported he had been hacked and withdrew the message. Three persons are presently on trial for his death.