Drake Just Lost $8 Million in One Month Betting on Sports—And Fans Are Shook

Drake is no stranger to big bets. The Toronto rap superstar has been flexing his sports betting habit for a while now, often posting jaw-dropping wins (and occasional losses) on Instagram. But this time? The L is massive.

This week, Drake casually shared screenshots showing he lost over $8 million in just one month on sports wagers. Yes, you read that right—$8 million gone in 30 days. Naturally, fans went wild online, with some saying “he’s built different” while others questioned if gambling this hard is even worth it.

The High-Stakes Habit

For those who’ve been following Drake’s betting journey, this comes as no surprise. He’s a well-known partner with Stake, a crypto-based betting platform, and often livestreams himself betting on UFC fights, NBA games, and more. Sometimes he walks away with a bag—other times, like this month, he leaves empty-handed.

To put this $8 million loss in perspective: that’s enough to buy a mansion in LA, fund a world tour, or pay for lifetime studio sessions. Even with Drake’s mega-net worth (rumored to be over $250M), it still stings—and it’s got people wondering how much more he’s willing to risk.

Fans Weigh In

Social media wasted no time reacting. Twitter was full of hot takes:

“Bruh, Drake could’ve bought a whole soccer team.”
“At this point, it’s not gambling, it’s a lifestyle.”
“Rich flex gone wrong.”

But the bigger convo? Whether celebs like Drake glamorize gambling too much, especially when younger fans look up to them. The hip-hop world has long been tied to casinos, betting, and high-roller energy—but seeing losses this big brings a whole new vibe.

Will It Change Anything?

If you’re wondering whether Drake’s ready to quit... don’t count on it. After posting the screenshots, he laughed it off with a casual “You win some, you lose some.” Looks like he’s still riding the wave—for now.

Whether this latest $8 million burn will make him rethink things is anyone’s guess. But one thing’s clear: when it comes to Drake, the bets (and the headlines) just keep getting bigger.

Check out Rap Rewind for the latest hip hop vibes and cop your fave champion hoodies and sweatshirts today.

Image: Drake performing in July 2016 by The Come Up Show is licensed under CC BY 2.0