Drake Pockets $381,000 From Super Bowl Bitcoin Bets

BIT4YOU.io
3 min readApr 14, 2022
Drake Pockets $381,000 From Super Bowl Bitcoin Bets (by bit4you)

The Los Angeles Rams’ victory over the Cincinnati Bengals brought Canadian rapper Drake $ 381,000 in bitcoins. Recall that the match took place on February 13 in Los Angeles. Then Rams defeated the Bengals with a score of 23–20 in the Super Bowl LVI 2022.

Who is Drake?

Canadian rapper and actor. He gained his popularity starring in the youth TV series “Degrassi: The next generation”, which aired on CTV. He began his musical career with the release of his debut mixtape “Room for Improvement” in 2006. Now Drake is on the list of the most successful and richest rappers. His current profit is about $ 180 million.

Drake’s winning bet

So how exactly did Drake make his winning bet? The truth is that he placed three bitcoin bets totaling 1.6 million Canadian dollars before the game. Drake received $ 306,000, which is 5.65 BTC in Bitcoin terms, from the winning bet of $ 600,000 on Rams winning. In addition, from a post on his personal Instagram account, it is also known that he made two more bets of $ 500,000 each on Los Angeles-based Rams player Odell Beckham Jr. Although Beckham was forced to leave the game due to injury, his first goal of the game provided Drake with $ 575,000.

Successes of Odell Beckham Jr in crypto business

It’s also worth mentioning that Odell Beckham Jr. frequently invests in cryptocurrency. This is since Beckham Jr. receives his $ 4.25 million paychecks in cryptocurrency. Furthermore, he hosted the distribution of $1 million in bitcoins from CashApp.

Reference: Odell Beckham Jr. (mostly known as OBJ) — American football player in the National Football League. Plays for the Los Angeles Rams as a wide receiver.

Not the only victories

Despite his victory, Drake ended the week with financial losses. All this is due to not very successful six-digit rates on cryptocurrency through the Stake site. However, this is not the first story, because his followers on Instagram have often witnessed his million-dollar bets through this service.

Advantageous offers from Coinbase and FTX

But it wasn’t just Drake who made a profit that day. On Sunday night, the Coinbase website began a promotion offering free bitcoins for $ 15 to everyone who signed up for the service. This suggestion was so popular that the Coinbase website briefly went down. Another digital resource that held promotions that evening was FTX. Then FTX, one of the leading cryptocurrency exchanges, announced a competition to receive hundreds of thousands of dollars in bitcoins due to its Twitter link to the Super Bowl commercial.

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