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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.
“It was incredibly difficult to watch”
Andy Scott on Jake Paul defeating former heavyweight world champion Mike Tyson, who is more than twice his age pic.twitter.com/wZxjbl9Ega
— Sky Sports News (@SkySportsNews) November 16, 2024
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.
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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.
Drake has lost $355,000 betting on Mike Tyson to beat Jake Paul. pic.twitter.com/HFJxnsf1EY
— YabaLeftOnline (@yabaleftonline) November 16, 2024
Jake Paul bowed and showed respect to Mike Tyson in the final moments of the fight pic.twitter.com/9mDDY7zV7c
— Happy Punch (@HappyPunch) November 16, 2024
In similar news, FunnyMike destroys his TV after betting on Mike Tyson. Watch the viral video below;
FunnyMike destroys his TV after betting on Mike Tyson.
— YabaLeftOnline (@yabaleftonline) November 16, 2024
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