Drake, Canadian rapper gambled $355,000 on Mike Tyson in his fight against Jake Paul. It took place on November 15 at the AT&T Stadium in Arlington, Texas.
Drake is known for his sports betting. He backed 58-year-old Tyson in his return to the ring. Yet, the latter lost to 27-year-old Paul by unanimous decision. This results in Drake losing his bet.
It is not the first time Drake has faced notable losses in sports betting.
Before, he lost £790,000 betting on Argentina to win against France in the 2022 World Cup final. Moreover, £950,000 backing Jack Paul against Tommy Fury, and £448,000 on Tyson Fury against Oleksandr Usyk.
Related to this event, other important bettors like Conor McGregor also faced losses on their bets related to this event.
Jake Paul defeated Mike Tyson by unanimous decision in an eight-round fight at the AT&T Stadium. The judges scored the bout 80-72, 79,73, and 79-73. All of these are in favor of Paul.
After nearly two decades of retirement, Tyson, 58, returned to the ring.
The event aired live on Netflix and drew a large global audience. However, technical issues disrupted the broadcast. This includes interruptions and service outages, which drew criticism from viewers.
