Drake shocked fans by revealing he lost more than $8 million in gambling this month. The rapper shared his losses on Instagram, sparking mixed reactions online.
Drake posted on Instagram Stories about his recent gambling losses. He wrote, “Gotta share the other side of gambling… Losses are so fried right now. I hope I can post a big win for you all soon cause I’m the only one that has never seen a max these guys max once a week.” The rapper admitted losing $8 million in just one month.
Reports show Drake placed nearly $125 million in bets over the past month. This includes a $6 million loss on Fortnite bets. Despite the heavy losses, he continues to bet big on sports, including $800,000 on the NBA Finals.
Fans had strong reactions to Drake’s gambling confession. Some criticized him, while others joked about his losses. One fan on X (formerly Twitter) wrote,
“is he not ashamed?”
Another added,
“I get people liking his music because music is music. But if you admire him as a person and defend him like the Stans we all see online, it’s a tell-tale sign you’re a loser. There are literally NO exceptions to this rule and it’s a useful red flag to keep these people away.”
Some fans referenced Drake’s feud with Kendrick Lamar. One user posted,
“as kendrick said bro def has gambling problems.”
Another joked,
“Still richer than Kendrick so it’s still a W.”
Kendrick Lamar mentioned Drake’s gambling habits in his diss track “Meet The Grahams.” The song, released in 2024, accused Drake of having a gambling addiction.
Drake is known for his high-stakes betting. He often shares his wins and losses on social media. His partnership with crypto betting platform Stake has also drawn attention. The rapper promotes the site to his millions of followers.
Despite the recent losses, Drake remains confident. He placed two bets on the NBA Finals Game 6. One was $600,000 on the Oklahoma City Thunder winning outright. The other was $200,000 on the Thunder winning by 6-10 points. If both bets win, he could earn around $1.7 million.
The rapper also tagged Thunder star Shai Gilgeous-Alexander in his post. He wrote, “Check that box @shai.” Fans speculated whether this was a sign of support or a superstition.
Drake’s betting history has been a topic for years. Many joke about the “Drake Curse,” where teams he supports often lose. Earlier this year, he dismissed the idea in a mock interview with Stake. He said,
“I feel like I don’t play sports, whether I picked the wrong team or not, if I could get out there and win for all your favorite teams, I would… I am a flawed sports better. I will not deny that. That’s not my gift.”
He also pointed out that the Toronto Raptors won the NBA Championship in 2019 despite his support.
Drake’s gambling losses are not new. In August 2024, he lost $450,000 when Israel Adesanya lost a UFC fight. In November 2024, he lost $355,000 betting on Mike Tyson against Jake Paul.
Despite the losses, Drake’s net worth remains high. Celebrity Net Worth estimates his fortune at around $250 million. Some fans argue that his losses are insignificant compared to his wealth.
Others worry about the influence of his gambling promotion. Stake, the platform he endorses, is banned in some countries. Critics say Drake’s posts could encourage risky behavior among young fans.
The rapper has not commented further on the backlash. His recent posts suggest he is still betting heavily. Fans will be watching to see if his NBA Finals wagers pay off.
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