Drake Makes a Bitcoin Bet Worth Nearly $1.3 Million on Upcoming Super Bowl Match

Popular Canadian rapper Aubrey Drake Graham, also known mononymously as Drake, made a massive bitcoin bet on Sunday’s Super Bowl Game between the Los Angeles Rams (LA Rams) and the Cincinnati Bengals.

• Drake took a snapshot of his bet and posted it on Instagram for his over 100 million followers, with the caption “All bets are in on the family.” The rapper’s wager was a total of $1.26 million in bitcoin, which was made via Stake, a cryptocurrency sports betting platform.
• Drake placed a bitcoin bet worth CA$600,000 ($472,476) for the LA Rams to win against the Bengals. The rapper also seemed to be behind Odell Beckham Jr, the LA Rams’ wide receiver, betting CA$500,000 ($393,825) on the footballer to have over 62.5 receiving yards.
• The Canadian celebrity staked another CA$500,000 on Beckham Jr to catch a touchdown. Back in November, the American footballer announced that he will receive his NFL salary in BTC, following a partnership with CashApp.
• Meanwhile, the Super Bowl LVI, which begins on Sunday, February 13, has seen massive interest from different crypto companies. Multiple exchanges have spent millions of dollars on advertisements to reach viewers during the game.
• Sam Bankman-Fried’s FTX recently announced that it will give out free bitcoin as part of its BTC campaign. The platform paid for advertising space back in October 2021.
• Another major cryptocurrency exchange CryptoCom paid over $6 million for a 30 second-ad in the 2022 Super Bowl.