Drake won $1.2 million in Bitcoin on Super Bowl betting
Popular Canadian rapper – Aubrey Drake Graham (better known as Drake) – won $1,262,000 worth of bitcoin after the Kansas City Chiefs emerged victorious from Super Bowl LVII and Patrick Mahomes scored a touchdown.
His last year’s efforts were also successful, earning him a profit of $300,000 in BTC.
Super Bowl is immune to ‘Drake’s Curse’
The singer tried his luck at this year’s Super Bowl betting at a number of events. He bet $700,000 in bitcoin on the Kansas City Chiefs to win the game for which he earned $777,000 in BTC.
Drake’s other bet included Patrick Mahomes scoring a touchdown, staking $50,000 worth of the primary cryptocurrency. The athlete finished the game with three touchdowns resulting in a $700,000 win.
The Canadian also predicted that JuJu Smith-Schuster will score a touchdown, the Kansas City Chiefs will win both halves and each quarter, Travis Kelce will be MVP, and the position of MVP will be tight end. He placed $215,000 in BTC on these bets, which turned out to be unsuccessful.
The Chiefs were down in the first half and made a comeback towards the end of the game, while the MVP was quarterback Patrick Mahomes.
In the aftermath, Drake’s total profit equaled $1,262,000 worth of the leading digital asset. He once again used the sports betting platform – Stake.
The musician Won $300,000 in BTC last year when the Los Angeles Rams (LA Rams) won Super Bowl LVI, while Odell Beckham Jr. (OBJ) scored a touchdown.
Contrary to his predictions about American football, he has lost a number of bets on other sports, such as football, boxing and the UFC. Many teams and athletes suffered a downturn after he announced his support for them, leading to the coining of the phrase “The Drake Curse.”
An example was the FIFA World Cup final between Argentina and France when the rapper predicted Lionel Messi and his teammates win the trophy after 90 minutes of play. However, they secured the win on penalties.
No crypto ads this year
Last year’s Super Bowl was known as the “Crypto Bowl” because of the many cryptocurrency companies that promoted themselves during the event. FTX, Crypto.com and Coinbase were among the most active, but their logos did not appear last night (February 12) due to the bear market and dwindling interest in the asset class.
The once prominent FTX even archived for bankruptcy protection in November after experiencing massive liquidity problems.
Food and beverage giants such as Doritos, Heineken and Bud Light replaced the crypto firms this year.