Rapper Drake lost $850,000 on Logan Paul's fight with Dillon Danis - despite backing the right man to win. Paul took on Danis over six rounds last night alongside KSI's defeat by Tommy Fury in Manchester. Paul dominated the first five rounds before Danis was disqualified in the final session for attempting to choke out his rival. Paul was declared the winner - but not by knock out as Drake had predicted. The rapper, who is seen as something of a curse given his poor gambling record, had staked $850,000 (£700,000) on Paul to win by stoppage and would have collected $1.3million (£1m) had he been successful.
https://www.mirror.co.uk/sport/boxing/drake-logan-paul-danis-bet-31194541The Drake's Curse.
He lost on the right man. We have experienced losses but not as bad as this...this is just terrible.
What do the gambling folks have to say about this?
I've experienced losing on this kind of bet, but not to the extent of the amount he lost. I don't find it surprising, though, as there are certainly bigger bets made on these particular games. Sometimes, we fall short in our predictions. We might be confident that a certain boxer will win, but we underestimate their opponent's strength. That's the nature of gambling; it's essentially a guessing game.
Most of my bets are probably on basketball, and similar to this, I often deal with spreads. For instance, when I bet on the favorite with a -9.5 spread, and they only win by 9 points, it can be quite frustrating. But as gamblers, we have to move on because we can't let our emotions derail our game plan.