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?
Not a bad loss, it's gambling after all. You win some, you lose some that's just how gambling works. If he happens to win his bet would that be terrible?
IMO, most gamblers has poor gambling records though. I bet most of us has lost more money than we win.
I could only say that it's a terrible loss if someone has to take a loan just to place a bet and lost it eventually, that is a prime example of a terrible loss. But as for Drake, $850k isn't a big deal as he owns a lot of money. If I'm as wealthy as Drake I could've done the same thing, bet on the most risky but high reward odds since money doesn't bother me at all so why not maximize the profitability chances.