Quote from: Poker Player on Today at 03:46:06 AM

Quote from: kotajikikox on November 09, 2024, 06:18:17 AM

Well a French national just wagered $30 million to a bet about the US election... He did win and made profit but I was just so surprised with how can anyone bet this huge amount of money?

To be able to bet that amount you first have to have it, I don't know if it surprises you that there are billionaires in the world. Drake doesn't reach that much but he also usually bets millions from $0.5M to $2M.

In 2023 there were 43 billionaires in France, who could bet that amount without seeing their wealth affected, and without becoming a billionaire, someone who had for example $900M of wealth would not be affected much either, being 3.3%.

i doubt drake is playing with his own money, it's probably stake money. so, i wouldn't compare his bets to that one.

$30 million may seem small when compared to a net worth of $900 million, but i don't think they would have that kind of amount in personal cash to degen away gambling, unless most of it is in crypto.