Drake Loses $500,000 Bitcoin Bet on Dallas Mavericks Winning NBA Championship

Renowned rapper Drake, known for flaunting his extravagant lifestyle on Instagram, recently placed substantial Bitcoin bets on the outcomes of both the NBA Finals and the NHL Stanley Cup Finals via his partnered betting platform, Stake.

Renowned rapper Drake, known for flaunting his extravagant lifestyle on Instagram, recently placed substantial Bitcoin bets on the outcomes of both the NBA Finals and the NHL Stanley Cup Finals via his partnered betting platform, Stake. However, his $500,000 wager on the Dallas Mavericks winning the NBA championship has gone awry, and he could face a similar fate with his NHL bet on Tuesday.

On June 6, Drake shared a screenshot on Instagram revealing his $500,000 Bitcoin bet on the Dallas Mavericks, which would have yielded a payout of $1.375 million had the Texas team emerged victorious.

“Dallas cause I’m a Texan,” Drake wrote alongside the Instagram post.

Unfortunately for the rapper, the Boston Celtics clinched their record-breaking 18th NBA championship by defeating the Dallas Mavericks 4-1 in the 2024 NBA Finals. The Celtics dominated the regular season and playoffs, winning 15 of their first 17 postseason games. They took a 3-0 series lead, but Dallas avoided elimination with a historic 122-84 blowout in Game 4.

News source：https://www.kdj.com/cryptocurrencies-news/articles/drake-loses-bitcoin-bet-dallas-mavericks-winning-nba-championship.html

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