Drake Takes a $700,000 Gamble on Strickland-Du Plessis Showdown at UFC 297, Eyeing Potential $1.4M Win - Gold Presidents

Drake is once again making headlines for his high-stakes bets, this time placing a substantial wager on the upcoming UFC Championship Fight between Sean Strickland and Dricus du Plessis. The rapper revealed his bold move on Instagram, sharing that he used the Stake platform, in which he has an ownership stake, to bet an impressive $700,000 on Strickland for the scheduled showdown.

If Strickland emerges victorious, Drake stands to gain nearly $1.4 million from this strategic gamble. However, the Grammy-winning artist's history with bets on the Stake platform has been a mixed bag. In October, a bad wager on a Logan Paul fight resulted in a $1 million loss when Paul won via disqualification, not by knockout as predicted by Drake.

Drake Bets $700K on upcoming UFC Championship fight, could win $1.4M#UFC297 https://t.co/52WCdDrY0T pic.twitter.com/77wLq82C9r

— HipHopDX (@HipHopDX) January 20, 2024

Drake's involvement with the Stake platform has been consistent, with reports indicating that he has engaged in nearly $1 billion in virtual gambling since 2021. In February 2022, he bet $500,000 on Israel Adesanya to knock out Sean Strickland in their UFC 293 bout, showcasing his active participation in the online betting world.

This isn't the first time the "Hotline Bling" artist has thrown substantial sums into the sports betting arena. Drake previously placed a $250,000 bet on Nate Diaz, a former UFC contender, during a 10-round cruiserweight bout against Jake Paul. Despite his loyalty to Diaz, Paul emerged victorious, leading to Drake's loss in the wager.

Earlier this year, Drake found himself on the losing end once again when he supported Jake Paul in a fight against Tommy Fury. The rapper wagered $400,000 on Paul, but the outcome didn't align with his expectations, resulting in a significant financial setback. Paul jokingly blamed the loss on the infamous "Drake curse," a recurring theme when celebrities support athletes who later face misfortune.

Despite the ups and downs, Drake continues to be a major player in the world of high-stakes betting, adding an extra layer of excitement and intrigue to the outcomes of prominent sporting events. As the UFC Championship Fight approaches, fans are eager to see if Drake's latest gamble will yield a substantial payday or contribute to the unpredictable narrative of his betting adventures.