Drake is opening up about the darker side of his high-stakes gambling habit, revealing that he suffered more than $8 million in losses last month alone. The rapper, known for his lavish lifestyle and frequent betting, shocked fans with a rare moment of transparency on social media.
On June 18, the Canadian artist took to Instagram Stories to share the scale of his gambling losses. He revealed that he had placed approximately $125 million worth of bets in a single month, only to walk away with a net loss of over $8 million.
“Gotta share the other side of gambling,” Drake wrote. “Losses are so fried right now. I hope I can post a big win for you all soon, cause I’m the only one that has never seen a max — these guys max once a week.” The post reignited discussions around Drake’s long-standing history with sports betting, particularly his reputation as a so-called “bad luck charm.”
Fans often refer to the “Drake curse,” a phenomenon where athletes or teams he publicly supports end up losing soon after. One of the most notable instances occurred during the 2022 FIFA World Cup, when Drake placed a massive bet on France to beat Argentina in the final.
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Argentina went on to win, costing him nearly $1 million and further fueling the superstition. While some see his gambling as a harmless hobby for someone with considerable wealth, others have expressed concern over the sheer volume of money at stake and the potential influence it may have on his fan base.
Drake’s recent post, which highlights the heavy financial toll of consistent losses, suggests an awareness of the risks involved. Despite his off-stage challenges, Drake is continuing to thrive professionally. He is set to headline this year’s Wireless Festival in London, making history as the first artist to perform all three nights of the popular music event.
Each evening, beginning July 11, will feature a unique setlist, promising fans a dynamic and varied concert experience. While Drake remains one of the most influential figures in music, his recent revelations offer a rare glimpse into the downsides of fame, fortune, and high-stakes indulgence. Whether his next post features a “big win” or another loss, it’s clear that the rapper’s gambling journey is far from over.