Drake Reveals The Shocking Amount He's Lost On Sports Betting

BY Cole Blake 1.9K Views
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TORONTO, CANADA - NOVEMBER 17: Rapper Drake leaves the court after the NBA In-Season Tournament game between the Toronto Raptors and the Boston Celtics at Scotiabank Arena on November 17, 2023 in Toronto, Canada. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Cole Burston/Getty Images)
Regardless of the losing streak, Drake's still set on making it back with Game 6 of the NBA Finals on Thursday.

Drake opened up about the "other side of gambling" in a candid post on Instagram, Wednesday night, admitting that he's lost millions of dollars over the last month. Sharing a screenshot of his profits from the last month, the last two weeks, and the last week, he revealed that he's in the negative for all three periods.

“Gotta share the other side of gambling,” he wrote, as caught by AllHipHop. “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 image doesn't show specifically what Drake's been betting on as of late, but both the NBA and NHL Playoffs have been going down over the last month. Additionally, he revealed he was gambling on cricket back on June 2nd. He offered up $750,000 on the Royal Challengers Bengaluru to beat the Punjab Kings.

Despite the recent losses, Drake isn't shying away from sports betting. He's already placed another $600,000 on the Oklahoma City Thunder to beat the Indiana Pacers in Game 6 of the 2025 NBA Finals on Thursday night. He threw another $200,000 on them to win by a margin of 6-10 points as well. The Thunder currently lead the series 3-2 after Jalen Williams dropped 40 points on Monday.

Drake New Album

Drake IG Bet
Image via Instagram @champagnepapi

In addition to his sports gambling hobby, Drake is also working on a new album. Many fans have theorized will be called Iceman after a recent Instagram post. Following the release of his PartyNextDoor collaboration, $ome $exy $ongs 4 U, he confirmed a solo effort was on the way while streaming on Kick with Adin Ross, as caught by Rolling Stone. “Every time, every journey. Working on a new album, it’s a slap," he said.

The project still doesn't have a release date, but earlier this month, Adin Ross claimed it's already done. "I can't tell too much, but yes, the new album is going to be amazing," Ross said during a livestream. "The f**k you want me to say, bro? Yes, the new album, it's going to be really good. I think it's a very, very, very, very, very, very important album for Drake's career. And I'll explain why after. But that s**t tough."

About The Author
Cole Blake is a current staff writer at HotNewHipHop based out of New York City. He began writing for the site as an intern back in 2018 while finishing his B.A. in Journalism at St. John’s University. In the time since, he’s covered a number of breaking stories for HNHH. These include the ongoing YSL RICO trial, the allegations surrounding Diddy, and much more. His work also extends outside of hip-hop, having written extensively about a myriad of topics including politics, sports, and pop culture. He’s attended several music festivals to provide coverage for the site as well, such as Rolling Loud and Governors Ball.

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