Drake loses one million dollars in Bitcoin after Super Bowl bet - Crypto Economy

TL;DR

• Drake bet $1 million in Bitcoin on the Patriots, who lost the Super Bowl.
• The repeated losses have spawned the “Drake curse” meme across social media.
• It illustrates how celebrities use Bitcoin for high-value bets on global sporting events.

Canadian rapper Drake, added a new millionaire loss to his history of failed crypto bets. The musician wagered one million dollars in Bitcoin (BTC) in favor of the New England Patriots during the Super Bowl held on February 8 at Levi’s Stadium.

The Seattle Seahawks decisively defeated the Patriots with a score of 29-13, a result that erased any possibility of profit for the artist. The odds set at 2.95 would have allowed him to obtain nearly two million dollars in cryptocurrency had he guessed the outcome correctly.

Drake publicly shared the bet on his personal Instagram account before the game. The Super Bowl traditionally concentrates the largest volume of individual sports bets in the United States, attracting both professional bettors and celebrities seeking to monetize their predictions.


The defeat represents a considerable economic blow but does not surprise those who follow the Canadian’s betting trajectory. The musician accumulates a documented pattern of losses in sporting events where he backs teams or athletes with substantial amounts of Bitcoin.

History of defeats marks constant pattern

In 2022, Drake wagered more than $600,000 in BTC distributed between two European football matches. He backed English club Arsenal to beat Leeds United and FC Barcelona to win the Spanish classic against Real Madrid. The Madrid team won the match, confirming another wrong prediction from the rapper.

In early 2024, the artist tried his luck in mixed martial arts. He bet $700,000 in Bitcoin in favor of Sean Strickland to defeat Dricus du Plessis in UFC. Judges decided the fight by split decision in favor of du Plessis, adding another loss to the musician’s record.

Months later, Drake attempted a risky bet with odds close to 10. He placed $300,000 in the primary cryptocurrency betting that Canada’s national team would defeat world champion Argentina led by Lionel Messi. The final score of 2-0 favored the South Americans, leaving the Canadian without return once again.

The accumulation of failures generated a phenomenon on social media known as the “Drake curse.” The meme circulates widely on the Internet pointing to a pattern where clubs or athletes publicly backed by the rapper end up losing their competitions.

The case illustrates how high-profile personalities actively participate in crypto betting markets, using Bitcoin as a vehicle for high-value transactions on specialized platforms.