Drake Wins $2.3M Super Bowl Bet

Article ByDavid Weir

February 12, 2024

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Posted in: US Sports Betting News, Nevada Gambling News, US Gambling News

Canadian pop superstar Drake won $2.3 million on Sunday night with a correct wager on the Kansas City Chiefs to beat the San Francisco 49ers in Super Bowl LVIII.

The rapper put down $1.196 million on the slight underdog Chiefs to win the game outright, including overtime. That resulted in a payout of $2.346 million when the Chiefs did come out on top. They won the game in a tense overtime victory, 25-22, to secure their back-to-back NFL championship wins.

Despite being in Las Vegas during the big game at the city’s Allegiant Stadium, Drake shunned Nevada retail sportsbooks for his big football betting exploits.

He instead placed his million-dollar wager at offshore sportsbook Stake.com. Which is not much of a surprise, as he has a huge promotional deal with the cryptocurrency casino and sports betting operator.

Before the game, news of Drake’s big bet prompted fears from some fans over the so-called “Drake Curse.” The rapper has publicly posted many of his sports wagers over the past few years, including some high-profile losses wagering on big favorites.

However, his correct prediction this year continues a successful Super Bowl betting streak. That included picking the winning Los Angeles Rams in 2022 and successfully backing the Chiefs in 2023.

The Wager

If you thought this might be the one Super Bowl LVIII-related story to not include Taylor Swift, well then, you’d be wrong.

As is common with Drake’s hefty sports bets, the rapper posted his outsized wager on social media before the match.

“I can’t bet against the Swifties,” he captioned the post, in reference to fellow megastar Swift’s legion of adoring fans.

Her All-American romance with Chiefs tight end Travis Kelce has been an inescapable storyline all season, only burning brighter as the Kansas City team turned around a poor start to the season for a late run to their third Super Bowl championship in five seasons.

Although the Drake curse saw some worried for the Chiefs, the $1.15 million bet paid out in the end with their overtime victory.

The $1.15 million wager was one of Drake’s biggest and most publicized yet. It was a straight-up futures bet on the Chiefs to be the winner of the game (luckily for him, including overtime).

Drake’s Big Bets

Although it isn’t public knowledge exactly how much Drake wagers, speculation is the rapper may have put down as much as $1 billion on sports betting since becoming a Stake.com partner in early 2022.

That figure sounds outlandish. But the megastar has consistently and publicly placed bets in the range of $500,000 to $1 million over the past few years, so it’s not impossible.

If true, it would almost certainly rank him among the biggest spending celebrity sports bettors in the U.S. market, rivaling the claims about legendary golfer Phil Mickelson’s mid-2000s betting activities or the multimillion wagers of Texan furniture entrepreneur Jim “Mattress Mack” McIngvale.

Some of Drake’s most publicized bets were various soccer wagers during the 2022 World Cup, including a winning $1 million bet on the final.

Nonball sports were where Drake’s much-memed sports betting curse was born. The rapper lost millions wagering on and against UFC champion Sean Strickland, and also lost big betting on the fights of YouTuber turned boxer (and sports betting investor) Jake Paul.