Drake lost more than $1.5 million on Israel Adesanya's upset loss to Alex Pereira at UFC 281
Alex Pereira’s middleweight title win over Israel Adesanya at UFC 281 on Saturday was a huge upset.
Prior to the fight, Adesanya had just one loss in his career, and his 23 wins were more than three times the amount of fights Pereira had in total. The 35-year-old Pereira was 7-1, including 3-0 at the UFC level, but the odds were against him.
Adesanya had -230 odds to win at Tipico Sportsbook. For bettors to make any real money on him, huge bets were required. And one of the biggest may have been Drake’s.
The rapper had $2 million in Canadian cash on Adesanya — or more than $1.5 million USD.
DRAKE DROPPED $2M CAD ON ISRAEL ADESANYA
(via @Drake) pic.twitter.com/gW4olBM1lU
— br_betting (@br_betting) November 13, 2022
The bet would have paid out $2.9 million, meaning the earnings were just $900,000 as opposed to a lot more had he placed it on Pereira, who had +175 odds at Tipico.
But at least Drake is a partner at Stake, the crypto-based gambling site he apparently used to place the bet. So it’s not a complete loss for him.