Drake Lost $355,000 Bet on Mike Tyson in Boxing Match Against Jake Paul

Drake suffered a significant setback in his betting endeavors, losing a hefty $355,000 wager on Mike Tyson to defeat Jake Paul in their recent boxing match in Texas. 

Despite Tyson's legendary reputation in the ring, the 58-year-old was unable to secure a win, with the 27-year-old Paul claiming a decision victory.

The loss leaves Drake without the anticipated payout of $1,011,750, a sum that would have significantly bolstered his betting portfolio. 

This is not the first time the rapper has faced betting misfortune; he previously lost $1 million when he bet on France to beat Argentina in the 2022 World Cup final within 90 minutes, and he also lost $1.2 million on Paul's fight against Tommy Fury.