Influential Rapper Drake Loses $250,000 On Jake Paul vs. Nate Diaz

Drake's gambling account on Stake took a hit due to Jake Paul defeating Nate Diaz on Saturday night.

Last updated on August 6th, 2023

Legendary rapper Drake lost $250,000 betting on Nate Diaz to defeat Jake Paul.

‘The Problem Child’ returned to the ring on Saturday night nearly six months after losing for the first time a professional boxer. He looked to bounce back against Diaz, a UFC legend, which generated interest from worldwide celebrities like Drake.

Before the intriguing boxing match played out, ‘Champagne Papi’ revealed he placed a $250,000 bet on Diaz to defeat Paul, which would have paid out $1,000,000. He showcased the bet slip on his temporary Instagram story and had this to say about his reasoning:

“Jake is a dog but I can never bet against a Diaz brother that’s just how I was raised”

Unfortunately for the world-renowned rapper, Diaz failed to emerge victorious as ‘The Problem Child’ secured a unanimous decision win (98-91 x2 and 97-92). Paul’s victory against the Stockton native advanced his professional boxing record to 7-1.

This isn’t the first time Drake has wrongly predicted a boxing match featuring Paul. In February of this year, the 36-year-old rapper placed a $400,000 bet on ‘The Problem Child’ to knock out Tommy Fury, which would have paid out $1,440,000. After eight rounds of action, Fury had his hand raised with a split-decision scorecard (76-73 x2 and 74-75).

Drake bet $250,000 on Nate Diaz to beat Jake Paul 👀 pic.twitter.com/1hAlb6lvb9

— Happy Punch (@HappyPunch) August 5, 2023

Nate Diaz reacts to Drake betting $250,000 on him against Jake Paul

“The Drake Curse” has become popular over the past few years, with fans claiming the rapper’s support for teams/athletes leads to them losing. During the Jake Paul vs. Nate Diaz post-fight interview, Diaz was made aware that he was allegedly a victim of the curse. The Stockton native responded by saying:

“Yeah, whatever. Shoutout to Drake. Love for the love, I appreciate it. You know what I’m saying, what the f*ck, aye, someone break that curse. What’s happening, f*ck that curse.”

Although Diaz’s boxing debut didn’t go as planned, he has plenty of intriguing matchups waiting for him in the UFC. The 38-year-old’s last Octagon fight was in September 2022, when he defeated Tony Ferguson by a fourth-round submission, extending his promotional record to 16-11.