Drake Loses $20M on Roulette But Still Donates $1M BTC
Toronto-area and Stake.com ambassador rapper Drake has decided to give $1 million to a lucky fan. The giveaway was made in Bitcoin as the rapper was playing roulette on his favorite cryptocurrency casino, a session that ended up in a whopping $20 million losses for the popular music artist.
Sharing the Good Fortune – While It Lasts
A true gambler at heart, Drake did not let that momentary setback “spread the love” as he gave the seven-figure prize to a fan who was watching his Twitch performance as he continued to pile on high stakes roulette with Stake.com. The rapper didn’t take long to accumulate the losses.
Drake is live on Twitch playing on @Stake roulette betting $500k per spin.
— Luke Martin (@VentureCoinist) May 27, 2022
He just won $17.9mil last spin.
Right after winning 616 $BTC he gifts a full coin to someone in the chat.
This is incredible…peak degen. pic.twitter.com/8YR2AQqE4o
At one point he won $18 million on his lucky number 11 on roulette, but the overall tally for the night stood of $20 million in losses. Drake donated a number of Bitcoin packages worth BTC 2.6 each or roughly $75,000. People from all over the world managed to win, including fans from Canada, but also distant lands, such as Argentina, Brazil, Mexico, India, and Jordan.
Drake has been promoting the Stake.com brand a lot recently, as part of a partnership between the two. He won a parlay wager worth $2.6 million on Stake.com and has been a frequent player at the casino. Stake.com and Drake confirmed that the pair are teaming up to do this Twitch run once again and they plan to be back with other promotions and events.
The Drake’s Curse Both Loves and hates The Man
Drake is no stranger to throwing down the occasional bad wager as well. The man has been humorously associated with the “Drake’s curse” and he recently lost a $235,000 bet on Formula 1. On the plus side, Drake won a $1 million wager on the Golden State Warriors, which came with no giveaways but showed that the rapper does know how to back the right team.
Fiona covers the betting and casino sectors, focusing her reporting on operational shifts within land-based markets. Drawing from a background in hospitality management, she investigates how physical venues adapt to modern demands—from cashless gaming floors to omnichannel VIP integrations. Her on-the-ground insights help executives navigate the technological and economic realities transforming brick-and-mortar casinos.