Drake Puts $1.3 Million worth of BTC on the LA Rams Game at the Super Bowl

As celebrities began dabbling in cryptocurrencies and NFTs over the past couple of months, it seems that not all of them look to hodl their stashes and wait for the right opportunity to sell.

Earlier today, Drake posted a screenshot on his Instagram which showed his bet between the LA Rams and the Cincinnati Bengals. The rapper placed three different bets - over $472K on the LA Rams to win the game, almost $394K on Odell Beckham Jr. scoring over 62.5 receiving yards, and the same amount on Odell to score a touchdown.

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe - We publish new crypto explainer videos every week!

What is a Rug Pull in Crypto? (Meaning + Examples)

SUBSCRIBE

ON YOUTUBE

If Drake were to succeed at winning all of his bets without cashing out, the rapper would rake in more than twice the initial amount, putting his wins at a total of over $2.8M in crypto.

Drake praised Odell’s skills on Instagram and was confident in the win, with the player himself responding to the post, alongside other celebrities like Dj Tiesto rooting for Rams to take the win.

The decision to bet on Odell Beckham Jr.’s team in Bitcoin might not have been as unexpected as it might seem. 

Back in November of 2021, the receiver for the Los Angeles Rams announced his partnership with Cash App, and that he’ll be taking his salary in Bitcoin, which sparked some controversy around late January of 2022 due to the market crash.

Aaron S., Editor-In-Chief

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

Full Bio

All Expert Contributors & Analysts