Drake Loses a Fortune in BTC after Formula One Bet 

• Drake lost more than $230,000 in BTC when he bet on Charles Leclerc

• Max Verstappen of Red Bull, won the Grand Prix
• The singer has a strong friendship with Lewis Hamilton

The Formula One Spanish Grand Prix, which occurred last Sunday, didn’t end well for Leclerc and Ferrari fans. Regardless of beginning in the lead position, the Monegasque driver needed to pull out because of motor difficulty.

Leclerc’s greatest adversary for the title, Dutchman Max Verstappen of Red Bull, won the Grand Prix and started to lead the pack in the competition.

Drake wins some, loses some

They can assume that Drake had a decent cry in the wake of losing that much cash. Before the race, he displayed on his Instagram story that he had put down a bet of $230,000 on Leclerc’s triumph. 

The bet was put through sports wagering stage Stake, known for tolerating digital currencies. While Drake’s tale about his Stake bet is by all accounts an advertorial collab, it didn’t make it less grasping with its highs and lows.

Assuming Leclerc had completed in the lead position, the music star would be up by $353,000 in Bitcoin – the money utilized in the exchange However, the rapper lost his whole wagered sum.

While it’s a gigantic sum by typical principles, the sum lost goes out to not be an offered bargain for Drake. The craftsman has a total assets esteemed at $200 million, starting not long ago. Moreover, he has proactively done very well in a few past wagers made in BTC.

Drake and his wagering history

Drake grabbed the eye of the crypto world by putting down three wagers on the last Super Bowl, which added up to 28 Bitcoin units, esteemed at $1.3 million at that point.

Two of the wagers were effective: the Los Angeles Rams were the victors of the NFL Finals and one of their primary players, Odell Beckham Jr. scored a score in the match – accomplishments that caused the rapper to procure more than $2 million.

From that point forward, he bet more than $200,000, again utilizing digital currency, on Jorge Masvidal’s UFC triumph. Nonetheless, Masvidal lost to Colby Covington at the occasion. Indeed, even with the new misfortune in the Formula One, the performer is still far ahead in his wagering leisure activity up until this point.

ALSO READ: Arthur Hayes Avoids Prison for Violating US Bank Secrecy Act

F1 and the crypto world

This was Drake’s originally wagered on a Formula One Grand Prix, and it seems as though it 

won’t be the last. The vocalist has areas of strength for a with Lewis Hamilton, the seven-time title holder of the competition. Drake will actually want to wager on his companion in the Grand Prix this season.

Recipe One itself has turned into an undeniably digital money accommodating competition. A few of its groups have sponsorships from crypto trades and ventures. 

OKX, for instance, is an authority backer of McLaren, while Red Bull has the Tezos logo stepped on its outfits, having proactively sent off NFTs in association with the organization. At long last, Formula One itself has Crypto.com as one of its fundamental patrons.

Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.

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