Rapper Drake bets $1M worth Bitcoin on Super Bowl matches

Bitcoin adoption has been booming, and cryptocurrency is steadily being utilized as the medium of exchange after some significant adoption over the past year. Following the potential and value of the coin, many globally are willing to hold or acquire the cryptocurrency. Many politicians in the US are also showing interest in receiving BTC paychecks. Recently, Drake, the Canadian rapper, is spent betting over $1 million in BTC on Super bowl matches when he is not running through the six with his woes.

Award-winning rapper places Bitcoin bets

Drake has shared that he placed Bitcoin bets worth a total of $1.26 million on the upcoming SuperBowl match. Notably, the match is between Cincinnati Bengals and the Los Angeles Rams.

– Advertisement –

The bets have been placed through the digital assets betting platform, Stake. Drake has bet more than $471k for the Rams to be the winner, including overtime. Moreover. The rapper is confident because of Ram’s wide receiver Odell Beckhanm Jr. the rapper has placed around $392k on Beckham, having more than 62.5 receiving yards. On the other hand, he placed $392k on the broad receiver, having more than 0.5 anytime touchdowns.

Drake underscored that all his bets had been placed on the family in a recent Twitter post. In response to him, Beckham replied that it was time now. Such Tweets have triggered a response from Bengals fan and football veteran Charles James.

Sportsmen are diving in the cryptosphere

A few months earlier, Beckham Jr partnered with Cash App and announced that he would take his NFL salary in Bitcoins while promising to give back $1 million in Bitcoins to his fans.

Meanwhile, the famous player’s last year’s season earnings have been estimated to surge above more than $4.25 million. One of the players argued that Beckham Jr. faced notable losses following the recent market crash and hefty taxes on virtual currencies.

Non-Fungible Tokens will commemorate the game

The National Football League has announced that it will be distributing away limited-edition NFTs to fans. Notably, the crypto-collectibles will be given to fans who will be present in the Super Bowl’s return to Los Angeles this weekend. According to the club, these collectibles will commemorate the game day by giving a customized digital keepsake that features the special section and row of the attendee.