<p>Already ridiculously, unimaginably wealthy, <a href="/profile/Drake" class="text-word" target="_blank" >Drake</a> has been spotted trying to boost his income through sports betting as of late. Luck wasn&#8217;t on his side last night, as he took what many of us would see as a hefty loss.</p>
<figure class="wp-block-image size-large"><img decoding="async" src="https://editor.urbanlinx.net/wp-content/uploads/userfiles/56/07/160756_303ab4490ae9c87c13067d07929186ad.jpg" alt='Drake Lost $275,000 In Bitcoin Betting On Masvidal, Colby Covington Addresses It: "Go Back To Selling Sh*tty Albums"'><figcaption>Vaughn Ridley/Getty Images</figcaption></figure>
<p>Weeks ago, Drake was seen playing online roulette, <a href="https://www.hotnewhiphop.com/drake-won-s350-000-gambling-from-the-comfort-of-his-home-news.146914.html" target="_blank" rel="nofollow noopener">betting money from the comfort of his own home</a>. There, we saw him win and achieve the outcome he desired. A few weeks passed and we saw Drake online gambling yet again, this time <a href="https://www.hotnewhiphop.com/drake-flexes-his-gambling-setup-while-sitting-courtside-at-raptors-game-news.147166.html" target="_blank" rel="nofollow noopener">courtside at a Toronto Raptors game</a>. While the outcome of that foray wasn&#8217;t revealed, it&#8217;s been quite obvious that Stake (the online betting platform Drake has been using) is largely invested in their visibility.</p>
<p>On March 5th, UFC 272 took place. Headlining the event was Jorge Masdival vs. Colby Covington, a highly anticipated clash between two vocal, wiley welterweights. Drake, continuing his Stake promotional streak, showed himself putting a whopping $275,000 (in the form of 7.000 Bitcoin – whatever that means) on Masdival&#8217;s victory. To his dismay, Masdival lost to Covington by way of convincing decision.</p>
<p>Twitter reacted to the news of Drake&#8217;s loss with hilarious memes and quotes:</p>
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<p>Not only did Twitter take time to acknowledge Drake&#8217;s bad bet, Colby Covington addressed the Certified Lover Boy directly in his post-fight interview:</p>
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<p>While it can&#8217;t be fully ascertained if Stake paid Drake for the promotion and sponsored the bet, or if Drake pulled the bands out of pocket, it&#8217;s clear that Drake is involved with online betting as a mainstay.</p>
<p>We&#8217;ll keep you updated on any new developments, so stay tuned to HNHH for more information.</p><br>