Drake goes all in on the Los Angeles Rams — and he’s putting his Tremendous Bowl guess in bitcoin.
The Canadian rapper put down a series of wagers totaling $1.3 million price of the digital coin on Thursday.
He’ll money out if the Rams defeat the Cincinnati Bengals in Los Angeles on Sunday. The Rams are favored to win by 3.5 factors.
The “Hotline Bling” hip-hop icon wagered $393,000 on Rams large obtain Odell Beckham Jr. scoring a landing. He additionally guess the identical quantity that Beckham would have greater than 62.5 receiving yards through the recreation.
If Drake wins every of his bets, he stands to receives a commission $2.29 million based mostly on the worth of bitcoin on the time the wagers have been positioned, in response to the web betting app Stake.
The Toronto native posted a screenshot of his bets on his Instagram account.
“All bets are in on the household,” Drake wrote, prompting Beckham to answer: “It’s time.”
Beckham, the former Cleveland Browns and New York Giants star, signed with the Rams through the center of this present season.
On the time he joined the Rams, he agreed to take his complete NFL wage in bitcoin, which was price an all-time report of $64,000 for every coin.
Since then, nonetheless, the cryptocurrency nosedived, dropping 50% of its worth, although it has recovered considerably in latest weeks.
As of Friday, bitcoin was buying and selling at $42,354.70 — down greater than 2.6% from the beginning of the day.
Cryptocurrency is anticipated to take heart stage through the Tremendous Bowl. Loads of firms have reserved advert time on NBC to run crypto-themed commercials, prompting Madison Avenue observers to name it “the Crypto Bowl.”
EToro, Crypto.com, and FTX will run commercials through the recreation whereas BitBuy, a Canadian crypto alternate, shall be featured in an advert for the Tremendous Bowl’s viewing viewers north of the border.
People will guess a record $7.61 billion on this year’s contest, in response to estimates. That will mark an increase of more than $3.3 billion, or a whopping 78%, in comparison with the earlier 12 months.
