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Drake loses $355,000 bet as Jake Paul defeats Mike Tyson

Popular rapper Drake has once again found himself on the losing side of a sports bet, this time parting with $355,000 after Jake Paul defeated legendary boxer Mike Tyson. The boxing showdown happened at the AT&T Stadium in Arlington, today, November 16, 2024 Texas, a venue packed with over 65,000 fans. Jake Paul secured a…

Popular rapper Drake has once again found himself on the losing side of a sports bet, this time parting with $355,000 after Jake Paul defeated legendary boxer Mike Tyson.

The boxing showdown happened at the AT&T Stadium in Arlington, today, November 16, 2024 Texas, a venue packed with over 65,000 fans.

Jake Paul secured a unanimous victory, dashing Drake’s hopes of cashing in on the heavyweight legend.

Drake, whose full name is Aubrey Drake Graham, is no stranger to high-stakes gambling. From massive bets on football matches to big-money predictions in other sports, the rapper has lost millions in his pursuit of this.

The boxing event itself wasn’t just a fight; it was a spectacle. With VIP tickets reportedly going for as high as $2 million, it has been touted as one of the most expensive pay-per-view events in history.

Jake Paul, who has built a reputation as a YouTuber-turned-boxer, had made his intentions clear before the fight: he wanted to knock out a legend and rake in $40 million. Though his knockout goal wasn’t met, his pockets are still expected to be heavily lined from the fight.

Reports suggest he could be walking away with tens of millions of dollars, while Tyson’s purse is rumoured to be around $20 million.

Mike Tyson, often called ‘Iron Mike’ for his explosive punches in his prime, has an estimated net worth of $10 million, according to Celebrity Net Worth.

On the other hand, Jake Paul, who continues to reshape his image from internet celebrity to professional boxer, boasts a net worth of approximately $80 million.

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