# Drake Loses $1M in Bitcoin Bet on McGregor Fight Rapper's infamous 'curse' strikes again with crypto gambling loss. - **Source:** [CryptoPotato](https://brifing.si/source/bd22636b-ec8d-42a8-8cca-1937c50e0f6c) - **Published:** 2026-07-13 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/ec2a4051-0888-457c-a57d-5380d42d912f ## McGregor's Highly Anticipated Return After a 5-year hiatus, Conor McGregor lasted only 1 minute 9 seconds against Max Holloway at UFC 329. The former champion's knee injury dashed Drake's high-stakes bet. As the underdog, McGregor had surprisingly high winning odds that tempted the rapper. ## Drake's Crypto Gambling Habit The Canadian rapper wagered $1M in Bitcoin on McGregor's victory, which would have netted him $1.85M. But the 'Drake Curse' struck again, marking one of his largest crypto betting losses in recent years. His sports betting track record continues to disappoint. ## History of the Infamous Curse Drake's betting misfortune is so notorious it's dubbed the 'Drake Curse.' In 2024 alone, he lost $700K on UFC and $1M in the Super Bowl. However, he broke the streak by winning $230K on Canada's World Cup victory weeks earlier - a rare success in his gambling history. ## Crypto in Sports Betting High-profile crypto sports betting is gaining traction among celebrities like Drake. While this boosts platforms' visibility, the volatile nature of both crypto and sports outcomes creates significant risks. Such high-stakes wagers remain speculative rather than strategic investments. ## Bitcoin's Role in Gambling Markets Bitcoin's anonymity and fast transactions make it ideal for high-roller betting. In regulated markets like the US, crypto provides alternative access to gambling. Drake's loss highlights both the appeal and dangers of this unregulated betting ecosystem. ## Investment vs Reckless Gambling Financial experts warn against treating crypto as gambling chips. Drake's million-dollar loss exemplifies the dangers of speculative crypto use. Responsible cryptocurrency investment requires strategy, not celebrity-style high-risk bets on unpredictable outcomes. ## Sources covering this story - https://cryptopotato.com/drake-curse-is-back-heres-how-much-bitcoin-btc-he-lost-betting-on-conor-mcgregor/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._