Canadian rapper Drake is no stranger to putting his money where his mouth is when it comes to placing huge bets on sporting events.
Former world heavyweight champion Mike Tyson and YouTuber turned professional boxer Jake Paul faced off on Friday night. The long-awaited match attracted great interest and large sums of money were bet.
CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM
Drake leaves the court after the NBA game between the Toronto Raptors and Los Angeles Clippers at Scotiabank Arena on December 27, 2022 in Toronto, Canada. (Cole Burston/Getty Images)
Drake was convinced that 58-year-old Tyson could win a match against 27-year-old Paul and bet hundreds of thousands of dollars on “Iron Mike.” However, in the end Paul defeated Tyson by unanimous decision.
American YouTuber and boxer Jake Paul celebrates his victory in a heavyweight boxing match against retired American professional boxer Mike Tyson (right) at The Pavilion at AT&T Stadium on November 15, 2024 in Arlington, Texas. (Photo by TIMOTHY A. CLARY/AFP) (Timothy A. Clary/AFP via Getty Images)
Johnny Manziel wants Drake on new podcast, but promises not to ask about Kendrick Lamar beef
In a social media post, Drake revealed that he had bet $355,000 for Tyson to win at odds of +285. Considering these odds, the five-time Grammy winner could have earned around $1 million.
Drake was not the only prominent figure to suffer heavy losses as a result of the battle. UFC star Conor McGregor said he paid a total of $1 million for a fight scheduled for this weekend.
Jake Paul and Mike Tyson embrace after a heavyweight boxing match on Friday, November 15, 2024 in Arlington, Texas. (AP Photo/Julio Cortez)
One of McGregor's bets was that Tyson would beat Paul. He also placed a bet on Saturday's UFC 309 bout between Jon “Bones” Jones and Stipe Miocic.
CLICK HERE TO GET THE FOX NEWS APP
After Friday's fight, Paul was asked about the possibility of facing McGregor in the future. “Yeah, but he would never do that,” Paul said, and manager Nakisa Bidalian interjected:
The Tyson vs. Paul match also suffered from buffering issues. Bandwidth issues have raised concerns about whether Netflix will be able to provide reliable streaming of NFL games this Christmas.
Follow sports coverage on Fox News Digital's X and subscribe to the Fox News Sports Huddle newsletter.
