Drake loses ₦296m betting on Jake Paul as Anthony Joshua wins

Famous Canadian rapper Drake has reportedly lost ₦296 million betting on YouTuber-turned-boxer Jake Paul to defeat former heavyweight champion Anthony Joshua in their Miami showdown.

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Anthony Joshua Secures Victory

In the early hours of Saturday, December 21, Anthony Joshua showcased his dominance in the ring, defeating Jake Paul via a sixth-round knockout in their highly anticipated heavyweight fight in Miami, USA.

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Joshua’s experience proved decisive as he dropped Paul twice in the fifth round, before delivering a finishing flurry in the sixth that left Paul unable to continue.

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Drake’s Bet on Jake Paul

Ahead of the fight, Drake openly shared his $200,000 (₦296 million) bet on Jake Paul via his Instagram story, accompanied by the caption: “Jakeyyyyy boy, lock tf in.”

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Had Jake Paul won, the rapper stood to earn over $1.6 million (more than ₦2 billion).

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Past Betting Loss

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This isn’t Drake’s first big betting loss. Earlier, the rapper reportedly lost ₦451 million at the US Open after backing Italian tennis player Jannik Sinner.

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