Drake on Brink of $1M Bitcoin Loss as NHL and NBA Bets SourA series of unfortunate sports losses have left Drake very close to losing $1 million worth of bitcoin bets. Canadian singer Drake is on the cusp of losing $1 million worth of crypto after he placed two individual $500,000 bets on the Edmonton Oilers and the Dallas Mavericks to win their respective Stanley Cup and NBA finals.The Oilers lost their third straight game against the Florida Panthers in the hockey championship on Thursday whilst the Mavericks are down 3-0 in the basketball tournament after losing in consecutive games against the Boston Celtics. Both contests are best-of-seven series.Drake indicated on June 6 that he had placed the bets on crypto casino Stake using bitcoin (BTC) by posting the betting slips on Instagram, accompanied by a message: "Dallas cause I'm a Texan. Oilers are self explanatory. Picks in are @stake."
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