{"id":407797,"date":"2022-02-18T20:07:23","date_gmt":"2022-02-18T17:07:23","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/drakes-1-3m-super-bowl-bitcoin-bet-may-have-been-illegal\/"},"modified":"2022-02-18T20:07:23","modified_gmt":"2022-02-18T17:07:23","slug":"drakes-1-3m-super-bowl-bitcoin-bet-may-have-been-illegal","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/drakes-1-3m-super-bowl-bitcoin-bet-may-have-been-illegal\/","title":{"rendered":"#Drake&#8217;s $1.3M Super Bowl bitcoin bet may have been illegal"},"content":{"rendered":"<p>&#8220;<strong>#Drake&#8217;s $1.3M Super Bowl bitcoin bet may have been illegal<\/strong>&#8221;<\/p>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p>Drake\u2019s $1.3 million Super Bowl bet that he placed using bitcoin may have been illegal, according to Canadian gambling regulation experts.<\/p>\n<p>The Toronto-based hip hop star pocketed $300,000 in profit on Super Bowl Sunday after putting down $1.3 million worth of bitcoin using Stake, an offshore-based betting <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>.<\/p>\n<p>Drake correctly bet that the Los Angeles Rams would defeat the Cincinnati Bengals and that his friend, Rams wideout Odell Beckham Jr, would score a touchdown.<\/p>\n<p>The rapper likely would have won more money if Beckham had not suffered a knee injury early in the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a>. Drake had bet some $393,000 that Beckham would rack up more than 62.5 receiving yards. In the end, Beckham had 52 yards before getting hurt.<\/p>\n<p>Days before the big game, Drake posted a screenshot on his Instagram account showing the bets that he placed on Stake.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"999\" height=\"1024\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/champagnepapi.jpg?quality=90&amp;strip=all&amp;w=999\" alt=\"Drake used the offshore-based sports betting app Stake to place his wager even though it is not licensed to operate in the province of Ontario, according to experts.\" class=\"wp-image-21258806\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/champagnepapi.jpg?quality=90&amp;strip=all&amp;w=1998 1998w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/champagnepapi.jpg?quality=90&amp;strip=all&amp;w=1499 1498w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/champagnepapi.jpg?quality=90&amp;strip=all&amp;w=999 999w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/champagnepapi.jpg?quality=90&amp;strip=all&amp;w=500 499w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/champagnepapi.jpg?quality=90&amp;strip=all 1024w\" sizes=\"auto, (max-width: 999px) 100vw, 999px\"\/><figcaption>Drake used the offshore-based Stake to place his wager even though it is not licensed to operate in the province of Ontario, according to experts.<\/figcaption><figcaption><span class=\"credit\">Instagram\/@champagnepapi<\/span><\/figcaption><\/figure>\n<p>But Stake is not licensed to operate in the province of Ontario, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.playcanada.com\/news\/drake-super-bowl-bets-obj-not-legal-bitcoin-sports-betting-ontario\/\">according to PlayCanada<\/a>.<\/p>\n<p>The Ontario Lottery and Gaming Corporation, the province-run regulatory agency, only allows its own Proline Plus app to operate as the online sportsbook.<\/p>\n<p>The Post has reached out to both Stake and OLG seeking comment. Drake couldn\u2019t im<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>tely be reached for comment.<\/p>\n<p>Ontario will permit private sports betting apps to begin legally operating in the province beginning on April 4, though it is not know if Stake will be one of the platforms that will receive a license.<\/p>\n<p>John Holden, a Canadian business professor at Oklahoma State University, told the Post that whether or not Drake broke the rules depends on where he was at the time he placed the bet.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/rams-celebrate-220213-02.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\"Drake pocketed $300,000 in profit after correctly betting that the Los Angeles Rams would defeat Cincinnati in the Super Bowl.\" class=\"wp-image-21258811\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/rams-celebrate-220213-02.jpg?quality=90&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/rams-celebrate-220213-02.jpg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/rams-celebrate-220213-02.jpg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Drake pocketed $300,000 in profit after correctly betting that the Los Angeles Rams would defeat Cincinnati in the Super Bowl.<\/figcaption><figcaption><span class=\"credit\">Getty Images<\/span><\/figcaption><\/figure>\n<p>\u201cOntario and the other provinces that have legalized single-game betting are seeking to recapture money that was going to gray market operators,\u201d he told the Post. <\/p>\n<p>\u201cHowever, one of the things that has not followed the announcement of the expanded privatized market in Ontario is an announcement of just what will be done to try and keep Canadians wagering at Canada\u2019s licensed sportsbooks and away from the gray market where the wagers largely elude taxation.\u201d\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/02\/18\/drakes-1-3m-super-bowl-bitcoin-bet-may-have-been-illegal\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#Drake&#8217;s $1.3M Super Bowl bitcoin bet may have been illegal&#8221; Drake\u2019s $1.3 million Super Bowl bet that he placed using bitcoin may have been illegal, according to Canadian gambling regulation experts. The Toronto-based hip hop star pocketed $300,000 in profit on Super Bowl Sunday after putting down $1.3 million worth of bitcoin using Stake, an&#8230;<\/p>\n","protected":false},"author":1,"featured_media":407798,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/superbowl-drake-1-1.jpg?quality=90&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[79722,74862,125883,22974,73968,30487,869,89645,77164,80958],"class_list":["post-407797","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-betting","tag-bitcoin","tag-2-18-22","tag-canada","tag-drake","tag-football","tag-nfl","tag-online-gambling","tag-sports-betting","tag-super-bowl"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/407797","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=407797"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/407797\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/407798"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=407797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=407797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=407797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}