Drake Lost $1.5 Million on the World Cup Final — Who Made $3.3 Million?
Spain’s 1-0 extra-time win over Argentina in the FIFA World Cup remaining break up prediction market merchants into sharp winners and losers. One nameless whale banked $1.35 million, whereas rapper Drake misplaced a $1.5 million crypto guess.
The 2026 FIFA World Cup grew to become a significant driver for crypto prediction markets. Traders on Polymarket and Kalshi poured hundreds of thousands into World Cup contracts throughout the event, and the remaining delivered a contemporary spherical of winners and losers.
A Whale Turned a $1.95 Million Spain Bet Into $3.3 Million
Blockchain analytics account Lookonchain reported {that a} dealer utilizing the deal with yamal19 created a contemporary Polymarket pockets. The account then purchased about 3.3 million “Yes” shares in Spain to win the World Cup.
The shares value a median of 59.1 cents, totaling roughly $1.95 million. Spain’s victory settled the place at $3.3 million, a revenue of $1,349,881, or 69.14%.
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Drake’s Bet Falls to the “Curse” Again
Meanwhile, Canadian rapper Drake wagered $1.5 million in Tether (USDT) on Argentina to beat Spain in regulation time. A win would have paid him over $5 million.
The wager wanted Argentina to win inside 90 minutes. The match ran to further time, so even an Argentine victory would have been missed.
Drake carries a status for backing dropping sides. Fans name it the “Drake Curse,” the concept that groups he publicly helps are inclined to fall quick.
The rapper was not the solely particular person to lose large backing Argentina. A dealer using the deal with gud.hl guess $1.23 million on the workforce at 10% odds, chasing a $12.35 million payout.
That gamble carried further weight. According to Bubblemaps, the dealer had earned greater than $1 million on the TRUMP meme coin, then rolled the whole sum into Argentina. Spain’s win worn out the complete $1.23 million place.
World Cup Betting Volume Hits Billions
Prediction markets grew to become a significant venue for World Cup wagering throughout the event. Polymarket recorded $4.33 billion in buying and selling quantity on its World Cup markets.
Kalshi logged $1.89 billion over the identical interval. The platform additionally added 3 million new customers throughout the event, the firm instructed CNBC.
Both platforms noticed successful and losing positions throughout the rounds. One dealer, “fishalive,” turned roughly $427,000 into greater than $4.7 million earlier on a Spain versus Cape Verde match, whereas a whale often known as ColdSway absorbed $11.6 million in losses.
The remaining capped a event that pulled billions into crypto-based prediction markets, leaving open how a lot of that exercise carries into the months forward.
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