Drake is getting candid about his recent gambling misfortunes.

On Wednesday (June 18), the 38-year-old rap superstar took to social media to reveal the millions he’s lost through sports betting over the past month.

“Gotta share the other side of gambling…,” Drake wrote on his Instagram Story alongside a screenshot of his hefty losses. “Losses are so fried right now I hope I can post a big win for you all soon cause I’m the only one that has never seen a max these guys max once a week.”

According to the post, the Toronto MC placed nearly $125 million in bets over the past month, resulting in about $8 million in losses. While Drake didn’t detail which specific wagers led to the downturn, recent NBA and NHL playoff games have dominated the sports betting scene.

Earlier this month, he revealed a $750,000 bet on a cricket match, backing the Royal Challengers Bengaluru to beat the Punjab Kings. The post, which tagged gambling platform Stake — with whom Drake has an endorsement deal — is just one of many high-stakes wagers he’s publicly shared.

This isn’t the first time the OVO boss has taken a major hit. Earlier this year, Drake bet $1.25 million on the Toronto Maple Leafs to win game seven and advance to the Eastern Conference Finals — only for the NHL team to fall to the Florida Panthers.

“I am a flawed sports better,” he recently admitted in a mock interview on Instagram this while promoting his partnership with Stake. “I will not deny that. That’s not my gift. I’ll let everybody roll with it. I’m sure if you’re a Drake curse believer, there will be plenty more content in the future to confirm your theories because my slips do not cash out. But one day I’m gonna have a parlay that’s insane.”

Despite the recent losses, Drake isn’t backing down. In another IG Story post on Wednesday, he revealed an $800,000 bet on game six of the 2025 NBA Finals. With the Oklahoma City Thunder leading the series over the Indiana Pacers, Drizzy placed $600,000 on a Thunder win and another $200,000 on them winning by a 6–10 point margin. If both bets hit, his total payout would be an estimated $1.7 million.

In music news, Drake is rumored to be working on a new album, reportedly titled Iceman, which many fans expect to drop before the end of 2025. While the rap star hasn’t confirmed or denied any details about the project, fellow artist Smiley recently hinted that Drake has been putting in serious work on something new.