Drake’s USDT crypto bet wins big at World Cup 2026
Celebrity musician Drake placed a large USDT crypto bet on Canada to qualify from a World Cup 2026 match against South Africa. On June 28, Canada beat South Africa 1-0 to clinch a spot in the round of 16.
Drake wagered $770,000 worth of USDT on Canada with implied odds of 1.30. The win translated into a profit of roughly $230,000 in USDT after Canada’s late goal sealed the result.
The article also revisits Drake’s earlier, mostly losing, crypto wagers—prompting the “Drake curse” narrative. In 2022, he bet over $600,000 in BTC on FC Barcelona to defeat Real Madrid, but lost. In 2024, he placed $300,000 in BTC that Canada would beat Argentina in the Copa América semi-final; Argentina won 2-0.
Other losses cited include a $1M BTC bet tied to the Champions League final (Arsenal lost via penalties) and earlier sports bets in BTC that ended in defeat. Drake’s history of failed BTC-linked wagers is framed as a superstition, even though this latest outcome was a rare win.
For traders, the headline centers on a one-off USDT crypto bet tied to sports outcomes rather than on token fundamentals or exchange flows.
Neutral
This is a celebrity one-off linked to sports outcomes using USDT, with no evidence of direct token demand, protocol changes, or major exchange inflows/outflows. Historically, similar “celebrity crypto bet” headlines rarely move BTC or stablecoin prices because the notional sizes are not tied to measurable market mechanics.
In the short term, the news may create brief social-media attention around USDT/BTC, but it is unlikely to affect liquidity, volatility, or order books meaningfully. In the long term, it functions more as a sentiment/cultural story (“Drake curse” vs. the latest win) than as a driver of fundamentals.
Traders should treat it as context, not a trading signal: watch for any follow-on data (e.g., measurable exchange flow metrics), but base positioning on market indicators such as BTC trend, stablecoin supply dynamics, and broader risk appetite rather than sports-bet anecdotes.