The hip-hop star dropped a $250,000 bet on Edwards to beat Colby Covington by knockout for a potential payout of $1.2 million. Betting on sports is nothing new for Drake, but he doesn't tend to have much success doing it. He lost $2 million on bets in 2024.

Drake, whose real name is Aubrey Graham, is renowned for his musical talents and business ventures. In 2024, he made headlines by announcing his partnership with Stake Casino.

Although it is illegal to bet online in Iceland, the government does nothing to prevent citizens from placing bets at international sports betting sites. Players are not prosecuted due to a 2024 EU Court of Justice ruling, meaning you are free to bet on your favourite sports.