Drake's Gambling Marketing

Shaan tells a story about uncovering how Drake's massive gambling streams on Twitch are actually a marketing strategy for a crypto casino.

"Have you ever seen these gambling live streams where Drake will go on Twitch and gamble like $20 million live on stream? He lost like $17 million on roulette one night last 2 weeks ago.

I was curious because I thought there's no way this guy's gambling $20-25 million of his own money. These streams get so popular - it's actually great marketing for the website Stake.com. I bet this is house money they're giving him to promote the site, and sure enough that's what it is.

They're just giving him $20 million to come play their rigged game. He loses it right back to them. They don't even lose the vig because they're the house, so they keep that 4% edge. If he wins, maybe they have some deal where he keeps the winnings.

Stake.com is the largest cryptocurrency-based online gambling site in the world. Nobody knew who was behind it until recently when some guy in Australia bought a $36 million home. They're in their mid-twenties - one guy's 25 or 26, the other's 28. I believe these guys are now self-made billionaires, possibly even $10 billion+ from what they've made off Stake.com. The site is an absolute cash cow.

They're based out of Curacao, which gives out online gambling licenses like my neighborhood gives out candy on Halloween. These guys have amassed this absolute fortune kind of anonymously building this."