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Highlights
- Drake said he placed three bets on Los Angeles Rams in the Super Bowl match.
- The National Football League (NFL) will give away nonfungible tokens (NFTs) to each fan attending the event in Los Angeles on February 13.
- The American Gaming Association said over 31 Americans will place their bets, with a combined worth of US$7.6 billion, in the Super Bowl this year.
As Americans gear up for one of the country's biggest sports extravaganzas, Canadian rapper Drake said in an Instagram post that he placed over US$1.26 million bets in Bitcoin (BTC) on Los Angeles Rams that will play against Cincinnati Bengals in Sunday's Super Bowl LVI game.
Drake, whose original name is Aubrey Drake Graham, said he placed three bets: one on Rams as a winning team, including overtime, for US$0.47 million and two more on Rams' wide receiver Odell Beckham Jr. or OBJ, of about US$392,000 each, for achieving over 62.5 receiving yards and more than 0.5 anytime touchdowns. He placed the bets on the betting platform Stake.
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In an Instagram post, the Canadian rapper cheered for the Rams ahead of the NFL's title match, stating that "All bets are in on the family". He also shared the images of the Bitcoin transactions. Reacting to the post, Odell Beckham Jr. replied, "It's time".
Their Instagram conversations triggered a response from the rival camp's fans. The former American football cornerback, Charles James, wrote: "Yep, you just confirmed it! I'm Cincinnati! Burrow for the win. Call a reasonable number".
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Cryptos’ popularity among NFL players
NFL players like Aaron Rodgers, Tom Brady, and Trevor Lawrence have reportedly expressed interest in receiving a part of their salary in cryptocurrency. Beckham Jr. said that he would collect his NFL salary in Bitcoin. He has signed up Cash App for the transfer.
Beckham also promised to give back around US$1 million in Bitcoin to his fans. His total earnings are reportedly estimated to be more than US$4.20 million this year.
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In addition, the National Football League (NFL) will give away unique nonfungible tokens (NFTs) to each fan attending the Super Bowl LVI in Los Angeles on February 13. The customized keepsake NFTs, distributed in honor of the game, would feature the attendees.
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Bottomline
With the legalization of sports betting in 10 more states last year, the betting states now total around 32. Also, about 45 million more people will now be eligible for betting than in the previous year's Super Bowl. According to the American Gaming Association, over 31 million Americans will place their bets, with a combined value of US$7.6 billion, in the Super Bowl this year.
