Jay-Z misplaced $1 million betting on the Thunder in Recreation 5, however with a $2.5 billion internet price, the gamble barely scratched his monetary floor.
Jay-Z dropped a cool $1 million on the Oklahoma Metropolis Thunder to clinch the NBA Finals in 5 video games, however Indiana’s Recreation 3 win immediately worn out his wager.
The Hip-Hop mogul positioned the wager by means of Fanatics Sportsbook, the betting platform he co-owns, banking on the Thunder to take the sequence 4-1 at +230 odds.
Had the prediction landed, he would’ve walked away with $3.3 million. However after the Indiana Pacers took Recreation 1 after which Recreation 3, the maths now not labored in his favor.
The Thunder’s loss in Recreation 3 handed the Pacers a 2-1 lead, making it not possible for Oklahoma Metropolis to win the sequence in 5 video games. That outcome instantly voided Jay-Z’s wager, turning his seven-figure gamble into an entire loss.
Whereas the wager made headlines, the monetary hit barely dents Jay-Z’s empire.
With a internet price estimated at $2.5 billion in 2025, the $1 million wager represents simply 0.04% of his complete wealth. For comparability, that’s like somebody with $100 dropping 4 cents.
Jay-Z’s fortune spans music, luxurious liquor, tech, and sports activities. In 2023, he offered a portion of his D’Ussé cognac stake to Bacardi for roughly $750 million.
He additionally holds main stakes in Roc Nation and Tidal, which he offered to Sq. for $297 million, in addition to Armand de Brignac champagne, of which he offered a 50% stake to LVMH for $600 million.
He grew to become Hip-Hop’s first billionaire in 2019 and has since greater than doubled his wealth. His involvement in sports activities betting and playing goes past informal wagers.
In 2021, he invested $350 million into Fanatics and he’s at present making an attempt to open a Caesars Palace on line casino in Occasions Sq..
Jay-Z’s million-dollar wager was additionally a advertising transfer, showcasing the platform he helped construct. However even with the loss, the Finals are removed from over.
The sequence is now tied 2-2 after each groups traded wins, organising a pivotal Recreation 5. The Thunder and Pacers will face off once more Monday night time (June 16) at 8:30 p.m. ET in Oklahoma Metropolis.
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