What a Gamble: JAY Z Takes a Major ‘L’ To Oscar Del La Hoya

at 7:00 pm | By

lebron james jay z NBA All-Star Game 2013

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Let’s face it: It’s all about the Benjamins! It always has been and it always will be. Rappers are very competitive and they definitely don’t mind spending a huge amount of money when they place a bet. And when we say huge amount, we’re talking thousands and millions of dollars.

For example, JAY Z just recently decided to get into a bet for one of his clients, Miguel Cotto for his fight this past Saturday. The Roc Nation boxer has exuded charisma and power throughout his career, but was overwhelmed by the younger and gutsier Canelo Alveraz. For that fight, guess how much Hov dropped?!