Rapper Preme's Super Bowl bet fails, losing $178,000 because "dance counts as a performance"

SmartContractAuditor · 2026-02-10T15:06:18+00:00

Rapper Preme bet $185,000 on Polymarket, believing that Cardi B and Drake would not perform at the Super Bowl, but since dancing was considered a "performance," Preme lost the bet, losing about $178,000. He stated on social media that dancing should not count as a performance and then deleted the post.

SmartContractAuditor

2026-02-10 15:06:18

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Odaily Planet Daily reports that according to Lookonchain monitoring, rapper Preme placed a bet on Polymarket that Cardi B and Drake would not perform at the Super Bowl LX halftime show, with a total wager of approximately $185,000. Due to the close relationship between Drake and Preme, there was speculation that Preme might have insider information. However, on-chain data shows that Preme’s associated wallet 9hDJHg made multiple transfers to the Stake platform, and during the halftime show, Cardi B took the stage to dance. Polymarket classified the dance as a “performance,” causing Preme to lose the bet and incur a loss of about $178,000. Afterwards, he posted on X that “dancing shouldn’t count as a performance,” then deleted the post.

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