Drake Places $250k Bet On Jake Paul To Lose Fight With Nate Diaz, $1 Million Payout

Drake is picking sides in the upcoming Jake Paul and Nate Diaz fight ... placing a bet on The Problem Child to fall short ... and judging by the massive wager, Champagne Papi's feeling confident.

Drizzy posted the Stake betting slip on social media Friday night ... and he's risking $250,000 to win $1 million. In order for Drake to cash out, Nate has to win his fight with Paul.

Here's how Drake's explaining his bet ... "Jake is a dog but I can never bet against a Diaz brother that's just how I was raised."

Drake's switching up when it comes to the YouTuber-turned-boxer ... remember, he bet $400k on Jake to knock out Tommy Fury back in February, but Jake didn't make it happen and Drake lost.

But, Jake says Drake has won tons of money on him in the past ... though that doesn't appear to be influencing Drake's bet this time around.

The fight's going down Saturday night at the American Airlines Center in Dallas ... and Jake's a heavy favorite, though Drake is going for the underdog here.

Jake and Nate are chomping at the bit to fight ... their Thursday press conference spiraled into a massive brawl.