Jay-Z Loses Reported $1M Bet on Thunder to Win NBA Finals in 5 After Game 3 Defeat

The Indiana Pacers' Game 3 win over the Oklahoma City Thunder in the NBA Finals on Wednesday night created more heartbreak for yet another New Yorker.

Hip-hop legend Jay-Z reportedly placed a $1 million bet on the Thunder to win the NBA Finals in five games, but the Pacers' 116-107 victory gave them a 2-1 series lead, guaranteeing that Oklahoma City will need at least six games to earn the Larry O'Brien Trophy. The Brooklyn native would've won $3.3 million if his prediction came true.

Of course, the Pacers were likely already on Jay-Z's bad side after they defeated the New York Knicks in the Eastern Conference Finals in six games. While the Thunder were the best team in the league this season with a 68-14 record, the decision to make the $1 million bet likely was a combination of confidence in Oklahoma City and spite for Indiana.

The Pacers are now two wins away from winning their first NBA championship in franchise history. They will try to keep the momentum on their side in Friday night's Game 4 against the Thunder.