Hip Hop impresario Diddy will soon be out of $1 million if a bet made during a dice game with Rick Ross over the weekend was in fact real. In a newly-released video, which can be seen on the Bad Boy Records founder’s Instagram page, Diddy can be seen playing a game of dice with the Maybach Music Group helmsman for the sum of $1 million.

Diddy ultimately lost the bet and penned a written contract for Ross declaring that he owes the God Forgives, I Don’t rapper $1 million.

Both artists also shared the news of their win/defeat on Twitter, with Rick Ross stating he “just won a Milli” from Diddy.

Although a hefty amount, Diddy and Ross’ $1 million bet doesn’t serve as the first time a Hip Hop artist has placed millions on a bet.

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Last year, Birdman bet $5 million on the New England Patriots during Super Bowl XLVI and the year prior he allegedly won $1 million after putting his money on the Green Bay Packers in Super Bowl XLV.

Video of Diddy and Ross’ dice game can be found below (Via XXL Magazine).

RELATED:Rick Ross Renews Promotional Deal With Diddy’s Ciroc Vodka

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