Canadian Streamer xQc Claims He’s Gambled Nearly $3B on Stake

23/09/2024 | Categories: News | Published by: Heather | Last updated: 01/10/2024

Felix Lengyel, widely known as xQc, has made headlines recently by revealing that he has gambled nearly $3 billion on the online casino platform Stake. This staggering figure has caught the attention of both fans and critics alike. On September 17, 2024, xQc shared this eye-opening information with his millions of followers, posting a screenshot from his Stake account that showed he had placed over 1.1 million bets, averaging about $2,594 per wager. For many, this revelation raises questions about the implications of such high-stakes gambling, especially considering xQc’s significant influence as a streamer.

From Esports Star to Streaming Sensation

xQc first gained fame as a professional player in the popular game “Overwatch.” He quickly became one of the top players in the esports scene, but his career faced numerous controversies, leading to multiple suspensions and ultimately his dismissal from his team in 2019. Rather than fading into obscurity, xQc pivoted to live streaming, where he cultivated a massive audience. His dynamic personality and entertaining gameplay attracted millions of viewers, allowing him to monetize his content and become one of the highest-earning streamers in the industry.

Lucrative Contract with Kick

In June 2023, xQc signed a lucrative contract with Kick, a streaming platform developed by the founders of Stake.com. Part of this deal included mandatory online gambling streams, a move that has sparked intense debate about the ethical implications of promoting gambling to a young and impressionable audience. Since signing with Kick, xQc has openly streamed his gambling sessions, which has only added to the scrutiny he faces from his followers and the public.

Responsible Gambling

The sheer volume of money that xQc has wagered on Stake is alarming. His betting history reveals that he has made 1,138,753 bets, but he has lost far more than he has won. Over 1 million losses compared to approximately 112,000 wins. These statistics include various types of betting, including slots, table games, and sports bets. While some may view this as a thrilling pursuit, many critics argue that it raises serious questions about responsible gambling. The fact that xQc is a prominent public figure only amplifies these concerns, as his actions may influence his younger audience.

Many fans and observers have questioned whether xQc is genuinely gambling with his own money. Some have alleged that Stake provides him with credits to use during his streams, effectively turning his gambling into a promotional activity rather than a personal choice.

This has led to accusations that he may be encouraging addictive behavior among his viewers. One comment from a concerned follower stated, “He gets paid to use Stake’s money to gamble and get others addicted to gambling.” Such criticisms highlight the moral dilemmas surrounding influencers who promote gambling, especially to a young audience.

About Stake

Stake is an online casino that primarily operates with cryptocurrencies, and while it is popular in Canada and other countries, it is not legal in the U.S. In the United States, Stake runs a free-to-play social casino in most states, but actual money gambling is prohibited. Real-money online gambling is regulated only in a few states, including New Jersey, Pennsylvania, and Michigan. Stake does not hold licenses in these jurisdictions, which complicates its operations and raises questions about the legality of its advertising in the U.S. market.

Ban in Quebec

Adding to the complexity of xQc’s situation is his ban from all casinos in his home province of Quebec. Last year, regulators placed him on the province’s exclusion list due to widespread allegations of gambling problems. This ban came to light after xQc was escorted out of a Montreal casino during a family dinner. Raising further concerns about his gambling habits. Despite this setback, he has announced plans to appeal his inclusion on the prohibited person list. Indicating that he is determined to continue his gambling activities.

In response to the backlash he has received, xQc has adopted a defiant attitude. Namely, urging critics to focus on their own lives. He recently stated, “Backwards-ass people thinking that an idiot aiming to entertain (me) rips away all free will from vulnerable individuals. Get a grip of your own life before fixing mine.” This dismissive stance has not alleviated concerns among fans and mental health advocates, who worry about the impact of his gambling streams on his audience.

As the debate continues, xQc’s high-profile gambling activities and their implications for his followers remain a hot topic. His situation highlights the complex relationship between online streaming, gambling, and the ethical responsibilities of influencers. Whether or not his actions will lead to a greater conversation about responsible gambling practices in the online space remains to be seen, but one thing is clear: xQc’s journey in the world of online gambling is far from over.

Our Thoughts

At BTCGOSU, we fully support responsible gambling and believe in creating a safe and enjoyable environment for all players. We encourage our community to gamble wisely and recognize the importance of knowing one’s limits.

If you or someone you know is struggling with gambling addiction, help is available. Resources such as the National Council on Problem Gambling and Gamblers Anonymous offer support and guidance for those in need. Remember, getting help is a strong and positive step towards maintaining a healthy relationship with gambling.

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