Popular online personality Felix ‘xQc’ Lengyel disclosed staggering details about his extensive gambling activities on the Stake.com platform.
The renowned streamer, who earlier this year signed a noteworthy $100m deal with Kick, has seen a remarkable escalation in his wager amounts over the past years.
Notably, xQc’s gambling pursuits have taken a dramatic turn. Previously, he was known for streaming modest $40 casino spins, but in a recent stream, he showcased a significant shift, now engaging in $50,000 spins.
This increase has resulted in an eye-popping total wager amount on Stake.com, currently standing at an astronomical $2,655,921,982.
Despite recent substantial wins, such as a $378,400 windfall from Mighty Mask and a $620,950 payout from Dork Unit, xQc admitted to significant losses, totaling $15m in November alone.
Fans, however, are left puzzled, questioning the authenticity of these colossal figures. Skepticism has arisen regarding the ownership of the funds, with speculations about the possibility of “fake money” circulating among the viewers.
Suggestions of Stake.com providing funds for the gambling activities have surfaced, leading to debates about the legitimacy of the streamer’s monetary involvement.
In response to mounting speculation, xQc clarified the nature of his agreements with Kick and Stake.com. He emphasized the independence of the two deals, with no overlap between the Kick and Stake.com contracts.
While he refrained from revealing specific financial details, he hinted that the combined worth of both deals could reach up to $275 million.
Despite the uncertainty surrounding the origin of the substantial sums involved, xQc continues his high-stakes gambling streams, providing a captivating yet controversial spectacle for his vast audience.
Additionally, last week xQc openly acknowledged receiving payment from Stake.com for streaming gambling content on the Kick platform. During a live stream discussion, xQc confirmed his involvement in gambling-related streams.
Kick has faced scrutiny for its overt emphasis on pro-gambling initiatives, a concern amplified by its inability to operate in the United States due to legal limitations.
Concurrently, in July, Kick CEO Eddie Craven introduced new measures to reduce the prominence of gambling streams on the platform.
These initiatives encompass allowing users to deactivate gambling streams and implementing view count protection to prevent manipulation.
The ongoing discussions surrounding explicit gambling requirements and perceived incentives in Kick’s contracts have generated demands for heightened transparency and responsible conduct in the swiftly evolving landscape of online content creation.
Looking for your next crypto casino? Check out: Mega Dice or FortuneJack
John Sommers is a distinguished figure in the world of gambling expertise, known for his deep knowledge and insightful analysis of the gaming industry. As a seasoned author, he has contributed extensively to the reputable gambling news site, TwinCasinos, focusing on providing valuable insights to English-speaking gamblers worldwide.
With a career spanning over a decade, John has honed his expertise in various aspects of gambling, from strategic gameplay to industry trends and regulatory developments. His articles are revered for their blend of comprehensive research, astute observations, and a knack for demystifying complex concepts for both novice and seasoned players.
Beyond his writing prowess, John has established himself as a trusted authority, often sought after for his expert commentary on the ever-evolving landscape of the casino and betting industry. His passion for responsible gambling and commitment to ensuring players make informed choices are evident in his work, making him a beacon of integrity in an industry that demands such values.
Whether you’re a casual gambler or a dedicated enthusiast, John Sommers’ contributions to TwinCasinos promise to be an invaluable resource for navigating the dynamic world of gambling.
Latest posts by John Sommers (see all)