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.
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