Canadian Streamer xQc Claims He’s Gambled Nearly $3B on Stake
- 17 Sep 2024
- Gambling News
On Monday, Felix Lengyel, who goes by the online streaming moniker xQc, disclosed that he has wagered around $3 billion on the online gambling site Stake.
xQc began playing the multiplayer first-person shooter game "Overwatch," created by Blizzard Entertainment, professionally in 2016. Numerous controversies tainted xQc's esports career, leading to many suspensions and the termination of his team in 2019.
After that, Lengyel concentrated his career on Twitch live-streaming. His enormous fan base made him extremely wealthy, and in June 2023, Kick paid him $100 million to transfer his esports stream to the platform developed by Ed Craven and Bijan Tehrani, co-founders of Stake.com.
Online gambling streams were required as part of Lengyel's Kick deal, and xQc started doing so as soon as they signed the lucrative contract. On Monday, the 28-year-old revealed to his millions of fans how much he had been wagering on the Stake iGaming website.
Nearly $3 billion Bet
Lengyel posted an image of his Stake online gaming account, which reveals that he has wagered about $3 billion. He has placed 1,138,753 bets totaling $2,954,739,443.22, or $2,594 per wager on average.
With 1,011,365 losses compared to 112,015 wins, xQc has lost a lot more than he has won. Bets on sports, table games, and slot machines are included in the statistics.
His revealing of his betting history was resisted by xQc's supporters. Many have claimed that he is receiving credits from Stake to advertise the site rather than really using his own funds to gamble.
"He gets paid to use Stakes’ money to gamble and get others addicted to gambling,” read one response.
Stake is a casino app and website that offers interactive real money gambling. The network's main business is cryptocurrency.
Although it is illegal in the US, Stake.com is well-liked in Canada and other countries. The iGaming business has a Curacao license. While real money gambling is illegal in most US jurisdictions, Stake operates a free-to-play social casino.
Only the states of Connecticut, Delaware, Michigan, New Jersey, Rhode Island, Pennsylvania, and West Virginia have laws governing real-money online casino gambling. In none of those jurisdictions does Stake hold a license.
xQc Unrepentant
It appears that Kick is utilizing xQc to advertise its Twitch-competing broadcasting service and to turn esports players into Stake gamblers. Earlier this year, xQc advised some of his supporters to shut up after they reprimanded him for encouraging gambling and maybe gambling dangerously.
"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,” xQc wrote on Kick.
Regulators placed xQc on the province's exclusion list last year due to widespread claims that he has a gambling addiction, and as a result, he is prohibited from all casinos in his home province of Quebec. After celebrating his birthday with his family at a land-based casino in Montreal last November, Lengyel was removed out of the establishment.
Since then, xQc has revealed that he is contesting his listing on the forbidden people list.
