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I would love to see what the "I don't gamble with house money" write in their tax declaration.
when stake pays them so they can gamble with "their own money", do they declare that as income? Are gambling losses a business expense? Do they just not declare it since they get paid in crypto? Is there some tax loophole so they don't have to pay tax on their sponsorship income? Or do they just pay millions in extra taxes so they can say that it really is their own money?
You pay taxes the moment you win/are paid in crypto. If you buy crypto and hold it, then yes no taxes until you sell. If you transfer 1 crypto to another crypto that is also a taxable event. IRS going ham on crypto audits last year and this year. It is becoming more of a big deal, and there is no statute of limitations on fraudulent tax returns.
That is how all investing works, whether it is tesla stock or a meme coin. Until laws are updated, this is how US tax treats crypto. So I rarely trade one crypto for another. I sell eth or bitcoin for usd, take out the tax and pay it like a normal investor.
Yes. Selling one asset for another triggers capital gains tax based on the cost basis and gain of the traded asset for the new one. So if a person buys btc at a lower price, trades that same BTC for a meme coin while that BTC coin is now in profit, means the person needs to pay that capital gains on the BTC.
If there was no capital gain then no tax. Ex. Bought bitcoin, sold for a loss, no tax.
You really just have to not gamble your gains before you pay taxes on them. If you put $1k into BTC then it turns to $10k, you have $9k gains. You don’t get taxed until you trade out of BTC, but whatever you trade to (USD or some other coin), will create a taxable event. So if you move to cash or another coin, just hold back 20-30% of your gain ($1.8-2.7k) in a safe investment (USD because it’s what you’re taxed in, or maybe BTC as it’s the safest* coin) and you should be fine to continue playing with the rest. The issue comes when you take that whole $10k, throw it in a shit coin, then lose it all and still owe $1.8-2.7k in taxes.
The same idea would work for stocks. Trading from NVDA to AMD is technically cashing out to USD in between, so you’d get taxed on your gains from the first investment. If you throw all those gains into the second investment and it drops to $0, you still owe taxes on the first one, you just gambled your gains away.
* idk if BTC is the safest, just a general point that I’m sure everyone could at least understand even if they don’t 100% agree with BTC’s value
would it officially/legaly matter if he get's paid in crypto or something else?
Afaik they look just at the value, so when x is signing a contract worth y, the income would be y - doesn't matter if y is paid out in dollar, euro, bitcoin, or cows and chicken
I assume he gets paid lets say 10-20m$ a month, of which some of it gets send either to a bank account or cold storage wallet while the other gets sent to an address from which he uses it to gamble on stream.
If you know a little about blockchain analysis and some of the tools you will be able to find everything you want to know.
Some hints from me to whoever decides to go to this path: Stake was recently added to a huge blockchain analysis platform where you can see a lot of Stake wallets (ofc not all, cause many are untracked), including inflows/outflows from the known stake wallets. Then lets say you see a streamer put 200k in to gamble, you just go and do: inflow between 100k$ and 1m$ in real money value. If you want to be 100% sure, you can wait until streamer deposits twice or more times and see the bigger picture. For each user Stake has, I think, two wallets, one is "the vault" and the other one is your playing balance (which is always 0$, I'll explain).
If you transfer 100k from binance to stake vault, it will be in the vault as 100k, but if you transfer from your vault to balance (to gamble) then it goes to balance (playing balance wallet) and immediately goes to stake controlled wallets. I think I explained it poorly, if someone has some questions I'll answer them
> I assume he gets paid lets say 10-20m$ a month
Isn't his contract $70/100m over 2 years? Also no way he's being paid this much money...... only to give the money back to the casino.
There are two contracts, one is Kick and the other one is Stake. The reason I mentioned 10-20m$ is because of two reasons:
1) the amount he bets/gambles (at least 1k per spin, sometimes, 3, 5, 20, 40, 50,70),
2) he said something amongst the line of: both of his contracts being worth 200 something million (if I recall correctly 270m$).
>Also no way he's being paid this much money...... only to give the money back to the casino.
That's the whole point I'm making, they are giving him a huge amount (for decent amount of hours streamed gamba) of money from which lets 30% goes to somewhere else (cold wallet or bank account) and he uses that money only when he gambles the remaining 70%. Ofc its not this simple as I've made it out to be cause he says he doesnt have to gamble N amount of hours,
look, if you mean "virtual" as in "crypto" then yeah, but if you say virtual as in "fake" like it was with the previous casino that some of nelk/adin ross were with then you're wrong because I've seen blockchain transactions between stake and his wallet and its real money
prove he owns that wallet and it's not just another Stake wallet so Stake can just transfer funds from the right hand to the left while making it appear that money is being won or lost
well no. If he is live you can see what he wins and what he loses, so you know what and how much is being sent etc, I can tell you that I had an access to a spreadsheet (and I still do) that tracked his profits/losses from the start (his first gamba stream on twitch up until like 6 months ago). So while streaming that's not possible because he says when he withdraws/deposits etc.. but when he is offline ofc lets say stake owner can transfer him money, but all of that will be displayed as an transactions just like he gets paid or won something. The good thing with this is that xQc is the person that brags a lot, so everytime he would win something, he will show the replay, show the game id etc.. (the fairplay thing) and you would see the money increasing if he sends it to his vault or his wallet.
and for proving, I've personally seen him withdraw/deposit over 100 times, but he has also mentioned that someone else has one of his wallets (iirc he was saying his brother had it).. I told you the way to find it, go spend some time and you will be successful. You don't have to wait so he goes online, check his vod, see the time he starts gamba see the inflow to stake and you'll find the wallet.
i told you the way to find the evidence yourself, go, do some digging and find it yourself. I was able to examine over 100 times (that's a low number, real would be between 200-300) and prove to myself that he has access to it (literally live sending money etc...), for me it was enough, if you need more, I've explained more than once on how to get the wallet, put in some work and dont expect everything to be served with no commitment.
Because, same as drugs, it doesn’t start as a bad time. That one win when they try just for the lulz might be all the push someone needs to keep buying in.
The victims are not playing games of chance against the primordial chaos of the universe. This entire offshore unregulated casino racket is designed hook, line and sinker to capture and fleece as many victims as it can at the moment of exposure and xQc’s streams funnel them right in.
I think the situation is that it technically is “his” money, but as soon as he stops using “his” money to gamble and tries to just withdraw it he would stop receiving money. So they can say it’s their money and it’s not a lie, but only technically.
In that case, Bruno Mars is the sucker. The casinos are making money directly off his gambling addiction.
In the case of xQc, his audience are the suckers. They're the ones paying off Stake to the tune of millions, or perhaps billions.
Dude sold his soul. All the rest of the gambling promoters like Drake and whoever else too. Promoting something that will statistically directly lead to heartbreak/deaths; ain't enough watches or shiny rocks or wagyu steaks in the world for that kind of depravity/negative karma.
Gambling by yourself is a personal choice and if you have some extra cash to blow that you're not going to try and chase if you lose it then sure who gives af. But promoting it/trying to attract people to it is a completely different thing and yeah, no amount of backlash is sufficient. Get that shit out of here.
The quality of his streams also took a massive hit to the point where it’s unwatchable for me. Any time I try giving his streams another chance I just end up constantly raising my eyebrows because of how cringy and out-of-touch he has become.
Yea true. I think the last xqc streams I truly enjoyed watching was his rust streams on the otv server in the back half of 2020. Then in 2021 he started playing gta rp I think and then eventually he went down the tiktok and gamling route which truly made his streams unwatchable.
I think I stopped watching his streams around time amogus became popular. He went on streak of playing mostly online games with a lot of interactions(rust, gta, among us) where he constantly acted like trash towards everyone.
Agreed, remember when he announced he will be streaming on Kick.
He said it wasn't for the money but he joined Kick so he can do stuff like watch parties and Kick sponsored "Big" events. Then proceeded to shit on people who said he joined for the gamba money.
Turns out it was because of the money.
Especially since many viewers are younger. Utterly disgusting. When multi millionaires feel the need to sell out for blood money, you know it is a sign that society will crumble. Not only that, the moron does not even use the money.
I'm okay with gambling in general. Adults can make their own decisions with their own money. Promoting predatory practices targeting vulnerable groups (like addictive personalities or poor people or CHILDREN) is irredeemable. They know what they are doing, and they are truly evil for continuing to do it.
His streams died the day gambling became his thing, he shattered his community in half and just from an entertainment pov the shit became boring. Sad cause he was responsible for some of the greatest moment ever on twitch, greed destroys.
He’s simply not entertaining anymore though. While it was fun to watch him somewhere around Among us era when he still had some variety on the table, now it’s all became stale with same shit happening every stream and chat becoming overly obnoxious full of ass zoomer memes.
Kick deal would bring some good content he said, when all the “good content” is gambling. Dude washed af
No they don't, lol. The good RPers avoid xQc because even if they have a valid reason for doing whatever to xQc he still whines, saying they're targeting him or stream sniping or whatever other stupid excuse he says when things don't go his way. He's actually bad. That's why he got banned from nopixel so many times. Then he decided to buy part of it so he can still be shit but not get banned, lol.
Classic reddit cant tell you how many times I've seen very easily disproven opinions and statements upvoted because of the very clear bias people have. Literally just go look at his VODs you can't tell me this person doesn't just hate XQC without ever actually looking at his content past what's shown to him on here
30 to 40 thousand people every day? I'm not gonna defend him on gambling because I don't give a fuck but saying "who watches him anymore" when he's still one of the biggest streamers is just retarded. He also plays games literally every stream, this is just hating for no reason and is one of the most upvoted comments lmao
Dude he’s gambled 2.5 BILLION dollars. Think about that for a second. Then compare this to Bruno fucking Mars who’s 50 MILLION in debt to MGM. XQC has spent over 40x that amount and is in zero debt.
He does lose money and it's a lot if millions but he gets paid that back, he said on stream that he has even out ad deal with stake so that he doesn't gain money or lose money, they just pay him the negatives to even it out
>always come out on top
Do you actually watch him gamble? He pretty much always loses. Even if he hits a big win like $1m-$2m he just keeps spinning and ends up blowing it all back down to zero.
xQc isn’t your average joe. He is a 30k+ streamer who streams like 10-20 hours a day. His Kick deal was supposedly $100m and he absolutely gets extra money to gamble with Stake.
Plus he did have a lot of money (probably like $10m+) in ETH and BTC which has 4X+ in the last year. Which is what he uses to deposit into Stake.
And sadly your average Joe does do this. There are millions of people in the US with gambling addictions. They are not sitting at the computer doing $1000 spins on illegal gambling websites. But they are buying scratch tickets, playing mega millions, going to the physical casino every weekend, and now playing Fan Duel or Draft Kings. *These are all legal and “regulated” service that are being advertised to children btw.*
Because with slots returns are probably pretty high so hes probably only lost less than 5% of that. Also he can write off the losses possibly as business expenses but idk how that would be different then writing them off when totalling your yearly gambling earnings(if you made any at all).
He doesn't come out on top (if you're not counting the money Stake gives him anyway). He's losing just like every other gambler. But most other gamblers don't get paid millions a month to offset those losses.
i watched some gamblers like xqc train and never saw anyone come on "top" and it actually influenced me to never gamble in slots again( i still do match betting on sports)
The only one ive seen come on "top" is roshtein and he either gambles fake money or probably have some ties with stake for those shit
It's not rigged, the RTP is literally the same as advertised.
Also the slots they play on are on their own servers and used by dozen of state-owned websites across the world.
Reminder that when xQc called out sponsored gambling, all of LSF was siding against xQc and was defending online sponsored gambling [https://www.reddit.com/r/LivestreamFail/comments/ij7fbq/xqcow\_calls\_out\_easywithaces/](https://www.reddit.com/r/LivestreamFail/comments/ij7fbq/xqcow_calls_out_easywithaces/)
Everyone in that thread is **shitting on xQc, comparing sponsored gambling to cases, saying that he has 18+ in the title, comparing gamba to claw games X plays, comparing pokemon cards and gamba "He takes donations from children", saying that gamba and lootbox in games are the same etc. and using exactly the same excuses xQc/Train uses now .**
LSF was literally the biggest pro Gambling and anti xQc force when xQc was in his anti gambling arc.
xQc literally a reverse Uno card on LSF.
There have definitely been streamers that have turned down similar money. There have been sports figures that have turned down that kind of money for moral reasons too, but most of those people are already quite rich which makes it a lot easier. Definitely not everyone, but most people of course.
You could definitely argue that X was already plenty rich enough that he’s a massive scumbag for doing this though.
No they wouldn't. You just mean you would. Every cent you make on a gambling sponsorship is money they will recoup on the people you bring in, otherwise it wouldn't make sense to do the sponsorship. You are almost taking that money from your viewers.
I honestly struggle to understand why people need that much money. You want expensive things enough to literally condemn thousands of people to a gambling addiction? Sure it would be nice to not have to work in your life, but you don't need anywhere close to the amounts these guys are earning for that and even then, it's not worth the cost. Your life getting easier should not come at the cost of other people's lives becoming more miserable.
You are probably right. Given the choice, I would probably sell my soul to secure hundreds of millions of dollars for my family and future generstions. All that financial security in a legal way with no consequences? It's definitely hard to turn down. I might even publicly deny that I'm an evil scumbag. But I would know that I am inside. I'm sure xqc and friends know that too.
Reminder that when xQc called out sponsored gambling, all of LSF was siding against xQc and was defending online sponsored gambling [https://www.reddit.com/r/LivestreamFail/comments/ij7fbq/xqcow\_calls\_out\_easywithaces/](https://www.reddit.com/r/LivestreamFail/comments/ij7fbq/xqcow_calls_out_easywithaces/)
Everyone in that thread is **shitting on xQc, comparing sponsored gambling to cases, saying that he has 18+ in the title, comparing gamba to claw games X plays, comparing pokemon cards and gamba "He takes donations from children", saying that gamba and lootbox in games are the same etc. and using exactly the same excuses xQc/Train uses now .**
LSF was literally the biggest pro Gambling and anti xQc force when xQc was in his anti gambling arc.
xQc literally put a reverse Uno card on LSF
Same way trainwrecks talks about making 25m a month and adin and xqc talking about thesw big deals, none of this money is thier own, all of them are serial wafflers
People forget that he's also addicted. To feed his addiction, he will take sponsorships since that's only way for his addiction to not have consequences. He's not just doing it for the money I feel like
It’s kinda wild sometimes people clamor here about addictions while this guy is clearly unhealthy addicted. The math said he’s lost about 75 million dollars to gambling on this website. His brain is probably constantly telling him he HAS to do this because he’s in a huge black hole of losses.
It’s just sad really at this point. If I had to guess he is probably majorly depressed in someways and does really need outside help. But I’m assuming he’s pushed a lot of people away that have tried, and he’s left with enablers. And then all the toxic hate of the internet probably pushes his ego to prove everyone wrong. It’s a huge cycle of just awfulness.
I mean how empty do you really have to feel to just burn 1000+ per slot spin. I can’t even imagine, 1000 bucks is a lot of money to most people.
Ehh I imagine he’s still making decent money, I don’t watch gambling content so it’s hard for me to tell, but he’s consistently in the discussion which means he’s probably getting a decent amount of viewers.
Yeah he’s at the status of streaming where he will never really be able to kill his channel no matter what he does, people will always watch. That’s a lot different than him thinking he’s putting out good content tho, something X has always been very aware of and concerned about before the gambling deal
What content. This shit is trash and he can clearly see people complaining in his community about space bar simulator. That stake contract is clearly massive
I mean you’re right but at the same time iv heard the money he gambles is potential earnings so if he loses it he doesn’t get paid for the sponsor. So losing 75m of potential sponsorship money still probably feels like shit.
lol what, you replied something I didn’t agree with to my comment ON REDDIT. Like if you don’t want to discuss then don’t reply to other peoples comments?
Money changes people.
Gets to play with monopoly money while getting paid.
Remember when Xqc use to make fun of those Youtubers like Ricegum and FazeBanks who flex their wealth to their audience with watches, Gucci etc. Now he's no different.
With average RTP 2.5b$ wagered is "only" a loss of like 75m$. Technically, if you were to give him every benefit of the doubt possible and ignore the fact that he himself said he gets paid, he could have wagered all that completely by himself. 75m$ in 3 years is 25m$ a year. Don't remember the numbers back from the leak, but that's what he made yearly from Twitch anyway, right? Or something in that ball park.
Of course he did and does get paid by Stake to gamble, but the amount being wagered isn't why we know that.
**CLIP MIRROR:
[3 years after issuing an apology for "hard-exposing" gambling to his viewers, XQC reaches $2.5B gambled on Stake](https://arazu.io/t3_1bguzub/)**
---
^(*This is an automated comment*)
Not like he wasn't loaded before gambling. Dude sold his soul and his audience for extra zeros on his bank account.. for what? extra lambo's and "clout"
I used to think he was just a useful idiot, but over the past year I think he was fully aware of what he’s been doing. It’s even crazier cause he literally had an uncle pass away from gambling addiction but that didn’t stop him at all.
Dude is set for life. Why not go and enjoy the privilege? Why go out of your way to make the world a worse place than what it was before you? I know I would sleep better knowing I didn't peddle a life altering gambling addiction to kids.
The traffic toward Stake literally doubled since Kick was founded [https://twitter.com/StakeEddie/status/1720354688082797036](https://twitter.com/StakeEddie/status/1720354688082797036)
Basically 7 billions in revenue now. If anything, it was one of the their best investment.
For real, people are coping hard. Not to mention that this kind of stuff isn't even meant to pay out instantly, it's a long term thing to get established as a competitor. It's the same reason why Epic was fine running their game store on a loss for years.
Yup. It's the same xqc from 3 years ago and so are the viewers. I watched him back then and sometimes pop into his streams these days, too.
You can say he changed from way back when, like 6 years ago, but today he's the same as he was around COVID.
Xqc and kick clan tried to downplay the kick traffic to gambling tunnel for years, despite being called out by other creators. Not only did they exploit their audiences, but they also made a cult. None of them should have a platform, none.
It gets even more "messy" because they even tax the gas fee/miner fee if the fee is paid with the crypto that itself is in profit. That is why most people need to, or should, be using tax software like cointracker who does rhe math for you auto uploads to turbotax.
they probably just have a contract where they don't actually win or lose anything they just get free money to gamble and they get paid for streaming it or people using their codes
they'd flex money a lot harder if they had as much money as it looks like they win on gambling between train buddha and xqc, with how seedy these companies are i can only imagine the contracts basically just make everything monopoly money, they make really good money but ain't no way they make enough to justify how much they gamble and blow through on stream every day
Reminder that when xQc called out sponsored gambling by going againts a gambling streamer, all of LSF was siding against xQc and was defending online sponsored gambling, and defending it harder than Trainwrecks or xQc could ever defend gambling :
What xQc said in that clip : "I don't take morale advice from people who promote gambling to children"
Let's check some of the most upvoted comments :
[https://www.reddit.com/r/LivestreamFail/comments/ij7fbq/xqcow\_calls\_out\_easywithaces/](https://www.reddit.com/r/LivestreamFail/comments/ij7fbq/xqcow_calls_out_easywithaces/)
410 upvotes : "But doesn't opening loot boxes count?...
He spent a lot on stream for CS boxes. But tbh I didn't watch that live so idk for sureI love my boy but he needs to take a break for himself"
87 upvotes : " Also, Toreba which is straight up gambling."
236 upvotes : " He already has a mature content warning, so what else does xQc want him to do? I doubt he has watched even one of his streams, but sure, let's just assume that Fintan actively promotes gambling to children through a site that is clearly 18+ and that children are his core audience... Thank god xQc only opens lootboxes/cases on stream, because according to him, that isn't gambling in the slightest :)\~ "
23 upvotes : " Agreed, also does ESPN promote gambling by showing the world poker tour on their channel? We could go deep with this if we wanted. Honestly, this just seems like deflection. Nothing the guy said was crazy, it was a completely reasonable take. Even said, if there's a legit reason - then it's fine, life happens, he gets that "
31 upvotes : " What a wrong statement lmao"
186 upvotes : " Isn't this a little rich coming from a guy that sometimes streams that scam Japanese claw machine game & loot box openings?"
152 upvotes : " [Opening CS:GO cases on stream is not promoting gambling though?](https://puu.sh/GnmkF/76397fcbfd.jpg) "
66 upvotes : " Weak as fuck, kinda sad "
30 upvotes : " He does not believe that buying lootboxes is gambling.'
95 upvotes : " xqc is retarded sadge "
6 upvotes : " Says a guy who literally promotes lootboxes to children. "
15 upvotes : " Xqc is such a slime ball "
10 upvotes : " Say the guy who play Toreba on stream "
37 upvotes : " But xqc dont you play toreba? . "
18 upvotes : " He takes donations from children every day tho"
4 upvotes : " Doesn't xQc open Pokemon cards on stream and in youtube videos, also like quite a lot"
=====> Literally all of LSF and Reddit were defending the idea of sponsored online gambling as if their lives depended on it
=====> Literally all of LSF and Reddit used the stupidest arguments "what about pokemon cards, what about lootboxes, what about Toreba, what about CSGO cases" that would get you instant -500 upvotes today when xQc and Train uses those argumets.
Reminder : LSF/Redditor are not pro or anti gambling, they are anti-xQc, that's all.
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Definitely not Monopoly money Clueless
I would love to see what the "I don't gamble with house money" write in their tax declaration. when stake pays them so they can gamble with "their own money", do they declare that as income? Are gambling losses a business expense? Do they just not declare it since they get paid in crypto? Is there some tax loophole so they don't have to pay tax on their sponsorship income? Or do they just pay millions in extra taxes so they can say that it really is their own money?
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You pay taxes the moment you win/are paid in crypto. If you buy crypto and hold it, then yes no taxes until you sell. If you transfer 1 crypto to another crypto that is also a taxable event. IRS going ham on crypto audits last year and this year. It is becoming more of a big deal, and there is no statute of limitations on fraudulent tax returns.
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That is how all investing works, whether it is tesla stock or a meme coin. Until laws are updated, this is how US tax treats crypto. So I rarely trade one crypto for another. I sell eth or bitcoin for usd, take out the tax and pay it like a normal investor.
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Yes. Selling one asset for another triggers capital gains tax based on the cost basis and gain of the traded asset for the new one. So if a person buys btc at a lower price, trades that same BTC for a meme coin while that BTC coin is now in profit, means the person needs to pay that capital gains on the BTC. If there was no capital gain then no tax. Ex. Bought bitcoin, sold for a loss, no tax.
You really just have to not gamble your gains before you pay taxes on them. If you put $1k into BTC then it turns to $10k, you have $9k gains. You don’t get taxed until you trade out of BTC, but whatever you trade to (USD or some other coin), will create a taxable event. So if you move to cash or another coin, just hold back 20-30% of your gain ($1.8-2.7k) in a safe investment (USD because it’s what you’re taxed in, or maybe BTC as it’s the safest* coin) and you should be fine to continue playing with the rest. The issue comes when you take that whole $10k, throw it in a shit coin, then lose it all and still owe $1.8-2.7k in taxes. The same idea would work for stocks. Trading from NVDA to AMD is technically cashing out to USD in between, so you’d get taxed on your gains from the first investment. If you throw all those gains into the second investment and it drops to $0, you still owe taxes on the first one, you just gambled your gains away. * idk if BTC is the safest, just a general point that I’m sure everyone could at least understand even if they don’t 100% agree with BTC’s value
would it officially/legaly matter if he get's paid in crypto or something else? Afaik they look just at the value, so when x is signing a contract worth y, the income would be y - doesn't matter if y is paid out in dollar, euro, bitcoin, or cows and chicken
I guess we know what the juice is 😉
I assume he gets paid lets say 10-20m$ a month, of which some of it gets send either to a bank account or cold storage wallet while the other gets sent to an address from which he uses it to gamble on stream. If you know a little about blockchain analysis and some of the tools you will be able to find everything you want to know. Some hints from me to whoever decides to go to this path: Stake was recently added to a huge blockchain analysis platform where you can see a lot of Stake wallets (ofc not all, cause many are untracked), including inflows/outflows from the known stake wallets. Then lets say you see a streamer put 200k in to gamble, you just go and do: inflow between 100k$ and 1m$ in real money value. If you want to be 100% sure, you can wait until streamer deposits twice or more times and see the bigger picture. For each user Stake has, I think, two wallets, one is "the vault" and the other one is your playing balance (which is always 0$, I'll explain). If you transfer 100k from binance to stake vault, it will be in the vault as 100k, but if you transfer from your vault to balance (to gamble) then it goes to balance (playing balance wallet) and immediately goes to stake controlled wallets. I think I explained it poorly, if someone has some questions I'll answer them
> I assume he gets paid lets say 10-20m$ a month Isn't his contract $70/100m over 2 years? Also no way he's being paid this much money...... only to give the money back to the casino.
There are two contracts, one is Kick and the other one is Stake. The reason I mentioned 10-20m$ is because of two reasons: 1) the amount he bets/gambles (at least 1k per spin, sometimes, 3, 5, 20, 40, 50,70), 2) he said something amongst the line of: both of his contracts being worth 200 something million (if I recall correctly 270m$). >Also no way he's being paid this much money...... only to give the money back to the casino. That's the whole point I'm making, they are giving him a huge amount (for decent amount of hours streamed gamba) of money from which lets 30% goes to somewhere else (cold wallet or bank account) and he uses that money only when he gambles the remaining 70%. Ofc its not this simple as I've made it out to be cause he says he doesnt have to gamble N amount of hours,
Gambling is addictive. It's believable
lmao or his Russian virtual casino just gives him virtual money to gamble with
look, if you mean "virtual" as in "crypto" then yeah, but if you say virtual as in "fake" like it was with the previous casino that some of nelk/adin ross were with then you're wrong because I've seen blockchain transactions between stake and his wallet and its real money
prove he owns that wallet and it's not just another Stake wallet so Stake can just transfer funds from the right hand to the left while making it appear that money is being won or lost
well no. If he is live you can see what he wins and what he loses, so you know what and how much is being sent etc, I can tell you that I had an access to a spreadsheet (and I still do) that tracked his profits/losses from the start (his first gamba stream on twitch up until like 6 months ago). So while streaming that's not possible because he says when he withdraws/deposits etc.. but when he is offline ofc lets say stake owner can transfer him money, but all of that will be displayed as an transactions just like he gets paid or won something. The good thing with this is that xQc is the person that brags a lot, so everytime he would win something, he will show the replay, show the game id etc.. (the fairplay thing) and you would see the money increasing if he sends it to his vault or his wallet. and for proving, I've personally seen him withdraw/deposit over 100 times, but he has also mentioned that someone else has one of his wallets (iirc he was saying his brother had it).. I told you the way to find it, go spend some time and you will be successful. You don't have to wait so he goes online, check his vod, see the time he starts gamba see the inflow to stake and you'll find the wallet.
you have no evidence much less proof that he owns the funds in that wallet
i told you the way to find the evidence yourself, go, do some digging and find it yourself. I was able to examine over 100 times (that's a low number, real would be between 200-300) and prove to myself that he has access to it (literally live sending money etc...), for me it was enough, if you need more, I've explained more than once on how to get the wallet, put in some work and dont expect everything to be served with no commitment.
how braindead does one have to be to watch x lose $500k to $1mil nearly every time he gambles and still choose to gamble, it amazes me
If anything it’s taught me never gamble lol
Yeah xQc is totally scamming the dumb companies!!! Them paying xQc is just losing them money!
They are called gamblers
yeah lmaoo why do mfers still shoot up heroin even after seeing people od lmaoooo just dont do it, don’t they know its bad lmaooo braindead bots
You’re joking- but that’s a legitimate argument as well lmao. If you see someone having a bad time, why join in? Can’t be addicted if you don’t do it.
Because, same as drugs, it doesn’t start as a bad time. That one win when they try just for the lulz might be all the push someone needs to keep buying in. The victims are not playing games of chance against the primordial chaos of the universe. This entire offshore unregulated casino racket is designed hook, line and sinker to capture and fleece as many victims as it can at the moment of exposure and xQc’s streams funnel them right in.
I completely agree with everything you just said, but also, watching someone lose money even after hitting big is pretty telling
No slot has 97% rtp today. 94% is more realistic
I love cluelessly posting garbage without knowing what im talking about
A lot of slots still have 97-98% RTP.
All the slots he play (Pragmatic, Hacksaw etc.) are at an advertised 96-98%+ rtp usually Online slots =/= real life slots
You can literally look up the rtp man. Not all do but I literally was messing around with one that was 97.14 yesterday. Lost 10 dollars rip
Was that 100m contract he signed in USD or Stake coins?
He won it duh, why do you even ask🙄
he isn't hiding that it's an #ad. obviously he gets money to gamble
Yet he always insists its his own money hes gambling.
I think the situation is that it technically is “his” money, but as soon as he stops using “his” money to gamble and tries to just withdraw it he would stop receiving money. So they can say it’s their money and it’s not a lie, but only technically.
it is
Surely he had 75 mil to just lose out right Clueless
Thats alot of his money to gamble and definitely not anyone elses.
It's meaningless to talk about numbers. It's all monopoly money
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In that case, Bruno Mars is the sucker. The casinos are making money directly off his gambling addiction. In the case of xQc, his audience are the suckers. They're the ones paying off Stake to the tune of millions, or perhaps billions.
Sounds bad till you find out Bruno makes 90 mill /year.
Do you think someone who makes 150k a year in 100k debt is in bad or good shape?
That’s not 50 mill loss per year though, just total. Even if it was, netting 40 mill is an amazing position to be in financially.
I too enjoy handwaving away serious topics of discussion.
Not to the people emulating him
Dude sold his soul. All the rest of the gambling promoters like Drake and whoever else too. Promoting something that will statistically directly lead to heartbreak/deaths; ain't enough watches or shiny rocks or wagyu steaks in the world for that kind of depravity/negative karma. Gambling by yourself is a personal choice and if you have some extra cash to blow that you're not going to try and chase if you lose it then sure who gives af. But promoting it/trying to attract people to it is a completely different thing and yeah, no amount of backlash is sufficient. Get that shit out of here.
The quality of his streams also took a massive hit to the point where it’s unwatchable for me. Any time I try giving his streams another chance I just end up constantly raising my eyebrows because of how cringy and out-of-touch he has become.
Tbf the streams were already unwatchable before he ever gambled. His personality just changed over time
Yea true. I think the last xqc streams I truly enjoyed watching was his rust streams on the otv server in the back half of 2020. Then in 2021 he started playing gta rp I think and then eventually he went down the tiktok and gamling route which truly made his streams unwatchable.
Yea GTA RP was deff the start of the end agreed
Gambling and tik tok brain rot, the days of story games and playthroughs are over :(
I think I stopped watching his streams around time amogus became popular. He went on streak of playing mostly online games with a lot of interactions(rust, gta, among us) where he constantly acted like trash towards everyone.
yep exactly
Agreed, remember when he announced he will be streaming on Kick. He said it wasn't for the money but he joined Kick so he can do stuff like watch parties and Kick sponsored "Big" events. Then proceeded to shit on people who said he joined for the gamba money. Turns out it was because of the money.
Is this true? it feels like his viewers eat up anything he outputs but i did notice this about his streams as of late
Especially since many viewers are younger. Utterly disgusting. When multi millionaires feel the need to sell out for blood money, you know it is a sign that society will crumble. Not only that, the moron does not even use the money.
I'm okay with gambling in general. Adults can make their own decisions with their own money. Promoting predatory practices targeting vulnerable groups (like addictive personalities or poor people or CHILDREN) is irredeemable. They know what they are doing, and they are truly evil for continuing to do it.
His streams died the day gambling became his thing, he shattered his community in half and just from an entertainment pov the shit became boring. Sad cause he was responsible for some of the greatest moment ever on twitch, greed destroys.
Who even watches him anymore? Dude fully sold out and doesn't even play real games.
long time viewers who built a habit of watching him trying to squeeze out some last dopamine shots from the bottom of the barrel
As a long time viewer (since 2017) I don’t even know when he goes live anymore.
Except he does? He plays gta rp regularly among other games
He’s simply not entertaining anymore though. While it was fun to watch him somewhere around Among us era when he still had some variety on the table, now it’s all became stale with same shit happening every stream and chat becoming overly obnoxious full of ass zoomer memes. Kick deal would bring some good content he said, when all the “good content” is gambling. Dude washed af
And he's a shit RPer, lol. Mostly just cries when things don't go his way. Dude's been trash since he stopped being that overwatch streamer
People say that about literally every GTA RPer bro your opinion is copy paste as fuck
No they don't, lol. The good RPers avoid xQc because even if they have a valid reason for doing whatever to xQc he still whines, saying they're targeting him or stream sniping or whatever other stupid excuse he says when things don't go his way. He's actually bad. That's why he got banned from nopixel so many times. Then he decided to buy part of it so he can still be shit but not get banned, lol.
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Classic reddit cant tell you how many times I've seen very easily disproven opinions and statements upvoted because of the very clear bias people have. Literally just go look at his VODs you can't tell me this person doesn't just hate XQC without ever actually looking at his content past what's shown to him on here
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It’s almost like he caters his content for an audience he didn’t start with who would’ve thought.
People just hating bc they aint him
30 to 40 thousand people every day? I'm not gonna defend him on gambling because I don't give a fuck but saying "who watches him anymore" when he's still one of the biggest streamers is just retarded. He also plays games literally every stream, this is just hating for no reason and is one of the most upvoted comments lmao
These streamers aren't your friends. If they could sell you crack to enrich themselves some of them would.
>If they could sell you crack to enrich themselves some of them would. Give Adin a year or so.
They will say "well someone is going to sell these viewers crack, might as well be me."
How is it statistically possible for him to gamble that much money and always come out on top unless it’s rigged for him?
"always come out on top" He's literally wasted tens of millions of dollars on these braindead flash games.
He always comes out on top by playing for the House. There is no way in hell he’s lost money on his gambling deals.
My definition of always come out on top means being able to live lavishly with millions and not be homeless with crippling debt.
The 100m gamble contract will help with that for a while. Millionaires with holes in their hands wont stay millionaires forever though
Here's hoping
sponsors,ads,twitch ad money etc he basically has infinite money hack
Dude he’s gambled 2.5 BILLION dollars. Think about that for a second. Then compare this to Bruno fucking Mars who’s 50 MILLION in debt to MGM. XQC has spent over 40x that amount and is in zero debt.
That's the wagered amount. You can bet $100 10 times and walk away with the same $100, but your wager amount will be $1000.
You know thats wagered. That doesnt mean he lost 2.5 billion
And then he gets paid more than the tens of millions he spent by Stake.
he's paid to gamble, it's a net positive for him and negative for his viewers
He does lose money and it's a lot if millions but he gets paid that back, he said on stream that he has even out ad deal with stake so that he doesn't gain money or lose money, they just pay him the negatives to even it out
Clip it or it’s a lie. In truth he said he has 3 accounts 1 he never touches 2 account he barked uses and a small account he uses for gambling
He has never said this at all lol
He literally repeats this everytime someone says he's a shitty person for having a stake deal
>always come out on top Do you actually watch him gamble? He pretty much always loses. Even if he hits a big win like $1m-$2m he just keeps spinning and ends up blowing it all back down to zero.
My point is how he’s been seemingly able to do this every day for years now. It’s not statistically possible and your average Joe couldn’t do this.
I mean yeah, no shit he gets paid by Stake lol that much we know already
xQc isn’t your average joe. He is a 30k+ streamer who streams like 10-20 hours a day. His Kick deal was supposedly $100m and he absolutely gets extra money to gamble with Stake. Plus he did have a lot of money (probably like $10m+) in ETH and BTC which has 4X+ in the last year. Which is what he uses to deposit into Stake. And sadly your average Joe does do this. There are millions of people in the US with gambling addictions. They are not sitting at the computer doing $1000 spins on illegal gambling websites. But they are buying scratch tickets, playing mega millions, going to the physical casino every weekend, and now playing Fan Duel or Draft Kings. *These are all legal and “regulated” service that are being advertised to children btw.*
the "money" he's gambling with is provided by his Russian virtual casino and isn't real
Because with slots returns are probably pretty high so hes probably only lost less than 5% of that. Also he can write off the losses possibly as business expenses but idk how that would be different then writing them off when totalling your yearly gambling earnings(if you made any at all).
He doesn't come out on top (if you're not counting the money Stake gives him anyway). He's losing just like every other gambler. But most other gamblers don't get paid millions a month to offset those losses.
i watched some gamblers like xqc train and never saw anyone come on "top" and it actually influenced me to never gamble in slots again( i still do match betting on sports) The only one ive seen come on "top" is roshtein and he either gambles fake money or probably have some ties with stake for those shit
cause it is rigged.
It's not rigged, the RTP is literally the same as advertised. Also the slots they play on are on their own servers and used by dozen of state-owned websites across the world.
Uh, rigged in where they give him money/feed him back the negatives. Yes, its rigged for XQC.
His apology 3 years ago: [https://www.youtube.com/watch?v=FPGLvOndL5A](https://www.youtube.com/watch?v=FPGLvOndL5A)
This and ''I don't take moral advice from someone who promotes gambling to children'' really does show how this dude dropped into the deep end.
Reminder that when xQc called out sponsored gambling, all of LSF was siding against xQc and was defending online sponsored gambling [https://www.reddit.com/r/LivestreamFail/comments/ij7fbq/xqcow\_calls\_out\_easywithaces/](https://www.reddit.com/r/LivestreamFail/comments/ij7fbq/xqcow_calls_out_easywithaces/) Everyone in that thread is **shitting on xQc, comparing sponsored gambling to cases, saying that he has 18+ in the title, comparing gamba to claw games X plays, comparing pokemon cards and gamba "He takes donations from children", saying that gamba and lootbox in games are the same etc. and using exactly the same excuses xQc/Train uses now .** LSF was literally the biggest pro Gambling and anti xQc force when xQc was in his anti gambling arc. xQc literally a reverse Uno card on LSF.
Lol no one in that thread is defending gambling
Yeah its easy to say that but lets be real everyone would promote gambling if they got paid what xqc did
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Everyone in their current situations would sure but personally if I'm the top streamer on twitch already making millions then na I'm good.
There have definitely been streamers that have turned down similar money. There have been sports figures that have turned down that kind of money for moral reasons too, but most of those people are already quite rich which makes it a lot easier. Definitely not everyone, but most people of course. You could definitely argue that X was already plenty rich enough that he’s a massive scumbag for doing this though.
No they wouldn't. You just mean you would. Every cent you make on a gambling sponsorship is money they will recoup on the people you bring in, otherwise it wouldn't make sense to do the sponsorship. You are almost taking that money from your viewers. I honestly struggle to understand why people need that much money. You want expensive things enough to literally condemn thousands of people to a gambling addiction? Sure it would be nice to not have to work in your life, but you don't need anywhere close to the amounts these guys are earning for that and even then, it's not worth the cost. Your life getting easier should not come at the cost of other people's lives becoming more miserable.
Speak for yourself.
I don't believe you. You browse this subreddit so that makes you morally deficient by default.
You are probably right. Given the choice, I would probably sell my soul to secure hundreds of millions of dollars for my family and future generstions. All that financial security in a legal way with no consequences? It's definitely hard to turn down. I might even publicly deny that I'm an evil scumbag. But I would know that I am inside. I'm sure xqc and friends know that too.
Why does he sound so normal/sober here? This was 2021?? Its almost unnerving how mature his response was. 2021 xqc 😩
Reminder that when xQc called out sponsored gambling, all of LSF was siding against xQc and was defending online sponsored gambling [https://www.reddit.com/r/LivestreamFail/comments/ij7fbq/xqcow\_calls\_out\_easywithaces/](https://www.reddit.com/r/LivestreamFail/comments/ij7fbq/xqcow_calls_out_easywithaces/) Everyone in that thread is **shitting on xQc, comparing sponsored gambling to cases, saying that he has 18+ in the title, comparing gamba to claw games X plays, comparing pokemon cards and gamba "He takes donations from children", saying that gamba and lootbox in games are the same etc. and using exactly the same excuses xQc/Train uses now .** LSF was literally the biggest pro Gambling and anti xQc force when xQc was in his anti gambling arc. xQc literally put a reverse Uno card on LSF
Probably important to add that his opinion has completely changed on the topic. Even if you disagree with it.
i think a lot of peoples opinions would magically change if they were paid millions to promote it to their audience too
He was paid millions when he made that statement also
You don't say
Same way trainwrecks talks about making 25m a month and adin and xqc talking about thesw big deals, none of this money is thier own, all of them are serial wafflers
Am i stupid - he has gambled 2.5 billion?
thats counting for every win and loss, so if he gambles 100k and gets back 110k and gambles that again his total gambled is 210k
Ahhhh that makes sense, I honestly couldn't understand what it meant but knew i must've missed something. Thanks.
People forget that he's also addicted. To feed his addiction, he will take sponsorships since that's only way for his addiction to not have consequences. He's not just doing it for the money I feel like
As an addict, using your own disease as an excuse to spread it to others is fucking disgusting. This shit ruins lives.
It’s kinda wild sometimes people clamor here about addictions while this guy is clearly unhealthy addicted. The math said he’s lost about 75 million dollars to gambling on this website. His brain is probably constantly telling him he HAS to do this because he’s in a huge black hole of losses. It’s just sad really at this point. If I had to guess he is probably majorly depressed in someways and does really need outside help. But I’m assuming he’s pushed a lot of people away that have tried, and he’s left with enablers. And then all the toxic hate of the internet probably pushes his ego to prove everyone wrong. It’s a huge cycle of just awfulness. I mean how empty do you really have to feel to just burn 1000+ per slot spin. I can’t even imagine, 1000 bucks is a lot of money to most people.
There’s no way even a tenth of that money lost or gambled is even his, it’s to feed his content.
There’s no way X thinks this is still good content lol
Ehh I imagine he’s still making decent money, I don’t watch gambling content so it’s hard for me to tell, but he’s consistently in the discussion which means he’s probably getting a decent amount of viewers.
Yeah he’s at the status of streaming where he will never really be able to kill his channel no matter what he does, people will always watch. That’s a lot different than him thinking he’s putting out good content tho, something X has always been very aware of and concerned about before the gambling deal
What content. This shit is trash and he can clearly see people complaining in his community about space bar simulator. That stake contract is clearly massive
I mean you’re right but at the same time iv heard the money he gambles is potential earnings so if he loses it he doesn’t get paid for the sponsor. So losing 75m of potential sponsorship money still probably feels like shit.
You keep using the fake money scale when you say 75million, it was all fake money, notice I never questioned his addiction.
??? I agreed with you and you still want to argue. Fucking redditors man LMAO
lol what, you replied something I didn’t agree with to my comment ON REDDIT. Like if you don’t want to discuss then don’t reply to other peoples comments?
Dude literally almost cried on stream yesterday and said that he gives himself a good cry before every stream https://youtu.be/DD8OaGfzGxo
It's an (obvious) joke because he uses liquid on his eyes at the start of each stream since adderall make his eyes dry
He'll most likely end up broke once his streaming career ends and isn't getting bankrolled to gamble.
he has separate bank accs handled by his managers so it wont
Money changes people. Gets to play with monopoly money while getting paid. Remember when Xqc use to make fun of those Youtubers like Ricegum and FazeBanks who flex their wealth to their audience with watches, Gucci etc. Now he's no different.
So he is betting with monopoly money I'm guessing. I know when people were taking duel bits sponsors they would get a 5,000$ wallet to gamble with.
With average RTP 2.5b$ wagered is "only" a loss of like 75m$. Technically, if you were to give him every benefit of the doubt possible and ignore the fact that he himself said he gets paid, he could have wagered all that completely by himself. 75m$ in 3 years is 25m$ a year. Don't remember the numbers back from the leak, but that's what he made yearly from Twitch anyway, right? Or something in that ball park. Of course he did and does get paid by Stake to gamble, but the amount being wagered isn't why we know that.
**CLIP MIRROR: [3 years after issuing an apology for "hard-exposing" gambling to his viewers, XQC reaches $2.5B gambled on Stake](https://arazu.io/t3_1bguzub/)** --- ^(*This is an automated comment*)
Not like he wasn't loaded before gambling. Dude sold his soul and his audience for extra zeros on his bank account.. for what? extra lambo's and "clout"
I used to think he was just a useful idiot, but over the past year I think he was fully aware of what he’s been doing. It’s even crazier cause he literally had an uncle pass away from gambling addiction but that didn’t stop him at all.
Didn’t adin watch a fan kill himself over gambling addiction?
Dude is set for life. Why not go and enjoy the privilege? Why go out of your way to make the world a worse place than what it was before you? I know I would sleep better knowing I didn't peddle a life altering gambling addiction to kids.
Set for life? He's the type of person who could lose it all.
What does Forsen have to say about this though?
Imagine being a slots hype man for these streams
Gambling fake internet money given to him by stake to promote the website /t Don't gamble kids
You can tell Eddie is literally seething on how he made the worst investment by far. \-$100m and kick has barely any traffic.
It's not the kick traffic they are worried about.
The traffic toward Stake literally doubled since Kick was founded [https://twitter.com/StakeEddie/status/1720354688082797036](https://twitter.com/StakeEddie/status/1720354688082797036) Basically 7 billions in revenue now. If anything, it was one of the their best investment.
For real, people are coping hard. Not to mention that this kind of stuff isn't even meant to pay out instantly, it's a long term thing to get established as a competitor. It's the same reason why Epic was fine running their game store on a loss for years.
Seems like X is gambling most of his paycheck back tho
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Yup. It's the same xqc from 3 years ago and so are the viewers. I watched him back then and sometimes pop into his streams these days, too. You can say he changed from way back when, like 6 years ago, but today he's the same as he was around COVID.
Oh but certainly thats his money…
Xqc and kick clan tried to downplay the kick traffic to gambling tunnel for years, despite being called out by other creators. Not only did they exploit their audiences, but they also made a cult. None of them should have a platform, none.
You can tell by demeanor when he uses real money for anything and when he uses Stake money which he doesn't care about at all.
I wish the whale won.
Still can't get back for his McLaren L
Jesus. Hopefully he accidentally leaks how much has been gambled through people using his code like Train did.
Why would anybody watch that, its boring as fuck
It gets even more "messy" because they even tax the gas fee/miner fee if the fee is paid with the crypto that itself is in profit. That is why most people need to, or should, be using tax software like cointracker who does rhe math for you auto uploads to turbotax.
they probably just have a contract where they don't actually win or lose anything they just get free money to gamble and they get paid for streaming it or people using their codes they'd flex money a lot harder if they had as much money as it looks like they win on gambling between train buddha and xqc, with how seedy these companies are i can only imagine the contracts basically just make everything monopoly money, they make really good money but ain't no way they make enough to justify how much they gamble and blow through on stream every day
Reminder that when xQc called out sponsored gambling by going againts a gambling streamer, all of LSF was siding against xQc and was defending online sponsored gambling, and defending it harder than Trainwrecks or xQc could ever defend gambling : What xQc said in that clip : "I don't take morale advice from people who promote gambling to children" Let's check some of the most upvoted comments : [https://www.reddit.com/r/LivestreamFail/comments/ij7fbq/xqcow\_calls\_out\_easywithaces/](https://www.reddit.com/r/LivestreamFail/comments/ij7fbq/xqcow_calls_out_easywithaces/) 410 upvotes : "But doesn't opening loot boxes count?... He spent a lot on stream for CS boxes. But tbh I didn't watch that live so idk for sureI love my boy but he needs to take a break for himself" 87 upvotes : " Also, Toreba which is straight up gambling." 236 upvotes : " He already has a mature content warning, so what else does xQc want him to do? I doubt he has watched even one of his streams, but sure, let's just assume that Fintan actively promotes gambling to children through a site that is clearly 18+ and that children are his core audience... Thank god xQc only opens lootboxes/cases on stream, because according to him, that isn't gambling in the slightest :)\~ " 23 upvotes : " Agreed, also does ESPN promote gambling by showing the world poker tour on their channel? We could go deep with this if we wanted. Honestly, this just seems like deflection. Nothing the guy said was crazy, it was a completely reasonable take. Even said, if there's a legit reason - then it's fine, life happens, he gets that " 31 upvotes : " What a wrong statement lmao" 186 upvotes : " Isn't this a little rich coming from a guy that sometimes streams that scam Japanese claw machine game & loot box openings?" 152 upvotes : " [Opening CS:GO cases on stream is not promoting gambling though?](https://puu.sh/GnmkF/76397fcbfd.jpg) " 66 upvotes : " Weak as fuck, kinda sad " 30 upvotes : " He does not believe that buying lootboxes is gambling.' 95 upvotes : " xqc is retarded sadge " 6 upvotes : " Says a guy who literally promotes lootboxes to children. " 15 upvotes : " Xqc is such a slime ball " 10 upvotes : " Say the guy who play Toreba on stream " 37 upvotes : " But xqc dont you play toreba? . " 18 upvotes : " He takes donations from children every day tho" 4 upvotes : " Doesn't xQc open Pokemon cards on stream and in youtube videos, also like quite a lot" =====> Literally all of LSF and Reddit were defending the idea of sponsored online gambling as if their lives depended on it =====> Literally all of LSF and Reddit used the stupidest arguments "what about pokemon cards, what about lootboxes, what about Toreba, what about CSGO cases" that would get you instant -500 upvotes today when xQc and Train uses those argumets. Reminder : LSF/Redditor are not pro or anti gambling, they are anti-xQc, that's all.
He’s that one picture of the guy who is mining for diamonds, but he actually made it. I’ll be there for 25 billion.