Rise of Streamers in Online Gambling - page 4.

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Quote from: CuriousGeorge on August 11, 2022, 10:24:47 AM

Quote from: Boristhecat on August 10, 2022, 07:15:41 AM

I saw on the news that the xQc streamer made $686 million worth of bets in three months, but I can not find a reliable source to confirm this news. Have you heard anything about it? If this is true, then in my opinion this is a clear disrespect for his viewers, since it is obvious that all the money from this amount is fake - he clearly could not wage such a huge amount.

is it overall bet from him? I didn't even think if all of money were real money. I don't even believe if a streamer has hundreds millions dollars to be used to bet in the gambling platform. It's obvious a fake money that being used by him. You can imagine how much he was loosing when gambling with such money.

Oftentimes, the money is sponsored but obviously, it is not fake. Over the long period of streaming and getting a commission on the sponsored money, I think he will be able to have a hundred million bankrolls. Remember, as they stream, they got referrals. There is a possibility that they get whales as a referral and be able to get huge money from affiliate commissions.
About xQc winning, I believe, I read that it is from his own money.

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Quote from: Webetcoins on August 11, 2022, 04:29:04 AM

Quote from: abel1337 on August 10, 2022, 01:23:03 PM

Quote from: Tomohisa on August 10, 2022, 01:08:29 PM

The best way to confirm any claims 'I won x amount of money in betting' is to get his tax and income report. If he indeed won $686 million worth of bets, it can be easily cross-checked. I don't know much about this xQc streamer but from a google search, he's a Canadian and they do not have to pay taxes on gambling winnings. This might be hard for you to verify his claim after all.

In that case, It's hard to verify about the winnings he declared. Though it's possible since he said that he has a gambling addiction according to the article I read. Gambling streams is now starting to get popular on twitch and there are some viewers who are telling twitch to stop gambling streams, as for the reason I don't know but maybe it's about the possible gambling influence that this streamers can do on his viewers especially on underaged viewers.

I think tax and income report are a personal matter already and won't be possible to shown in public but on some sites like stake for example, it's possible to request a detailed statistic or report about your gambling activities.

I don't know if what gambling site that streamer play but he can try to request on the site where he play and that's the one he can show to his viewer. Maybe on some gambling sites, your stats are already recorded on your profile. That can work too. He is a streamer so it's not shocking that he can bet an amount like that because the money that he was using was not from his own pocket anyway.

On the article I've read, It's shown xqc is streaming his winnings and the casino he is playing is stake. He voluntarily showed in wager history on his stream after he read an article about his gambling activities. I don't know what game he is playing but his bets number are 600k+ so I guess it's a fast paced game like dice. For me it's nice to see that he is being transparent to his viewers about his gambling records and activities.

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Quote from: kamvreto on August 11, 2022, 12:48:52 PM

Quote from: virasisog on August 11, 2022, 10:34:29 AM

Quote from: CuriousGeorge on August 11, 2022, 10:24:47 AM

Quote from: Boristhecat on August 10, 2022, 07:15:41 AM

I saw on the news that the xQc streamer made $686 million worth of bets in three months, but I can not find a reliable source to confirm this news. Have you heard anything about it? If this is true, then in my opinion this is a clear disrespect for his viewers, since it is obvious that all the money from this amount is fake - he clearly could not wage such a huge amount.

is it overall bet from him? I didn't even think if all of money were real money. I don't even believe if a streamer has hundreds millions dollars to be used to bet in the gambling platform. It's obviously fake money is used by him. You can imagine how much he was losing when gambling with such money.

That could be fake because he's also promoting the site. I guess that's another strategy for that streamer to attract more players. He could also say that he's been continuously winning over the house to impress his viewers and to build up a good impression of the site. Their winnings as well as their records of bets are unreliable.

all can be manipulated as if they always win and get a lot of profit. even though it's just a setting for promotional purposes, because some streamers are indeed one of the ambassadors of a gambling product. can be seen from some of the ads that continue to run. Any betting records are unreliable, I don't think the streamer himself has ever played for real money on a promoted gambling site. he only gets paid for the promotions he does.

It's hard to tell but maybe there are some who also playing with their own money but most of them are pure advertisement and the amount that they using is also comes from the house itself. They are just promoting to bing traffics and to have more views with their channels. Streamers are earning from a different niche that they've used, and they are known to have advertisers, including those big gambling businesses who wanted to have more clients to use their platforms.

And mostly for those new/beginners from this business, they need to use streamers to attract gamers to visit their site and start using their services.

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Quote from: virasisog on August 11, 2022, 10:34:29 AM

Quote from: CuriousGeorge on August 11, 2022, 10:24:47 AM

Quote from: Boristhecat on August 10, 2022, 07:15:41 AM

I saw on the news that the xQc streamer made $686 million worth of bets in three months, but I can not find a reliable source to confirm this news. Have you heard anything about it? If this is true, then in my opinion this is a clear disrespect for his viewers, since it is obvious that all the money from this amount is fake - he clearly could not wage such a huge amount.

is it overall bet from him? I didn't even think if all of money were real money. I don't even believe if a streamer has hundreds millions dollars to be used to bet in the gambling platform. It's obviously fake money is used by him. You can imagine how much he was losing when gambling with such money.

That could be fake because he's also promoting the site. I guess that's another strategy for that streamer to attract more players. He could also say that he's been continuously winning over the house to impress his viewers and to build up a good impression of the site. Their winnings as well as their records of bets are unreliable.

all can be manipulated as if they always win and get a lot of profit. even though it's just a setting for promotional purposes, because some streamers are indeed one of the ambassadors of a gambling product. can be seen from some of the ads that continue to run. Any betting records are unreliable, I don't think the streamer himself has ever played for real money on a promoted gambling site. he only gets paid for the promotions he does.

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Quote from: CuriousGeorge on August 11, 2022, 10:24:47 AM

Quote from: Boristhecat on August 10, 2022, 07:15:41 AM

I saw on the news that the xQc streamer made $686 million worth of bets in three months, but I can not find a reliable source to confirm this news. Have you heard anything about it? If this is true, then in my opinion this is a clear disrespect for his viewers, since it is obvious that all the money from this amount is fake - he clearly could not wage such a huge amount.

is it overall bet from him? I didn't even think if all of money were real money. I don't even believe if a streamer has hundreds millions dollars to be used to bet in the gambling platform. It's obvious a fake money that being used by him. You can imagine how much he was loosing when gambling with such money.

I will add one more question that is he do these bet on only one sites ? If that's the case then I think it's really disrespectful to the viewers. And it is true that this is nothing new now that many YouTubers many gambling review sites are doing fake promotion in exchange of money. And I think something like that happened here .Because it is truly incredible that this amount has been gambled away

virasisog

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Quote from: CuriousGeorge on August 11, 2022, 10:24:47 AM

Quote from: Boristhecat on August 10, 2022, 07:15:41 AM

I saw on the news that the xQc streamer made $686 million worth of bets in three months, but I can not find a reliable source to confirm this news. Have you heard anything about it? If this is true, then in my opinion this is a clear disrespect for his viewers, since it is obvious that all the money from this amount is fake - he clearly could not wage such a huge amount.

is it overall bet from him? I didn't even think if all of money were real money. I don't even believe if a streamer has hundreds millions dollars to be used to bet in the gambling platform. It's obviously fake money is used by him. You can imagine how much he was losing when gambling with such money.

That could be fake because he's also promoting the site. I guess that's another strategy for that streamer to attract more players. He could also say that he's been continuously winning over the house to impress his viewers and to build up a good impression of the site. Their winnings as well as their records of bets are unreliable.

CuriousGeorge

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Quote from: Boristhecat on August 10, 2022, 07:15:41 AM

I saw on the news that the xQc streamer made $686 million worth of bets in three months, but I can not find a reliable source to confirm this news. Have you heard anything about it? If this is true, then in my opinion this is a clear disrespect for his viewers, since it is obvious that all the money from this amount is fake - he clearly could not wage such a huge amount.

is it overall bet from him? I didn't even think if all of money were real money. I don't even believe if a streamer has hundreds millions dollars to be used to bet in the gambling platform. It's obvious a fake money that being used by him. You can imagine how much he was loosing when gambling with such money.

TopT3ns

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Quote from: Webetcoins on August 11, 2022, 04:29:04 AM

I think tax and income report are a personal matter already and won't be possible to shown in public but on some sites like stake for example, it's possible to request a detailed statistic or report about your gambling activities.

I don't know if what gambling site that streamer play but he can try to request on the site where he play and that's the one he can show to his viewer. Maybe on some gambling sites, your stats are already recorded on your profile. That can work too. He is a streamer so it's not shocking that he can bet an amount like that because the money that he was using was not from his own pocket anyway.

Only a few online gambling places implement such a system because the rest don't think about taxes, what they think about as developers is just making gambling places that are easy and friendly to use and fun which ultimately makes them gamblers entertained and happy, because in fact when gambling is already liked by users, they will not think about the amount of bets used.

My advice is to choose a gambling place that is not too complicated with taxes or whatever and has very high security privacy.

Boristhecat

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Quote from: goinmerry on August 10, 2022, 03:26:29 PM

Quote from: Boristhecat on August 10, 2022, 07:15:41 AM

I saw on the news that the xQc streamer made $686 million worth of bets in three months, but I can not find a reliable source to confirm this news. Have you heard anything about it? If this is true, then in my opinion this is a clear disrespect for his viewers, since it is obvious that all the money from this amount is fake - he clearly could not wage such a huge amount.

I'm not aware of that streamer but I don't find that thing disrespecting his viewers. I don't even find it as big deal to think of. It's true that he made that worth of bets "on his content" and that's a fact. Now for the money he used on that purpose, we don't have to actually know if it's came from whatever sources. If he's a clear affiliated to the gambling site he was always showing as a content, then I think his viewers knows already where should the money came from.

And on that stream, even he's not using his own money, the odds of winning are also applies to that streamer. Basically, he is just showing his viewers the content on his experience on that particular session. Viewers don't even care if the money wagered was by the streamer itself or sponsored. That's not the reason why these viewers are watching the content.

You spoke so much on behalf of his viewers as if people don't have different points of view. I don't know this streamer and I don't know his audience, but I think that someone will take this as a dishonest (fake money game). Also, objectively speaking, on what basis can we assume that he (and similar streamers) really has a fair odds? If he has fake money, then why can't he have fake odds?

RealMalatesta

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Quote from: Boristhecat on August 10, 2022, 07:15:41 AM

I saw on the news that the xQc streamer made $686 million worth of bets in three months, but I can not find a reliable source to confirm this news. Have you heard anything about it? If this is true, then in my opinion this is a clear disrespect for his viewers, since it is obvious that all the money from this amount is fake - he clearly could not wage such a huge amount.

https://clips.twitch.tv/HeadstrongModernMartenPJSalt-7X2eG1SgCuLkUIN_

You can check it from here. He says that he wagered that much, but also we do not know when he wagered it, so that means it could have been back when bitcoin was 1k, which is still a lot of course I am not denying that but he could have done that, I do not know when Stake started but he could have started on early days and wagered a lot as well during those days when bitcoin was cheap.

All in all I believe that he wagered way too much, and that's the proof, maybe he is using someone else's account, who knows? But I prefer to believe him because if he is super rich, then wagering that much seems possible, not "losing" is the important word here, he didn't lose that much, he wagered that much.

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Quote from: abel1337 on August 10, 2022, 01:23:03 PM

Quote from: Tomohisa on August 10, 2022, 01:08:29 PM

The best way to confirm any claims 'I won x amount of money in betting' is to get his tax and income report. If he indeed won $686 million worth of bets, it can be easily cross-checked. I don't know much about this xQc streamer but from a google search, he's a Canadian and they do not have to pay taxes on gambling winnings. This might be hard for you to verify his claim after all.

In that case, It's hard to verify about the winnings he declared. Though it's possible since he said that he has a gambling addiction according to the article I read. Gambling streams is now starting to get popular on twitch and there are some viewers who are telling twitch to stop gambling streams, as for the reason I don't know but maybe it's about the possible gambling influence that this streamers can do on his viewers especially on underaged viewers.

I think tax and income report are a personal matter already and won't be possible to shown in public but on some sites like stake for example, it's possible to request a detailed statistic or report about your gambling activities.

I don't know if what gambling site that streamer play but he can try to request on the site where he play and that's the one he can show to his viewer. Maybe on some gambling sites, your stats are already recorded on your profile. That can work too. He is a streamer so it's not shocking that he can bet an amount like that because the money that he was using was not from his own pocket anyway.

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Quote from: Tomohisa on August 10, 2022, 01:08:29 PM

Quote from: Boristhecat on August 10, 2022, 07:15:41 AM

I saw on the news that the xQc streamer made $686 million worth of bets in three months, but I can not find a reliable source to confirm this news. Have you heard anything about it? If this is true, then in my opinion this is a clear disrespect for his viewers, since it is obvious that all the money from this amount is fake - he clearly could not wage such a huge amount.

The best way to confirm any claims 'I won x amount of money in betting' is to get his tax and income report. If he indeed won $686 million worth of bets, it can be easily cross-checked. I don't know much about this xQc streamer but from a google search, he's a Canadian and they do not have to pay taxes on gambling winnings. This might be hard for you to verify his claim after all.

Pointless and who are you for him to grant such request unless if there would be some majority query of his viewers telling him on showing up some proofs that he had really used his own money.

If we do base up those numbers then it cant really be just easily to believe that someone who do make out streams and wager or earn millions of dollars seems really that impossible

and turns out to be that an obvious thing that this was a fake funds or solely been funded by the casino itself and just to make look that they are using real money.

goinmerry

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Quote from: Boristhecat on August 10, 2022, 07:15:41 AM

I saw on the news that the xQc streamer made $686 million worth of bets in three months, but I can not find a reliable source to confirm this news. Have you heard anything about it? If this is true, then in my opinion this is a clear disrespect for his viewers, since it is obvious that all the money from this amount is fake - he clearly could not wage such a huge amount.

I'm not aware of that streamer but I don't find that thing disrespecting his viewers. I don't even find it as big deal to think of. It's true that he made that worth of bets "on his content" and that's a fact. Now for the money he used on that purpose, we don't have to actually know if it's came from whatever sources. If he's a clear affiliated to the gambling site he was always showing as a content, then I think his viewers knows already where should the money came from.

And on that stream, even he's not using his own money, the odds of winning are also applies to that streamer. Basically, he is just showing his viewers the content on his experience on that particular session. Viewers don't even care if the money wagered was by the streamer itself or sponsored. That's not the reason why these viewers are watching the content.

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Quote from: Coin_trader on July 28, 2022, 08:58:19 AM

I’ve been watching many streamers on twitch and youtube for more than a years. I always craved to play gambling everytime I watch them winning huge amount. I find there video streaming very encouraging most of the time because I feel like I can win too everytime they are winning.

We all know that Drake is the most famous streamer on this industry but before Drake, There’s a lot pf streamer that is popular on the slot category on twitch. I prepared some data below on how much viewers interested on gambling streams compared to typical online games streams.

As you notice in the chart, Slots Channel got more viewers than other famous games such as Fortnite and CS:GO. This starts during pandemic which many streamers shift from online gaming to the onlime gambling category.

Many famous Casino is now doing partnership on different streamers. So in conclusion, Streamers contributes a lot on the increase of popularity of online gambling.

Chart Source: Twitchtracker.com

It's pretty crazy that slots has made it's way up into such a high position and I wonder if Twitch is actually getting a bit of money on the side to allow it, as they are effectively advertising gambling products - plus they are able to make up any sort of viewer levels that they want without any scrutiny. Online casinos can make huge amounts of money and I'm sure plenty of them would be happy to channel some of that to Twitch to get access to their prime younger audience of viewers. Either way it's maybe slightly irresponsible of them, because there are a lot of younger children who watch all of the other games and could stumble on to these habit forming games.

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Quote from: noormcs5 on August 10, 2022, 01:21:35 PM

Quote from: Boristhecat on August 10, 2022, 07:15:41 AM

I saw on the news that the xQc streamer made $686 million worth of bets in three months, but I can not find a reliable source to confirm this news. Have you heard anything about it? If this is true, then in my opinion this is a clear disrespect for his viewers, since it is obvious that all the money from this amount is fake - he clearly could not wage such a huge amount.

Guessing by his name xQc streamer , it seems that he is a streamer so he must have uploaded his video of proof somewhere online. You can check it from his channel or give his streaming channel link here and we may also investigate if it's true news.

$686 million worth of bets is a big number and that too in only three months is hard to believe. Sometimes streamers do spread such clickbait news to gain attention.

I made a quick search on the internet.
Considering that last year there was a major leak on Twitch which revealed the payouts of their streamers and the source code of the platform as well, I assume it would have been easier for Internet detectives to approximate this guys's net worth having this information on hand.

Info: https://www.videogameschronicle.com/news/the-entirety-of-twitch-has-reportedly-been-leaked/

Keeping this in mind, and looking for his net worth as 2022, multiple sources place it on about 9 million - 12 million. If this is true then we could assume those bets were frictional, sponsored or something similar.

You can see an example of the payouts leaked here: https://twitter.com/KnowS0mething/status/1445663228831297545

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Quote from: Tomohisa on August 10, 2022, 01:08:29 PM

Quote from: Boristhecat on August 10, 2022, 07:15:41 AM

I saw on the news that the xQc streamer made $686 million worth of bets in three months, but I can not find a reliable source to confirm this news. Have you heard anything about it? If this is true, then in my opinion this is a clear disrespect for his viewers, since it is obvious that all the money from this amount is fake - he clearly could not wage such a huge amount.

The best way to confirm any claims 'I won x amount of money in betting' is to get his tax and income report. If he indeed won $686 million worth of bets, it can be easily cross-checked. I don't know much about this xQc streamer but from a google search, he's a Canadian and they do not have to pay taxes on gambling winnings. This might be hard for you to verify his claim after all.

In that case, It's hard to verify about the winnings he declared. Though it's possible since he said that he has a gambling addiction according to the article I read. Gambling streams is now starting to get popular on twitch and there are some viewers who are telling twitch to stop gambling streams, as for the reason I don't know but maybe it's about the possible gambling influence that this streamers can do on his viewers especially on underaged viewers.

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Quote from: Boristhecat on August 10, 2022, 07:15:41 AM

I saw on the news that the xQc streamer made $686 million worth of bets in three months, but I can not find a reliable source to confirm this news. Have you heard anything about it? If this is true, then in my opinion this is a clear disrespect for his viewers, since it is obvious that all the money from this amount is fake - he clearly could not wage such a huge amount.

Guessing by his name xQc streamer , it seems that he is a streamer so he must have uploaded his video of proof somewhere online. You can check it from his channel or give his streaming channel link here and we may also investigate if it's true news.

$686 million worth of bets is a big number and that too in only three months is hard to believe. Sometimes streamers do spread such clickbait news to gain attention.

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Quote from: Boristhecat on August 10, 2022, 07:15:41 AM

I saw on the news that the xQc streamer made $686 million worth of bets in three months, but I can not find a reliable source to confirm this news. Have you heard anything about it? If this is true, then in my opinion this is a clear disrespect for his viewers, since it is obvious that all the money from this amount is fake - he clearly could not wage such a huge amount.

The best way to confirm any claims 'I won x amount of money in betting' is to get his tax and income report. If he indeed won $686 million worth of bets, it can be easily cross-checked. I don't know much about this xQc streamer but from a google search, he's a Canadian and they do not have to pay taxes on gambling winnings. This might be hard for you to verify his claim after all.

Boristhecat

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I saw on the news that the xQc streamer made $686 million worth of bets in three months, but I can not find a reliable source to confirm this news. Have you heard anything about it? If this is true, then in my opinion this is a clear disrespect for his viewers, since it is obvious that all the money from this amount is fake - he clearly could not wage such a huge amount.

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Quote from: Pamadar on August 10, 2022, 03:45:55 AM

If you feel that way, it would be easy for you to get encouraged and play the slot too. Streamers who know how to play

with their audiences are gaining interest and possibly lead the viewers to play along with them,
and that's the time casino owners will interact and ask for streamers advertisement, they will gain
money from both sides, streamers will receive a good paycheck and casinos will earn clients that
will play using their platforms.

well I think so. I'm quite skeptical for streamers, most of them are pure professionals who are doing promotions.
I don't think it's much different from streamers on other channels, there are many streamers like on social media or YT, although I'm not saying for all streamers.
however, the streamers act professionally to attract large audiences with various tips and tricks in their slot games. I think they do it purely for entertainment because they won't lose any money. as you said, they will get money from both sides.
well, even so I think there is nothing wrong if someone wants to make streaming as a profession.

Topic: Rise of Streamers in Online Gambling - page 4. (Read 2428 times)