Online gambling on casinos such as Stake, Roobet and Rollbit seems to start becoming main-stream on the live-streaming platform Twitch in 2021.
After seeing the amounts of money Twitch streamers like TrainwrecksTV are gambling with the question may arise whether streamers gamble with real money.
There is no general answer to the question whether Twitch streamers use fake or real money as every individual streamers has different deals with his partnered-casino.
Due to a rising doubt in the Twitch gambling community towards this topic, several live-streamers such as 'Ayezee' set an example by revealing their Crypto-address which allows viewers to trace their withdrawals and deposits in real time.
xQc's Stake Sponsorship
As you may have noticed, xQc gambles regularly on the Stake casino that has a sponsorship deal with xQc which allows xQc to gamble with real money, even though it may be sponsored.
Because of his high viewership, xQc regularly gets paid real cryptocurrency money for gambling on Stake live. Hence, xQc does not necessarily always deposit money on his own, yet his balance is withdrawable at any time as it is a payment for his sponsorship with Stake.
From what has been visible in many of xQc's livestreams, xQc sometimes deposits money to Stake on his own, which proofs that he doesn't have a locked balance sponsorship like many other streamers on Twitch.
Trainwrecks Stake Deal & Others
Other Twitch streamers, besides xQc, also partially revealed their casino deals. It is known that the streamer Trainwrecks has a similar deal with the Stake casino that pays him real money for gambling on Stake live on stream. Hence, Trainwrecks also gambles with real and withdrawable money.
Many other Twitch streamers on the other hand have deals with limited withdrawal capabilites. If one looks at the balance of streamers such as Greekgox, m0E_tv, Adin Ross, Yassuo etc. get, you can conclude that a part of their money cannot be withdrawn.
These casino deals with limited withdrawal capabilites force the stremers to stream for a certain amount of time, and in the end let them withdraw a portion of the generated profits using the fake balance.
These kinds of casino deals are quite common on livestreaming platforms, and per-se are very common marketing practice.
The problem is, that many Twitch livestreamers do not transparently state whether they are gambling with fake money, which leaves their viewers with a false impression. Additionally, since these streamers do not gamble with their own and real money, they really have nothing to lose, which makes them take above-average risks that would be considered irresponsible.
Twitch Gambling Debate
The mostly mentioned aspect in the Twitch gambling debate is that live-streamers like Trainwrecks introduce gambling to a non-gambling audience.
Many of these streamers get paid to play with huge amounts of money to accordingly achieve big, unrealistic wins and overreact on stream.
These unrealistic wins go viral on the internet and reach an even bigger audience that in the worst case gets the false impression that gambling can be seen as a way to earn money.
Yet when criticizing live-streamers who play on casinos, one has to differenciate between streamers who are getting paid to hit unrealistic wins that go viral, and streamers who genuinely stream gambling their real money, such as the streamer Trainwrecks.
It is a fact that gambling, just as other bad habits, has its up- and downsides but cannot be stereotypically doomed when it comes to streamers like Trainwrecks gambling live on Twitch.
Even though Twitch streamers such as xQc and Trainwrecks gamble with a real-money balance, they present a very unrealistic approach to gambling to a wide audience which may partially start gambling after watching their wins.
Hence, it is conceivable that Twitch will launch some kind of adult-content watch party that only verified individual can watch, similar to their existing Twitch-Prime watch party.