Streamer xQc Reflects on $700K Loss in 2024 Election Bet
Popular video game streamer Felix ‘xQc’ Lengyel recently expressed a nonchalant attitude after losing an astonishing $700,000 bet on Democratic candidate Kamala Harris for the upcoming 2024 U.S. presidential election. Despite the significant financial blow, he seemed more amused than distressed about his gamble.
Election Results and Streaming Experience
The highly anticipated Election Day has concluded, with projections indicating that former President Donald Trump is set to reclaim the presidency, defeating Harris. Like many of his fellow content creators, xQc engaged with his audience as the election results unfolded live on November 5, but it was evident that his enthusiasm waned as it became clear that Trump was gaining momentum.
Betting Background
On the previous day, fellow streamer Destiny disclosed that xQc had placed a hefty wager of $700,000 in favor of Harris, apparently after soliciting Destiny’s opinion on who might win the presidency. As the night progressed and the votes began to sway towards Trump, xQc took to gambling platform Stake to cash out his bets, much to the amusement of his viewers who flooded the chat with jokes at his expense.
Facing Defeat with Humor
In spite of his financial misfortune, xQc chose to embrace the moment, reflecting on his loss in a group call with other streamers, including Trainwreck, all while Simon and Garfunkel’s “The Sound of Silence”played in the background. “Chat, sometimes losing is admitting defeat,” he admitted to his audience. “And I’m f*cking admitting defeat.”
Addressing Viewer Critiques
Throughout the broadcast, xQc addressed the critical comments from viewers who were mocking his substantial losses. He mentioned that he’s accustomed to losing large sums while gambling, downplaying the significance of the $700K loss. “Guys, I lose between like $350, $400K, to like a million a day,” he explained. “And you’re gonna talk sh*t about $700K? Brother. Peanuts stuck in the f*ckin’ sofa, brother.”
xQc’s Financial Footprint
xQc’s financial status is evidently robust. Earlier in 2023, he secured a non-exclusive deal with the platform Kick worth $100 million, alongside flashy purchases such as a $500,000 AP watch and high-end sports cars. Moreover, this $700K loss pales in comparison to his overall gambling expenses; he disclosed on Logan Paul’s IMPAULSIVE podcast that his total losses may approach $100 million.
Conclusion
“I’m a diligent gambler; the stakes are high, okay? But I’m dumb, okay, so yeah, I gamble a lot,” xQc candidly shared. His journey illustrates not only the volatile nature of high-stakes gambling but also the resilience and humor that define his streaming persona.
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