Gambling streams are one of the hottest topics on Twitch right now, with popular streamer xQc currently embroiled in even more controversy with its fans over its return to gambling.
However, Trainwreck, whose real name is Tyler Niknam, revealed over the weekend that he has raised $10 million (£7.95 million) in donations to fans, charities and other causes since he began his gambling career in 2005.
Niknam is known for its increasingly lengthy, highly risky gambling streams that earn him millions every day no matter how much he wins or loses. This is due to his contract with Stake, an online betting site that is at the center of the current controversy for allegedly giving money to streamers, including xQc, so in many cases they don’t actually gamble with their own money.
Trainwreck’s donations have been known to wreak havoc on Twitch itself, as it gave away $1million (£0.79million) last year, with 27,000 people trying to get a piece of the pie. He has also set up his own $250,000 (£199,000) mental health fund to help viewers.
On Twitch, Trainwreck has also donated life-changing amounts of money to small streamers and last year gave away $120,000 worth of bitcoin to streamer Jake’n’Bake to help him buy his dream car.
Trainwreck is able to keep up his donations despite spending thousands upon thousands of dollars on each stream, as he hopes for another big payment and the adrenaline rush that comes with it.
His regular streams emphasize that viewers shouldn’t gamble themselves, and his openness about his addiction is usually followed by stories about how much he’s lost over the years.
In January he claimed to be $12m (£9.5m) in the hole, which is still considerably less than the $22m (£17.5m) he had previously lost.
Whether or not he’s still that far down is up for debate, as he’s now making “far more” than the original $1 million-a-month contract he signed with Stake around this time last year.
Another streamer, Mizkif, mentioned in now-deleted clips from a stream last year that he was being offered $35,000 an hour to play.
xQc recently claimed that its referral code alone has generated $119 million (£94.5 million) in bets since its launch.
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