Twitch gambling streamer Xposed bets insane amount of money on Call of Duty League match and loses it all
Twitch streamer Cody "Xposed" Burnett recently bet a whopping $450,000 on a Call of Duty League match between Optic Texas and Los Angeles Thieves. Unfortunately for him, he lost it all after Optic Texas were defeated 0-3.
Sponsored by contentious crypto gambling website Stake, the Canadian has been a dedicated slots streamer for quite some time now. He regularly pulls in an average viewership of around 2K.
Before the Call of Duty League match, the streamer posted a screenshot of the bet, along with the caption:
Sponsored streamers gamble huge amounts of money each day, winning or losing thousands or even millions. In reality, most of the losses are offset by the sponsors. This means the streamers don't really lose that much.
Xposed is a relevant example. In a subsequent tweet, the content creator clarified that only 30% of the money he wagered was his own, with the rest being Stake's:
Losing $135K is still no joke, especially in the eyes of the younger generation of viewers who are the target audience for streaming platforms like Twitch.
Xposed did warn his Twitter followers about the dangers of gambling in a subsequent post, saying:
The streamer also placed a bet on Optic's next match, held on August 7. This time, he wagered $98K. His team ultimately won, which means he got a favorable payout.
Gambling is becoming a hot topic in the streaming community. There is a general concern that large sponsored bets on Twitch might influence viewers to engage in gambling themselves.
A lot of people have condemned the platform for providing unfiltered access to gambling, with thousands of viewers watching their often sponsored streams.
A recent Bloomberg report on Twitch gambling found that sponsored streams by popular stars have had a
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