The Twitch streamer Trainwreck has warned his viewers against engaging in gambling or investing in cryptocurrency. Yet he himself took risks and rejected any interference: After some bad rounds off-stream, he has now lost 2 million USD and is doing what he advises others not to: He is chasing after the money.
This is the situation:
- The Twitch streamer Trainwreck has made a fortune with cryptocurrencies, but is currently on a “gambling trip” on Twitch. A viewer pleaded with him to stop, but Trainwreck brutally brushed him off: He doesn’t let people without money tell him anything.
- While he was gambling on-stream, he warned his viewers against starting gambling or investing in cryptocurrencies. That’s terrible. You can only afford that if you have sponsors or “streamer money.”
- As he now says, he has lost 2 million USD in the last few days and is in a situation where he is chasing after his losses.
The US stars of Twitch are in a gambling frenzy
This is the backstory: After the “gambling trend” in Germany has faded due to new laws and even MontanaBlack and Knossi have distanced themselves from gambling on Twitch, the trend has fully taken hold of the American Twitch for a few weeks now.
The biggest streamer on Twitch, xQc, has shaped the trend and sparked controversy: There are fears that he could infect many young viewers with the gambling virus. xQc himself noticed how susceptible he is to the addiction danger of gambling and vowed to stop.
Pokimane, a sort of “moral authority” on Twitch, and WoW super nerd Asmongold have already demanded that Twitch must take strict action against these streams and ban them.
However, one of the biggest gamers who is now regularly gambling is Trainwreck, and he is not deterred by such requests and appeals.
“Hey, I’m not your mama or your papa”
This is Trainwreck’s stance on gambling: We reported in May that Trainwreck explained to his viewers that he had lost 8 million dollars during the cryptocurrency crash. A viewer pleaded with him to stop gambling. But Trainwreck said he has enough money and does not let anyone dictate what he should or should not do. He forbids any interference in his life – especially from people without money.
Like xQc, Trainwreck has a schizophrenic attitude towards gambling: He warns his viewers never to engage in “gambling” while he himself is gambling on Twitch and emotionally reacting to every win and loss. Viewers should also not invest in cryptocurrencies, even though he likes to boast about how much money he has made with successful investments.
„Any money you bet on crypto or gambling should be considered lost. If you handle the money as if it’s already gone, then hey: I’m not your mama or your papa. But don’t put in money that you need!”
Trainwreck
He told his fans: He is allowed to gamble because he has “streamer money,” but he advises against it for anyone under 30,000 subs and without a hefty sponsor. People should believe him (via dexerto).
Streamer says: He has lost 2 million USD outside of Twitch
This is what Trainwreck says: Despite the advice to only play when you have a sponsor, Trainwreck has apparently been tempted to play off-stream.
As he says in a now-deleted tweet, he lost 2 million USD in the last few days.
Now he is doing what one should always avoid: He is chasing after his losses. He urgently needs to win now, otherwise this “month looks bad.”
Cheering ecstasy in the picture – warning words in the text
This is what it’s about: This is an unpleasant situation brewing. For when you watch the clips and see someone apparently effortlessly earning huge sums in seconds, it encourages imitation.
Trainwreck wins huge sums in popular clips. The many losses are not visible in such clips. However, he warns before such situations:
The mere appeal not to do it, which is not accompanied by any large images, has long been less effective than the streamer’s ecstasy over a big win.
But Trainwreck’s warning is true: streamers with sponsors who do not even gamble with their own money are in a completely different situation than their viewers.
They should not serve as role models.
The counterpart to gambling on Twitch are so-called “Gacha” systems in video games. These are also highly dangerous:
YouTuber spends a lot of money on Genshin Impact to show you how stupid it is
