xQc Loses $700,000 Bet on Kamala Harris

Overview

xQc Lost a $700,000 Bet on Kamala Harris winning the election on November 5th, 2024, a day after the streamer publically posted about betting on the Democratic candidate winning the 2024 Presidential Elections on Stake. In a November 4th, 2024 tweet, xQc wrote, "THIS BETTER HIT LMFAO, THE ODDS WERE TOO GOOD," adding, "DONT GET MAD I CANT EVEN VOTE IM CANADIAN." xQc attempted to cash out his bet the day of the election before Trump was officially recognized as the winner, but still lost over $700,000. Memes and jokes about xQc informally campaigning for the Democrats by clearing up disinformation about the Harris campaign after placing his bet began making the rounds in early November 2024.

Background

On November 4th, 2024, xQc posted a tweet^[1] about placing a bet on Stake that Democratic candidate Kamala Harris would win the 2024 U.S. Presidential Election. The streamer claimed that the odds were "too good," with the Stake screenshot showing that he had the potential to make over $1.6 million by betting $700,000.

Also on November 4th, 2024, YouTube^[2] channel xQc Clips posted a video of fellow streamer Destiny confirming that he did indeed bet $700,000 dollars on Harris winning.

Developments

On November 5th, 2024 xQc began countering and correcting tweets posted by @EndWokeness about the election and the Harris campaign, as seen in a tweet where he argues against the idea that Harris faked a phone call, and another tweet where he shares Google's clarification about election-related search results.^[3][4]

News about xQc's bet was posted to /r/LiveStreamFails^[6] by /u/EIMAfterDark on November 5th, 2024. The post gathered over 2,000 upvotes in a day.

Late on November 5th, soon after swing state votes began to indicate that Donald Trump might win the election, xQc attempted to back out of his bet but still lost $700,000. During the early hours of November 6th, xQc posted a YouTube^[5] video captioned, "HOW I LOST $700,000 DOLLARS." The post gathered over 70,000 views in a day.

xQc also appeared unfazed by losing $700,000, saying that losing up to $1 million in online betting is "peanuts" to him.^[10]

Online Reactions

On November 6th, 2024, X^[7] user and stream clipper @FearedBuck posted a clip of xQc trying to cash out his bet, gathering over 58,000 likes in a day.

xQc finds out on stream that Kamala Harris is going to lose the election and tries to cash out his $835,000 bet on her, but unfortunately, he lost $700,000 😭 pic.twitter.com/QD9AX64CqH

— FearBuck (@FearedBuck) November 6, 2024

On November 5th, X^[8] user @Arthium posted a photo of a blonde person wearing a dress, writing, "xQc spotted currently waiting for final election results." The post gathered over 11,000 likes in two days.

On November 6th, X^[9] user @LookAtMyMeat1 posted a screenshot of a news article about xQc's betting loss, writing, "xQc has to be the worst gambler on the planet," and gathering over 10,000 likes in a day.

Search Interest

External References