Casino streamer: How widespread is “counterfeit money streaming"?

Many casino streamers do not have a good reputation. They are often criticised for their streams, especially since they attract young people to online casinos through their streams. Besides this, games of chance streamers are always being accused of not playing with their own money. But how widespread is the so-called “counterfeit money streaming” and how can one recognise that a streamer is not playing with real money?

In the past we have often reported on GambleJoe about casino streamers. Recently in mid-March we had reported that xRohat is criticising the high renumeration of streamers. Online casinos are offering the streams unrealistic amounts of money if they gamble at a particular provider and encourage their viewers to play there for real money. This procedure is not only morally debatable, but it also encourages problematic gambling behaviour, especially when it comes to young people. Besides this the casino streamers are once again failing to protect the youths.

“Counterfeit money streaming” – what is that actually?

We speak of “counterfeit money streaming” when a casino streamer leads his community to believe that he is playing or gambling with his own money. However, in reality the streamer is receiving the money for the online slots from the casino or from a third party. The player has most often previously had the gambling money transferred to his user account. In this case one can thus say that the streamer is deceiving the viewers who are being given the impression that the streamer is gambling high amounts of money which belong to him. Instead, it is the case that the yielded profits have no real value. 

For example, in the past the well-known casino streamer Roshtein was accused of playing with counterfeit money. Besides this, he is also being accused of the so-called view-botting. The aim of the steamers here is to give the number of viewers an artificial boost. The real viewers are shown a fictitious number of viewers so that they might mistakenly assume that the streamer is really popular.

Both “counterfeit streaming” and view-botting are widespread practices in the streamer circles. Besides Rohstein, there are several other casino streamers who are regularly accused of such practices. However, such fraudulent practices are rarely proved. A few weeks ago in an article we had raised the question whether Kick.com is faking the number of viewers on the casino streams.

How can one recognise the fraudulent practises of casino streams?

As we have already mentioned, it is not an easy feat to realise that some casino streamers are defrauding us. As a critical viewer one should take note of the details in the stream. For example, it is interesting to note whether a casino streamer has provided a detailed insight in the deposits and disbursements of the respective online casino. If no insight is given, this is a first indication that the streamer is playing under “special conditions”, i.e., for example with bonus credit or gambling money. Ideally the streamers should show their account statement as proof of deposits or disbursements. However, in most cases this does not actually happen. In a somewhat older fact check from the year 2020 we had discussed on GambleJoe, whether casino streamers always win in the online casino.

Conclusion

The “counterfeit money streaming” is a lucrative business both for the casino streamers and also for the online casinos. The gambling providers suffer no losses because they provide the streamers with gambling money, and they generally transfer an attractive amount of money to the streamers. This money is then at their disposal, and they must not necessarily use it to gamble. We assume that “counterfeit money streaming” is widespread in the industry. Unfortunately, it is hardly possible to see through such sponsoring deals and to get to know if the money being gambled is the streamer’s personal money. At the end of the day the loser is the gullible viewer who is attracted by the dishonest streamer to the online casino and maybe he will also start gambling with real money amounts here.

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