5 Ways to Make Money Playing Online Games

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The gaming industry is projected to be rake in a whopping $300 billion of revenue by the year 2025. That is a big pile of cash and it is no wonder many people are angling to get a piece of it. As kids, we all dreamed of getting paid to play video games. Today’s generations actually have a chance of achieving that dream, in more ways than one. Playing online games can be turned into an income stream. The only catch is that it may take a while to get there. Not many people possess the will or the skills needed to get to that level. If you think you do, here are some ways you can achieve it.

Playing on Tournaments

The most obvious choice to make money playing online games is by participating in tournaments. Developers of games like Fortnite, League of Legends, Call of Duty, and many others organize them regularly. Not so long ago, these were small affairs, played more for prestige than money. Today, their prizes often reach seven figures. For instance, the 2019 Fortnite World Cup had a prize pool of $100 million. The mind-boggling figures given away on these tournaments make every player on the planet jealous of people who get to compete for them. Esports players are slowly, but surely, approaching a level where they will be paid as much as the world’s most famous football or basketball stars. Getting a place on one of the teams is no easy task, though. All that money has made competition incredibly fierce. 

iGaming

One of the reasons people play online slots is that you don’t have to have lighting reflexes or spend years mastering their gaming skills. Despite that, the games are very entertaining and you can earn some serious cash playing them. If you are new to the world of iGaming, don’t worry. There are many excellent casino bonus no deposit offers you can find at various online casinos. These can get you started and help you learn the ropes. After that, all you need is some luck. Modern online slots have RTR (return to player) of more than 96%, so it doesn’t take a lot to start earning money.

Streaming

One key aspect of making money from streaming online video games is that you don’t have to be great at playing them. You don’t even have to be that good, to be honest. Some would argue that the entertainment level for your viewers is in reverse correlation with the skill of the streamer. The logic is simple. The more epic fails, the more audience will have fun. Streamers earn their money from four sources. The first one is donations you can ask your followers to give you. The second is by collecting bits, or tips. The number of subscribers also affects your income, as Twitch will pay you for each of them. Finally, you can get a nice paycheck from ads on your streams. Considering that there is zero investment involved, apart from your time, is a very alluring option.

Make a YouTube Channel

While streaming is very popular, it isn’t the only way to make money from video content. You can start a YouTube channel and fill it online gaming content. You can specialize in just one game, or several of them, it is entirely up to you. Content can be various. You can make tutorials, share tips and tricks, or simply record your gameplay. There is an audience for each type. Unlike streams, YouTube content can be watched at any time. People don’t have to make changes to their schedules to catch a game and can watch at their leisure. Make sure that your content is engaging and entertaining, and your audience will grow. In time, it can become a full-time occupation and a very rewarding one at that.

Write a Blog

Not everyone enjoys watching videos. There are still many people that like to get their information via a written word. That means an online gaming blog can be a viable source of income, managed properly. In general, you have two main income streams you can develop. The first one is ads on your site. Depending on the number of your visitors, they can bring a steady amount of cash each month. The second is affiliate marketing. You can partner up with a gaming-related company and help sell their products. Getting there will take some time. You will need the ability to create quality content and a lot of patience and perseverance. Of course, that pretty much applies to any business you may start.

All said and done, once you start making money from playing online games, that becomes your job. And just like any other job, it has its ups and downs. In the end, you may end up not enjoying all aspects of it. One thing is certain, though. There are plenty of worse ways to make a living, that is for sure.

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About Author

Fiona is a stay at home mum of 3 and a wife to a city banker. In her spare time (when not looking after the kids) she enjoys running, blogging and taking the digs for long walks.