If you love gaming, being able to make money by playing online games, would probably be a dream job for you.
Well, there is good news and there is bad news. The bad news is that many people are trying to achieve just that, so the competition is tough. But the good news is that there is more than one way to make money by playing online games.
Let’s go through a few of them:
Streaming on Twitch
One of the more obvious ways to make money as a gamer is through streaming. These days most streamers start on Twitch. The trick is to be able to gain popularity while at the same time producing a lot of material and maintaining a community.
This platform is on a big rise at the moment. Twitch has more than 3.3 million broadcasters per month, which is an increase of 63.5% compared to the last year. At any moment in time there are never less than 1.1 million viewers on Twitch, and every month 48 billion minutes of broadcasts are watched.
The three main ways you can make money on Twitch are: subscriptions (a subscriber can pay between $4.99 and $24.99 per month to support your channel), receiving “bits” (which are bought on Twitch and given to you as a sign of support) and by playing ads during streams.
In addition to that, you can also receive direct donations (through PayPal, DonorBox, or PeachPay) or sell merchandise.
At the moment, the top earners on Twitch are:
Richard Blevins – Ninja is a professional gamer who earns no less than $500,000 per month just from his 50,000 subscribers. Ninja has 14.7 million followers and earns $5.4 million per year.
Like all popular streamers, he takes his job very seriously and streams five days per week.
Timothy John Bater – TimTheTatman, has 4.04 million followers and earns $2.7 million annually. Out of that, he makes $1.8 on sponsors alone (Monster Energy, Razer, Cyber Power PC, Audio-Technica…), and the rest of his income comes mostly from ads.
Tim is even more dedicated to his job and streams 6 days per week – every day except Sunday.
Got his fame by playing Fortnite and as a regular Ninja’s partner, and at the moment, DrLupo earns $1.9 million per year and has 3.2 million followers, with 10,000 viewers per week, on average.
All three streamers we mentioned play a lot of Fortnite. DrLupo also specializes in PUBG and Tim also likes Counter-Strike, Overwatch, and World of Warcraft.
Competing in eSports
Another popular way to make money playing games is by participating in professional eSports tournaments.
Professional eSports competitors can make an average of $27,000 per month (or $332K per year). In addition to that, you can get sponsorships and partnerships with brands. But, it is important to note that, like with streamers, this job also requires a lot of discipline and dedication.
There are many different games that you can compete in. Some of the most popular and lucrative are:
The sequel to Defense of Ancients is one of the most complex games in the world of eSports. It requires a lot of effort to master. This also means that the top players such as Jonathan Berg often win sums around $1 million, together with their teams.
Annually around $28 million is awarded in prize money to Dota 2 professional players.
League of Legends
This 2009 game inspired by a custom map for Warcraft III is often cited as the world’s largest eSport. League of Legends has an international competitive scene composed of 12 leagues!
After Dota 2, this is where players make the biggest amounts of money, with nearly $20 million awarded annually in prize money. The 2014 championship had one of the biggest prize pools ever – $2.3 million.
Playing Casino Games
If you are a gamer and would like to make money by playing games online, you can also consider something a bit different, but very related to the world of gaming.
Many casino games can provide a bit of an extra income to you, like Slots, Blackjack, or Roulette. But the one that probably gives you the best opportunity of having a sustainable income is Poker.
Like with gaming, playing Poker also involves a lot of dedication and skill, as well as competing in tournaments. And one of the biggest names in poker today and a role model of many is surely Daniel Negreanu with his net worth of around $50 million.
If you want to consider this as an option, you should dedicate some time to studying it thoroughly. Probably the best way to learn everything about casino games’ odds, rules, strategies, bonuses, promotions, and other important details is to consult a casino blog. Everything else is like with other games – practice and commitment.
As you can see there are many ways to make money by playing online games. If the options we mentioned sound too ambitious to you, don’t worry. You can also consider jobs like testing games, coaching professional gamers, or reviewing games.
But remember, as with streaming and eSports, all professional options require work and patience. But who wouldn’t want to be able to make money doing what they love?