4 Ways to Make Money Playing Video Games
Yuriy Sheremet![4 Ways to Make Money Playing Video Games 4 Ways to Make Money Playing Video Games](/_next/image?url=https%3A%2F%2Fegamersworld.com%2Fuploads%2Fblog%2F1613405242393.jpg&w=1920&q=75)
The domain of video games is one of the fastest-growing industries in the world. With many millions of new players getting in on the action every year and billions continuing to play some kind of a video game, this space has a massive following. It was estimated that in 2020, somewhere around 2.7 billion individuals were playing some kind of a game. That means that in the not-so-distant future, half of humanity will be a gamer of some kind. Thanks to this, the same industry is creating a massive profit for its development studios and investors. Yet, the business ecosystem around games is infinitely larger than just the companies and teams that create the actual games. Instead, millions of people make money, even millions of USD per month, doing nothing more than playing the same games. That option is naturally appealing to a lot of people, but most believe that it is something they personally could never do. That, however, is not true, because practically anyone can start making money through the same process. Here is the list of the top 4 ways how anyone can make money by playing video games.
1. Become a PRO Player
This might be a dream for many young gamers, but the truth is that some of them really do strike it big by becoming professional video game athletes. Today, that process mirrors almost completely that of a regular athlete in any traditional sports field. In other words, that means that these pro gamers start to compete on a professional level and enter a team that pays them a salary. The same salary is the baseline earnings mechanism. This can be a predefined sum running from the very minimum of only several hundred USD per month, but it can go up to hundreds of thousands or even millions of USD. Then, there are the tournaments, which come with their own prize money. Prize pools are usually distributed across the top winning teams, where the first ranked team gets the most money, followed by the second and third teams. Often, the other teams also get something as well, but these are small fractions of the same pool. It goes without saying that the top-ranked team across several tournaments will generate a lot of money.
A big part of these wins will go to them directly as a form of a bonus payment. For example, in 2019, Dota 2, a big MOBA title, paid out in its international tournaments precisely 34.3 million USD in 2019. That money went to 18 teams with a sum of 90 players. Many other games are pulling even more cash for their tournaments. Lastly, pro players are earning good money thanks to sponsorships. Somewhere around 90 percent of esports team revenue comes from their sponsors. Professional players will rake in money both from direct sponsorship deals and through the sponsorships of their home teams. In both cases, the amount of money they get will easily be equal to that of their salary or their tournament wins, especially if they are not at the top of a particular league or if they have not won many tournaments. Instead, sponsorships and salaries offer a constant stream of funds. However, the competition is fierce - only about 0.1 percent of top players ever turn pro.
2. Become a Streamer on Twitch and Youtube
Parallel to the rise and expansion of gaming came also the rise of gaming content creation. This includes individuals playing games and either recording that as videos to be published later or as live streams on platforms like Twitch or YouTube. Because of the popularity of games, there are millions of individuals who enjoy watching gaming content as a form of leisure time. Anyone can make it in that domain as long as they can present either very high skills in a particular game, game series, or a genre - like first person shooters, for example - or if they are incredibly entertaining. That can include a comical approach to content, doing challenges, or anything similar that gives a fresh new perspective to a game. Of course, there is a huge number of people doing the same right now so that might not be an easy way to generate a lot of money from gaming.
Instead, a person has to have a very well-defined strategy of knowing how Twitch and YouTube work and also committing time and effort into making even-better content. Also, anyone who wants to create successful content has to invest money into equipment. That includes a good internet connection, a solid gaming computer, as well as audio and video gear like a camera, microphones, and so forth. But, those who do make it will see the money start rolling in just as they become more and more popular with their audience. Of course, it takes a lot of time for that to happen. On average, content creators work for at least two years before getting any more. Around 90 percent of content creators never get earnings at all.
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3. Become a Comentar
Inside of content creation and live streaming, there is also a growing niche - becoming a video game competition commentator. This is a person who knows a title and the esports domain around it well so that they can provide running commentary much like a regular sports commentator. However, a person who wants to do this for a solid paycheck first has to have great diction. Then, they need to be willing to do a lot of searching before they land a steady job. Right now, there are not enough studios that provide these work openings, so the competition is high. However, those who do make it can expect a steady career in this domain that will last for years, if not longer.
4. Become a booster
Finally, there is the fastest-expanding field in the wider gaming ecosystem that can allow people to earn serious money - becoming a professional video gaming booster. Working online, these individuals earn between 500 USD and up to 3000 USD per month. Their role includes taking over gaming accounts from other players and achieving some kind of success in their name. That can include anything from boosting PvP stats to attaining special cosmetic elements like skins, for example. To do this, people interested need to be knowledgeable in a game and have a good skill set there, but they do not have to be on par with professional players. Instead, even a solid experience in a particular title will be sufficient.
This work includes playing games from home without the need to come to any office and it is a very easy service industry to start in. Thanks to companies like NextLVL, there are plenty of opportunities for boosting professional openings. For example, players who are skilled in Call of Duty: Black Ops Cold War can help clients with cod cold war boosting services things like camo boost service, rank boost service, or Warzone wins boosting. That is why CoD Cold War boosting services are so popular on NextLVL. But, there are also a huge number of other games and services available. In fact, if you are good at any popular game title like Call of Duty, Dota 2, Apex Legends, Valorant, League of Legends and others, you can start earning real money by working at boosting service websites.
Conclusion
Earning money from gaming is by no means impossible. Instead, the modern environment provides more and more these chances for everyone, regardless of their skill or background. Because of that, and because the same growth will continue, joining millions who already make great money from gaming is a possibility for anyone out there!
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Yuriy Sheremet – Expert in mobile gaming and esports among shooters and MOBA games.
At EGamersWorld, Yuriy, as in 2020 when he joined the portal, works with content, albeit with adjustments to his area of responsibility.