Is it possible to make money by playing video games? Yes, there are people; especially the teens make money by doing what they love. Here is how to make money by playing video games.
How to make money by playing video games – The 5 popular methods
- Live stream your games to build an audience on YouTube Gaming or Twitch. You can monetize this audience by ads, subscriptions, and donations.
- Play in tournaments, to make money by playing video games. You can get sponsorships or win pool prizes to make money. Latest 2019 IEM XIII 1st place price was $500,000 which was won by a five-player Danish team.
- Create video gaming tutorials on YouTube, Blogs, and e-books for newbies. You can monetize the first two with ads and the third through sales.
- Create a podcast or a YouTube channel. Interview high profile gamers or share your opinions about video games.
- Become a video games test player to make money by playing video games. Game developers usually hire outsiders to test their new games and document or report bugs and other issues.
Related: How to make money online for FREE
How difficult to make money by playing video games?
It may be a bit harder than you think, to make money by playing video games. For example, if you want to make money from the videos on YouTube, you need at least 1000 subscribers and 4000 annual watch hours.
Trust me; it is not easy to get 4000 watch hours with a highly competitive segment. But, it is not impossible. The only thing is that you need to treat it as a business. Every business needs a USP (or, Unique Selling Proposition). A USP makes a business to stand above the competitors.
So, you need a USP for your video gaming channel, podcast or website. It can be your talent or humor.
Bonus tip: Humor plays a big role to create engagement on the Internet.
If you decide to go for streaming, YouTube channels, podcasting or blogs, you need the diligence to create quality content.
Also, if you go for podcasting, you need to have excellent personal skills and an excellent voice to interview people.
Winning tournaments to make money from video games is not easy too. You can get knocked out early. Sometimes, the small prizes won’t even cover your traveling and accommodation costs.
How to overcome the above difficulties and make money by playing video games?
Well, honestly no one can help you with your gaming skills. Obviously, you need to develop your gaming skills to make money by playing video games.
But, I think I can help you with the other ways of making money by playing video games. For example, if you decide to write a blog for gaming tutorials, other than your passion for video games, you need to understand how to rank your website on google and how to get traffic to your website.
If you start making money by playing video games, don’t just treat that as a hobby. Treat it more like a business. This will help you to rise above your competitors.
These simple tricks will help you to grow your income from video games.
How to get started to make money by playing video games?
For live streams and screen captures for video channels
To stream gameplay, you need to have video capturing method to record and stream your screen. If you are on PC, you can try OBS studios (free and open source software).
If you are on a console, you may need an external game capture box (or internal game capturing – for next-gen consoles).
For tutorials and guides
Remember to provide a unique and valuable content as a part of your USP. You can research in forums to find the problems faced by players, and figure out the solutions, and create your tutorial around that solution.
Pick a popular video game that has a lot of tournaments to play in and has a lot of esports teams. And keep practicing. Then network with other professional players to get into the radar, and to join a team.
For video game testing
Getting a job as a video game tester might be a bit difficult. You have to search for vacancies, apply and stay your fingers crossed. But, there are on-demand video games testing services that you can try.
Make money by playing video games
I know, for most of us that was a dream while growing up. Well, making money by playing video games is not impossible. But, honestly, it may be a bit harder than you think.
But, if you treat that a business, and do it right, you will be able to build an income by playing video games.
I really hope that this information would help you to find the right path for you to make money from video games.