Playing video games online has become a popular way to earn money these days. From kids to teens and adults, everyone seems to be busy making money this way. Sites like YouTube, Twitch, and DLive pay gamers thousands of dollars for their live game streams. If you have a knack for gaming and are looking for ways to improve your income streams, you can earn money by playing games in your spare time.
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Not only will this revitalize your mind after a tiring day, but it will also improve your overall lifestyle by bringing in extra money. The positive recognition you will gain on social media is another plus.
You will use these tokens to participate in different types of exciting and attractive games and earn money from these games. Additionally, there is a daily draw of $10,000 prize money for a lucky winner. The more you play, the more chances of you winning the prize money. Related: 7 Ways To Make Money Online and Get Paid within 24-72 Hours. Players are allowed to level up the game for money. Besides this, game lovers can also try other cash games by testing them and trying hands on the gaming app. Free chances to win money by testing the game. You can not only win real cash by playing games competing and winning. Another great method is to test the game for money. Apps That Pay You to Take Surveys and Play Games. Make money selling your used CDs, DVDs, and video games using this app. March 9, 2020 at 12:35 pm Premise is an app that pays real money for submitting short surveys and photos/questions about your community. It’s only available for Android. As far as I know, most of the gamer will not make a living from playing games on the web. But if you start to enjoy online games then you can play Real Money Earning Games. But the most attractive thing is most of the online games site are free to use. So you don’t have to spend any money on start playing games.
In this post, we will look at effective gaming options that people around the world are using to make money online.
Best Ways To Earn Money By Playing Games Online
A lot of top video games have active communities that regularly hold tournaments. These tournaments lead to prizes. Although winning prizes is not the same as a steady income, it’s still unbelievable money.
Here’s a look at some of the top gaming tournaments and their previous prizes:
- The Dota 2 Asia Championship – $3 million
- The Dota 2 Valve Majors – $3 million
- Fortnite Fall Skirmish Series – $4 million
- League of Legends 2018 Tournament – $6.4 million
- Smite World Championship 2015 – $2.6 million
These games have different gameplay modes. Some of the new games also let you choose between working with a team and by yourself.
Twitch streaming is a popular way for people to earn money by playing games. You’ll need subscribers to become a successful Twitch streamer as most of your money will come from them.
At Twitch, you can stream any games, be it Chess, Fortnite, Call of Duty, or PES.
As mentioned earlier, having subscribers is necessary on this platform. This is because your Twitch money depends on your number of views, and views come from subscribers. If you have a lot of subscribers, you can get sponsorships and become an affiliate as well.
The best thing about Twitch streaming is that you can do it full time. A lot of gamers are earning millions every year on this platform. The key is to provide a quality user experience. If your content is engaging, the viewers will come automatically.
You can also earn money by providing game tutorials. This method is similar to doing video reviews, except for the fact that here you’ll be teaching people how to play a specific game instead of telling them whether a game is good or not.
Your YouTube channel must have a broad audience to make this a success. If you have several thousand subscribers, YouTube will give you monetization and display ads on your videos. For each click on those ads, you’ll receive money in your AdSense account.
Beta testing is another excellent way to earn money by playing games. In beta testing, your job will be to identify flaws or serious glitches in games. Remember that in this job, you will be testing games that haven’t hit the market yet, which means it’s very rare for a beta tester to work with top games. However, the payouts are good, which makes up for the boredom that comes with the job.
At first, you may find it difficult to connect with companies that will hire you. But once you find them, the work will come continuously.
To find such companies, you will need to build social media presence, ask around in your circle, and look for online ads. Once you find a relevant company, send your credentials to them. If they think you are suitable for the job, they’ll contact you.
Earn Money by Playing Games – Websites That Pay
You may be surprised to know this, but some websites pay users for playing their games. Most of the time, these websites will pay you in crypto coins or tokens. The good thing is that you can later convert that crypto into fiat or gift cards.
Swagbucks and InboxDollars are two of the top sites that pay users for playing games. Besides, you can make money on these sites by watching videos and shopping online.
Pro gaming is the top way to get paid by playing games. Pro gamers make millions of dollars every year by competing in sponsored events. Gaming zones and arenas have been built worldwide to allow players to stream and participate online.
The best way to make money this way is to pick a game you’re extremely good at playing and become a pro at it. Then, build your reputation as an expert in the game. Finally, participate in a major event as a team player or an individual.
If you are good at playing multiple games, then you can make money by helping new players. Think of it as working in customer service for a company that creates video games.
You can find these jobs by contacting the makers of video games themselves. Some of these companies even have work-at-home positions, so if you’re looking to make money from home part-time, being a game guide can be the right option.
Earn Online By Playing Games – Reviews
If you’re a pro gamer, you can earn a lot of money by reviewing video games. This is the same as blogging. In fact, you can create your own blog about game reviews. If you can also create a YouTube channel for video reviewing, that’d be even great!
Your primary goal should be becoming the main source of game reviews. As your following grows, you’ll gain ads on your blog/channel. You can also sell games as an affiliate for good commissions.
There’s no guarantee of how much money you will make this way. It depends on the popularity of your channel because of the most will come from ads. However, if you can get a few thousand followers, then you’ll have a steady income.
Second Life is one of the top money-making platforms on the internet. Here you can earn a lot of money by playing games and doing other activities in your spare time.
Here are the top ways to earn money on this platform:
- Virtual real estate
- Performing in concerts
- Selling gadgets
- Creating and selling content
A feature you won’t find anywhere else is that this site also pays you money for sitting on a chair outside a store. The goal of this idea is to promote the store.
Selling Game – Inspired Merchandise
Creating and selling game inspired merchandise is an effective way to earn money by playing games. If you go on top online stores like Amazon, AliExpress, Etsy, and type League of Legends, you will find several thousand results of t-shirts, mugs, pillow covers, and more.
Selling game inspired merchandise means you’re creating a business. If you take this route, the income potential is limitless. You can easily make between $30k and $50k a year with the right product and advertising.
FREQUENTLY ASKED QUESTIONS
How to earn money in PayPal by playing games?
You should play the following games to earn PayPal money:
- Wealth Words
- Corporation Master
- World Winner
How to earn money online by playing games?
These are the top ways to earn money online by playing games:
- Game tournaments
- Beta testing
- Game reviews
- Twitch streaming
- Offering online tutorials
- Using websites that pay
- Pro gaming
- Being CSR in a game making company
- Playing games on Second Life
- Selling game inspired merchandises
How gamers make money?
Gamers make money in a variety of ways. They earn by participating in tournaments, streaming their games online, writing reviews about games, offering tutorials on YouTube, etc. If you are planning to make money this way, first, you will need to become an expert at a specific game and build a reputation in the industry.
So these were some top ways to earn money by playing games. Sometimes, finding opportunities that pay you for playing games can be difficult because no advertisements are posted on the job boards.
However, there are still real options to earn online money such as contacting the video game makers, becoming a pro gamer, coaching new players, etc. Having a YouTube channel is also important. In fact, you can say that your YouTube channel is your portfolio in the gaming industry. If it’s doing great, you’ll have a steady income with a low effort.
Related post: Most Popular Bitcoin Games
Video games are a huge source of entertainment for many people worldwide. Gaming is a way to escape reality for a brief moment of time, and enter entirely different worlds of possibility.
Thanks to the invention of the internet, people are no longer forced into the 9-5 rat race as there are many different paths to making an income online, and one such avenue is through video gaming.
If you grew up playing video games just 20 years ago, you would never have imagined that people could earn money today by simply playing their favourite video games.
If you love video games, then why not make some money from it at the same time?
From making a few dollars as a side hustle, to turning your side hustle into a fulltime career passion, below are 9 ways you can make money playing video games right now.
1. Create A YouTube Gaming Channel
YouTube is a popular video-sharing platform, where people can create video content and then upload it to the platform. But you know that.
What you may not know is that you can either do pre-recorded videos or live videos, where people can watch you play games and then listen to you describe the games as you play. And you can make money from this if you have enough viewers!
The live video option also allows you to communicate live in chat with your subscribers, to add more engagement.
However, before you can start making any money from your channel, you need to understand that your YouTube channel will need to receive 4,000 hours of watch time and 1,000 subscribers before you can start monetizing your videos with ads.
If your subscribers really enjoy your content, then you can also setup a Patreon account, where people can donate money to you, to help support your channel and content. Or you can add affiliate links (for example, a link to Amazon that sells the game you are playing) in the description and mention them in the video.
To stand out with your gaming channel, you will need to provide a unique experience for your viewers, so that they will feel entertained and will want to keep watching each time you upload a new video.
If you plan to play video games or review them, start with more niche games and then work your way up to the most mainstream games (once you have gained a good following).
In the beginning, it can be difficult to gain followers, since the most popular Youtubers such as Ninja, PewDiePie and Markiplier will be playing the most popular games and receiving the most views from their videos.
However, do not give up just because you are not seeing immediate success in your channel, as it can take several months to start gaining any significant traffic to your channel and people may prefer your style over others.
The popularity of YouTube has even caught the attention of celebrities, such as Zac Efron, Will Smith and The Rock, who have all cashed in on their popularity, to start their own YouTube channels.
A couple of celebrities have even started their own gaming channels, such as Jack Black and James Buckley (Jay from the Inbetweeners).
2. Become A Twitch Streamer
Twitch is essentially a website dedicated to all things gaming. Twitch offers live streaming of thousands of gamers playing live, plus the ability to chat with and send messages to other users, as well as product announcements and events.
Twitch streamers can earn money through donations, advertisements, subscriptions and sponsorships.
There are several different ways for Twitch streamers to make money, however the four main ways include:
- Donations – viewers give money to the streamer, if they like their content
- Subscriptions – viewers can subscribe to a streamer’s channel, which will directly give money to the streamer each month (3 tier level ranging from $4.99 – $24.99 per month)
- Advertisements – streamers can add 30 second advertisements before their stream start
- Sponsorships – if a stream is popular enough, then companies will pay them to promote their brand
Some of the top Twitch streams do live streaming as a full-time job, however, you will need to create a large following for this to happen, which takes time and dedication. You can also use the videos you post on Twitch and upload them to YouTube to create another income source for yourself.
3. Game Testing (Playtester)
If you enjoy finding all the problems in a game and trying to break a game (while also getting paid to do so), then game testing is the job for you.
As a game tester, you will be able to get first access to certain video game pre-releases, (before they make its way to the masses) and asked to play the game extensively, with certain guidelines to follow and complete.
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You will be required to write detailed analysis reports on how the game operated and if you were able to find any bugs (sometimes you will be granted a bonus amount of money if you can find a bug that no one has yet identified).
Some testing requirements may require participants to be in certain geographical locations, such as North America, Australia, or Canada. However, most companies will accept participants in remote locations too.
To become a game tester, simply keep an eye out on your favourite gaming company’s website or social media, as they will occasionally ask their community for testers. The alternative is to search on websites such as Playtestix, ErliBird, PlayestCloud and BetaFamily
4. Become A Gaming Coach
When sports progress, an entire industry grows along with it. Wherever there are potential professional players, there are always many teachers and coaches behind them, helping them along in their journeys.
If you already have an impressive status as a professional gamer (or are at least a skilled gamer), then you can become a coach of new up and coming gamers through recruiting students directly.
However, if this option isn’t working for you, then you can also use the approach of signing up to sites such as Gamer Sensei or Fiverr, where teachers can earn upwards of $30/hour for their skill and expertise.
Another option is to become the coach of an Esports team, where reportedly coaches of large teams can earn upwards of tens of thousands of dollars per year, while also receiving complete benefits.
5. Create Gameplay Tutorials & Guides
Gamers always need guides and tutorials to find hidden Easter eggs in games, or getting help on a level that they have been stuck on for a while and have no idea how to progress further. To create these guides or gameplay, you can either upload videos of gameplay to YouTube, create a website dedicated to writing gaming guides, or simply publish a guide as an eBook on Amazon.
The first 2 options generate income for you through monetization with ads, while the eBook can generate money through sales.
To make money through creating gameplay tutorials or guides, you will need to focus on popular games. However, the more popular the game, the more competition you will encounter from others also creating gameplay tutorials.
To make your tutorials stand out from the crowd, you will need to offer a unique experience for users, with more meticulous detailed information than others, which means you will have to spend additional time to demonstrate your understanding of each game.
In addition to becoming an expert in your gameplay tutorials and guides, you will also need to have fundamentally sound writing skills. Guides need to be written in meticulous detail and presented with enough understandable material to keep the reader interested, while also engaged in the content.
To get started, find a popular game, such as a new release game, where players are having trouble solving a problem or where not many tutorials have yet been released.
Next, learn all the ins and outs of that particular game problem, then show others how to solve the issue for themselves with your tutorials.
In MMORPGs (Massively Multiplayer Online Role-playing Games), focus on creating gold guides, levelling guides and raid guides. For PvP games, such as Call of Duty, Battlefield or Overwatch, focus on creating build guides and mechanics guides.
6.Become A Professional Gamer
Becoming a professional gamer and trying to carve out a lucrative career from professional gaming is the hardest task to achieve in this list, but if you like competition and are willing to put in the long hours to master your craft, then this may be an option for you, but not a guarantee to make money.
If you want to earn big money from professional gaming, then you will need to get into eSports, either by joining an already existing team through tryouts, or creating your own. The big money comes from winning eSports championships and landing investors or endorsement deals.
As eSports continue to grow in popularity, the prize money also continues to grow into the millions of dollars. Just recently in July 2019, an American teenager from Pennsylvania took out the top prize of $3 million for winning a Fortnite tournament in New York.
Global revenues from eSports competitions will hit $1.1 billion in 2019, an increase of 29% since 2018, thanks to the surge in popularity and the revenues from sponsorship deals and advertising.
7. Play Online Games Through Point Clubs
There are several sites such as Swagbucks and MyPoints, which offer their members the opportunity to earn points by playing online games, and then convert those points into either gift cards or PayPal payments.
However, this method often requires the user to spend some money upfront (e.g. you have to purchase some tokens to play the games initially). If you like to play games such as Deal or No Deal Slots and Bejewelled 2, then this option is great for you, and will allow you to earn some gift cards or PayPal payments in return for playing games.
8. Farming Game Characters
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This strategy won’t make you rich, but if you like to play games for hours on end, then this can be a useful way for you to earn some extra money, while also having fun playing games. The best games to try this strategy on, are RuneScape and Counter Strike.
The strategy works as follows:
You can create a character in game and “level” him or her up (raise their skills). You can find people that will actually pay money for a high-level character that they don’t have to level themselves, because they don’t have time or they find the leveling part of the game boring: They just want to do the missions and other fun stuff and skip the boring parts.
In the case of RuneScape, the higher the characters level, the more quests you will have access to and will be able to complete.
The easiest way to do this is to “farm the character”. This means you spend a lot of time doing boring things in the game to level up the character, such as repetitive missions or fighting non player characters or even just trading, whether it be for a particular skill or for in-game money.
A game like Eve Online has passive skill learning, where you buy the skills in game and set them to level up even when you are not online.
These don’t take much effort to learn (because your character doesn’t have to do anything in the game), but you do need to earn in game currency to buy the higher level skill books, which may require you to run a few missions here and there.
So you could potentially create a few different characters and only need to login every now and then to micro-manage their skill learning, then sell them on playerauctions.com or playerup.com once they have “matured”.
You can actually make a lot of money doing this, as some characters can sell for over $1,000. Others sell for less than $100, depending on what level they are at.
This method really depends on how much skill you have at levelling, and how motivated you are to play the game.
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9. Selling In-Game Items
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Another way to make some money is to sell items that you acquire in a game. Usually the more popular online games have a marketplace where players can trade items such as weapons, skins, clothes, etc.
Some games that allow this are Counter Strike: GO, Team Fortress 2, Player Unknown’s Battlegrounds and DOTA 2.
These games all have large market places on the Steam community forums where you can go and sell your items. Some rare items have sold for thousands of dollars in the past, although most items sell for just a few dollars and even a few cents.
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Most of the time, these items don’t even give you any advantage in the game, they are purely for cosmetic purposes and bragging rights ie: “I have this rare item and you don’t, so I’m better”.
If a game is new and seems to be generating a large player base, this can be quite a lucrative opportunity for a skilled player who can play long hours of the game when it first comes out.