Best Ways to Make Money Gaming Online?

The rumours are true. You can earn money gaming online. It is not easy, but it's possible.

10:59 07 October 2019

You need to free up your time, invest in proper gaming equipment and play video games like it’s the only thing that matters.

Depending on which games you choose or who you do it for, though, how much effort you put into gaming can vary. Here are six potential ways to create extra income playing online games.

#1: Live Streaming

 Live streaming is all the rage in the video gaming world. You set up a channel on platforms like Steam and YouTube. You then select a game you love and play it in front of an audience. If you manage to attract at least 50 people per stream, you can monetize your channel through adverts or subscriptions.

Elite live streamers make millions of dollars each year in several ways. Some get paid by brands to advertise their products. Others have online stores where they sell merchandises like T-Shirts and gaming equipment.

Because it’s free to create a channel, everyone can do it. But to attract an audience regularly, that’s where you need to put your time and effort. PewDiePie (real name Felix Kjellberg), one of the most successful streamers, says he began streaming content on YouTube in 2007. Ninja (real name Tyler Belvin) earns over $10 million per year, but he also plays video games up to ten hours every day.

#2: Playing Casino Games

The world’s most successful poker players earn millions of dollars every year. Sports gamblers like Billy Walters, on the other hand, have accrued hundreds of millions by devising ways to beat the house. Of course, not everyone makes millions of dollars gambling.

But thousands of people around the world pay their bills spending five-10 hours of their days inside casinos. These days, you can also play all gambling games on web-based casinos. In fact, gambling online is the most convenient way to do it.

You can play hundreds of slots online, some that feature enormous progressive jackpots. You can play card games against RNG software or fellow players in the live section. What's more, you could earn bonuses from the house and magnify your profits.

#3: Play to Review and Educate

Video game journalism is a thing these days. If you are a trained journalist who loves to play video games, you can combine your hobby plus profession to earn a living. Technically, you don't need a degree to report video game news and do reviews.

But if you have the training, it will be easier to figure out what content gamers want and deliver it professionally. As a journalist, you can publish your content on a wide range of areas. You can post video content on YouTube and Stream but also run blogs and social media accounts.

Depending on what games you specialize in and how successful you become, you could earn an extra $500 per month or make thousands of dollars. But like all things related to online gaming, video game journalism is competitive. It's also work-intensive so you must commit your time and work hard.

#4: Become an eSports Player

Last July, a 16-year-old boy shocked millions of adults after winning a whopping $3 million in a Fortnite video game competition held at New York's Arthur Ashe Stadium. So yes, you can play video games and make a lot more money than working-class citizens.

What's more, eSports is a fast-growing industry with a fan base of over $300 million people around the world. It consists of leagues, teams and scouts who scourge the Internet to find talented gamers.

To get started, you probably should begin by practising to play a few popular games. League of Legends; Fortnite, Counter-Strike: Global Offensive, FIFA and PUBG are some of the most popular games among eSports players.

#5: Test New Games for Pay

Similarly to getting paid to review songs and movies, you can earn money by testing new games. It's a challenging industry to get into because you must apply for the job to various developers. But if you are successful, you'll make money by doing something you love.

Obviously, the best developers to work for are billion-dollar companies like Rockstar and Valve. In reality, though, most game testing jobs come from upcoming mobile game companies. As such, don't expect to earn as much money as eSports players.

#6: Create Gaming Tutorials

When Fortnite became a global hit, some parents began paying video game professionals up to $65 per hour to teach their kids how to play. The demand for gaming tutors has dwindled yet, meaning you can create gaming tutorials and sell them on different marketplaces.

Alternatively, you can give out your materials free of charge but monetize your YouTube and Twitch channels. That works better because most people prefer to get things for free. Again, you can monetize your channel variously so that you earn money in several ways.

#7: Play for Gift Cards and Crypto

Some websites pay you when you play a variety of online games on their platforms. Typically, you earn points for every 10 minutes you play. With time, the points accumulate, and you can then redeem them for shopping gift cards or cash.

Swagbucks, InboxDollars and Banatics are the most popular sites that offer the services. They pay out small sums of money, and you'll hardly make $10 per hour. But if you enjoy gaming, you can spend your free time playing these games to earn vouchers.

If you use cryptocurrencies regularly, you should probably play games that pay you in Bitcoin or altcoins. You might not earn a lot, but you can benefit when the digital currencies gain value.

To Conclude

Gone are the days when everyone played video games for fun. These days, you can enjoy the gamey and also get paid while doing it. Making decent cash playing games online is not easy, though. You must invest hundreds of hours into improving your skills, invest in the right equipment and outsmart your competitors to get at the top.