The notion of earning money with gaming is relatively new. Many people think that earning money by playing games can only be achieved through taking part in extremely difficult tournaments and esports championships.

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So what can people do to start earning money only by playing games? In this blog we will answer this question and give examples of things you can do to earn money from playing games.

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People say: With gaming, you earn either a lot, or nothing

This sentence is false. While being an incredibly good player, you can just wait a couple of days for an invitation to join a team for championships where you can already earn a lot of money pretty much for showing your face. Others who are just good or very good, need to step up themselves first. the Internet is full of websites that offer smaller in size tournaments for various games such as League of Legends, Heartstone or CS:GO. But more on that later.

Here are some ways to make money, apart from participating in esports tournaments:

Set-up shop

If you enjoy playing multiplayer games, why not consider making money out of it?

And while it might force you to do things you are not particularly enjoy, which is “farming gold” or various in-game items, it certainly can get you steady stream of money if you decide to sell it for real money.

(note: selling in-game gold and items may be against TOS of various games, so be wary of that)

As an example, it is worth mentioning that well known game Diablo 3, before the release of the expansion had its own implemented real money auction house system (RMAH).

Humorous thing to say is that many people claimed to be playing not Diablo 3 but “playing RMAH”, because the only thing they were doing in game was sitting on auction house, buying best stuff for small price and selling at at least 10 times its initial price for either in-game money or real money. In case of in-game money it was later resold for real currency.

On the more against TOS note, many people used to buy 5 or even 10 accounts and used bots to play and “farm” the items automatically and then sell it for insane amounts of money – this offense was heavily punishable, but considering that before permanent account(s) ban, players managed to earn at least 50-60 times the worth of the game, it wasn’t really an issue to buy another 5-10 copies of the game to continue where they’ve let go.

When it comes to Diablo 3, the most dedicated RMAH players managed to earn around $100 000. Currently Diablo 3 has no means of legally earn real money in-game. Certain items were worth much more than maximum allowed on RMAH.

You may only imagine, how are those people who paid hundreds of dollars for single item may feel now, that those items aren’t even worth a penny (due to expansion release).

Other games where you can earn real cash are Entropia Universe, Team Fortress 2, CS:GO and many many more.

Sell it all

This is more of a one-time deal, however the prices of an entire game account may be massively huge, starting from mere 100$ to even hundreds of thousands of dollars.

If you own an extremely unique character skin, achievement, item that cannot be transferred between accounts, then it is highly possible that you can sell your account for a huge amount of money.

One single ship in EVE online was valued at $5 500, however it most likely took huge amount of time to build up a ship that is worth this much.

Years ago, when gearing up in World of Warcraft was an extremely difficult task to do, accounts of best players were valued at 8 to 18 thousand dollars. Downside to that is that Blizzard is pretty good at detecting sales of such exceptional accounts, which is against their TOS. After release of Wrath of the Lich King expansion, values of accounts started to fall dramatically as gearing up became much easier.

Become an internal game tester

While it does fall into the category of earning money from gaming, in most cases it’s not as fun as you might think

First of all, the games you might be testing may not always be interesting for you, which might end up being like a “normal job” you are not sure you particularly enjoy

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While, from time to time you may get to enjoy certain game long before its release, being forced to play through particular gameplay sequence hundred times over might seem like a nightmare, especially if it’s extremely buggy and glitchy.

Another thing is that the bigger the game, the greater the risk. Signing NDA’s in those situations is pretty common, and accidentally spilling out parts of the game to your friends might cost you a lot.

Show the game to others, smile, and earn money

Wish it was that easy, huh?!

Live streaming and game recording are on the rise. Showcasing your gameplay with unique attitude may bring wonders. The thing is that people pay for what they enjoy – if they enjoy your gaming content they might pretty much consider donating in order to help your channel grow.

Additionally, keeping an account on YouTube may allow you to show ads to your viewers so you may earn some money.

It’s hard to provide an average amount of money someone might earn from donations and ads. It all depends on your viewers after all and how much they enjoy your content. You have to realize that your channel is most likely not the only like they keep watching on a daily basis – so you just as well may assume that someone has a better content and your viewer decides to donate to that person.

However, depending on your country, for a monetized channel with possibility to donate and 50 000 subscribers, you may earn somewhere between $216 and $3 500.

If you are looking to record and live stream your videos, be sure to check out our screen recording software Mirillis Action! if you still do not own it.

and of course you can also…

Become a professional esports player

If you want to become extremely popular, but doesn?t really know how to make a great YouTube channel, it will be enough to show up once on the biggest esports championships once and then create a channel on YouTube and everyone will want to see your awesome plays.

But lets stick to the esports alone. The richest gamers are precisely those who take part in those tournaments.

While in 2013 the best players managed to earn ?tens of thousands of dollars? per tournament, nowadays in 2017 those numbers begin to grow to ?millions of dollars?. It is estimated that since esport industry is growing rapidly, players will also start earning much more.

However becoming a professional esports player isn?t easy, and requires insane dedication. If you have job that takes couple of hours a day, you probably won?t have the time to catch up to other players who have to train for 10-13 hours a day to even become close to being competitive.

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Keep in mind that each and every method described here brings some sacrifices to your gameplay.

Even when you simply stream your gameplay, you will have to somehow adjust your behaviour to your viewers which might already take some fun out of your gameplay. Recording videos takes additional hours from your game-time as you need to prepare, edit, script and render your video – this may take hours out of your free time.

All in all, if you are motivated, then ?nothing is impossible?

Every now and again you read an article, or see something on the social media, bragging about making money playing video games.

Sometimes you hear about it through word-of-mouth.

But is it really a thing? Can you really make money?

It is possible, but there are some caveats. First, banish any idea from your mind that you’re going to make a fortune doing it. Second, it may not be quite as fun and exciting as it sounds on the surface – making money rarely is. And third, you have to be able to separate the real opportunities from the many scams out there.

With those warnings in mind, let’s take a look at some ways you really can make money playing video games.

Become a Beta Tester

Every video game needs to go through beta testing before it hits the general market. This can be an interesting and fun way to earn some extra money. But be aware you probably won’t be working with popular video games. Instead, it’ll be ones that haven’t hit the market yet. Companies are looking to test their games with real users before bringing them to market.

You may find some of the games you’re working with aren’t terribly exciting, or they may have serious glitches. But that’s why companies look for people to test them out first. Your job will be to identify flaws or ways to improve the product before it goes to market.

The upside of becoming a beta tester is that you can make a lot of money doing it. The difficult part is finding companies who will hire you. The best approach is to develop a strong social media presence, complete with a large following, that might get you noticed by video game companies. If you do, they’ll be coming to you.

Video Game Tournaments

Video games often develop communities, and they can be quite active – and competitive. The competitiveness leads to tournaments, and that leads to prizes. It’s not the same as getting a steady income, but if you have the fortitude to engage in ongoing tournaments, the prizes can be quite generous.

One example is Call of Duty. Thousands of people play this game, but for some, it rises to become very competitive. That’s where the potential payoff is. You get involved with teams and meet up online and either play together as a team or “every man for himself.”

Call of Duty has several different gameplay modes, including online multiplayer as well as zombies. Some of the new games allow for multiplayer campaigns. Whether you work with a team or by yourself, you can go into the playoffs and move on to the championships. If you get into the finals, video game tournaments work very similarly to the regular sporting events. Winning tournaments can result in cash payouts. Exactly how much you can make will depend on the interest in the tournament, and it varies from one to the next.

Take OpTic Gaming (on YouTube) as another example. It’s one of the top performing game teams available, and they are known for winning multiple awards and having some of the best players in the industry. There are a plethora of prizes including small prizes such as gift cards. But cash prizes can run as high as $10 million – if you can believe it.

Become a Video Game Reviewer

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If you have an interest in many different video games, you can earn money by becoming a video game reviewer. This is similar to blogging – in fact, you could even create a blog for this purpose. But you can also do it through YouTube, or on popular selling sites like eBay and Amazon.com.

The basic idea is to become a respected review source of video games. As you build up a following, people will come to rely on your opinions. You can earn money by selling the video games you review on an affiliate basis (the manufacturer or distributor will pay you a percentage of each sale you make from your website or video).

There’s no guarantee how much money you’ll make. It depends on the popularity of your site or videos because most of your income will come as advertising. If you’re able to grow your audience into the thousands, you may get video game companies advertising directly. If it reaches that stage, you’ll have a steady stream of passive income.

“Farming” Gold

You won’t make a fortune with this strategy, but if you like playing video games, and you play a lot, it can be a way to earn at least some money while you’re having fun.

Not all video games allow this to happen, but there are a few that do. Two are RuneScape and Counter Strike.

The process works like this…

You can create a character and “level” him or her (raise their skills). Some players will actually pay money for a high-level character that they don’t have to level themselves. In the case of RuneScape, the higher the levels, the more quests you can complete.

The easiest way to do this is to “farm the character.” This means you spend a lot of time leveling up the character, whether it be for a particular skill or for in-game money. You can actually make a lot of money doing this, as some characters can sell for over $1,000. Others sell for as little as $100. It really depends on how much skill you have at leveling, and how motivated you are to play the game.

Become a Twitch Streamer

Twitch is a streaming platform subsidiary of Amazon where you can earn money through the support of your subscribers. Most of the streams involve video games, whether it’s games like Fortnite or something that is played online like Chess, but you earn money through your subscribers.

If you get your subscriber count up and have a lot of views, you can get sponsorships and giveaway opportunities as well. Some of the top Twitch streamers do this full-time and the income opportunities are there. This is how much Twitch streamers make.

You can also post those Twitch videos to Youtube as an additional revenue source.

Work in Customer Service

If you’re a veteran gamer, with experience playing dozens of different video games, you may be able to use those skills to help others – and make some money while you do. Think of it as working on the helpdesk for companies that provide video games.

You can sometimes find these positions by contacting the manufacturers or distributors of video games themselves. They may even have work-at-home positions. You can also try various technology support companies, like Sutherland Global Services. Every now and again they have positions available on video game helpdesks.

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Other Ways to Enter the Business

It can be difficult to find ways to make money playing video games.

You won’t find jobs advertised on the job boards.

But there are three general ways to get into making money playing video games:

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1. Contact video game manufacturers and distributors directly, and offer your services. You’ll have to be a well-experienced video game player to even attempt this.
2. Become a very competitive video gamer, such that you can get involved in tournaments and other activities that will make you serious money.
3. Become a video game entrepreneur. This is really the business side of video games. You start a website, become active on the social media, or develop a YouTube channel. You become recognized as an expert in the field, drawing many thousands of followers. You can then sell video games on an affiliate basis, or even receive sponsorships from the companies themselves.

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YouTube is especially important. In fact, it’s not an exaggeration to say that your YouTube channel is your resume in the video game universe.

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So you can play video games for sure, but put your entrepreneur’s hat on, and be ready to turn it into a side business – or something much more.

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