How to Earn Money Playing Online Games

Video games are lots of fun, but they can also be a great way to earn money! 

The gaming industry has grown tremendously over the past few years, and there are lots of companies who are looking to hire gamers to work in their offices or remotely in other places around the world. 

This guide will tell you everything you need to know about getting started making money playing video games, from how much you can expect to make and how much time you need to put in each week to what skills you should have before applying and what companies look for when hiring new employees.

What’s your game plan?

There are a few different ways that you can make money playing online games. You can either join a gaming site that offers rewards for playing, or you can set up your own gaming site and charge other players to play. 

You can also create and sell in-game items, or offer your services as a game coach. Whatever route you decide to go, make sure you have a solid plan in place. 

Otherwise, you’ll just be wasting your time (and money). Check out these articles below for more information on how to earn money while playing online games a) How to Become an eSport Player

b) The 10 Best Gaming Sites of 2019 c) 

How to Make Money Playing Gacha Games d) 

5 Tips for Making Money With In-Game Items e) 

Three Ways to Make Money Coaching Other Players f) 

6 Tips for Turning Your Hobby Into a Business g) 

Top Five Websites to Play Browser Games h) 3 Ways to Make Money Playing Mobile Games i) 

15 Legitimate Websites That Pay You To Play j) 11 Places Where You Can Find Paid Trials k) Is It Possible To Be A Professional Gamer? l ) These Simple Steps Will Help You Grow Your Gamer Empire. 

No matter what method you choose, you need to have patience and treat your gaming business like any other business endeavor—it may take some time before you see results. And remember, even if you’re not in it for monetary gain, these steps will help your skills as a gamer improve too! 

After all, there’s no better way to become one with your game than by honing your skills and figuring out how best to beat that high score or conquer that final boss fight!

Build a strong profile on an esports site

If you want to make money playing online games, you need to create a strong profile on an esports site. This means having a good username, avatar, and ranking. 

You should also have a strong social media presence. Once you have built up your profile, you can start looking for tournaments to compete in. 

Winning tournaments will give you a prize pool, which you can then use to buy new equipment or pay for coaching. 

Some esport sites will allow you to sell the virtual items that you win for real-world currency, so this is another way of making money from gaming. In order to get started, it’s best to play games like Dota 2 or League of Legends as they have a high level of competition and lots of tournaments. 

Make sure you are prepared before going into any tournament by researching the other players involved in it, learning their strategies, and building your own strategy based on what type of player they are. 

There are a lot of different aspects to keep track of during a game, so try to simplify things by focusing on one at a time. For example, when you're about to fight someone else's champion, think about how many life points they have left and how much damage you've taken recently. 

Try not to feel discouraged if you lose: sometimes it just happens! Keep practicing, improve your skillset and be ready for next time! One last thing to remember is that gaming isn't all fun and games; there is a very real skill behind winning these competitions. 

The more you practice, the better chance you'll have of winning! When competing in a tournament, you should always study the other contestants and figure out their weaknesses. 

Always ask yourself questions such as What class is my opponent using? or What weapons does he/she usually carry? You can also watch past matches with them to see what kind of skills they have. Don't let losing discourage you - it's all part of the process! 

Just continue practicing, improving your skillset and stay tuned for next time! Remember that gaming isn't all fun and games; there is a skill involved in being successful in these competitions. The more you practice, the better your chances are of winning! 

As mentioned earlier, some people may choose to sell the virtual items they won through esports tournaments on websites like eBay or through companies such as PlayerAuctions. 

These platforms act as both auction houses and banks where gamers can sell their items to interested buyers or take loans from fellow gamers who want to loan them money. 

It's important to research both sides of selling and borrowing before signing up because each option has its pros and cons.

Pick your platform – PC, Console or Mobile?

There are a few ways to make money playing games online. The most common is through Twitch, which is a live-streaming platform where gamers can play for an audience and earn donations from viewers. 

You can also sign up to be a professional gamer for a company and compete in tournaments for prize money. Finally, some mobile and PC games have in-game microtransactions that you can use to your advantage to make some extra cash. 

If you find yourself doing really well in the game, consider buying packs of cards or coins with real life currency to help boost your chances of winning more often. 

If you want to take things one step further, there are even companies out there like MobileGamesHQ who will pay you to test their new releases and let them know what works and what doesn’t work so they can fix it before it goes live. 

All you need to do is download the app and leave feedback on any bugs or issues you run into while playing! It only takes 15 minutes to complete a session and they pay $50 per hour. 

There are also people making money off streaming by posting videos of themselves playing video games on platforms like YouTube. 

It's worth noting that these types of streams generally don't make much if any money because most channels can't monetize their content due to copyright infringement laws prohibiting music being played without permission. 

For example, a streamer may get paid $100 when they stream League of Legends but then another $10 when someone clicks on an ad within the stream. 

That same streamer would not get paid anything for watching Overwatch. But if this person was able to add League of Legends as their primary channel then all income would go towards that channel instead. For example, person A has a primary channel in League of Legends and secondary channel in Overwatch.

Strategize your budget

When it comes to playing online games and earning money, you need to be strategic about your budget. First, you need to figure out how much money you're willing to spend on games each month. 

Then, you need to find ways to save money so that you can afford to play the games you love. Here are a few tipstips for saving money while playing online games: 

Don't buy items in-game with real-world currency until you have tried them. 

Many games offer players the option of using in-game currency or real-world currency to purchase items. If you want to see if an item is worth buying before spending your hard-earned cash, don't buy it with real world currency! 

Instead, purchase in-game currency for free through daily quests or other methods within the game and use those to purchase what you want instead of shelling out cold hard cash. 

Only buy preowned consoles if they are cheaper than new ones. 

If you're going to buy a console, consider purchasing one that's used instead of new. 

New consoles tend to cost more because of their warranties and guarantees. 

Used consoles will usually come with all their original parts, just without the warranty protection which means they'll be less expensive overall.

Don't pay full price for items in game unless necessary. 

If there's an item you really want but it costs too much in the game itself, look at other sources first before paying full price (eBay is one such place). Sites like eBay often have better deals when it comes to buying in-game items outside of the game itself. 

However, these sites do not always have a high turnover rate for specific items so you may not always find what you're looking for. 

Additionally, some sites like PayPal only allow transactions up to $250 meaning anything over that amount must be done as goods rather than as service. 

If this doesn't work for you then try using another site like Amazon where international transactions are allowed and the limit is 10 times higher at $10,000. Don't invest large sums of money into MMOs. 

Investing large sums of money into MMOs isn't necessarily a bad idea, but you should never put more than you can afford to lose into the game. 

For example, investing $500 into the game could mean putting everything else aside and relying solely on this game for income. 

While some people might think this is worth it, others might decide that they would rather spread themselves across multiple games and focus on making small profits from each one instead of risking everything in one go by investing heavily in a single title. 

The decision ultimately rests with you--figure out what works best for your situation and then invest accordingly! Remember that there are no definite rules for success in any form of business; it all depends on your approach.

Join an online gaming community

Gaming communities are a great way to meet new people who share your interests. 

You can also learn about new games, get tips and tricks from more experienced players, and find people to play with. 

Plus, many gaming communities have their own internal economy, which can be a great way to earn some extra cash. Here's how to get started: 

1. Find a community that you're interested in. 

There are online gaming communities for just about every game and interest out there, so you shouldn't have any trouble finding one that's right for you.

2. Read the community rules and guidelines. Most gaming communities have specific rules and guidelines that members are expected to follow. 

Familiarizing yourself with these will help you avoid any problems down the road. Plus, it'll show the community leaders that you're serious about being a part of the group.

3. Introduce yourself! Head over to the discussion board or chat room and introduce yourself to other members of the community. 

Tell them what kind of games you like to play, what country/city/state you live in, etc. 

Be open and friendly - these are potential friends!

4. Ask questions! Get as much information as possible before joining any gaming communities by asking other gamers about it on discussion boards or chat rooms. 

They'll likely be happy to answer all your questions and tell you if they think it's worth joining or not based on what they know from personal experience. 

After that, you should join at least one (if not more) communities to see what it's all about. 

If this is your first time joining an online gaming community, don't worry too much about going overboard with things like donations or forum posts until you get the hang of things. 

It may take a while to adjust to everything and feel comfortable posting anything at all. 

Just lurk around and watch the forums for now until you figure out where you want to contribute best - maybe answering questions or providing feedback on others' topics. 

Once you've done enough lurking to get a sense of the place, ask for permissions to post threads or comments; after that, start branching out into different areas within the community according to your interests. 

Some general guidelines include not starting arguments and staying polite when dealing with dissenting opinions; however, it's okay to disagree respectfully in cases where the person's opinion isn't productive or helpful. 

Be patient with yourself as you explore; after all, trying something new takes time! Some additional places to go once you're up-to-speed on the community's customs and expectations: 

1. Check out donation discussions! If your community has its own internal economy, make sure to keep up with ongoing donation discussions so you can participate and trade virtual goods without breaking any rules. 

Trading virtual goods doesn't count as gambling, but it still counts as exchanging real money for virtual currency (the price is determined by supply and demand). 

Make sure to consult with someone knowledgeable about donations if you have any questions. 

Remember that donations come from outside sources so please be aware of this before requesting anyone else's hard-earned cash - only offer suggestions rather than requests, thanks!

2. Participate in game reviews!

Keep track of your finances – aka don’t spend it all in one place!

It can be easy to get caught up in the fun of playing online games and spending money on in-game items, but it’s important to keep track of your finances so you don’t overspend. 

One way to do this is to set a budget for yourself and stick to it. You can also keep track of your spending by setting up a separate bank account or credit card for your gaming expenses. 

This way, you can see exactly how much you’re spending on gaming and make sure it doesn’t get out of hand. When you're allocating your budget, think about what's most important to you: Is it more important that you have enough money left over for groceries? 

Or would you rather save up enough in-game currency to buy that coveted item? Keep in mind that there are plenty of things you can do to earn extra cash while still having plenty of time to play video games. 

Whether it’s finding creative ways to sell your old stuff online, performing tasks on websites like Fiverr, or doing paid surveys (websites like Swagbucks will even give you points that can be redeemed for gift cards), there are many ways you can earn extra money without cutting into your gaming time. 

If you're just starting out, start small with tasks that pay only a few dollars at a time - then work your way up as you gain experience. 

The great thing about these methods is that they won't require a huge commitment of time; they'll just help pad your wallet while giving you the chance to play your favorite game every now and then! 

And if you're ever feeling down about your situation, remember that this blog post exists solely because of people who feel like you do. 

You may not know it yet, but someone else has felt where you are right now and found a way to turn their situation around. And if you're ever feeling down about your situation, remember that this blog post exists solely because of people who feel like you do. 

They've created something positive from their struggle - so no matter what happens, there's always hope.

Work with sponsors, affiliates and advertisers

Many online gamers are now making a living by playing games. 

There are a few different ways to do this. 

The most common is working with sponsors, affiliates and advertisers. This can be done by streaming your gameplay on platforms like Twitch or YouTube, or by writing game reviews. You can also create and sell in-game items, like character skins or power-ups. 

If you're good at what you do, you can make a lot of money playing online games! People who play video games professionally typically earn between $50,000 and $150,000 per year. 

Some even make as much as $500,000 annually from their gaming skills. And since the industry continues to grow, there's no limit to how much you could potentially earn playing online games. 

In fact, some people have been able to retire because they were able to generate enough income through their gaming habits. One gamer made over $1 million during his career by playing Hearthstone (a card game). 

It might seem unbelievable that someone could make so much money doing something they enjoy for free. 

But if you want more than just an extra couple hundred dollars each month, it's possible if you work hard enough and put in the time. 

For example, one user reported earning about $7,400 in revenue from Twitch ads alone last year. 

He managed to pull this off by creating content that appeals to both young kids and older adults alike. 

Whether you stream yourself playing video games live or post edited videos later, your channel has potential to become wildly popular - if you put in the effort. 

However, remember that there's always someone better out there. Remember not to get discouraged when others start surpassing you in popularity; try instead to learn from them and improve your own game. 

Being able to improve your skill set will allow you to keep up with these changes and increase the amount of opportunities available for you. 

You should always continue to develop new ideas for streams and videos, but don't feel pressured into keeping up with trends or trying new things too quickly. 

There's nothing wrong with sticking to what works well - as long as it makes sense for your audience. As long as you keep learning and improving your craft, success should follow suit eventually!