The world of online gaming whether it is via online casino sites like slotsformoney.com or eSports is competitive. But if you have a solid rank in your favorite game, there are plenty of ways to make a buck.
Earning Money in Online Gaming
There are many different ways to earn money in online gaming. One way is by selling game currency, which is the in-game unit of exchange for your time and effort. It can be exchanged for other in-game items.
There are also a few ways to make money from your status as a high-ranking player. For example, you could win games that have prize pools and share those winnings with your followers on social media sites like Facebook or Twitter.
You can also offer services like coaching and advertising to players looking for extra help with their game strategies and skills. If you’re good enough at a game, you can even offer paid subscriptions that give exclusive access to your product or service to players who want it delivered straight to them every day, week, or month.
Top 10 Ways to make Money Playing Online Games
Here’s a list of the top 10 ways that make it possible for beginners to make money as an online gamer:
- Sell Game Currency
- Win games with prize pools
- Offer coaching through pay services
- Offer paid subscriptions
- Share prizes on social media sites
- Provide designing services
- Offer advertising services through pay advertising networks
- Accept donations via PayPal
- Sell merchandise via sites like eBay or Etsy
- Earn revenue from AdSense
Most gamers quickly realize that they can no longer rely on the game publisher to provide revenue. This is because online games are typically free-to-play and there’s not necessarily an incentive for players to pay for virtual goods, subscriptions, or DLCs. That being said, there are still ways for players to earn money in games today. Some of these options include:
- Payment processing fees
- Selling virtual assets like items
Sponsoring an online game is one of the best ways to make money. You can sponsor a game for anywhere from $50 to $5,000 per month. The time commitment is minimal, and you have all the perks of being part of an established game with a rich player base. With sponsorships, your name will be in front of millions of players each day and you’ll be able to promote your brand among millennials who are often more likely to trust sponsored content.