According to the latest estimates, the competitive video game industry (known as Esports) is set to reach the $1 billion mark by the start of 2021, and the video game sector of entertainment has now gone past the point where it is worth more than the music and film industries put together.
For every gamer out there, turning their love for their favorite titles into cold hard cash is the ultimate dream.
Well, thanks to the huge explosion in the industry’s worth, there have become countless ways in which a gamer can take their experiences to the next level with a plethora of ways to make money playing video games. Here are some top tips and ways in which you can begin to make money from your favorite games.
Bets And Wagers
Betting on video games has become a popular pursuit for those gamers out there who want to flex their experience and knowledge of their chosen title. The professional community of these games is where this pursuit is most common, with Esports betting and wagering becoming more and more popular at sites like Unikrn.com.
Betting on the biggest matches and tournaments is the most popular thing to wager on, with Unikrn and other sites offering the most complete collection of season outrights on the winners and losers, as well as live in-play odds on as many exotic game-specific markets as real-world sports fans have come to appreciate.
The idea of betting on video games is still very much in its infancy, so the chance to get ahead of the curve, flex your knowledge and hone your wagers to beat the markets is a great way of earning some extra cash from your passion.
Unikrn is also home to a revolutionary new player vs. house skill gaming mode that allows users to back themselves in real money earning games. UMode utilises a unique blockchain-powered backend that allows users to synch up their own personal gaming accounts and bet on themselves playing their favorite games.
Unlike traditional player vs. player money matches that you might be familiar with playing with your friends, UMode’s player vs. house format eliminates the risk of sharks or unfair hustlers by presenting players with set challenges that they can choose from and how much they’re willing to back themselves with.
Get Into Streaming
Twitch.tv is one of the biggest sites found online, and is the home of all the world’s biggest live streamers. Streaming has become one of the biggest forms of entertainment for the world of video games, earning millions of viewers and establishing some huge followings and careers for the biggest of personalities out there.
The likes of Shroud and Ninja have become almost as iconic outside of the server as they are on their respective channels, netting themselves some pretty lucrative friends, investments and making the streaming life look an enticing pursuit.
Becoming a popular streamer either requires you to be one of the best players in the world in your game or is such an engaging personality that people can’t help but follow you over other channels. Donations and subscriptions are the most common way of making money through streaming, with Twitch taking 50% of the revenue for a subscription as a hosting fee and letting you keep the rest!