I was born in the 90s — a decade spent counting pennies and saving pocket money for the next big Spyro game on Playstation 1. We weren’t to know that gamings heyday was yet to come.
With a shift in technological advancements, the modern era tells a very different tale. One where downloads mean games can be played at the click of a mouse.
And players are Carlton dancing their way to thousands — if not millions — of dollars with Fortnite Battle Royale.
Nowadays, money that can be earned by playing online games is no joke. I only wish Halo 3 is released tomorrow, then perhaps I could join in on the action too.
Yet, the gaming industry is held at arm’s length, still not getting the plaudits it deserves.
For many old heads the concept of earning while gaming is strictly juxtaposed with reality. They say ‘get a real job’ or ‘that’s no career’.
But in truth, online gaming has never been more fruitful and its popularity grows incrementally year on year. It’s about time we took notice and question: How does this all work?
Read on to learn more about the online gaming industry and how gamers are earning a wage doing something they love.
Try your hand at an online casino
First and foremost let’s start with the obvious: online casinos.
Digital casino games have come a long way since I played solitaire on the Windows 95 Entertainment Pack. Competitive gambling sites and casino tables are just a Google search away; finding a place to play is more simple than ever before.
Additionally, sites are generally accommodating to your interest. If you fancy trying out an online casino, there are tonnes of welcome bonuses like 50 free spins and no deposit bonus options.
A 50 free spins casino will allow you to get a few wins under your belt without putting pressure on your bank account.
However, gambling doesn’t foster a particularly reliable revenue stream. Wins are streaky at best. And yes, you can make money on the odds bet, but you can lose a load more on the next.
Unless luck is forever in your favor, to have a stable career in gambling is a pipe dream. For most, the odd flutter online remains a hobby for fun rather than a feasible career option.
Compete in esports tournaments
If you want to see where the real money is made online, look towards the rise of esports. There are numerous gaming tournaments taking place across the web. Each attracting waves of fans and flush sponsorship deals. G-fuel anyone?
The big tournaments guarantee a big payday, with the Hearthstone World Championship handing teams $250,000 in base prizes alone. And that’s not counting crowdfunded prizes or team sponsorship deals.
But if you’re talents are waiting to be discovered, there are loads of open cups available for everyone to gain recognition and earn some cash.
In the case of PlayStation, the console platform hosts regular tournaments for PSN subscribers. And better yet, you won’t be restricted to competing in traditional games like Dota 2 or Overwatch.
Instead, the events provide opportunities in more general titles like 2K20, Fifa, and Call of Duty. That way it caters to everyone and there’s scope to find your niche.
Gaming isn’t a mere hobby anymore. Mastering an online game and finding a way to get paid for it, is comparable to sports stars, or any other skilled jobs.
Football clubs even sign talented gamers to contracts and represent the club badge digitally. Such a feat only serves to affirm the economic viability of a professional gamer.
Who’d have thought those guilt-ridden hours playing Fifa 2004 could have primed me for a real trophy later down the road.
Become a Twitch streamer
Casinos and esports tournaments are one thing. But in today’s modern world, online gamers are even becoming bonafide celebrities.
Social media is an online titan, providing ways for people to monetize their personalities. But none have perfected the crafted quite like Twitch streamers.
Online streaming is a novel concept, where viewers gather in droves to watch someone else play their favorite game. As a person who tunes in every once and a while, I can only assume its because of the sense of community.
Streamers are experts at chairing audiences and keeping people entertained. And whether or not money was the motivation, it’s certainly a byproduct once they amass a few followers.
From paid subscriptions, voluntary donations, and regular ad rolls; the potential revenue streams are plentiful.
If you want an extreme example of where Twitch streaming can take you — Fortnite gamer, Ninja, reportedly rakes in a whopping $500,000 a month from subscribers alone.
Recommended reading: Online Games Which Will Test Your Courage
In short: you can make a lot of money playing online games. It is a modern industry, constantly evolving alongside the golden era of digital technology.
But gaming is by no means a get rich quick scheme. Success is not easy to achieve, otherwise, everyone would be doing it.
Whether you’re mastering a poker face, becoming elite at a video game, or entertaining enough to command a following — earning a living takes hard work, dedication, and skill.