How To Make Money Online With Video Games – The video game market is one of the richest industries in the world. This platform is supported by billionaire investors and thousands of employees. Within this economic sector, there are many ways to earn money.
Therefore, if you are a lover of video games and you have been looking forward to monetizing your hobby, in this piece, we will explore 10 ways in which you can get paid while playing video games. You don’t need any technical skills. All that is required of you is to carefully read this until the end to find out you can make cool money. Let’s dive into it!
The video game market is a multi-billionaire industry that has a lot of profit potential. As a matter of fact, the global video game market was valued at $195.65 billion in 2021 and is said to increase by 12.9% by 2030. This industry also has about 268,698 employees.
This is telling you how big the gaming industry is for this huge number of people to be sustaining the industry. Besides the huge number of employees, the video game industry is also supported by many bodies such as beta testers, bloggers, brand ambassadors, and others.
Therefore, there is enough room for you as a video gamer to also make extra income from this industry. Below are some of the methods or ways in which you can get paid for playing video games.
Some of the ways highlighted here require you to be a skilled and consistent game player or developer. There are also some that just need your gaming enthusiasm, and willingness to work. Regardless, below is our list:
If you are an expert in video games or you are an excellent game developer, Video game coaching is one of the best options to consider. Depending on how good you are, video game coaching will earn you a lot of money as sessions usually cost between $20 to $200 per hour.
Basically, all that you need to do as a coach is to supervise and instruct other gamers through classes, tutorials, and screen-sharing walkthroughs. If you are interested in this line of jobs, Gamer Sensei is one of the best platforms to apply for a video game coaching job.
On this platform, you will be able to set your own price rate and duration but the standard price ranges from $30/hour and above. However, not all coaches that apply, get in but you can try a freelancing platform like Fiverr. On this platform, you will be able to pitch for jobs and find clients yourself.
To get jobs on Fiverr, you have to create a well-structured profile, including your video game credentials and other needed documents. Unlink Game Sensei, your rate on this platform will be based on your experience, the popularity of the games you play the best, and how competitive the market is.
- Play and Get Paid Game Apps
Another way to make money through video games is by playing video games on some smartphones. Some of the smartphone applications that pay video gamers for play include Mist
● Mistplay: this is one of the best apps for gamers looking to earn money with their hobbies. Mistplay uses free gift cards as a reward to its users. The platforms also reward you for the amount of time you spend playing on the mobile app. Mistplay is free for all users and offers authentic gift cards from retailers like Amazon, Google play, etc.
You can as well earn money with your gaming skills by making video game guides on social platforms like Youtube. You can make videos on varieties of gaming content such as ‘how to know if a game is interesting, how to play a particular game, answer some frequently asked questions, and much more.
You can as well share tips and tricks for beginners, tips for experts, industry news, and other informative and entertaining commentaries on several games. Once you are consistent with creating valuable content, you will be able to monetize your page through;
- Advert commission from brands that wants you to promote their products
- Affiliates marketing and sponsorship.
However, to get started as a content creator in this industry on Youtube, you will need equipment such as a microphone, camera, and editing software to produce top-notch videos.
If you are an excellent writer and you are still a lover of video games, then you will earn substantially as a game journalist. This career path involves reporting the latest news updates on video games, writing game reviews, and running commentary from e-sports tournaments.
As a game journalist, there are two ways in which you can get paid. You can either work and get paid as a full-time staff writer for a gaming publication or as a freelance writer. This job is highly lucrative as the average salary of a game journalist ranges from $26,000 to $100,000 yearly.
However, payment depends on the company, your experience, portfolio, and writing skills. Additionally, if you want to become a force to reckon with in game journalism, you must possess strong writing skills and preferably a degree in journalism or a related career.
Although, this is not a consistent source of income but winning a video game tournament can be life-changing. Competing in competitive games like call of duty, Fortnite, League of legends, etc can turn you into a billion naira.
Timothy Miller, one of the world’s best e-sport tournament winners, earns about $322k yearly in cash for participating in one of Fortnite’s tournaments. Aside from participating in a game tournament, you can as well be the tournament organizer.
So if you are an excellent event planner, you can host a gaming tournament, charge entry fees, and recruit eligible sponsors to make the event a blissful one.
Finally! You’ve got an entire list of options to consider if you are looking at earning by playing video games. These ways are for different personalities and are based on individual interests. Therefore, read thoroughly and make more research to see which fits you the best.