"The future of gaming is online, and the future of online gaming is entrepreneurship," said Notch, Minecraft creator. This subtly describes the potential of gaming online and making money in the process.
This article explores the ways to make money playing your favorite video and online games and examines other ways to earn from your gaming skills. Below are some insights into how players can capitalize on their passion for gaming in generating income.
How to Make Money Playing Video Games Without Streaming
Wondering how to make money playing video games without streaming? A lot of people often think that making money through gaming is done through live streaming on platforms like Twitch or YouTube. This is not, however, the only way to earn money while gaming. Even with plenty of streaming, countless alternatives do not require a camera or Microphone.
Here are some of the most effective ways:
Competing in eSports
eSports tournaments have massively grown in recent years, with millions of dollars in prize pools for top players. If you have the gaming skills to compete at a high level of games such as League of Legends, Dota 2, or Fortnite, you could make money by participating in tournaments.
Also, some eSports players get sponsorships from brands that want to promote their products in the gaming community.
Game Testing and Bug Reporting
Game developers would often employ players to test their new games before their release. "The biggest opportunity in online gaming is not just playing games, but creating them," said Gabe Newell, Valve Corporation Co-founder.
It's a process that involves playing the game thoroughly to find the bugs and glitches. If you're a detail-oriented gamer who enjoys finding bugs, being a game-tester can be a way to earn money while gaming.
No Deposit Deals
Online casinos and gaming platforms often offer no deposit deals for gamblers. The deals allow you to try out games with little or no monetary risk and still earn profits. Taking advantage of these deals can be a good way to earn without making an initial investment. You also get to explore some of the best casinos in the country known for their outstanding gaming range.
How to Get Money on PayPal from Games
Let's talk about how to get money on PayPal from games. When you earn money with play games, withdrawing into your PayPal account is a safer and more secure way to receive payments. About 54% of people said they are willing to partner with a business that accepts PayPal rather than one that doesn’t. That just shows how trustworthy PayPal and companies that use them are.
Many online gaming platforms offer Paypal as a withdrawal option, and here's how you can do it:
Join Reward-Based Games
Many mobile apps and Online games pay you in points in exchange for PayPal cash. The rewards are often given based on achievements like reaching some milestones in the game.
Freelance Game Services
You can also earn money by offering your gaming services on Fiverr or Upwork. You can charge for account boosting, coaching, or helping others to complete some specific in-game activities.
Play-to-Earn Blockchain Games
These games allow you to earn cryptocurrency or NFTs (non-fungible tokens). You can then convert them to real money using PayPal and sell them on exchanges.
According to a 2023 report from Newzoo, the global gaming revenue is expected to surpass $200 billion, an indicator of a thriving industry with numerous opportunities for players to make money.
How Much Money Does the Average Gamer Spend Per Month on Their Hobby?
Next, let's answer those asking how much money does the average gamer spend per month on their hobby?
Although many gamers are focused on making money, it is essential to understand how much the average gamer spends on their hobby.
On average, a gamer spends $19.56 per month on games, in-game purchases, and hardware upgrades. This varies with the type of games they play, their purchase of physical or digital versions, and how frequently they engage in in-game activities.
In spite of all the costs, you can offset the expenses by earning money from gaming. As a matter of fact, several pro gamers and influencers have turned gaming into a full-time career, showing the possibilities of profiting from your career
Here are some common gaming-related expenses:
- Game Purchases: $40 - $60 per month
- In-Game Purchases: $10 - $50 per month
- Gaming Hardware (optional): $100+ per year
Earn Money with Play Games
Gaming has gained popularity over the last Decade. Once a niche idea, it has now become a mainstream career for gamers worldwide.
Here are some quick tips on how to start making money today:
- Sign up for reward-based games that offer PayPal payouts.
- Join gaming communities to stay updated on tournaments or freelancing opportunities.
- Explore the world of cryptocurrency and NFTs within play-to-earn games for a new revenue stream.
Conclusion
Whether you're a casual gamer or a competitive player, numerous ways exist to make money by playing online games. From earning rewards in play to earning games to participation in eSports tournaments, generating income has now been made easy without streaming. You can explore the opportunities given here. Gaming is now more than just a hobby; it's an opportunity to turn your hobbies into earnings.