Most of the people who follow this path give up within a few years or months because they no more see games as games; instead they see them as a source of money. It spoils the fun of playing games. Due to this, they start hating playing online games which they once loved.
It's not something you should do unless you are ready to commit your time knowing that it may not work out. But it's totally possible. Below are some ways to make money by playing online games :-
LIVE STREAMING
Live streaming is an effective way to earn money by playing games. If you play well enough, you will get a large and loyal audience which you can monetize by ads, donations and subscriptions. Youtube and Twitch are great platforms for live streaming.
It takes time to gather a large audience. You may not get 10 views for several months; also you may not get 100 views for years.
The harsh reality is that most of the streamers never get that much views. To earn money by live streaming online games, you need thousands of regular views.
MAKE GUIDES AND TUTORIALS FOR ONLINE GAMES
Guides and tutorials are very useful for rookies or beginners especially for multiplayer games (PvP). There are many ways like making a website for posting guides, uploading video tutorials on Youtube, or publishing ebook guides. The first two are monetized by ads and donations, whereas the ebook earns money through sales.
Almost any person can write a guide. To make money from it, you may need to make guides for popular games, but more popular the game, more competition you will face. To make your guide different than others, you may need to give more information of the game than the others. For that, you may need to give a lot of time on collecting information on the game.
GAMING TOURNAMENTS AND SCHOLARSHIPS
Tournaments are a great platform for PvP games. The more popular the game, the higher the reward for winning. If you are good enough to join an eSports Organization, you can earn a considerable amount of salary through winnings and scholarships.
Not everyone is skilled enough to win. You may be a pro player, but you can still get knocked out quickly in a tournament with zero earnings. Even if you do win some money, it may not be enough for covering the cost of flights and hotels. If you can't consistently win, you can't live through the winnings.
TEST GAMING
Every game goes through some developments before it's release. Before completion, developers need some people who test their game by playing. As a playtester, your task is to go through everything the developer wants you to go through, including finding any bugs or glitches.
In today's time, it's easy to be a game tester, but it can be really tiring. Playing intentionally to break games gets boring eventually, when you have to keep checking things after every revision. The pay is also not much and unless you are on a considerable position at a reputed game development company, most game testing jobs are for moblie games.
SELLING ACCOUNTS OR DIGITAL ITEMS
If you have spent a great time in some games, you might be able to sell your account or in-game items to other players. You may not make a huge amount of money from this, but you might be able to earn enough to make your next game purchase.
You can also sell your account or get paid for levelling up an account of other player if you are more skilled than him/her.
CONCLUSION
Games are fun as they make you forget about the real world and you can do almost anything you want in a fantasy world. When you see gaming as a job, the "FUN" aspect disappears. Still want to earn money by playing games? Think wisely before making it your career. You may regret it. There's also the option to create your own game and earn money by sales, but games take a lot of time to develop and require a different set of skills.
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