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, Source of Income: How To Make Money From Video Games | message, Forex-News, Forex-News
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Source of Income: How To Make Money From Video Games | message

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, Source of Income: How To Make Money From Video Games | message, Forex-News, Forex-News


, Source of Income: How To Make Money From Video Games | message, Forex-News, Forex-News

From hobby to job

If you want to turn your hobby into a profession and want to earn money with video games, you should be aware that this job is not only associated with fun. Gaming as a profession requires independence and can only generate a secure income after some time and certain successes. We are going to introduce you to three ways how to make money with video games and a good strategy.

Stream

There are many different options for making money playing video games. One of them is to stream your gaming experience. The most important requirement for this is sufficient gaming experience. Twitch or YouTube gaming offer the right platform for streaming. It is important to stream regularly and, if possible, several hours a day in order to generate more viewers and thus higher visibility. In this way it is possible to create a group of regular viewers who know when the player is online. Because the more people watch the stream, the greater the likelihood that it will be talked about and thus the range increases. In general, the following applies: The more viewers when streaming, the higher the profit, in that advertising is displayed or cooperation partners become aware of the player and offer paid cooperation.

Tournaments

Players who prove to be particularly successful and talented at a game have the opportunity to win money in tournaments. Most online games have smaller tournaments with little prize money. Often, however, larger competitions are also offered, with prize money in the millions of dollars.
Small tournaments are quite suitable for a small additional income or exercise opportunities, but in order to be able to live on the prize money, participation in larger tournaments is inevitable. As soon as you have been able to prove yourself in some of the smaller tournaments, there is also the possibility of joining a professional game team. Professional game teams gamble professionally and in most cases can live from the prize money, sponsors and advertising income, because the teams are often offered well-paid advertising contracts. It is still a long and, above all, time-consuming road to get there.

In-game trading

In many video games there is the possibility of trading in-game items and thus making money. Most games have their own manufacturer-set currency that can be used to buy or sell various items. Another possibility is to get the items by completing tasks, tournaments or the like. All in all, it often takes a lot of time to design your character and game world according to your ideas. For this reason, the market for in-game trading emerged, because not everyone wants to make this effort. Rare or popular items can sometimes be sold for several hundred dollars on eBay, for example, and thus turn into real money. However, the manufacturer can refer to its terms of use, which the player agreed to when opening an account. These state, among other things, that no player can acquire ownership of in-game items, but that everything is exclusively the property of the manufacturer. So anyone who trades anywhere other than the official in-game market is liable to prosecution.

Finanzen.net editorial team

Image Sources: Minerva Studio / Shutterstock.com



, Source of Income: How To Make Money From Video Games | message, Forex-News, Forex-News

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, Source of Income: How To Make Money From Video Games | message, Forex-News, Forex-News
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  1. , Source of Income: How To Make Money From Video Games | message, Forex-News, Forex-News
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