How To Make Money From Esports
With the Esports market’s growth comes many excellent opportunities for people who are willing to use them. Massive competitive games like Counter-Strike: Global Offensive or League of Legends gather large audiences and consequently, significant sums of money.
Nowadays, earning money by playing a video game is a perfectly valid way to make a living. Nevertheless, you do not have to be a professional Esports player to get a slice of the pie. If you wish to learn more about the esports industry and how can one gain money in it, read on:
Streaming
Streaming is the most common way to make money in Esports. The most popular streamers earn thousands of dollars each month, playing games like Dota 2, CS: GO, PUBG, or others. Many video game streaming platforms are available right now, like Twitch, YouTube and more.
The most successful streamers are good, if not great at the game they’re playing. They also build a strong community by interacting with viewers. Finally, it’s essential to promote yourself through social media and your website. Fortunately, there are many guides on how to become a successful streamer, so you can read one of them to help you succeed. Also, aspiring streamers can get some ideas about promoting themselves from this article.
Betting
If you are interested in betting on Esports matches, you need to be aware of what’s legal and what’s not. Illegal betting is not very safe because it is often under the control of malicious individuals, whereas legal betting has a lot of advantages. You are more likely to win because the odds are released by experts. Legal betting is also completely safe because it is regulated by the government.
The Esports industry provides plenty of opportunities for advertisers. Organizers of tournaments can provide event sponsors with exclusive advertising space on the stage where they host their tournaments. Moreover, they could also place ads in live streams broadcasted from the tournament venue. By doing so, they could significantly increase their revenues.
Sponsorship
Sponsorship is an agreement between a company and a specific player or team. In such an agreement, a sponsor gives money to the person or group who uses their name on their clothes, equipment, or social media accounts. This relationship usually lasts until the end of a specified contract or until one of the parties decides to cancel it.
Every sponsor values the reach of their advertisement; therefore, they usually pay more to those players who can promote their products to a larger audience. For example, if a sponsor wants to advertise in the English-speaking market, they would probably pay more money to an English-speaking pro gamer than they would to a German one.
Betting on Esports Tournaments
Betting on tournaments is one of the oldest ways to make money in Esports. There are two types of bets when you are betting on esports: match and event bets. You can make a match bet by predicting the winner of a single match between two teams. An event bet is where you predict the winner of a tournament (or portion of a tournament).
Top 10 Esport Platforms in India:-
- Dream11
- Winzo
- MpL
- RummyCircle
- First Games
- My11Circle
- Gamezy
- Rummy Culture
- Rummy titime
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