BDG Game App tournaments, like Electronic Arts’ Madden championships, are bringing in big bucks for gamers, and they’re just the tip of the iceberg when it comes to ways to make money as a gamer. There are five prime sources of income for professional gamers: prize money, salaries, advertising, streaming, and sponsorships.

Prize money is perhaps the oldest and simplest way for gamers to make money as players. When a player places high enough in a tournament, they receive a share of the overall cash prize pool — similar to a golf or tennis tournament. Prize pools are especially common in team competitions such as Dota 2’s The International, where esports teams compete against each other from around the globe.

Money Making Gaming: Side Hustle or Full-Time Career?

Another way that gamers can make money as players is through subscriptions. Streamers on platforms such as Twitch can earn money from people who subscribe to their channel, typically at a rate of $5 per month. Then, whenever there’s an ad that runs during their video, the gamer gets a small cut of the revenue from the company who purchased the advertisement space on the platform.

As more companies realize the value of esports, there are more opportunities for gamers to make money. Some of these opportunities include securing sponsorships, participating in live events, and offering coaching or consulting services. However, it’s important for gamers to understand that there are also a number of risks associated with these opportunities. To avoid these risks, it’s best to do some research before pursuing a new opportunity. Look at app store ratings, reach out to customer support, and stay aware of the latest trends in the gaming industry.