Earn Over $50,000 Per Year As A Professional eSports Gamer
by Admin Joe
published – Sept 12th 2022
The business of professional gaming seems so appetizing on the surface. Many of the biggest and best competitive gamers in the world are able to monetize their passion and make a living just from playing video games. With perks like this, it’s hard to believe that it’s even a real job.
Although, it’s important to acknowledge that many individuals and teams don’t make the grade in this work. To put a finer point on it, they end up earning a much smaller fraction of this income (if anything) compared to their rivals.
From an outsider’s perspective, this causes players (particularly beginners) to ponder several questions. They might ask how much money do legit esports pros earn and how to actually go about earning pay to play?
Career earnings & average income
Globally, the esports industry generates hundreds of billions of dollars worth of revenue every year. That figure has been steadily increasing, projected to go even higher.
When it comes to successful professional gamers, the middle of the pack tends to earn a salary of $30,000 to $50,000 per year approximately. The highest-paid esports professionals can earn six figures per year competing in various tournaments in arenas around the world.
The whole process kind of becomes a zero-sum game of win or lose. This is unless you are earning some extra money with other part-time side income streams rather than just aiming for the competition prize money.
Discrimination, eligibility & other requirements in professional gaming
Like with many other jobs and industries, there is a staggering gender pay gap in the world of esports. As you might suspect, male gamers earn a lot more than female players in this environment (however unfair that may be).
My advice is for you to consider whether or not the rewards are worth it before jumping in with both feet. Gamers can also face problems like age limits if they are currently a child or a teenager looking for opportunities to get into esports competitions and events.
If you feel that you might be held back in esports for whatever reason then there are much easier ways to make money gaming. One of my favorite methods is through a smartphone app called mistplay. Amazingly, this company will pay you to play mobile games on your electronic device.
How to make money with viable methods of monetization in eSports
The main reward for top esports gamers on their career path is conventionally some sort of cash prize. Normally, only one person out of a large pool of players can win this.
It increases the risk of you more than likely leaving a competition empty-handed. However, you can divide the winnings up between members if you are competing as part of a guild or a clan.
Esports professionals and teams may get a cut of the ticket sales of an event depending on qualities such as fame and popularity. Number one gamers can also profit through advertising by promoting products and services at events.
Furthermore, the most famous esports pros can get sponsored by top-paying companies and businesses as a way of earning extra money. Although, bagging a sponsorship deal that pays well often hinges on your general value and quality in the eyes of spectators. Sponsors are in fact where the lion’s share of an esports gamer’s revenue comes from.
The most popular esports stars can use other techniques to achieve growth in their finances by selling merchandise at stalls within these live events.
These places offer many benefits as they are typically full of customers with disposable income willing to buy merch. Another advantage to selling merchandise is that payment will happen immediately and upfront.
Plan for business expenses on your journey
You need to think about your responsibilities in terms of the expenses that go into being an esports gamer. This is especially true when you consider the tools and resources required to attend legitimate events miles away from your hometown or in foreign countries.
You will need money for accommodation and travel which can bite a large chunk out of your finances and severely affect your work life balance. Additionally, esports participants may require a bit of capital in order to cover tournament entry fees that some competitions enforce.
You might end up departing your trip with an overall loss if you get knocked out of the competition early without bringing any money in. For this reason, you will need to assess your options and figure out if attempting to earn a living from this is even worthwhile.
There is quite a diverse sliding scale when it comes to the wages and earning potential of your average esports competitor. Some of the richest professionals play to earn real money and thrive from it. Others are barely able to scrape together a full-time income at entry level (starting from scratch).
The majority of gamers that exist within esports culture don’t win any prize money. Some unfortunate souls even end up in the red due to the necessary expenses of attending events.
On the other hand, we now have a guide when it comes to grasping a better understanding of the different ideas for income streams that an esports pro might pursue for their salary in the future.
A good idea might be to set goals for yourself in terms of how much money you wish to get paid from esports over a year, for instance.
This will help to give you something to strive for in your work as you rack up experience, boosting your overall development. However, the goal should be reasonable yet challenging at the same time.
If you want to learn more about esports and other ways of earning while playing video games then I would suggest you read this ebook in particular. Reading non-fiction and self-help books is a great way of absorbing information in order to reach the next level in your career.
Putting money aside for a second, this job has quite a lot of moving parts you need to be aware of. You can receive support and learn the ropes more easily by looking at How To Succeed & Make Money As An eSports Pro.
Find out more about the potential earnings of an esports star with Qrius and InvenGlobal. How much money do you really believe you could earn as an esports pro? How long do you think it would take to reach the financial success of the very best esports stars?
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