There are numerous ways to earn money online. Some people have started YouTube Channels and some people started blogging. You may have also heard of folks who make money by playing video games and posting recordings of themselves doing so on social media platforms such as Facebook and YouTube. We can say that online gaming can be a lucrative method to supplement income.
You can earn money by playing online games during your free time, even if you do not post your own videos playing online games. But in order to make money by playing games, you must first identify appropriate and legitimate applications or sites that will pay you actual money to play their games.
Do Online Games Really Pay?
Yes, you can make money by playing online games. It’s not too good to be true! Choosing the right platforms and games is the key to being paid. You could gain plenty of tokens, but you can’t make your wins in real cash with some games. Still, other games pay in actual cash for your wins.
One wonderful technique to increase your income from online games is by playing a money-making game, partnered by a platform like Swagbucks, to pay you for your online activity. With this strategy, you may directly earn money from your game, and at the same time earn money through Swagbucks.
How Much Can You Make with Online Games?
The amount of money you may make playing online games is determined by a combination of time, chance, and gaming experience. Professional gamers earn $60,000 per year on average, with top earners earning up to $15,000 per hour.
Many online games are so entertaining that you’d play them even if you weren’t paid. Because you’re making money through having fun, you might be less concerned with optimizing your earnings when playing these games. Some online games will reveal statistics such as the number of users, the amount of money paid, and the average payout percentage. This can have a significant impact on how much money you can make.
Remember that in games of chance, such as online slot machines, each spin is determined by a Random Number Generator (RNG). The numbers are produced at random, and the algorithm has no idea whether you’ve just won large or whether you’ve been playing for hours.
What’s the Best Type of Games that Pay Real Money?
Video games almost never pay you directly. However, you can earn real money by participating in video game tournaments, farming out leveled-up characters, or becoming a Twitch streamer. In one extreme scenario, celebrity gaming player Tyler Blevins, called Ninja, has earned approximately $10 million in online games. He’s an active social media personality and has a successful YouTube channel. He’s even released a book about how to improve gaming skills.
Many players also gain money by being a videogame tester. You may get compensated for your skills on PC, Xbox, Playstation and Nintendo consoles by working directly with game producers to test beta versions.
Another option to earn money is by playing online slot machines. It is usually available on a mobile application as well as via website. In certain circumstances, you have to buy in to start playing, while other times, you will start with a deposit bonus when you sign up.
Approximately 8% of smartphone users play casino games online. However, it can be a bit tough to find money-making game apps since the Apple App Store doesn’t allow rankings for these applications. And Google prohibits access to real-money gaming apps for Androids.
How Do Games Pay Out?
Each gaming site pays a little differently, so read the rules and regulations before you start playing. Consider the site’s payment options first. You could get gift cards, online currency, prepaid credit cards, a check or online currency.
Then there are payment schedules to consider. Some websites will pay you whenever you make a request. Others have payment plans that are weekly or monthly. Other sites may need you to have a particular amount of money in order to pay out.
What to keep in mind
Most of the time, you will not be compensated in cash right away. Rather, some sites or applications may employ cryptocurrency-type tokens or what these sites refer to as “coins,” which may be converted into gift cards and the like. Make sure to do your research and find legitimate and real apps that won’t waste your time.