How do Professional eSports Players Make Money: Just like with traditional sports like football, cricket, and hockey, eSports offers many money-earning opportunities to players. By knowing the tricks, you can win eSports bets or tournaments. For example, if you are a fan of the NFL, then you have a chance to win an NFL bet by keeping a hand on the NFL lines, predictions, news, and Vegas NFL odds.
Professional eSports players participate in tournaments like X1 racing league and can win the prize money. But, it is not a consistent way of making a profit as the chances of winning are not the same every time.
Moreover, tournament winnings depend upon the performance of eSports players. Therefore, to start an eSports team, you need to understand that the biggest esports tournaments will not be enough to make money for the long term.
Sponsorships and Partnerships
Thanks to the growing popularity of eSports, the players don’t need to rely solely on the tournament prize money. Instead, in the eSports industry, sponsorships help professional players or teams make up most of their revenue.
Brands realize the influence of eSports and approach players to promote their products, for which they are ready to pay a good amount to the players or teams. Electronics and hardware companies are some of the biggest partners in eSports.
Streaming And Content
Also, eSports players do the streaming of their games. This makes them popular on platforms like YouTube, Instagram, Facebook, etc., from which they start earning a good amount after gaining likes, views, and subscribers. Popular eSports streamers have a consistent audience, making it easier for them to earn sponsorships. This is how a streamer also becomes a brand ambassador to make money from eSports.
Team and Athlete Merch
Once an eSports team or player has millions of followers, selling merchandise becomes an additional revenue stream. There is a huge market for esports that is growing at a rapid rate, similar to basketball or football team merchandise.
Popular eSports teams find success in selling their t-shirts, coupons, stickers, hats, and much other stuff with their brand on them. When fans like a team, they’ll often wear that merchandise to help fund the players or team.
All in all, esports is a popular industry today. It offers various opportunities to make money to both players and the team. eSports tournaments, sponsorships, and revenue streams work as money-making machines for many eSports players.