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How To Profit From The Rising Popularity Of eSports?

How To Profit From The Rising Popularity Of eSports?

Scified2019-08-05 07:20:45https://www.scified.com/articles/how-to-profit-from-the-rising-popularity-of-esports-7.jpg
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The video gaming industry is continuously growing, with new events being added each day. With the introduction of streaming services, eSports has reached an all-time high. Today, gamers can compete in live events while fans all over the world can watch in real-time. Gamers now have the opportunity to earn a decent paycheck by participating in organized, competitive gaming. A list of ways to profit from the rising popularity of eSports is listed in the article below.

Endorsements

As eSports continues to grow in popularity, the participants are also gaining in popularity. Some of the top players are being asked to endorse all kinds of products. These endorsements are worth a lucrative amount of money. Anyone can become an eSport player as long as they can meet the requirements. One of these requirements is excellent gaming skills. Once you become an eSport player, you will be sought out by companies that want you to endorse their brands.

Depending on the brand, a single endorsement could be worth thousands of dollars. And, if you become a really popular player, you could rake in several endorsements.

Competing

Newzoo conducted research that revealed the revenue from eSports will surpass $1 billion by 2019. Everyone, including the players, video game developers, and brands, can profit from eSports. One of the most popular video games, Madden 19, has been featured as an eSport tournament. EA Madden Franchise has reported profits that total over $4 billion.

Esports tournaments can offer prizes up to a $1 million. The winning team will take home the prize money, which is split between all of the players. Some players are reporting hundreds of thousands in profits. If you are lucky enough to become a top player, you could earn up to seven figures a year.

Become An Event Organizer

If you have the time and money to spare, you should consider becoming an eSport event organizer. Organizing one of these events could earn you thousands, if not millions in profit from ticket sales. Ticket sales from the 2017 League of Legends tournament brought in $5.5 million. While the proceeds from the ticket sales are split between the players of the winning team, the event organizer will also receive a portion of that money.

If you login Sbobet, you could win a decent amount of money. But, if you want to put your gaming skills to the test, you should consider enrolling in an eSport video gaming tournament.

Find Sponsors

If you are already an eSport player and want to increase your earnings, you will need to find sponsors. Many companies and individuals will sponsor players to bring awareness to their brands. Newszoo estimated that brands would invest up to $694 million in eSports tournaments in 2018.

Afterward

Video game players with excellent skills and spare time are encouraged to become an eSport gamer. Current players are earning annual six- or seven-figure salaries. Everyone can benefit from these events, players, fans, brands, sponsors, and organizers. The organized, competitive video gaming industry is expected to bring in $1 billion by 2019.

Written by ChrisPublished on 2019-08-05 07:20:45
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