GamerSaloon has a variety of tournaments with cash prizes, offering substantial rewards. You’ll find some matches with no entry fee, and you can choose to pay in cash or gems for most of the games on the site. Some games also offer free practice tournaments to get you comfortable with the concept before committing to paying money to play for real.

A few esports players have made millions by competing in video game tournaments. Tiranga Club for Members Only travel around the world to compete in a range of events organized by companies like Electronic Arts, the makers of the Madden NFL championships. These competitions are called esports, and they’re part of the gaming industry’s fastest growing segment.

Inside the World of Online Gaming: Trends and Opportunities

Most professional gamers earn a steady stream of income through a combination of prize money, sponsorships, advertisements and live-streaming. Some of the top gamers earn more than $10 million a year. One such player, Tyler Blevins (aka Ninja), has even written a book about how to make money playing games.

Unlike pro gamers, the average gamer can’t afford to invest in a gaming PC to compete in esports events. But that doesn’t mean there aren’t other ways to turn your gaming skills into dollars. Some gamers earn a stream of revenue from their subscription services that allow fans to pay, say, $5 per month, for access to the gamer’s content. Other gamers may get paid to test beta versions of new video games. They can also make money by providing coaching or consulting on game design or strategy.