Intro

How To Earn Money By Streaming Games On Youtube
How To Make Money Online Game Streaming

There are two things about live streaming in 2021 everyone should understand. The first is that live streaming is not only about playing video games and inviting other people to watch you as you do it, even though there’s plenty of that happening around. The second, and maybe even more important, is that for many people live streaming is more than just a hobby – it’s a bona fide revenue stream. So much so that some people can call it a day job.

Believe it or not, people do actually pay you to watch you stream games while you play! This is what makes the Twitch platform fairly unique – users can put money in your “ tip jar ” which causes a small notification on-screen. You might call this a double-edged sword. The amount of money you can earn with Twitch totally depends on the traffic your channel has. Subscribers pay monthly fee of $4.99 to a chosen streaming channel in exchange for a set of features.

But don’t quit yours yet. It’s true that it’s incredibly easy to start live streaming. It’s also true that some people know how to make money streaming, and there’s no reason why you might not learn how to do it, too. You might even be able to learn a thing or two from businesses that are using it – that’s how widespread live streaming has become.

Getting to the point where you pretty much get paid to live stream takes time, energy, and that certain something that will make people want to watch you. The people who are getting rich streaming are an incredibly small minority. On Twitch, for example, the top 5,000 channels get 75% of all viewing time. Twitch has more than two million channels. But if you’re ready to put in the work into making money by live streaming, get ready.

Game Streaming using Cost per Acquisition (CPA) deals are paid for every single player that signs up and makes a no deposit bonus offers using the link that they have provided. The actual earning amount ranges between fifty euros and two hundred and fifty euros. Bigger game streamers may even earn much more than this.
Popular Twitch players receive money from fans who want to watch them play. The players stream video of themselves playing games, and those who watch them play donate money directly, purchase subscriptions, or watch ads. A player with one of the biggest followings, Richard “Tyler” Blevins, reportedly made $5.4 million in 2018.

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The newest way for people to make money on YouTube Live is through a feature called Super Chat. This allows partners to receive money and tips during their live streaming. However, since this is a newer feature, there’s not much data on revenue potential. Still, it’s another tool to potentially increase your revenue.

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Here are some of the most common, hassle-free ways to do it, followed by the ones that require more involvement or are just unorthodox.

1. Getting donations or tips from fans

If you’re looking for proof that your live video streaming hobby/side gig/career is moving in a good direction, the first donation or a tip is a good one. You’ll get a very special feeling when it dawns on you that someone, somewhere, is appreciating what you’re doing enough to send you a couple of bucks.

Most live-streaming platforms and websites allow you to make money streaming by letting viewers send you donations or tips. They usually have integrated services, or even their own “virtual goods” or “currencies” viewers can use for the transaction.

Here’s a breakdown of what some of the major platforms use:

YouTube’s main tipping service is Super Chat. Viewers can use tips to pin messages in your channel’s chat window, making them more noticeable. YouTube also lets users buy chat animations called Super Stickers, and you get a cut of each purchase.
Twitch allows viewers to “cheer” using Bits, the platform’s virtual good. If you’re a Twitch affiliate or a partner, you get around a cent for every Bit viewers use when cheering. The viewers get to write a message that appears together with a special kind of emote, a Cheemote.
Facebook’s tipping service revolves around Stars, a type of virtual good viewers can buy and send to you, giving you a cent per Star. You need to be a part of Facebook’s Level Up program to enable Stars. Facebook also supports fundraising charitable donations for a U.S.-based 501(c)(3).
Mixer has a system where viewers accrue Sparks by watching streams and spend them on Skills – animation and gifs. Getting enough Skills will get you a payout. Viewers can also buy Embers and trade them for more impressive Skills, which get you bigger payouts.
DLive lets viewers make blockchain-based Lino points by interacting with people’s streams. They can send these points to you as a gift.

When receiving tips, remember to give a shout out to the person giving it. If the tip comes with a message or a question during a live AMA, it would be a good idea to prioritize it over regular questions for answers.

2. Regular viewer payments on the streaming platform

What’s better than getting an occasional tip from your viewers? Getting a regular payment, of course. These regular payments usually net you a couple of bucks each, but if you can get enough of them, they sure can add up.

You usually need to meet certain requirements for enabling this kind of support, as platforms keep it for members of their content creator programs. The platforms that don’t have it yet will probably role out this feature in the future, as it’s proving to be a popular way to make money streaming.

Here’s how some of the platforms are handling this:

YouTube has a channel membership program that allows users to join channels with monthly payments. To open your channel to this opportunity, you need to be in the YouTube Partner Program and meet additional eligibility requirements.
Twitch has a paid subscription program that lets you earn from paid subscriptions if you’re an Affiliate or Partner. Your viewers get one subscription for free through Twitch Prime, or they can pay for them using PayPal, Amazon Pay, or credit cards.
Facebook Gaming has a subscription program in the works.
Mixer has a Partner Payments program with subscriptions, letting users set up payments with cards or PayPal.

If the platform you use allows it, you should make content that’s available just to your subscribers. This is a nice way to give your most loyal viewers a little bit more for their support. Also, remember to give a shout out to the people who subscribed, and maybe even give them a mention on their subscription anniversary.

3. Tips and regular payments via third-party platforms

You might not want all your streaming revenue to go through the streaming platform. It’s not like everyone has to be super interested in joining the partnership programs, for example. You might also be afraid of what happens if you lose your status and your standing with the platform. Maybe you just want to keep things separate to make it easier to move from one platform to another, or operate on several platforms at the same time.

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For whatever reason, you may find yourself in a need of a third-party platform you can use to process donations and subscriptions. There’s plenty you can choose from. Some of the most popular options include:

Streamlabs for one-time donations. It integrates easily with Twitch, YouTube, Mixer, Facebook, Twitter, and Picarto, and it offers six different payment options.
Patreon for regular donations/subscriptions. With its ability to let patrons set monthly pledges, Patreon is about the closest thing you can get to the subscription system platforms are increasingly adopting.
GoFundMe or Kickstarter for project-based funding. If you have a project you’d like to complete and you’re looking

How To Earn Money Streaming Games