While there are many ways to earn money from playing games, online gaming tournaments are probably the most lucrative way. The amounts of cash and prizes you can win on them are often mind-boggling. It's easy to play, you have 5 attempts, you just need to click on 'Play' to spin your luck! If you get 3 of the same Cash App Amount types you WIN! Thats right and the best is, you can win up to $500 cash app money!

Earning cash while playing games sounds like a dream come true for many of us. While there are many ways to earn money from playing games, online gaming tournaments are probably the most lucrative way. The amounts of cash and prizes you can win on them are often mind-boggling. It is not unheard of to have a cash purse in seven figures for the biggest tournaments.

They are organized for the most popular games, like Dota 2 and League of Legends. They even had a new term coined for these events, labeling them esports. Companies like ESPN, Twitch, and YouTube are prepared to pay millions to secure exclusive media rights. The biggest names in the gaming industry are fighting tooth and nail for the opportunity to be sponsors at these events. They add a pool of prizes to go with already enormous cash winnings. The downside is that the competition in these tournaments is very fierce and only the best players and teams have a chance of winning. Unlike playing online slots, which also offer a lot of opportunities to win big, esports tournaments require a lot of skill. These are some of the games you can choose from.

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Biggest Gaming Tournaments – League of Legends World Championships

Released in 2009, League of Legends is a fairly old game. By 2013, it has become the most played online game of all time and is still holding that title, almost a decade later. The reason for its popularity is that it has a rather simple set of rules that are easy to learn, but hard to master. This makes it the ultimate esports game. The premier tournament is called League of Legends World Championships. Unlike many other tournaments, where all you have to do is pay the entrance fee, LOL WC is set up differently. If you want to participate, you have to win one of the regional tournaments. Only then will you get a chance to compete for the Summoner’s Cup and one million dollars cheque that comes with it.

Call of Duty Championship

Call of Duty is one of the most popular and successful franchises in the gaming industry. It consists of numerous titles, spanning the history of warfare from World War 2 to modern and even future times. Call of Duty Championship is played on the latest title each year. In 2018, it was Call of Duty: WWII, while in 2019, the players competed in Call of Duty: Black Ops 4. To qualify for the CoD Championship, players must compete first in either The Call of Duty World League or Call of Duty Pro League. Only those with a sufficiently high rank in those two competitions can enter the Championship. In 2020, the organizers have decided to give amateurs a chance to compete for the prizes and have allowed them to enter both CWL Open Bracket and CWL Finals.

Counter-Strike: Global Offensive Major Championships

Counter-Strike is probably one of the most iconic games on the planet. Originally, it started as a mod for Half-Life, but soon outgrew it and its latest version, called Counter-Strike: Global Offensive, or CS: GO for short, is a standalone game. The biggest competition is called Counter-Strike: Global Offensive Major Championships, or simply the Majors. It is held twice a year, hosting the best teams and players of the game. The prize purse is $1 million and is among the most prestigious tournaments in the world.

Preparing for Gaming Tournaments

Just having quick reflexes won’t get you far in competitive gaming. You also have to have a deep understanding of the game’s mechanics. For instance, it would be smart to know everything about how slot tournaments work if you are planning on joining one. You should also take a look at the most popular slot games, just to make sure you will be familiar with them, in case you aren’t already. Only then should you pack your bags and make hotel and travel reservations. Many people make the mistake of thinking that playing in a gaming tournament is the same as playing in their bedroom against their friends. Nothing could be further than the truth. The surroundings, the atmosphere, and the menthol approach are vastly different, and if you can’t adjust to that, you might as well give up and watch the whole thing on Twitch instead.

Check more here: https://www.askgamblers.com/gambling-news/blog/how-do-slot-tournaments-work/.

Make Sure Your Team Is Ready

Your team should be your biggest concern, especially if this is your first tournament. At this point, many players simply aren’t committed enough, and calls from your teammates canceling their participation are a common thing. You can’t do much about that, apart from keeping tabs on them and having replacements lined up. That way, you will have a player ready to jump in at the moment’s notice. Even with this system, it may be tricky if cancelation happens just days before the tournament. That is why the best strategy is to make sure all your teammates are committed before you accept them in the first place. Even so, life often finds a way of throwing us a curveball, and having replacements handy is always a smart idea.

Take Care of Your Money

If you plan on making a living from gaming tournaments, you need to make sure that you manage your money properly. Even if you don’t win, usually there is enough of a prize for lower places that can keep you going from one tournament to the next. To be able to do so, you need a tight budget discipline. One of the biggest savings measures is to carry your food and drinks. Buy a cheap cooler and pack everything you will need in it. This way, you will avoid paying those ridiculous prices people charge inside the venues during a tournament. This and several other handy tricks will keep you in the game long enough until you can score a big prize.

Making money is a universal interest for most people. Even a casual browser of MoneyPantry knows that I, too, share that passion!

I also like free money, which is why I have talked about, and listed 40 companies that give you practically free money, before.

But today, I’m not going to talk about making money or somebody giving it for free.

Instead, let’s talk about winning money!

That’s right, today I’m going to talk about how to win money online. Whether it is contests, sweepstakes, or lotteries, we’d all like to win something once in a while. So this article is dedicated to those ways you can get money that are more unlikely, but have greater rewards than normal.

What Is the Best Way to Win Money Online?

While there are several ways to go about it, winning money online isn’t quite as easy as making it. That is because there is such a limited number of options to “win” compared to the very broad idea of “making” money.

But rest assured, there are ways to win.

The best way to is to enter sweepstakes, which we’ll talk about in a moment.

Now there is a difference between sweepstakes and contests, or lotteries. It is most definitely a sweepstakes which will give you the most bang for your buck.

Below, I’ll list some options for winning money. These should give you some ideas behind the process and help get you started!

1. Enter Sweepstakes

I’ll put this one front-and-center because it is the most tried and direct method of simply winning money.

What do you do?

You enter the sweepstakes. Then you hope you win. That’s it.

Best Bingo Site To Win Money

A sweepstakes is different from a contest or a lottery in that it is the most “free.” A contest requires some kind of entry, usually a display of skill like writing an essay. A lottery requires that you purchase participation. Sweepstakes, on the other hand, are free entry and free payout (the best of both worlds!)

If you want to get going with sweepstakes, here are some legitimate places to enter:

2. Enter Online Lotteries

While we know that this isn’t the absolute best option, it is a definitely way to win money online.

Do be careful and make sure you scam-check the site before participating. A quick Google search for “(site name) + scam” will tell you what you need to know.

Make sure not to sink too much money by participating in online lotteries. The goal here is to leave with more money!

3. Bet on Weight-Loss

As you may recall in my list of ways to earn extra cash in 2016, there are sites where you (and others) come together to bet on your own weight loss.

The premise is simple: bet your money, set your goal, lose that weight. If you don’t meet your goal, you lose the money. If you win, you win the money. It’s a win-win.

4. Try out MoneyCroc

Best Gambling Site To Win Money

MoneyCroc has an interesting premise: refresh the page until you earn money. You can choose what amount you’re trying to win, and you have a higher chance of success with lower amounts of money.

The public opinion on MoneyCroc is split. On one hand, there are no explicit complaints of scamming. On the other hand, there are few explicit statements of winning money. This one is undecided, but you may as well take a look for yourself.

5. Enter a “Swagstakes”

An option just for you SwagBucks users out there. A few SwagBucks will get you an entry into one of their sweepstakes, which will net smaller gains than a normal sweepstakes, but also have less competition.

This is a good option for the more prudent readers out there, who are interested in making small gains. If you are already a SB user, there’s no reason not to enter these periodically and try your luck.

6. Betting Online

While I can’t directly recommend that you go gamble online (the legality varies by area,) I must point out that there are ways to do it.

In the US particularly, there have been movements in the last decade to limit or eliminate online gambling. So if you are a US resident, read up very carefully before you start!

Furthermore, I must point out that this is a risky option. Losing money is the opposite of what you want to accomplish here, so be careful! However, if you would like to read more, this website has a lot of good information.

Parting Thoughts?

My parting thoughts are that it is absolutely possible to win money online! There aren’t quite as many ways to do it as I’d like, but it is good to know that it is possible.

While I did list some non-free options up above, I must reiterate to never spend more than a few dollars on this sort of thing. There is nothing wrong with dropping a few bucks for a chance at much more, but if you take farther than that, you might end up getting burned.

However, there’s no reason not to sign up for all the sweepstakes in the world. So if you get the opportunity, do it! Though, you might want to make a separate email account.