eSports Players Can Now Win Millions of Dollars
In the last five years the payouts at top eSports competitions have become outrageous. Obviously, the size of the prize pool is no indication of the prestigiousness of the event, but it can make a big difference to who turns up to take part. When eSports prizes first started being given away they were minor items such as a Rolex or Ferrari car. While they were considered remarkable at the time, there is little comparison with the prizes given away nowadays. Many of the prize pools of today are large enough for players to retire on.
Why are the eSports prize pools so big? A big part of it is the popularity of crowdfunding. Many developers are offering unique in-game items to players so that overall prize pools can be increased. Valve has been very successful at employing this kind of model and to date DOTA 2 and Counter-Strike: Global Offensive have been the best examples.
eSports overall prize pools per tournament series
To give you an idea of the kind of prizes to be won here's our list of the top 10 biggest prize pools on a tournament basis.
The International 6 - $20.4 million: this is Valve's annual world championship in DOTA 2 and has been breaking prize pool records ever since the competition was first held. It is the most successful example of crowdfunded prize pools in the history of eSports. The winners if this event, Wings Gaming, took home a total of $9.1 million.
The 2016 League of Legends World Championship - $5 million: the overall prize pool for this competition was increased for the first time because Riot Games has allowed the purchase of in-game items and it has been the largest event in the game's history in terms of prize money.read more
Make Money Playing Video Games
Has anybody ever said that to you? Never a truer word has been spoken. And as a lover of video games you can pursue your passion and do something you love, every day of the year. Of course it's not going to be easy but how awesome would it be if you could earn a living playing video games? Success is not going to happen overnight, and it may even take more than a couple of years to reap any kind of rewards. Many gamers looking to make it a career, give up very quickly and end up hating something they once loved. We don't want that to be you, so here are some tips to help you find that dream job.read more