League of Legends is an immensely popular game, played by millions and watched online by many more. In addition to being a fun pastime, it can also be a lucrative business if you know how to make money with League of Legends. There are many avenues to profit and, in the paragraphs below we present some of the most popular solutions that are proven to work.
If you’re eager to start making money with League of Legends bets or esports, then read on.
1. Make Money with League of Legends Bets
Sports enthusiasts leverage their knowledge by betting on sports and you can do the same if you are a videogame aficionado. With the right knowledge and discipline, you can bet on League of Legends and make a nice income. There are plenty of bookmakers out there that have added esports to their portfolio and LoL is usually at the top of the list. When it comes to coverage for pregame, live and ante-post wagers, LoL betting is head and shoulders above its competitors.
2. Play Professionally or Coach Players
Professional League of Legends players make a lot of money, and they are celebrities in their countries, so this is a tempting way to make a living. However, it’s important to note that becoming a successful professional player or coach in LoL is incredibly difficult, as the competition is fierce, and the field is highly competitive. It requires a lot of dedication and hard work to be able to compete at the highest level and make a career out of it.
There is no guarantee of success, even for highly skilled and dedicated players and only a fraction end up playing in the best League of Legends tournaments. You can try this path, but if you are not successful, you should consider a career as a coach for aspiring players. Coaching fees can be a significant source of income for professional players and coaches, as many players and teams are willing to pay for expert guidance and training.
Alternatively, you can level up an account and as you play and unlock new champions and skins, its value increases. Selling accounts isn’t the most glamorous way of making money, but it is a solution if you enjoy playing League of Legends. Elo boosting is another path, as you simply level up someone else’s account in exchange for a fee. Top players sometimes do this and by taking customers to the desired division, they fulfil their obligations and are paid for it.
3. Playing Fantasy LoL with Real Money
You can make money with fantasy League of Legends as long as you have a good understanding of the game, the teams, and the players. By researching and staying up to date on the latest news and developments in the LoL community, you can gain an edge over other bettors and increase your chances of winning. By keeping track of the odds and line movements for different matches and tournaments, you can identify opportunities to place bets on teams and players with a higher likelihood of winning. Diversify your bets to help spread out your risk and minimize potential losses.
4. LoL Streamers Make a Nice Income
League of Legends streamers make money, through advertising, sponsorships, subscriptions, and donations. Advertising revenue comes from a variety of sources, such as sponsorships from companies, in-stream ads, and affiliate marketing. These can include product placement, shoutouts, and branded content, and can be a significant source of income for streamers.
Subscriptions, which are typically offered through streaming platforms like Twitch, allow viewers to pay a monthly fee to support their favourite streamers and gain access to exclusive content and perks. Finally, donations from viewers can also be a significant source of income for streamers, especially if they have a dedicated and engaged fanbase.
Being a successful LoL streamer is a full-time job, and it requires a lot of hard work, dedication, and consistency. Streaming requires time and effort, and it is hard to build an audience and generate consistent income. That’s because the streaming industry is highly competitive, and there are many talented streamers vying for the attention of viewers. It’s vital to be aware of the challenges and to set realistic expectations for yourself if you consider joining the best LoL streamers.
5. Leave Your Mark as a LoL Content Creator
Not only do streamers make money with League of Legends, but there are also other ways to use the game as a springboard to profits. Content creators have their own slice of the pie and some of the best LoL players branch out to create another revenue stream. They have a name that rings familiar, but less time, so you can challenge them for the attention and money of fellow LoL players.
Merchandise such as t-shirts, hoodies, and mugs with unique designs and slogans can also be a good way for content creators to monetize their audience. Finally, affiliate marketing can be a good way for content producers to earn money by promoting other products or services, such as gaming equipment, streaming software, and other related products.
6. Make Money as a LoL News Writer
Players and punters alike read a lot of League of Legends news and some are willing to pay for premium content. You can make money as a news writer through advertising, sponsorships, freelance writing, and affiliate marketing. Advertising revenue can come from a variety of sources, such as sponsorships from companies and in-article ads.
Freelance writing can be a good way for news writers to monetize their skills and expertise, as many websites and publications are looking for well-written and informative content about the game. Writing high-quality news and building an audience takes time and effort, and it can be difficult to generate consistent income. The news production industry is competitive, but if you love the game, you will probably enjoy writing such content, so the effort is worthwhile.