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How Much Money Does A Professional Game Earn Daily
How Much Money Does A Professional Game Earn 2
How Much Money Does A Professional Game Earning
How Much Money Does A Professional Game Earn One

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In this video I wanted to share my own experience of developing my very first game for iOS and Android, and also tell about my budgets and my revenues.

By/Sept. 19, 2019 12:37 pm EDT/Updated: Sept. 19, 2019 12:59 pm EDT

Can you eat 62 hot dogs in a matter of minutes? If so, then you just might have what it takes to make a career out of gluttony. Competitive eaters might not garner the same sort of acclaim as professional ballplayers, but they can certainly make a professional athlete's salary — if they're good enough. When it comes to the world of competitive eating, there's more than one way to make a buck, but making a career of it isn't easy.

Joey Chestnut, Takeru Kobayashi, and Matt Stonie are arguably the most famous competitive eaters in the world right now, and it's not uncommon to see them chowing down side-by-side at contests like the famous Nathan's Hot Dog Eating Contest in Coney Island, New York. The New York Post reported that since 2004, Joey Chestnut has earned $600,000 from winning eating contests, and that's before one factors in his endorsement deals such as his own line of hot dog condiments. Sporting News estimates Chestnut to be worth around $800,000 when all is said and done.

Competitive eaters have other ways of earning money, too

Chestnut's greatest hot dog-eating competitor, Takeru Kobayashi, has a reported net worth of $3 million dollars that he's acquired through contests as well as endorsements since first turning heads at the 2001 Glutton Bowl.

Winning eating contests is just one way to make bank through competitive eating though. Take eating sensation Matt Stonie for example. He's won fewer contests than both Chestnut and Kobayashi, but still has a net worth of $3 million in 2019, according to Naibuzz. Stonie has amassed this fortune largely through his popular YouTube channel and its 9.4 million subscribers. YouTube videos like his '10min Cup Noodle Challenge' garner millions of views within days of release, and the advertising dollars paid out could earn an estimated $6,000 a day for Stonie.

It can be hard to earn money as a competitive eater, though

Of course, most competitive eaters aren't getting the endorsement deals or prize money of Stonie, Chestnut, or Kobayashi — and the latter two almost always claim the $10,000 prize in the Nathan's contest. The good news is that there are plenty of competitive eating contests around the United States, with Forbes estimating that $400,000 to $500,00 in prize money is up for grabs on the pro circuit. Eaters at the World Taco Eating Championship, for example, will be competing for a first place prize of $2,500 (via Major League Eating). It's a pretty big drop from coming in first to finishing sixth though, and that prize is only $100.

Winning isn't everything in the world of competitive eating either. One competitive eater in a Reddit AMA session said they regularly get hired by restaurants to participate in eating contests and get paid even if they lose. However, even with 91 wins under their belt, they're still not getting rich from eating. 'For now, I do have a real money-paying job,' they said before adding, 'I definitely can't live on what I make as a professional eater.'

Hey, it's a long way to the top if you want to make your fortune eating chicken wings.

How Much Money Does A Professional Game Earn Daily

People often ask me whether they will be able to become a grandmaster. Another question that derives from it is: “How much will I be making?” Young guys are especially pragmatic, so for many of them the choice between getting a job in the office and becoming a chess pro is quite acute.

First of all, let’s classify the main legal means of earning money in chess:

1) Prize money. By far the most obvious one. The winner of the world championship typically gets $1-2 mln. (1,300,000 euros for Anand in 2010). By winning a top event (e.g. Linares) one gets something like 100,000 euros. Anything above $50k usually refers to a prestigious round robin. Top open events normally have a first prize of about $20k (one needs to perform way above 2700 to win them). A typical event won by a 2500+ GM has a first prize of below $5k. Of course, there are exceptions (like the U-something tournaments that are quite popular in the US). However, this is very uncommon in other countries.

2) Playing for clubs. Probably the main income of pre-elite grandmasters who are paid $5-20k for competing for a certain club.

3) Appearance fees – works for top pros who are paid to “show up” at a certain event, thus boosting its prestige. A more modest and closely related term is “conditions” – usually coverage of hotel/travelling expenses, a small fee (few hundred bucks) at best.

4) Scholarships and stipends. Bright chess-playing students may get some special burses. Members of national teams also often have a special wage. However, even in Russia the official member of the Russian Olympic team’s salary has been symbolic up to this point (let’s hope the situation is going to become better in the future). In many other countries they don’t have any special privileges at all.

5) Sponsorships – to obtain those you basically have to prove that you either are already an established pro with a strong brand (and, preferably, good looks), or are highly likely to become one. Then some companies may be willing to invest in being associated with you and ask for your endorsement.

6) Coaching – not connected with being a professional player, but also quite popular. On the Internet IMs and GMs charge about $20-50 per hour, “stars” request more (up to $100 and even more). Of course, there are exceptions, i.e. crazy IMs from poor countries willing to work for food, or lucky guys who have found a customer willing to make them a millionaire.

7) Being a chess second – assisting eminent players at their home lab. Playing sparring matches, preparing novelties, pinpointing opponents’ weaknesses.

8) Performances – simuls, exhibition matches and other events of this type.

9) Literature – writing books & columns.

10) Organizational work – being an arbiter, tournament director, etc.

11) Selling chess merchandise – that was especially popular in the post-Soviet world when people would be travelling around the world with heavy bags of rare chess books and equipment and selling it at the events where they played. Nowadays this looks less dramatic, but still works.

12) Hustling – some people make money by beating other guys in blitz or bullet. You can see a lot of chess hustlers at parks or at chess clubs.

13) Betting – winning (or losing) money by correctly predicting the outcomes of chess matches, etc. Also prop betting, e.g. “bet you $X that I will make it to 2100 in a year?!”.

Now (without disclosing any personal information of my chess friends) let’s quickly estimate what level one should have in chess to earn a certain amount. We are talking about the “average” player of each level. For example, one 2700+ GM may participate in 20 events per year, while the other – only in 5. We will be considering the median. The same holds for other means of earning.

$10 mln/year – no one

Over $1 mln/year – top-3 in the world

Over $200k – top-10

Over $100k – t

How Much Money Does A Proffesional Game Earn