(Last Updated On: June 24, 2021)
Loltyler1 Net Worth – $7.5 Million
Loltyler1 is a popular American streamer from Missouri whose real name is Tyler Steinkamp. He has an estimated net worth of $7.5 million. He is well known for his League Of Legend streams. He was once banned in 2016 for disruptive behavior towards other players and this led to the birth of the popular nickname “The Most Toxic Player In North America”. The ban ended in 2018 after his good behavior and his first comeback stream got a record-breaking 382,000 viewers.
Before his streaming career, Loltyler1 studied computer science at Central Methodist University and dropped out once his streaming career too off. He played as a running back for the university’s football team.
How Much Money Does Loltyler1 Earn On Twitch?
The streamer has over 5 million followers on the platform and has accumulated over 270 million views so far. It is able to get an average of 24,000 viewers per stream with his peak being 382,000 viewers. Streamers make money through ad revenue, subscriptions, donations and bits. Loltyler1 has over 17,000 subscribers from which he makes a minimum of $2.5 per month from each of them. This should add up to $42,500 per month ($510,000 a year).
Officially, Twitch Partners and Affiliates receive 50% of the total subscription fee, so for the $4.99 tier, the streamer would get around $2.50. Twitch has been known to increase this amount for popular streamers to encourage them to remain on the Twitch platform, with some being upgraded to anywhere from 60% to 100% of the monthly fee.
Streamers make money through the Cheering feature when a fan cheers with bits in the chat. A Cheer is an animated chat emote that uses bits. Typing “Cheer1” will generate a grey bouncing triangle, and cost you 1.4 cents. “Cheer100” brings up a dancing purple diamond, and costs you $1.4. You can Cheer any amount you please (including irregular figures, and the corresponding emotes get larger and larger, up to a “Cheer10000,” a $140 tip represented by a fractured red star. streamers will get 1 cent for every Bit pledged while Twitch will keep the 0.4 cents.
Fans can also donate directly to their favorite streamers through Paypal and also cryptocurrencies such as bitcoin, litecoin or ethereum. There are a variety of third-party services which Twitch streamers can connect to their account to activate additional features such as donations and alerts. Some of the more-popular services are Gaming For Good, StreamTip, Muxy, Stream Elements, and StreamLabs. All of these services create a unique donation page for your channel hosted on their own server which you can direct your viewers to make a donation.
How Much Money Does Loltyler1 Makes On YouTube?
The channel has over 2.8 million subscribers as of 2021 and has accumulated over 500 million views so far. It is able to get an average of 250,000 views per day from different sources. This should generate an estimated revenue of around $2,000 per day ($730,000 a year) from the ads that appear on the videos.
YouTube content creators based in the US, UK, Canada and Australia generally get paid $2 – $12 per 1000 monetized views after YouTube takes its cut. Monetized views usually range from 40% – 80% of the total views. All these are influenced by several factors like the device played on, time of the year, the location of the viewer, ad inventory, how many ads there are on a video, how many people skip the ads, type of advertisement, ad engagement, type of content, etc. The cost of an ad view is based on an auction between advertisers based on views. Advertisers have to bid a minimum of $0.01 per view.
There is also a program known as Google Preferred where deep-pocketed companies can target ads on the top 5% most popular content. The ad rates here are higher than normal. Apart from ads, YouTubers also generate extra from YouTube Red viewers who pay a monthly fee to view premium content on YouTube plus watch videos without ads. Here they get paid based on watch time on their videos. The longer the viewers watch their videos, the more money they earn.