GAMING fans will have their eyes glued to the screen for the next eight weeks as the Esports World Cup 2024 has begun – and the prize money is incredible.
Approximately, 1,500 gamers will go at it over the next two months to be crowned winners of the first-ever Saudi gaming competition.
GettyFaZe Clan will be hoping to take home the huge pot of prize money[/caption]
And not only is pride on the line, but a staggering amount of cash can be won for the best teams at the tournament.
Even the likes of FaZe Clan and T1 have entered to try and get their hands on this huge prize pot.
But fans want to know exactly how much is up for grabs at the 2024 Riyadh event.
What is the Esports World Cup 2024 prize money?
The 2024 Esports World Cup will have a total prize pool of £49 million #9$62.5m) – the largest in esports history!
The prize money will be broken down into four categories: Club Championship, Game Championship, Qualifiers and MVP Awards.
Here is a breakdown of the prize money below:
Winner: $7,000,000
Runners-up: 4,000,000
Third: $2,000,000
Fourth: $1,500,000
Fifth: $1,000,000
Sixth: $800,000
Seventh: $600,000
Eigth: $450,000
Ninth: $350,000
Tenth: $250,000
11 and 12: $200,000
13-16: $150,000
Category distribution
Club Championship: $20,000,000
Game Championship: $33,800,000
Qualifiers: $7,600,000
MVP Awards: $1,100,000
When is the Esports World Cup 2024?
The opening ceremony of the Esports World Cup 2024 took place on Tuesday, July 2 and it had fireworks, dancers, LED drones along with the unveiling of the mesmerising trophy.
But the tournament officially got underway on Wednesday, July 3.
Esports World Cup 2024 will run over eight weeks meaning that it is scheduled to conclude on Sunday, August 25.
And the chosen city for the competition is the capital of Saudi Arabia, Riyadh.