Participating in a Tournament
If you feel confident in your combat abilities, winning tournaments is one of the easiest and quickest ways to earn a lot of money. All you need to do is visit any major settlement and enter the arena. Here you can speak with a tournament master to find out where the nearest tounament is taking place. You can then travel to the relevant settlement and sign up for the tournament. There are no special requirements, but you may wish to raise the stakes by increasing the amount of denars that you bet on any given battle within the tournament. By doing so, if you win the tournament you could be seeing profits in the tens of thousands, especially when you are facing high ranked opponents. In addition to the base value of denars that can be won, you can also win specific prize items which vary depending on the local settlement inventory and the rank at which you are participating. You can view the tournament leaderboard for a particular settlement from the tournament menu.
Tip: When you join a tournament, a number of your companions usually join with you. This can make it quite difficult if you have recruited some of the best fighters in the land. It is recommended that you join tournaments a soon as possible to become accustomed to them, preferably before you recruit any companions that might consistently outmatch you.
Note: To see your rank in any given tournament associated with a particular settlement, select the ‘Leaderboard’ option within the tournament menu. Your rank will increase as you win tournaments. The higher the rank, the greater the reward.