I'm interested in streaming league of legends, but becomes near impossible with my ping raising above 200 or so (But jumps constantly between 110 and 250), unless I place the stream on very low quality which makes it about 90-110. This is very frustrating and need some help to make my stream the best quality with the lowest amount of lag in game. cheers.

Code:
Open Broadcaster Software v0.448a - 64bit ( ^ω^)
-------------------------------
CPU Name: Intel(R) Core(TM) i5-2320 CPU @ 3.00GHz
CPU Speed: 2993MHz
Physical Memory: 8173MB Total, 3712MB Free
stepping id: 7, model 10, family 6, type 0, extmodel 1, extfamily 0, HTT 1, logical cores 4, total cores 4
------------------------------------------
Adapter 1
Video Adapter: AMD Radeon HD 6670
Video Adapeter Dedicated Video Memory: 2134601728
Video Adapeter Shared System Memory: 4017051648
=====Stream Start=====================================================================
Multithreaded optimizations: On
Base resolution: 1680x1050
Output resolution: 840x524
------------------------------------------
Loading up D3D10...
------------------------------------------
Using auxilary audio input: Line 1 (Virtual Audio Cable)
------------------------------------------
Audio Encoding: AAC
bitrate: 96
------------------------------------------
Video Encoding: x264
fps: 30
width: 840, height: 524
quality: 0
preset: veryfast
i444: no
max bitrate: 6000
buffer size: 6000
------------------------------------------
Total frames rendered: 8939, number of frames that lagged: 529 (5.92%) (it's okay for some frames to lag)
=====Stream End=======================================================================
Not using send buffering
=====Stream Start=====================================================================
Multithreaded optimizations: On
Base resolution: 1680x1050
Output resolution: 840x524
------------------------------------------
Loading up D3D10...
------------------------------------------
Using auxilary audio input: Line 1 (Virtual Audio Cable)
------------------------------------------
Audio Encoding: AAC
bitrate: 96
------------------------------------------
Video Encoding: x264
fps: 30
width: 840, height: 524
quality: 0
preset: veryfast
i444: no
max bitrate: 6000
buffer size: 6000
------------------------------------------
Total frames rendered: 14186, number of frames that lagged: 892 (6.29%) (it's okay for some frames to lag)
Number of b-frames dropped: 0, Number of p-frames dropped: 0
=====Stream End=======================================================================
=====Stream Start=====================================================================
Multithreaded optimizations: On
Base resolution: 1680x1050
Output resolution: 840x524
------------------------------------------
Loading up D3D10...
------------------------------------------
Using auxilary audio input: Line 1 (Virtual Audio Cable)
------------------------------------------
Audio Encoding: AAC
bitrate: 96
------------------------------------------
Video Encoding: x264
fps: 30
width: 840, height: 524
quality: 0
preset: veryfast
i444: no
max bitrate: 6000
buffer size: 6000
------------------------------------------
Total frames rendered: 6495, number of frames that lagged: 157 (2.42%) (it's okay for some frames to lag)
=====Stream End=======================================================================
=====Stream Start=====================================================================
Multithreaded optimizations: On
Base resolution: 1680x1050
Output resolution: 840x524
------------------------------------------
Loading up D3D10...
------------------------------------------
Using auxilary audio input: Line 1 (Virtual Audio Cable)
------------------------------------------
Audio Encoding: AAC
bitrate: 96
------------------------------------------
Video Encoding: x264
fps: 30
width: 840, height: 524
quality: 0
preset: veryfast
i444: no
max bitrate: 6000
buffer size: 6000
------------------------------------------
Warning -- graphics.MeasureString failed: 2
Warning -- TextSource::UpdateTexture: bad texture sizes apparently, very strange
Total frames rendered: 9087, number of frames that lagged: 185 (2.04%) (it's okay for some frames to lag)
=====Stream End=======================================================================
=====Stream Start=====================================================================
Multithreaded optimizations: On
Base resolution: 1680x1050
Output resolution: 840x524
------------------------------------------
Loading up D3D10...
------------------------------------------
Using auxilary audio input: Line 1 (Virtual Audio Cable)
------------------------------------------
Audio Encoding: AAC
bitrate: 96
------------------------------------------
Video Encoding: x264
fps: 30
width: 840, height: 524
quality: 0
preset: veryfast
i444: no
max bitrate: 6000
buffer size: 6000
------------------------------------------
Total frames rendered: 32, number of frames that lagged: 2 (6.25%) (it's okay for some frames to lag)
=====Stream End=======================================================================
Not using send buffering
=====Stream Start=====================================================================
Multithreaded optimizations: On
Base resolution: 1680x1050
Output resolution: 840x524
------------------------------------------
Loading up D3D10...
------------------------------------------
Using auxilary audio input: Line 1 (Virtual Audio Cable)
------------------------------------------
Audio Encoding: AAC
bitrate: 96
------------------------------------------
Video Encoding: x264
fps: 30
width: 840, height: 524
quality: 0
preset: veryfast
i444: no
max bitrate: 6000
buffer size: 6000
------------------------------------------
Total frames rendered: 1447, number of frames that lagged: 67 (4.63%) (it's okay for some frames to lag)
Number of b-frames dropped: 0, Number of p-frames dropped: 0
=====Stream End=======================================================================
Not using send buffering
=====Stream Start=====================================================================
Multithreaded optimizations: On
Base resolution: 1680x1050
Output resolution: 1120x700
------------------------------------------
Loading up D3D10...
------------------------------------------
Using auxilary audio input: Line 1 (Virtual Audio Cable)
------------------------------------------
Audio Encoding: AAC
bitrate: 96
------------------------------------------
Video Encoding: x264
fps: 30
width: 1120, height: 700
quality: 0
preset: veryfast
i444: no
max bitrate: 6000
buffer size: 6000
------------------------------------------
Total frames rendered: 1807, number of frames that lagged: 134 (7.42%) (it's okay for some frames to lag)
Number of b-frames dropped: 0, Number of p-frames dropped: 0
=====Stream End=======================================================================
Not using send buffering
=====Stream Start=====================================================================
Multithreaded optimizations: On
Base resolution: 1680x1050
Output resolution: 1120x700
------------------------------------------
Loading up D3D10...
------------------------------------------
Using auxilary audio input: Microphone (Siberia v2 Frost Blue)
------------------------------------------
Audio Encoding: AAC
bitrate: 96
------------------------------------------
Video Encoding: x264
fps: 30
width: 1120, height: 700
quality: 0
preset: veryfast
i444: no
max bitrate: 6000
buffer size: 6000
------------------------------------------
Warning -- Capture BitBlt failed.. just so you know
Total frames rendered: 4532, number of frames that lagged: 747 (16.48%) (it's okay for some frames to lag)
Number of b-frames dropped: 16, Number of p-frames dropped: 0
=====Stream End=======================================================================
Not using send buffering
=====Stream Start=====================================================================
Multithreaded optimizations: On
Base resolution: 1680x1050
Output resolution: 1120x700
------------------------------------------
Loading up D3D10...
------------------------------------------
Using auxilary audio input: Microphone (Siberia v2 Frost Blue)
------------------------------------------
Audio Encoding: AAC
bitrate: 96
------------------------------------------
Video Encoding: x264
fps: 30
width: 1120, height: 700
quality: 0
preset: fast
i444: no
max bitrate: 5000
buffer size: 5000
------------------------------------------
Total frames rendered: 864, number of frames that lagged: 350 (40.51%) (it's okay for some frames to lag)
Number of b-frames dropped: 22, Number of p-frames dropped: 0
=====Stream End=======================================================================
Not using send buffering
=====Stream Start=====================================================================
Multithreaded optimizations: On
Base resolution: 1680x1050
Output resolution: 1120x700
------------------------------------------
Loading up D3D10...
------------------------------------------
Using auxilary audio input: Microphone (Siberia v2 Frost Blue)
------------------------------------------
Audio Encoding: AAC
bitrate: 96
------------------------------------------
Video Encoding: x264
fps: 30
width: 1120, height: 700
quality: 0
preset: fast
i444: no
max bitrate: 7000
buffer size: 7000
------------------------------------------
Total frames rendered: 906, number of frames that lagged: 325 (35.87%) (it's okay for some frames to lag)
Number of b-frames dropped: 123, Number of p-frames dropped: 0
=====Stream End=======================================================================
=====Stream Start=====================================================================
Multithreaded optimizations: On
Base resolution: 1680x1050
Output resolution: 1120x700
------------------------------------------
Loading up D3D10...
------------------------------------------
Using auxilary audio input: Microphone (Siberia v2 Frost Blue)
------------------------------------------
Audio Encoding: AAC
bitrate: 96
------------------------------------------
Video Encoding: x264
fps: 30
width: 1120, height: 700
quality: 9
preset: fast
i444: no
max bitrate: 5000
buffer size: 5000
------------------------------------------
Total frames rendered: 94, number of frames that lagged: 1 (1.06%) (it's okay for some frames to lag)
=====Stream End=======================================================================
Not using send buffering
=====Stream Start=====================================================================
Multithreaded optimizations: On
Base resolution: 1680x1050
Output resolution: 1120x700
------------------------------------------
Loading up D3D10...
------------------------------------------
Using auxilary audio input: Microphone (Siberia v2 Frost Blue)
------------------------------------------
Audio Encoding: AAC
bitrate: 96
------------------------------------------
Video Encoding: x264
fps: 30
width: 1120, height: 700
quality: 9
preset: fast
i444: no
max bitrate: 5000
buffer size: 5000
------------------------------------------
Total frames rendered: 3129, number of frames that lagged: 211 (6.74%) (it's okay for some frames to lag)
Number of b-frames dropped: 121, Number of p-frames dropped: 0
=====Stream End=======================================================================
Not using send buffering
=====Stream Start=====================================================================
Multithreaded optimizations: On
Base resolution: 1680x1050
Output resolution: 1120x700
------------------------------------------
Loading up D3D10...
------------------------------------------
Using auxilary audio input: Microphone (Siberia v2 Frost Blue)
------------------------------------------
Audio Encoding: AAC
bitrate: 96
------------------------------------------
Video Encoding: x264
fps: 30
width: 1120, height: 700
quality: 9
preset: superfast
i444: no
max bitrate: 5000
buffer size: 5000
------------------------------------------
Total frames rendered: 255, number of frames that lagged: 63 (24.71%) (it's okay for some frames to lag)
Number of b-frames dropped: 97, Number of p-frames dropped: 0
=====Stream End=======================================================================
Profiler results:
==============================================================
frame - [100%] [avg time: 16.23 ms] [avg calls per frame: 1] [children: 84.7%] [unaccounted: 15.3%]
| scene->Preprocess - [78%] [avg time: 12.663 ms] [avg calls per frame: 1]
| video encoding and uploading - [6.65%] [avg time: 1.079 ms] [avg calls per frame: 1] [children: 6%] [unaccounted: 0.647%]
| | CopyResource - [0.123%] [avg time: 0.02 ms] [avg calls per frame: 0]
| | conversion to 4:2:0 - [0.142%] [avg time: 0.023 ms] [avg calls per frame: 0]
| | call to encoder - [5.74%] [avg time: 0.931 ms] [avg calls per frame: 0]
==============================================================
Memory Leaks Were Detected.