Web browsing can be done well even with an I3 CPU. Gaming is more demanding. But every month when Toms updates the Best CPU for the money that always has the following statement:
Diminishing Returns Kick In
Top-end CPUs offer rapidly diminishing returns when it comes to gaming performance. As such, we have a hard time recommending anything more expensive than the Core i5-6600K, especially since this multiplier-unlocked processor is easy to tune up to 4.5GHz or so with the right cooler.
We have seen a small handful of titles benefit from Hyper-Threaded Core i7 processors, though. Because we believe this is a trend that will continue as developers optimize their software, we're including the Xeon E3-1231v3 as an honorable mention at $255 and the Core i7-5820K at $390. In a vast majority of games, they won't demonstrate much advantage over the Core i5. But if you're a serious enthusiast who wants some future-proofing and values threaded application performance, these processors may be worth the extra money.
There is more to that statement, but it does not apply to the CPU's beoinmg asked about here, so I did not include it.
The number of gaming titles that use hyper threading is tiny. Maybe at some point in the future, a compiler will automatically generate code that will support hyper threading in gaming code. But that is not the norm today, and it has to be written by hand at this point. And the overall percentage of gamers with an I7 CPU is very low. So they do not bother in most cases.