Chess Betting Odds
Chess remains one of the most fascinating and engaging board games on the planet. A straight bet on chess is as simple as it gets; you bet on who will be the winner at the end of the match. Make sports bets on our online sports betting platform.
Elo ratings allow you to quickly see how good two players are in a chess game. Based on the concept of relative strength, the better the player, the higher his or her Elo points.
A recommended bet is to bet on the highest-ranked chess player. However, each player has their own strategy with variations. Depending on whether a game opens with a Russian defence, an English opening, a Spanish game, a Catalan game or the queen pawn in the classical or anti-Marshall variation, the possibilities of developing a chess game are almost infinite.
For more information, you should also consult previous face-offs.
There are many chess competitions to bet on, the most famous of which is the World Chess Cup, which takes place every two years and is organized by FIDE. In addition to betting on the FIDE Grand Prix, the world's leading organization, there are also many other tournaments with betting opportunities.
Betting on the world championships
Nᵒ 1 in the world in the Elo rankings and the reigning world champion, Norway's Magnus Carlsen is the favourite to win the world championships.
However, his confidence could be shaken by a 16-year-old chess prodigy, India's Rameshbabu Praggnanandhaa, who became the youngest international master at the age of 10, beating Magnus Carlsen in a 39-move rapid chess tournament.
The reigning champion will face the winner of the Candidates Tournament in the final, which features 8 International Grandmasters. Make your bets on the Candidates Tournament with bwin.
Betting on the Grand Masters
Grandmaster (GM) is the highest title or ranking that a chess player can achieve.
The title is the badge given to the game's super elite and is a recognition of the greatest chess talent in the world at that time. The Grandmaster is a player who has been tested and proven against a group of similarly talented players in the world's most difficult competitions.
FIDE has so far recognized less than 2,000 GMs out of the millions who play chess worldwide, the vast majority of GMs being men. Russia (and the former USSR) has produced the most GMs in the world, followed by the US and Germany.
More recently, India became a chess powerhouse in the 2000s and now has over 70 GMs.