The game of chess has been around for centuries and is now played by global professional players who have in turn created betting opportunities. While betting on chess may not be as commonplace as horse race betting or other sport betting options, it doesn’t mean that you won’t find chess part of The Online Casino’s portfolio.
The Online Casino accepts bets on all the top chess competitions and tournaments and covers all the major chess betting markets. With us, you’ll get the most competitive chess betting odds. Also, bettors have the option to wager on a wide variety of sports like football, cricket, tennis, badminton, hockey and many more. So, if you like placing bets on chess as well as other sports, The Online Casino is the ultimate betting platform for you!
The game of chess is played all across the globe. While not every event is open for betting, many of them are available to bet on at The Online Casino. Here are some of them:
The World Championship is probably the most anticipated chess event where the former World Champion is defending his title against the challenger. Here, there’s a set up of 12 matches that goes on during a couple of weeks. While the championship is open for everyone, there are separate World Championship and World Junior Chess Championship events for women and junior players.
You can also wager on Candidate Tournaments that are held prior to the World Championship. Here players are seeded into a big pool of players to decide the challenger for the World Championship.
The Grand Chess Tour is a circuit of chess tournaments where players compete for multiple prize pools. The number of events in the Grand Chess Tour are between five and eight a season from August through September. These events change regularly but can include some of the major chess events like the Paris Grand Chess Tour, Chess Classic Romania, Croatia Grand Chess Tour, London Chess Classic and the Saint Louis Rapid & Blitz.
This is the biggest international team event where teams from all across the globe will play a number of games in order to crown the winner. Here the aim is to accumulate points in an attempt to decide the winner. In the Olympiad, there are teams of 4 for both men and women.
As the game of chess is played in a knockout type tournament format, the available betting markets are limited. But don’t let this put you off; betting on chess is still a great deal of fun.
Here are some of the most popular types of bets you can place on chess at The Online Casino.
The most common chess bets are the ones where you bet on who will win the specific competition. For an outright bet to payout, the player you have wagered on must win the tournament.
As with cricket betting, match winner is one of the most common bets in chess where you wager on who will win a specific match. This is a three-way bet in chess, as you bet on either player to beat out the other or you can bet on the game ending in a draw.
If you’re going to place bets on chess, it makes sense that you’re going to want to be armed with as much knowledge as possible. That being said, here are a few words of wisdom for you:
When you’re placing bets on a single match in chess, the odds of winning are almost 50/50. So, it’s important that you don’t just think about the player you’re betting on, but who they’re facing off against as well.
If you want to improve your chances of winning at chess betting, preferably while minimizing your losses, you must keep yourself well informed about the game. Taking a look at the player’s past performances and other things will help you in making strategic bets.
Chess is a mind game, and there are various factors like jet-lag and travel that can have an impact on the player’s performance. So, make sure you take them into account before placing bets.
Just like sports betting, wagering on chess involves the elements of chance. As such, there’s no definite way to predict what the outcome of your next wager will be. Whenever you’re experiencing a losing streak, it’s normal to think that your next bet will turn the luck around. But chances are that this can lead you to lose a huge amount of money. So, avoid chasing losses and only bet what you can afford.