Chess Betting Guide

Chess is a game with a long history and one that is gaining increasing interest in the gambling community. The best betting sites now also offer a range of chess tournaments, allowing chess lovers to place a wide range of bets and get even more involved in the game.

We’ve created this chess betting guide to give you a closer look at the possibilities in this sport.

At the same time, we would like to remind you that before you can bet on chess or any other sport, you need to put in a lot of effort in order to make sure that your bets will bring you a long-term profit. Read on to find out all the key information that will help you become more successful in chess betting.

Once you have chosen a secure betting site, the next step is to familiarise yourself with the chess betting market. When placing bets, it is essential to understand what is being bet on and what needs to happen in a chess match for the bet to be successful.

The chess betting markets are not extensive and are usually limited to a few basic choices. However, it can be divided into the following types:

• Match Winner Bets
• Additional match bets
• Long-term bets

A chess match winner’s bet includes three choices – Player A wins, Player B wins, or there is a draw. There is also a double option, e.g., Player A wins or draws, another option, Player B wins or draws, and a third option, Player A or B wins.

The extra match bets have the most options and require good game knowledge to place these bets. Depending on the betting site you choose, the selection of bets here can be pretty extensive, with bets available on outcomes such as:

• How many certain pieces will remain active at the end of the game
• How many pieces total will remain active at the end of the game
• How many times a “check” will be made during the game
• How many castlings will occur in a game
• How many pawns will be captured
• With which piece the last move will be made

Additional betting options include:

• Who will win Rapid Game 1, 2, 3 or 4
• Whether four Rapid games will be played
• Whether the chess match will feature a Blitz
• Whether Armageddon will be played in the chess match

Long-term bets are some of the simplest bets, which can be said to be the same as in other sports. The most popular choice for long-term betting is who will be the champion.

Depending on the bookmaker, there may be additional long-term selections, such as who will reach the final and at which stage a certain player will be eliminated.

When betting on chess, you need to have a good understanding of the sport and know the biggest tournaments. You can also bet on lower tournaments, such as the ITF tournaments in tennis.

One of the key advantages of betting on lower tournaments is the potential for finding more mistakes from betting sites.

In these tournaments, inside information is not just important, it’s a game-changer. The players are at a lower level, making it easier to gather valuable insights that can give you a significant edge.

The major chess tournaments that bring together the best players are highlighted here. For these tournaments, crypto betting sites have prepared the biggest betting markets:

• World Chess Championship
• Candidates tournaments
• Tata Steel Chess Championship
• “Blitz and Rapid Chess World Championships
• FIDE Grand Prix
• FIDE World Cup
• Grand Chess Tour
• Chess Olympiad

To succeed in chess online betting, you first need to know the game’s rules. Of course, knowing the rules won’t guarantee a successful bet, but it will at least allow you to get more into the game, watch the other player’s actions, and immerse yourself in analysis.

The rules are the foundation from which everything should start. Once you understand the rules of chess, you can turn your attention to other aspects. First of all, chess is an individual sport, which means that your bet depends on the actions of a particular player.

Similarly to tennis, you need to concentrate on the players, follow their form, and keep track of their latest results. In this section, we’ll look at the key points that can help you get more involved in chess betting online, discover more valuable selections, and, at the same time, make a profit in the long term.

The main objective of chess is to attack your opponent’s king so that he cannot defend himself. If both players defend their king, a draw is declared. This is fundamental to the game and why draws are an integral part of chess.

The gameplay itself may resemble checkers, but it’s much more complex. The main reason chess seems so difficult at first sight is the movement of the pieces. In chess, there is a king, a rook, a bishop, a queen, a knight, and a pawn. All these pieces have a certain movement around which the game revolves.

Once you have learned the movement of the chess pieces, you can start studying the other rules of the game. You must know terms such as castling, capturing, and En passant.

There is a reason for paying attention to these terms, as even the betting offers a choice of how many castlings will be in a game. This is the action where the rook and king go simultaneously.

Chess is an intelligent game, so when placing bets, it is important to remember that the skill and strategy of the players are key.

Unlike tennis, which is also an individual sport, where you have to consider the players’ fitness, injuries, and so on, in chess, you have to concentrate on which player has the best chance of outsmarting his opponent.

One reason a draw is a common outcome in chess is that the players sometimes do not outsmart each other. The best chess players know each other well, have played many times, and can prepare accordingly.

A good defence in chess prevents defeat. The player’s goal is to anticipate and prepare for their opponent’s actions.

As it is an intellectual game, it is quite difficult to analyse and prepare for betting. It is certainly not enough to gather information – you need to spend a lot of time observing the game.

Valuable bets can be found in lower-level tournaments with less experienced players. These are more difficult for opponents to analyse as they have not yet developed their full skills.

For this reason, it is recommended to look beyond the top level tournaments to the lower tournaments in order to have more success in online chess betting. This will be a great opportunity to get to know other chess players, follow their path to the top and at the same time look for value in betting against certain opponents.

One more tip – don’t be afraid of draws. In other sports, betting on draws is usually avoided, but it is a fairly common outcome in chess. The odds for a draw can be just as valuable as those for a win by one of the players. Also, your bets should include long-term selections.