Historically, chess is the oldest board game. Chess first appeared in India more than one and a half thousand years ago as “Chaturanga.” It is currently played by two people with white and black pieces, on a 64-cell board. Gameplay will end if either opponent checkmates the other’s king, or if the participants agree to a draw or forfeit the game within the specified time limit.

Chess Betting Odds

As with any other sporting event or discipline, a bookmaker strives to provide the most competitive betting odds on the market, and chess is no exception. To choose the best place to bet on chess, you need to familiarize yourself with the current odds and available bets on the official site:

  • The outcome is a victory of either the first or the second chess player, or a draw (P1, X, P2). Most often the most profitable bet in chess in case of a win. The odds on the outcome are the highest.
  • Double outcome – victory or draw of one of the chess players (1X, X2) or victory of one of the chess players (12). The safest option, when betting on 2 out of 3 possible outcomes.
  • Draw. The odds for this type of bet are the lowest.

Choose any site from the list and start betting in chess on the best conditions. Take the welcome bonus from the bookmaker and increase your chances of winning.

Bet Types in Online Chess Betting

Chess Bet Types Online

Depending on the bookmaker, it may be possible to bet on total moves in a game or on whether the tourney will include special elements (such as fast chess, blitz chess, and Armageddon chess).

Despite that, there are more specific outcomes associated with this sport:

  • Betting on the outcome (“P1” or “P2”): This traditional method of betting on chess is also common in sports betting. A draw bet is also available, as an alternative to winning for one of the participants.
  • Doubling Chance (1X or 2X): this wager is more popular with more cautious players who hope to avoid defeat to a specific opponent. The match will either be won by him or drawn. Choosing 1X means you can win if the player wins or draws.
  • Handicap Betting (0):  Additionally, this wager implies that the participant will at the very least avoid being outright defeated. However, there is a significant difference between this kind of wager and the double chance bet in the case of a match draw with a zero handicap. A draw won’t award you a winning bet, but will simply refund your stake.

Furthermore, some sportsbooks offer bets on chess, such as how each competitor will do overall in the tournament, rather than just how they will fare in one particular match. Some sportsbooks will offer chess bets on which players will win major tournaments around the world, such as the FIDE Grand Prix and the World Chess Championship.

List of chess betting websites

Betting on chess is an interesting betting option that is provided to players with high odds. And the participation of only two opponents in the game simplifies the analytical stage and the outcome of the tournament. Let’s consider the bookmaker sites that provide the best odds for chess betting.

This is how the list of betting sites that offer chess betting looks like:

    • Sportingbet. Convenient and clear table with upcoming tournaments and participants. A wide range of payment methods to replenish the Sportingbet account. Get up to £50 in FreeBets, an Odds Boost Token, 20 Free Spins and £10 Casino Bonus when you sign up to Sportingbet today. Special Chess Features:
      • Amazing selection of chess betting markets;
      • Good chess betting odds;
      • World-class design;
      • UK Gambling Commission;
      • VIP Program.
    • Bwin. The Bwin betting bonus for all new customers: Win your bet or get up to €100 back as a FreeBet. Calendar of upcoming Bwin events in chess tournaments 2024. List of participants and their chances of winning according to the history of previous competitions. Special Chess Features:
      • Different chess events on offer;
      • Various chess outrights on offer;
      • Lots of chess match ups offered throughout a tournament;
      • UK Gambling Commission;
      • Support 24/7.
    • Unibet. Deposit €20 at Unibet, get €30 in free bets and 200 free spins and get a 100% sports bonus on your first deposit up to €50. Free chess tips and statistics from previous tournaments. Conveniently located table with your Unibet bets and balance during the chess tournament. Special Chess Features:
      • Offers great outright odds for chess events;
      • Many chess events offered, even lower ranked tournaments;
      • Great odds;
      • UK Gambling Commission;
      • Live Stream.
    • Bet365. There are instructions for chess betting and useful information on the Bet365 page. Possibility to make one or several chess bets at the same time. Bet $5 at Bet365 and get $150 in bonus bets + additional promo codes for various events. Special Chess Features:
      • Boosts available on chess;
      • Great markets and odds;
      • Informative betting guides for beginners;
      • UK Gambling Commission;
      • Mobile app available.
  • LV BET. The site has a convenient table with upcoming chess tournaments, information about participants, fast payouts, high odds, round-the-clock support and match broadcasts – this is about LV BET. As an introductory prize LV BET is offering 100% cashback up to €20 on your first bet. Special Chess Features:
    • Offers chess international tournaments;
    • A terrific sports book with excellent chess coverage;
    • Great website design;
    • UK Gambling Commission;
    • Quick and easy navigation.
  • Paripesa. Thanks to Paripesa, following major chess events has become very easy. By simply downloading the mobile app to your Android or iOS smartphone, you will never miss a single chess game. As a newly registered Paripesa user, you are entitled to a 100% welcome bonus up to a significant maximum amount in any of the countries of operation. Special Chess Features:
    • Competitive odds;
    • Great chess betting offers;
    • Quick and easy navigation;
    • Official license;
    • Mobile application for Android and iOS.

The information above is a review of each site individually that offers chess betting, as well as features + welcome bonus for beginners.

Strategies to Win at Online Chess Betting

Tips and Strategies to Win at Online Chess Betting

When it comes to online chess betting, there are a few strategies that can increase your chances of winning:

  • The catch-up strategy is one effective approach, which is specifically tailored for chess. This strategy is most effective during chess tournaments as these events usually consist of numerous games, providing ample opportunities to employ this strategy.
  • Draws are more common than outright wins, making the “winning strategy” of betting on a draw a smart tactic in chess. With elite players, draws are a frequent occurrence, making this type of bet a lucrative one.
  • Another effective strategy is to utilize a safety net when one player has no handicap. In this scenario, if the bet is successful, you will win, and if it is a draw, you will receive a refund. While this bet may offer lower odds, the safety net makes it a viable option.
  • Lastly, handicap (0) bets may provide lower odds compared to outright wins or losses, but the safety net feature makes it a worthy bet, especially in the game of chess.

How to Make Predictions in Chess

One of the most useful and amazing factors in chess is the database which contains more than 20,000 games of different categories and rankings. This database can be utilized to predict the outcomes of matches by extracting crucial information.

Before making a move in a chess game, players may think that simply observing their opponent’s piece movements will give them an insight into their strategy. However, there is much more to it than just speculating and this realization will come eventually. It is important to anticipate your opponent’s moves and have a strategy in mind, while also being ready to adapt and counterattack.

In chess, decision-making can be a challenging task. Elite players are trained to make efficient choices and are therefore more advanced in their abilities. On the other hand, club players often spend too much time analyzing tactical moves that are insignificant to top players. Instead, top players focus on moves that can cause significant damage to their opponent and they anticipate their opponent’s response.

A crucial aspect of improving in chess is finding the right candidate moves. This can be done by considering the opponent’s intentions and potential threats at all times. In chess, a check must be promptly responded to and capturing a queen often requires the opponent to retake it. Elite players also have the ability to think from their opponent’s perspective, gaining a deeper understanding of their thought process.

To be successful in chess, one must not rely on chance, but instead anticipate and analyze their opponent’s moves. The more skills and knowledge a player has, the better they will be at predicting their opponent’s strategy and making the right moves.

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