Chess Betting Odds at GGBet — How to Bet on Intellectual Battles

Chess is an old intellectual game, but at the same time, it’s an official sport. Therefore, many bookmakers offer their clients an opportunity to predict the outcome of major chess events and place bets on them. In this article, we will discuss the features of chess bets in detail and provide useful tips on how to approach this sport effectively.

Types of Chess Bets

Chess is likely the most modest sport in terms of the abundance of betting lines. You will probably find there the following betting options:

• Game result. The outcome implies that white or black will win the match. The victory of white is marked as W1, and the victory of black is marked as W2. It is important to note that the draw is quite likely in chess, especially on the professional level.
• Double chance. By analogy with other sports, the double chance is designated as the winning of the first or second side with the addition of the possibility of a draw. The odds for this bet are usually very low. However, this is a solid option.
• Advance to the next stage. Chess tournaments are frequently conducted in a playoff format. If players make a draw, they can play additional blitz games until they finally advance to the quarterfinal, semifinal, etc.

The fact that even chess championship betting odds are not variable can be perceived positively and negatively. On the one hand, bettors want more options, but on the other hand, it is much easier to make accurate decisions with a smaller range of bets.

How to Analyze the Upcoming Chess Game?

If you are a chess fan, you know that on the elite level, a strong grandmaster can sometimes win another strong grandmaster. Even Magnus Carlsen loses from time to time. That's why, for profitable betting, you should consider several factors that affect the game result. The most important of them are the FIDE rating, current form, color of the pieces, style, time control, and others.

The relative strength of chess players is shown by the rating. The highest possible value now is slightly above 2800. This is perhaps the most objective assessment, so you shouldn’t neglect it when analyzing the future game. The dynamic (how many rating points a player has gained or lost recently) is important as well.

Current form is also an impactful factor. Some players perfectly play in certain tournaments and can outperform even the strongest opponents. Successful or unsuccessful performances in past tournaments allow us to make judgments about the current form of a chess player.

The white color of the pieces is almost a draw guarantee on the high level. Blacks will have to equalize the position first before taking on more ambitious tasks. So, it is rarely a good idea to bet on their win unless there is no big difference in the level.

Different chess players adhere to different styles of play. Someone values reliability in the game and will not risk making a move that will lead to a sharp game with an unclear position. Others value dynamics more and strive to sharpen their position as soon as they can. If the player has an active offensive style, he usually takes more risks.

Time control is crucial today. The main insight about it is that the faster the games, the fewer draws in the tournament. If you are a fan of active betting, you would rather choose rapid or blitz competitions. Chess betting odds are also dependent on all the mentioned factors, so you need to choose the most profitable options.

Bottom Line

Bets on chess competitions are considered exotic, so not all bookmakers accept them. However, for big tournaments such as the World Cup, you can always find betting lines. Analyze them thoroughly, keep in mind all the factors we discussed, and make informed decisions.