Chess Betting Sites (December 2024)

Chess is not among the most popular sports for betting, and some punters are usually surprised when they find out that they can actually bet on chess. However, chess betting online can be as thrilling and profitable as any other type of wagering. Of course, if you pick a reliable bookmaker first. For this, you can trust our ultimate review. Here, we conducted research on the best betting sports sites and picked out some profitable options for chess wagering. If you want to find the best chess betting site in India, this is your perfect chance.

Online chess betting gained immense popularity soon after the advent of the Internet. Numerous punters from all around the world rushed to place their stakes without double-checking the bookmakers’ trustworthiness. But in order to catch the strongest odds and place lucrative and, above all, secure bets, you have to find a reliable chess betting website first. We’re here to help you with that.

Mobile wagering is extremely popular in today’s sports betting industry. Numerous punters are switching to mobile versions of their favorite and trusted bookmaker platforms. Mobile betting creates numerous unique possibilities, including an opportunity to place and track your wagers anywhere you go. Even though most punters prefer to bet on football, tennis, basketball, and other highly demanded sports, chess certainly doesn’t take a backseat to them. If you want to try your luck in online chess game betting using only your smartphone, consider the apps we gathered for you.

Chess Betting app - 1xBet

1xBet is a name that already speaks volumes in the current abundance of sports betting platforms. The website itself has gained the trust of numerous punters due to its simplicity of use, strong odds, and unique bet types. 1xBet mobile application can be downloaded on both Android and iOS devices. As soon as you open the app, you can place any bet in just one click. In this way, you save a lot of time you could’ve spent surfing through the 1xBet website. And no, we definitely don’t want to say that the desktop version falls behind in terms of usability. But if you’re already familiar with the entire scope of options and tools suggested by 1xBet and just want to wager in a matter of seconds, 1xBet mobile application is your best pick.

Chess Betting app - 20Bet

Let’s explore another trustworthy option for mobile chess betting India. 20Bet is among the best betting sites with bonuses and unique promotions for users. The bookmaker currently maintains official applications for both iOS and Android platforms. With its general simplicity and user-friendly interface, 20Bet attracts thousands of mobile users who just seek fast and hassle-free sports wagering. Moreover, there is an intriguing bonus offer for all newcomers to the bookie’s mobile version for iOS. If you want to significantly top up your future winnings, the 20Bet mobile app is worth your time.

Before diving into chess betting head first, you have to go through several crucial tips that will come in handy for anyone who wishes to place some profitable wagers. Check out our simple guide to online chess game betting, and you’ll be ready to start wagering right away.

1. Check the ELO rankings

   The ELO ranking is the main rating system for chess. It assesses every participant in a chess tournament, assigning them a certain number of points. Make sure to check the ELO rankings of each competitor beforehand. It will help you define which player will be the most beneficial to bet on.

2. Check the Player’s History

   Before playing your chess bet on a particular player, check the match history of every competitor. Statistics is key. Often, a wager placed on a player with more wins under their belt has the highest winning potential.

3. Look Out for Potential Ties

   Study the profiles of both players and the general overview of your chosen game. Take all changes and variations in the rules into consideration. You have to be always ready for a possible tie in the match.

4. Catch-Up Betting System

   Before placing your wager on a chess tournament, don’t forget to look through the chess betting system. Define the most profitable betting market and create a strong wagering strategy for yourself.

5. Know When to Quit

   Chess may seem monotonous to many punters, but in fact, it’s a very dynamic and intense game with a lot of unusual turns in every match. Chess betting is extremely thrilling, but it’s also important to know when to quit. If you see that a particular match is likely to be completely fruitless in the aftermath, the best decision is to refrain from placing your wager on it.

Chess betting is an extremely captivating activity at its core, but have you ever thought of ways to make it even more thrilling? In fact, if you decide to place a chess bet, you can pick not only from the suggested variety of classic betting markets. There are also several special types of bets that can bring you closer to a possible win.

Outcome Bets

Outcome bets are getting more and more popular in chess game betting. They are simple and perfectly suitable even for first-time punters. These are the three-way bets available for every chess match. If you decide to place an outcome wager, you’ll have to bet on one of the possible outcomes of the game. If your guess is correct in the aftermath, you can collect your prize.

Double Chance

Double chance chess betting can highly increase your winning potential. These are probably the most beneficial bets you can place in a chess tournament. The algorithm is no rocket science: place a combo bet on two or three possible outcomes of the match. Then, in case one of your predictions is correct, you can claim your winning.

Handicap Betting

Handicap is a popular type of betting market for numerous famous sports, and chess is not an exception. But how does it work there? There are numerous variations of this betting market, but the classic option entails that you can give your preference to a player which is considered weaker in a particular match. In this way, an unexpected turn in the match can play out in your favor.

Live betting is a widespread feature on numerous sports betting platforms. It allows punters to track all the updates on ongoing matches and place their wagers in-game. Even though live betting is much more popular for dynamic types of sports, a lot of bettors place their wagers on live chess matches as well. There are many reasons for that. For example, in the betting chess world cup, the course of the game depends on every move. The odds can change in the blink of an eye, and bettors had better be ready for that. If you track down the most beneficial odds during the ongoing game and place your stake at the most favorable moment, your winning chances will skyrocket.

Chess is not a seasonal sport, which means that you can basically place your wagers on this game regardless of the time of the year. But the best time for truly profitable bets is annual chess tournaments or championships. There are numerous opportunities to try one’s luck in betting chess world cup or super bet chess classic. Let’s take a closer look at the available tournaments for betting.

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  Chess World Championship

  Online betting chess game is the most profitable during the Chess World Championship. It takes place every two years, with dates and host cities changing for every tournament. There is a total of 14 games in a championship, and their aim is to define who will bear the title of the world chess champion for the next two years. Not a big surprise that this tournament attracts numerous chess bettors, eager for big wins.

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  Grand Chess Tour

  The Grand Chess Tour is held annually and comprises several major international tournaments at once. Since 2015, Grand Chess Tour has held numerous individual championships across the world, attracting professional players from each part of the globe to compete for impressive cash prizes. This is a circuit of the hottest chess events that cause an immense flow of sports wagers every year.

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  Chess Olympiad

  This is a biennial chess tournament organized by FIDE. In Chess Olympiad, players from numerous countries of the world compete, each one representing their nation. The host country for every tournament is chosen by FIDE in advance. In Chess Olympiad, there are gold, silver, and bronze medals assigned to the winning countries at the end of every championship. Such ranking creates numerous possibilities for diverse and profitable chess betting.

Now that you have a profound insight into all the perks of chess betting online, it’s time to place your first wager. Whether you do it pre-match or in-game, the most important thing is to choose a time-tested and verified sports betting platform. Check out our list of chess betting sites, take into account all pros and cons, and place your stake.

Online chess betting becomes lucrative only if you check the odds in advance. Trusted chess betting sites with numerous positive reviews from punters usually offer much higher odds. That is why you should place your wagers only on trusted sports betting platforms and always check the probability of every outcome in a chess match beforehand. Oddsmakers usually display the odds of every outcome depending on many factors. These include players’ history and personal ELO rankings, probability of ties, and other major aspects. Punters who check all these particularities beforehand and place their wagers only on the strongest chess odds have way higher winning potentials.

Bookmaker margin for the top Chess leagues

Bookmaker margin for the top Chess leagues

Bookmaker	Chess World Championship	Grand Chess Tour	Chess Olympiad
	6.54%	6.27%	5.01%
	5.93%	7.23%	7.49%
	7.19%	5.85%	5.98%
	8.33%	6.69%	8.05%