Chess World Championships take place every even year on a two-year cycle, bringing together all of the greatest minds in the game. As a result, the FIDE, or the Fédération Internationale des Échecs, has been hosting the tournament since 1948 with a very high level of success. Over the years, this has opened up a lot of talent, which implies high stakes, as we will see here when we look at the best we can profit from. As a professional championship, the tournament itself dates back to 1886, though chess masters were being hailed for hundreds of years previous to this.
Countless famous names and faces have risen through the ranks and many of which have defended their titles over the years. All players are welcome to participate, although there is a separate Women’s World Chess Championship organized by FIDE under the same banner. Everyone from around the world is welcome to play in the main event, making it a truly international and egalitarian competition. Furthermore, this means that there is a lot of competition, which results in an interesting set of betting odds. The chess world championship has a lot to offer you, but what should you look out for when making a wager?
Betting strategy for the World Chess Championship
It is very common for the incumbent champion to hold on to the title, maintaining their position at the top. It therefore may not be so advantageous to bet on the leading champion, although you can consider any promising newcomer if its odds are competitive. If you decide to bet on the reigning champion against the field, you pit them against all the other players. Keep up with social media and the latest news, and watch older games to see how everyone plays. With a better understanding of world chess championship live betting, you should be able to make better decisions and win more often.
What is the Chess World Championship?
This championship has been held once every two years since 2014, on even-numbered years. As a tournament, many of the top chess champions played a key role in its development, like Garry Kasparov who formed a breakaway event before it was reabsorbed into the main championship. The Candidates tournament has been the venue where suitable candidates to the crown have been found over the years, with many undisputed champions rising through the ranks. It takes two years from the start of the Chess World Championship to the start of the Championship, with qualifications done well in advance. Currently, FIDE has set up and organized its system so that it looks like this:
- Qualification: This occurs in odd-numbered years, as players are selected for the Candidates tournament.
- Candidates: This occurs during the beginning of odd-numbered years when it is necessary to narrow down the contender pool in order to select someone to challenge the defending champions.
- World Championship: After the voting for the Candidates, it takes place during the second half of even-numbered years following the Candidates.
This is such a competitive event, particularly when it comes to selecting a player for the throne. However, what can you learn from this, and how can you possibly profit from placing a bet?
