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by Sam Cassidy on June 30, 2021

Best Sportsbook Accepting BTC on Chess World Cup 2021

An upcoming Chess World Cup 2021 will be held in Sochi, Russia from July 10 to August 6 where the top players will decide the winner. The prize fund of the upcoming World Cup has collected a record $1,890,000, where the winner gets $110,000. It will be attended by 309 of the world’s strongest chess players – 206 men and 103 women.

This summer, the world chess championship will take place in the resort capital. This decision was made by the interdepartmental commission for the organization and holding of international sports competitions on the territory of Russia.

The two World Cup finalists will be eligible to participate directly in the Candidates Tournament. Therefore, according to a FIDE press release, 206 chess players will take part in the competition. We can remember that the last World Cup brought together 128 participants.

The Norwegian world champion will be the name you are looking forward to. He has never won a World Cup. The last time in 2017, he lost in the third round to Bu Xiangzhi from China. Even if Ian Nepomniachtchi, a contender for the championship title, defeats the champion in their upcoming match for the chess crown in Doha, Carlsen still gets the right to play in the next Candidates Tournament.

While chess is not as popular as other sports including football, tennis, NFL, volleyball, such an event draws the attention of many spectators around the world, primarily because, their fellow citizens are participating in the tournament. Thousands of people are going to watch the tournament, and the popularity of chess is rising due to the rising number of streams on Twitch and other platforms. Plenty of punters will be involved as well, making their predictions on favorite players.

How We Rated Top BTC Bookmakers?

When we faced the process of choosing the best Bitcoin bookmakers for Chess World Cup 2021, we set ourselves a particular methodology. First, we paid attention to the regulation and licenses of the websites. Then we explored the available odds – how they distinguish from the other ones. Also, we had a look at additional options and the possibility of outright betting. The latter is exciting because you get the chance to place long-term bets and increase winnings. Finally, we checked the available bonuses on the website. Let’s delve deeper and find out the best bookmakers.

Top Chess World Cup 2021 Bookmakers

Below you will find bookmakers that are everything we wanted them to be when choosing a place to bet on the Chess World Cup.

TOP CHOICE

1xBet

Year Established

2007

100% up to $100

Get Bonus

Licence

Tech Provider

Coins

Processing Time:

Instant

1xBet was established in 2007. The crypto bookmaker offers almost every possible sport, with eSports betting as well as a lucrative 100% first deposit bonus!

GGBet

Year Established

2016

100% Up To $200

Get Bonus

Licence

Tech Provider

Coins

Processing Time:

Instant

GGbet has 50+ sports to bet on. Including a huge eSports selection. The site offers 4 different deposit bonuses and a 15% cashback that goes up to 100 euros.

Cloudbet

Year Established

2013

100% Up To 5 BTC

Get Bonus

Licence

Tech Provider

Coins

Processing Time:

Instant

Cloudbet crypto bookie specializes in sports and eSports betting. Check 20+ sports, 10+ eSports and claim a 100% first deposit bonus!

Note that CryptoBetting may be compensated when you click the link. Visit our affiliate disclosure page for more details.

1xBet

1xbet sportsbook logos

Coins: BTC, BCH, ETH, LTC, DOGE, XRP, TRX, EOS

Bonus: 200% up to $1000

License: Curacao

We should start our list with 1xBet crypto bookmaker. It was established in 2007 and since then has become one of the leading betting sites on the Internet. The bookie offers a wide variety of sports and unlike many bookmakers offers betting on chess matches. World Cup 2021 is featured in the sportsbook and the offered odds are one of the highest compared to other bookmakers. We should also point out that 1xBet sportsbook has a wide selection of additional bet markets, including total moves, handicaps. You can also guess the overall winner of the tournament. Because there are so many players, you will get increased odds on this option and if you are right, the winnings will be high. Live betting on 1xBet is available, though punters do not turn to this option frequently in chess.

1xBet crypto sportsbook offers a hefty 100% deposit bonus of up to $100 or equivalent in other currency. The sportsbook sets wagering conditions on the given funds and by placing bets on chess, you can meet the requirements set by 1xBet.

Sign Up on 1xBet Here!

GGBet

ggbet sportsbook logo

Coins: BTC

Bonus: 100% up to $200

License: Cyprus

GGBet online sportsbook was founded in 2016 and the betting site was initially focused on esports. Since then it has paid more attention to different sports and while football and basketball dominate on the bookmaker’s website, chess betting with crypto is also an option – especially when there are major tournaments. Chess World Cup 2021 is one of them. The event is one of the most anticipated tournaments on GGBet. Here the odds on the offered matches are one of the highest. You can access a wide range of additional betting options from double outcome to handicaps. You can make long-term bets on the winner of the tournaments, but it will take thorough analysis to make an accurate prediction.

GGBet generally does not have permanent bonuses on the website and the majority of promotions are temporary, tailored specifically to particular events. You can claim deposit bonuses that vary depending on the month. As soon as you fund your balance with a minimum required amount you will get extra funds for playing – generally 100% of your deposit.

Sign Up on GGBet Here!

Cloudbet

cloudbet sportsbook logo

Coins: BTC, BCH, ETH, USDT, and 5 others

Bonus: 100% on deposit

License: Curacao

Cloudbet crypto bookie was founded in 2017 and the bookmaker is one of the best betting sites in the crypto gambling industry. The company offers a diversity of sports and chess is also present. We should note that when there is a major competition or match, Cloudbet is ready to offer its customers a wide range of betting options as well as great odds, that will ultimately result in large winnings. Furthermore, Cloudbet crypto bookie supports betting live on chess matches. If you miss a particular encounter you can always head to the Live section, choose your preferred match and start placing bets. The section “Highlights” will show the most popular matches for a particular period of time and you can include them in your betslip.

Cloudbet does offer its users a large 100% welcome bonus of up to 5 BTC or equivalent in other currencies. To qualify for the bonus you need to deposit a required minimum amount. You will earn points and at the same time, the received funds can be used in sports betting on any event.

Sign Up on Cloudbet Here!

Latest Odds for Chess World Cup 2021 Betting

This year’s Chess World Cup is arguably one of the best in recent years. While a lot of people think that the majority of players are not fully motivated during this tournament, we cannot say the same this year. The main favorite to clinch the title and massive prize fund will be Magnus Carlsen. Fabiano Caruana, alongside Shakhriyar Mamedyarov who won Superbet Chess Classic, are also the main contenders for the title. The tournament will feature 8 rounds. The time limit will be 90 minutes plus 30 minutes increment after the 40th move and 30-second increments per move. The classic format generally benefits players like Levon Aronian, Fabiano Caruana, Anish Giri.

I think that it is difficult to say in advance who will win the championship, but Magnus Carlsen will still prevail and end up as a winner. The odds on his championship are pretty decent. In my opinion, we should not write off Alireza Firouzja, who is considered by many experts as the future world champion and heir to Norwegian Magnus Carlsen. Nihal Sarin is also a prodigy and future contender for the title. In short mentality and motivation will determine a lot of things in the long run.

Final Words

Amid the coronavirus pandemic, where a lot of events were postponed or called of because of the fears of spreading the virus, we can finally see a tournament where top-class players will be competing against each other. Perhaps, one of the most surprising things is that Hikaru Nakamura is not going to participate in the tournament. He is one of the best players in the world. The remaining candidates have to do whatever it takes to reach the final and get the desired title. We could probably witness a lot of underdogs defeating prominent players and reaching the next rounds.

FAQ on Chess World Championship Betting

Who are the favorites to win Chess World Cup 2021?

I think there are 3 main favorites for the title: Magnus Carlsen, Fabiano Caruana, and Levon Aronian. Carlsen, who will have a World Chess Championship match against Ian Nepomniachtchi will be looking forward to winning and claiming the title, which he has not won throughout his career. Aronian and Caruana in their turn are brilliant classic players. The mindest and mentality will play a massive role for every player in the tournament.

When will the Chess World Cup 2021 take place?

Chess World Cup 2021 is the 9th edition of the tournament and will take place from 10 July to 1 August. Players will be seeded by FIDE rating and 8 round knockout format will be present. 2 top finishers in the tournament will earn the place for the Candidates Tournament 2022, except Magnus Carlsen and Teimour Radjabov.

What is the prize fund?

The total prize fund for the tournament is $1,892,500. The player, earning the fourth, third, second, and first place will get $50,000, $60,000, $80,000 and $110,000 respectively, while the rest of the funds will be divided into separate rounds.

Where to bet on Chess World Cup 2021?

You can bet on Chess World Cup 2021 on the 1xBet crypto bookmaker’s website. The sportsbook has everything you need – from decent odds to a wide range of additional options and bonuses. The bookmaker has outright betting available for players where you can guess the overall winner of the tournament. Odds on this option are one of the highest, compared to bets by individual matches.

By Harry Fordyce

Harry Fordyce

Harry is a relentless sports fan and the site’s legal expert as far as sportsbooks go. He has a tremendous amount of experience in sales. His background in sales comes very handy while working in the Crypto Betting team. Over the course of 7 years of working for different crypto bookies and casinos, he has gained vast knowledge of crypto wagering. Due to his abilities, Harry has an eye for detail and can identify legitimate bookies very easily. All of our featured sportsbooks go through a security check with him first before we start to write about them, he’s also a terrific editor.

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