Chess is an ancient intellectual game, but at the same time, chess is an official sport present on many bookmakers’ websites and it is even possible to bet on chess with Bitcoin. Therefore, there is nothing surprising in the fact that a large number of bookmakers offer their clients to predict the outcome of a chess event and enjoy chess betting online. However, compared to sports like football and basketball chess is not the main option for punters and they usually go for team sports.
The most popular sports among the total number of punters are team games, such as football, hockey or basketball, as well as tennis, which is especially prominent among professional players. In most cases, professionals choose tennis for betting, largely because the outcome of a match depends on only two people. In this sense, chess is similar to tennis.
Comparing regular chess online betting with crypto chess betting is simple. In the latter, you will not find significant differences from the former, as the main principles remain the same. In both of these, you have to guess a winner of a particular match. Outright betting is similar and the only thing that really distinguishes crypto betting from its usual counterpart is the possibility of betting with different cryptocurrencies, such as, Bitcoin, Ethereum, Litecoin, etc.
Types of bets in chess gambling are pretty interesting, although there are not too many options. Moneyline betting is the victory of either the first or the second chess player, or a draw (W1, X, W2).
To successfully start betting on chess with crypto the only thing you need is a crypto wallet, which is used for keeping your cryptocurrencies. There are many possibilities of creating such a wallet. You should transfer funds to a bookmaker’s account and proceed with betting.
For the longest time, chess was a sport that was overlooked by punters. However, the advent of crypto betting has greatly popularized the sport among punters too.
However, choosing the proper sportsbook for chess bets can be challenging, especially for beginners. This is why we have compiled a list of the three best-rated crypto bookies that offer some of the most interesting chess matchups between grandmasters from around the world.
Each of these bookies are reputable and allow their clients to wager on chess using cryptocurrencies.
Licence
Tech Provider
Coins
Processing Time:
Instant
With more than 40 different sports and eSports for betting, Stake crypto bookmaker has one of the best odds. Join the race!
Licence
Tech Provider
Coins
Processing Time:
Instant
Gain up to 5 BTC in deposit bonuses alongside free spins on Bitstarz! Spend it on over 2800 casino games designed and ready for BTC gamblers.
Licence
Tech Provider
Coins
Processing Time:
Instant
Gorgeous bonuses, weekly jackpot, awesome weekly rakeback, what else do you need? Join the action now!
Sports: 40
Coins: BTC, LTC, DOGE, ETH, XRP, TRX, and 12 others
Bonus Size: 200% up to $1 000
License: Curacao
Arguably the best chess betting site around, Stake.com is a popular sportsbook that is licensed in Curacao and offers its services to hundreds of thousands of clients worldwide.
Aside from chess matchups between some of the most respected GMs in the world, Stake also offers numerous other professional sports and esports titles from thousands of football and basketball positions, to esports matches from Counter-Strike, Call of Duty, League of Legends, and many more.
Upon signing up at Stake.com, users can expect a 200% welcome bonus that rewards them by up to the equivalent of $1,000 in the cryptocurrency of their choice, of which there are 18 supported on the platform.
The VIP Program is another important feature of the Stake.com platform and rewards existing players with rakebacks, free bets and cash prizes as they level up and climb the leaderboard.
A major advantage of using Stake.com for any sports betting is that there are no withdrawal limits, which means that you can cash out all of your winnings in a single transaction if you wish to do so.
The official Stake.com website allows users to choose between 16 different interface languages, which makes Stake an easily accessible bookie for a global audience of punters.
Overall, Stake is one of the best chess betting crypto sites out there and you cannot go wrong with choosing this platform.
Grab Your Stake.com Bonus Here!
Sports: 20
Coins: BTC
Bonus: 100% up to Dong 700,000
License: Curacao
BitStarz is one of the most popular crypto betting sites for multiple sports punters, which includes chess as well.
The bookie offers some of the most interesting chess matchups between grandmasters, which amounts to thousands of positions throughout the calendar year.
BitStarz is licensed in Curacao and offers sports betting and casino services to hundreds of thousands of clients from all over the world.
When signing up for a BitStarz account, users can expect generous bonuses that reward their first four deposits by up to 1 BTC per each deposit.
As for cryptocurrencies, there are three options for BitStarz clients BTC, ETH and BCH.
While the bookie may lack some variety in this regard, it more than makes up for it by its promotional campaigns that reward active clients with recurring cash prizes and free bets.
Overall, BitStarz is a great choice for punters looking to not miss out on the most important chess matches, as well as plenty of other professional sports and esports titles.
Sports: 28
Coins: BTC, USDT, ETH, LTC, BCH (10 total)
Bonus: 200% up to 20,000 USDT
License: Costa Rica
Crypto-Games.io is a crypto-only sportsbook that offers 28 sports titles to its clients, which also includes chess. While chess matches are not as frequent as football and basketball matches, hundreds of matchups featuring some of the notable grandmasters are on offer, allowing punters to bet on the likes of Magnus Carlsen, Fabiano Caruana and many other GM-s.
When signing up at Crypto-Games, users are met with a generous 200% bonus of up to the equivalent of $20,000, as well as continuous prizes and rewards for active players.
The selection of cryptocurrencies is also quite decent, with 15 different coins being available for deposits and withdrawals.
Furthermore, the Crypto-Games.io official website is available in 9 different languages, making it convenient and user-friendly for millions of punters worldwide.
Sign Up at Crypto-Games.io Here!
Chess is a unique sport and the types of bets punters can place on chess matchups also differ from your typical positions found on online sportsbooks. However, there are some similarities in terms of how they function and what outcomes allow punters to win.
Below we can look at 5 of the most common types of bets made on chess matches and discuss how each of them function
This betting position is self-explanatory, but quite challenging to guess. Punters bet on which player manages to capture the first piece of the opponent, which adds a degree of excitement to the game.
Chess players have different strategies based on who makes the first move on the board, therefore, it can be exceedingly difficult to accurately guess which player manages to get the first piece.
Despite this, in most games, the first piece to be captured is the pawn, which makes the process a little more predictable for experienced punters.
Similarly to the over/under bets on football, basketball, tennis sets, and other sports, the over/under in chess involves guessing the total number of moves made by each chess player before the end of the match.
The bookmaker will provide a specified number based on the average number of moves made per game by each player, which allows punters to use their knowledge of prior games to guess how long the game might go on and how likely a certain number of moves are for a particular player.
A betting position that is unique to chess, the opening played position seeks to guess which type of opening a chess player will make.
Due to years of accumulated experience, there are certain types of chess opening strategies that are common among professional players. For example, some of the most common openings are: the King’s Pawn, the Queen’s Pawn and the English Opening. Each of these strategies have their variations and are suited for different styles of play. If the player prefers a more aggressive approach, they may choose the Sicilian Defense or the King’s Gambit, which open up more room for pieces behind the pawns to maneuver on the board early on and attack the opponent’s defense.
A relatively straightforward one, the exact score prediction position allows punters to guess the exact score by which the match will finish. It must be noted that such positions come with high odds regardless of the sport, as accurately guessing the exact score can be very challenging and not often based on realistic expectations, forecasts, or calculations and are more risky.
The most common bet of them all, betting on the match winner presents players with one of three outcomes Player 1 wins, Player 2 wins, or the match ends in a draw.
Draws tend to have particularly higher odds, thanks to the lower probability of a match ending in a draw. Overall, match winner bets are the least complex and easy to grasp bet types on any sport and chess is no exception.
