Checkmate! – Bitcoin Chess Betting With Top Crypto Bookies

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). Most often, the most profitable bet in chess is when you bet on the win. The odds for the outcome are the highest.
A double outcome is also a possibility one of the chess players wins or draws (1X, X2) or one of the chess players wins (12). This is the safest option, in which the bet is made on 2 out of 3 possible outcomes.

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.

3 Sites to Bet on Chess With Bitcoins

Chess requires a lot of analysis and thorough knowledge of different players’ strategies. Here we have created a list of the top 3 BTC chess bookmakers that have good odds, decent options for betting, and various bonuses. Let’s explore why they are ranked so well and what makes them so special.

TOP CHOICE

Stake

Year Established

2017

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200% Up To $1000

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Tech Provider

Coins

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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!

Bitstarz

Year Established

2014

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100% Up To 5 BTC

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Licence

Tech Provider

Coins

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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.

Crypto-Games

Year Established

2023

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200% with code: CryptoBetting

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Licence

Tech Provider

Coins

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Processing Time:

Instant

Gorgeous bonuses, weekly jackpot, awesome weekly rakeback, what else do you need? Join the action now!

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

Stake.com

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Sports: 40

Coins: BTC, LTC, DOGE, ETH, XRP, TRX, and 12 others

Bonus Size: 200% up to $1 000

License: Curacao

Stake.com is a bookmaker that offers almost every sport for betting and decent bonuses for players. At the same time, 18 cryptos are supported for payments in addition to playing with real money.

Stake.com bookmaker gives the opportunity to get one starting bonus to beginners. The essence of the offer is to accrue 200% of the amount of the first deposit, but it can not exceed 1000$. To take advantage of the offer, the punter must go through the full registration procedure of the game account on the official website. To open an account on the bookmaker’s website you need to go to the link to the official website of the bookie and in the top right corner to click “Registration” before you claim the Bitcoin sports welcome bonus. After that, the registration form will appear on the screen, which you need to fill out: To get a welcome bonus, the punters must make the first deposit. To do this, complete the deposit in any convenient way, which is presented in your personal account. After that, the amount of the deposit will get into the main account. As mentioned above, the size of the initial bonus cannot exceed 1000$ or equivalent in other currencies.

Grab Your Stake.com Bonus Here!

GGBet

ggbet sportsbook logo

Matches: Up to 5

Coins: BTC

Bonus: 100% up to $200

License: Cyprus

GGBet online crypto bookmaker started operating not long ago, but already managed to gain a huge base of customers. The bookie mostly focuses on eSports betting, but unlike its competitors decided to feature chess betting in its broad sports line. It should be pointed out that GGBet, like 1xBet, offers major competitions for betting, including the World Chess Championship. In addition to perfect odds and moneyline betting, the sportsbook provides users with a decent additional bet market. Here you can predict the number of total moves for each match. Considering the level both of these players are playing it is likely that there will be more than 40 moves and the bookie offers 45.5 moves, with some really nice odds. When there are other tournaments, you can also have a look at more diverse possibilities.

GGBet is famous for its bonus policy. Even though the bookmaker does not have permanent bonuses, temporary promotions will always keep you excited. Mainly they are oriented around the deposit. After you fill your balance with a certain amount of money, you will instantly get a chance to get additional funds for betting which is a massive advantage compared to other crypto bookmakers.

Sign Up on GGBet Here!

22Bet

22bet sportsbook logo

Races: Up to 10

Coins: BTC, LTC, DOGE, ETH, XRP, USDT, and 19 others

Bonus: 100% up to $100

License: Curacao

Since 2018, 22Bet has been one of the top names in the online gambling industry. The bookie offers a diversity of sports, major leagues, and competitions, as well as the possibility of Bitcoin horse racing betting. When it comes to the latter, championships and races are held frequently and 22Bet has a wide array of competitions. Usually, bets and selections are known beforehand. Odds are pretty decent. Live betting is supported and the additional bet market is also vast. You can place bets on the winner, match-ups, finishing positions, who will end up in the top 2 or top 3, etc. Generally, analyzing statistics and past results is helpful to make more clever predictions.

Betting on horse racing is more exciting when there are additional bonuses, that grant you an opportunity to claim more winnings on the bets. 22Bet offers a massive 100% first deposit bonus. As soon as you register on the website, you can claim the bonus of up to 100 EUR or equivalent in other currency. The received funds are usable in any sport including horse racing.

Sign Up on 22Bet Here!

Crypto-Games.io

crypto-games-ioSports: 28

Coins: BTC, USDT, ETH, LTC, BCH (10 total)

Bonus: 200% up to 20,000 USDT

License: Costa Rica

Betting on chess championships and matches is available on Crypto-Games.io as well, which is a crypto bookmaker and casino where players can deposit major cryptocurrencies, such as Bitcoin, Ethereum, and others and withdraw winnings in a matter of minutes. 

Crypto-Games is licensed in Costa Rica by the country’s Gambling Commission and offers its services to an international audience of players. 

When signing up at Crypto-Games, clients can expect a 200% welcome bonus of up to 20,000 USDT. 

When betting on chess and other sports, players can choose their preferred odds formats, such as decimal, fractional, and money line.

Sign Up at Crypto-Games.io Here!

What Bets Can You Place on Chess?

Chess is a game where could be 3 different outcomes: first player winning, the second player winning, or a draw. There are no other options. Considering that high-level players often draw with each other in matches, odds on winnings are notably higher. Because of that the bookmakers have different options w

Moneyline Betting

This one is simple you need to guess who will win a particular tournament. It could be a single match or series as it is in the World Championship tournaments. Sometimes players need to win several matches to defeat the opponent. Depending on the rules and regulations, it can consist of a different number of games (up to 24). You can bet on this outcome both before the start of the match and after several games have played.

Outright Bets

This is a long-term prediction in which the player needs to predict the winner of the chess competition. The bet is calculated after the end of the tournament or at the moment when the winner is determined ahead of schedule. Usually, punters bet on the favorite and the odds start from 2.0-3.0.

Betting on Draw

Draws are frequent in chess matches, but provide less attractive odds, than on winning. In addition to winning each of the chess players, you can bet on a draw. This is the most common outcome, so the odds on it are quite small. It is ideal to carefully observe the statistics of each player to have a more comprehensive insight into the matches.

Double Outcome

The double outcome means that either the first player wins or draws or the second player wins or draws. The coefficient for such an event is much lower than just for the victory of one of the participants, but you can insure the risks against an unforeseen outcome. If you are playing with large funds, such an outcome can increase your winnings notably.

Handicap Betting

Handicap betting is an option that is present in every sport and chess is not an exception. This bet is possible primarily on World Championship matches when there are several games in order to determine the winner. For example, if there are 10 games one of the opponents must win by at least 1 point for you to guess the prediction. It could be different in different bookmakers.

FAQ on Crypto Chess Betting

How do you bet crypto on Chess?

When it comes to online chess betting, everything is way easier than you have expected. The only thing required, unlike traditional bookmakers, is to create a working crypto wallet, that will serve as a storage to your digital coins be it Bitcoin, Ethereum, Litecoin, or the other ones. After you have found proper chess online bookmakers and created an account you can deposit the funds safely on your account. Keep in mind that different cryptocurrencies, might require different addresses, so be careful, because if you mess up these addresses the funds will be lost for good.

As soon as you have deposited the money into your balance you are ready to start playing. Go to the sports section of any chess betting sites, choose your preferred discipline, select the matches for a betslip and start betting. Limits on winning with crypto are way higher so in case you are right with your predictions expect a decent income.

What kinds of bets can I place on Chess?

Grandmasters are not often found at the game boards, regular competitions are not held. However, the best chess betting sites are full of events. The only event that attracts the most attention is the World Cup. It consists of several games, in which the champion and the challenger meet. As a rule, bookmakers offer to put money on one of the participants.

In the line of bookmakers you can find the following types of bets on chess:

  • Moneyline betting
  • Double chance;
  • Winner in the extra game;
  • Draw.

In addition to championships, a huge number of bets are accepted at the Grand Prix (commercial tournaments). Usually, 10 players participate in them, competitions are held in a circle, lines increase rapidly. Bookmakers more often offer long-term bets, i.e. even before the start of the tournament, offer to determine the winner of any meeting, a new champion or an active champion. Overall, bets on chess are quite interesting and require a thorough analysis.

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