Upgrade to Chess.com Premium!

Betting on Chess

Over the weekend I did something I've never done before.  I had a bet on the Chess!  It was fun and I won!  This luck won't continue, but you'll see my highs, lows and tips here.

Now, I'm not a betting man so I had to set up an account and deposit some money.  Just a small amount, because this is for fun and not profit.  It's probably obvious that you shold never bet what you don't want to lose, becauselosing is the most likely outcome!

My starting "kitty" or pot of money is £10.

My first bet was any two of the four Linares games would draw.  I put £0.50 on each of the 6 possible doubles (Ivanchuk drawing his game and Wang drawing his, Ivanchuk drawing his and Dominguez his, Ivanchuk drawing his and Aronian his, Wang drawing his and Dominguez his, Wang drawing his and Aronian his, Dominguex drawing his and Aronian drawing his)!

In total a £3 bet.

The odds of the draws were:

  • Ivanchuk v Grischuk: 2-5
  • Wang v Carlsen: 4-9
  • Dominguez v Anand: 4-9
  • Aronian v Radjabov: 4-7

The reason I chose this bet was because Carlsen and Anand both had Black pieces and Grischuk had started the tournament well.  I thought Aronian might win his game (which is why I went for doubles rather than an accumulator).

The outcome was ALL games drew and my return was £6.44, the kitty now stands at £13.44.

Comments


  • 5 years ago

    mq1982

    Hi,

    For those interested I've moved this to www.chessbet.blogspot.com as I don't want www.chess.com to tell me off for promoting betting :-)

    Go checkout the latest result!

    Mike

  • 5 years ago

    mq1982

    I did.  Didn't have the time.  Might start again soon :-)

    Mike

  • 5 years ago

    keeganomahoney

    Have you stopped betting?

  • 5 years ago

    mq1982

    The result gives us £10.91 in the kitty.

    I'm looking at a rapidplay bet later today, so for now I'm playing with change and sticking £0.5 on Radjabov to win, at odds of 21/10.

  • 5 years ago

    mq1982

    Down to £6.55 in the kitty, so I'm going to go against my rules and bet the pot!

    Kramnik to win at 4/6.

  • 5 years ago

    mq1982

    It's been a while since our last bet, but with the Amber underway I think I'll have a punt this morning.

    Karjakin v Kramnik (blind) looks good.  Karjakin has only scored 0.5/2 whilst Kramnik is on 2/2.  However, Kramnik is suffering in the rapidplay so needs to keep his blind scores up to stay in touch with the leaders.  I think Kramnik will be strong in this and have taken a bet on that.

    At 17/10, we have £2 on Kramnik winning his blind match against Karjakin today.

  • 5 years ago

    mq1982

    I've been busy this week, but expect more next week!

    Current £8.55 with £2 on Anand for the blind/rapid tourney!

  • 6 years ago

    mq1982

    Yes, I did!  Unfortunately.  The "big" loss took the kitty down to £7.55, but then the Topalov match win took us back up to £8.55.  This is our first time in "the red" so a nice litle long-term bet is on the cards.

    The 2009 Melody Amber, in Nice, starts on 14th March.  A blindfold/rapid tournament.  Kramnik, Anand and Morozevich do well in this, but my money is on Anand.  At 11-4 to be the outright winner a nice little £2, should be fun.

  • 6 years ago

    shootfilm

    What's your kitty looking like now? Did you bet on the Topalov-Kamsky game?

  • 6 years ago

    mq1982

    No play between Topalov and Kamsky today, so no bets on that today.

    A bet on the Topalov and Kamsky drawing at 8-13 looks good. Kamsky needs a win, but has the Black pieces.  If he over stretches it'll be lost, so a solid game by both leave Kamsky the White pieces in the final game.  A big bet of £6.50 on this, because I don't think Topalov will want to push too hard knowing that he needs to hold a draw in the last game.

  • 6 years ago

    mq1982

    Thanks, Joe, but ultimatly the bookies will win - we just need to have fun along the way.

    Today, I placed a £0.50 bet on 2 Black wins today. 6 Doubles = £3.

    The 4 strongest players wewre on Black, but with Anand struggling and 2 games already drawn, that's £3 gone.

    £14.05 in the kitty.

  • 6 years ago

    mq1982

    I forgot to mention the odds above, which were 8-11.

    The result gives us a return of £8.58 and a kitty total of £17.05.

    Whilst the game was in progress I placed a bet Topalov to win the match.  The odds were and I placed 1-2 and I placed just £2 on this.

    It's important to remember that whilst are kitty is up 70.5% our bet size should not increase by this amount.  The most you should ever bet is half your kitty!

    I'll have a look at Linares and possibly place a small bet on that tomorrow.

  • 6 years ago

    mq1982

    To prove my bets aren't reported after the event.  Here's today's bet!

    I've placed £4.97 on the Kamsky v Topalov game going to at least 39 moves.

    My reasoning is that the first game only went to 36 moves, because it was the "nervous" first game.  The second game went to 32 moves because of the open play and the 3rd game was decided a little early (a draw after 37 moves). The 4th game went well past 38 moves (77!) were Kamsky got his victory to bring the score back to 2-2.

    Both players have just had a rest day and will be looking for stability (I hope).  Topalov is the better player (IMO) and has the White pieces, so will play for a win (especially after getting beat in the last game). Kamsky will try and force a draw.  I think this game will be a little longer.

    Let's find out!

Back to Top

Post your reply: