Chess engine points and game outcome win chances

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Avatar of j-r-p

Does anyone know of a study / way to correlate chess engine point ratings with the chance-to-win a game?

For example, if a position has a +3 point advantage, does that mean the computer has a 80% chance to win?  Obviously everything would depend on the play of the game, but I'm wondering about a statistical study with the top ranked chess engines / grandmasters.  Just looking for a rule of thumb conversion.