Feature : Play for money

  • #1

    The basic idea -

    The players decide if they want to play for money. They and only they contribute to the sum at stake (equally). The amount should have a upper and lower limit. Also each player should have a credibility rating - ie, if the player lost, what was the percentage of times the player paid up the amount. chess.com can provide a completely separate option to play for money.

    what is in it for chess.com? it receives a part of the amount from the winner of the game for hosting the game.

    what is in it for the players? money ofc plus credibilty ratings.

  • #2

    Chess.com, home of $10,000 centaur games.  Sounds good to me.

  • #3

    Gambling on Chess.com? This department is for improving the site, not worsening it! Tongue Out

  • #4
    whirlwind2011 wrote:

    Gambling on Chess.com? This department is for improving the site, not worsening it! 

    How is it gambling? If it was, the rated players would not play for money. Chess is not based on probability or forecasting. It is a logical strategy game. you control the outcome of a game based on your choices of moves.

    Gambling is something whose outcome is based on probability (chances) and is not definite. Moreover, the beneficieries are only the players and the game host directly.

  • #5

    Wagering money on the outcome of any game is gambling. At any rate there is enough whingeing about cheaters, this would just wreak havoc.

  • #6

    chess.com gambling is going to drain peoples life away, like real life gambling, and my friend Erik could get in some legal trouble. (Sorry)

  • #7

    no, it is a bad idea just because of the fact that chess engines are so common, and the most games would be between houdini and houdini, not between two members

  • #8
    [COMMENT DELETED]
  • #9
    [COMMENT DELETED]
  • #10
    Snar wrote:

    no, it is a bad idea just because of the fact that chess engines are so common, and the most games would be between houdini and houdini, not between two members

    snar - you have a logical point. thats possible. but that is open to both sides. its again their choice of the engines. moreover since the amount at stake should be  small, it should not really matter. also chess.com ensures that already to prevent the bad guys from all kinds of hacking.  they already are doing a great job

    edit: game formats also can filter that possibilty out

  • #11
    ivandh wrote:

    Wagering money on the outcome of any game is gambling. At any rate there is enough whingeing about cheaters, this would just wreak havoc.

    @ivandah - By your definition of gambling, all game tournaments (where the winner wins the prize money) are gamble? In this case the tournament is between two ppl..

     

    edit: Yeah cheaters are always there. you cannot control the intentions of a bad guy.thats teh reason for setting up the credibility ratings (i have mentioned this above). Also i have mentioned to cap the amounts (may be small) so that it is actually practical

  • #12

    @OP: Small amounts would quickly add up to large amounts. People addicted to gambling would have extreme difficulty stopping the betting.

    To deny that this is gambling is delusional. The game of Chess is purely skill, but many agree that some luck is involved, nonetheless. Factors beyond either player's control remain. If one player is having a good or bad day, this is an intangible that, from the point of view of the other player, is lucky.

    Accidental disconnections also diminish the focus on skill, consequently raising the luck factor.

  • #13

    Modest amounts sounds good.  Prize funds are a very usual way to introduce money into the game so how about it knamit01, can you put up something modest?  A thousand Euro would attract a good entry I imagine.

    I'm sure the site will be willing to call the event "the knamite01 trophy" or something commemorative like that.

  • #14

    I came here to avoid gambling harems like chess.cube.

    pleaseeeeeeeeeeeeeee. sigh.

  • #15

    Hmmm, not one comment yet about it being illegal...

  • #16

    Indeed which is why at chesscube the play is for tokens.

    Gambling elswhere strictly-regulated and differs according to country. Not a good-idea for this site.

  • #17

    This sounds like a real bad idea IMHO. And the US govt is not in favor of online gambling as far as I know.

  • #18

    " @ivandah - By your definition of gambling, all game tournaments (where the winner wins the prize money) are gamble? In this case the tournament is between two ppl.."

    The difference is a third party offers prize money to the winner, the two players aren't wagering their own money.  Chess.com offers prize money to Death Match Players.  That's winning a prize, not gambling.  

  • #19

    Just call it one game tournament!

  • #20
    AlCzervik wrote:

    Hmmm, not one comment yet about it being illegal...

    Because it is not illegal.  Chess is considered a game of skill.  Many tournaments have entry fees and Prizes, this is legal because games of skill are not considered gambling.

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