Make Money with Chess

How can you make money playing Chess? How can you earn money playing Chess? Does a play to earn mode exist for Chess?

Gamebeef's Play-to-Earn program offers a variety of payment options for chess players based on the game mode and duration. The following table shows the USD values for each mode, along with the payment amount for a win and the payment amount for a loss.​

For Bullet mode, which has a duration of 30 seconds, 1 minute, 1 vs 1, or 2 vs 1, players will earn $0.000125 for a win and $0 for a loss.

In Blitz mode, which lasts for 3 minutes or 5 minutes, or has a time control of 3 vs 2 or 5 vs 5, players will earn $0.0005 for a win and $0 for a loss. However, for a 3 vs 2 time control, the payment amount is slightly lower at $0.000495.

For Rapid mode, with durations of 10 minutes, 20 minutes, 30 minutes, or 60 minutes, or a time control of 15 vs 10 or 45 vs 45, players will earn $0.0015 for a win and $0 for a loss. The longest time control of 60 minutes has the same payment amount as the 30 minute time control, while the 45 vs 45 time control has a payment amount of $0.003.

Overall, Gamebeef's Play-to-Earn program incentivizes chess players to perform well in their games, with higher payment amounts awarded for longer game durations and more challenging time controls.

1. You need to have a Chess.com account. If you haven’t done so yet, create your account and download the mobile app from the official website or use the desktop version.
   
2. You need to sign up in gamebeef, sync and verify your gamertag. Your gamertag is your Chess username. Once verified, play matches in any of the following game modes: bullet, blitz, rapid and daily.
   1. Each game mode will yield different rewards based on its difficulty.
      
   2. Custom or event matches will not be counted.
      
3. ​Only wins will be rewarded with $$. Losses will not. This is because we want players to compete against each other in terms of their win rates, rewarding the best professional players over casual players or players who have lower win rates.
   

​How can you make money betting on Chess? Can you place bets on Chess games? Where can I find a Chess bettings website?

1. You need to sign up in gamebeef, sync and verify your gamertag. Your gamertag is your Chess username. Once your gamertag is verified, you can access a list of challenges tailored for every game mode. The higher your ELO is, the more you earn.
   
2. Pick any Challenge you desire and place a wager. After it’s selected and confirmed, you can start looking for a new match in Chess.
   
   1. ​You can choose any Challenge that suits your preferences, but keep in mind that some will have longer cooldowns than others, meaning you can only repeat them once in a while.
      
3. ​After you played the match, you can go back and click on “show results” button located in your dashboard. Our platform will fetch your recent match results and calculate the outcome for you. If you completed the Challenge, then you will win the bet and will be rewarded with whatever $$ currency you chose prior to the match.
   
   1. ​Keep in mind that every Challenge has its own difficulty and multiplier reward values. You can always check your earnings in your dashboard.

Betting on Chess is unavailable for the time being, but it'll come back very soon.

How can you make money participating in Chess tournaments? Where can I find or play Chess tournaments? Can I make money playing in Chess tournaments?

1. You need to sign up in gamebeef, sync and verify your gamertag. Your gamertag is your Chess username. Once your gamertag is verified, you can access a list of tournaments tailored for every ELO score. The higher your ELO is, the bigger the prize pots are.
   
2. Join gamebeef’s tournaments by checking on your selected game’s dashboard. You will see an option to join the tournaments by paying an entrance fee. This fee will then be added along with the other participants’ paid fees and you will be competing for a prize pot amongst the top # players!
   
3. After you joined the tourney, stack enough wins in order to secure the top # positions. You will have a predefined period of time to climb the ladder, so use your time wisely!
   
4. If you reached the top # positions by the end of the tourney, you will be rewarded with $$ accordingly. Enjoy!
   

Chess Leaderboards are unavailable for the time being, but they'll be back very soon.