Betting on the FIDE World Chess Championship Online
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History of the FIDE World Chess Championship
The first official World Championship match in 1886 between Wilhelm Steinitz and Johannes Zukertort is widely recognized as the start of this prestigious event. Steinitz emerged victorious, becoming the world's first official champion. From 1886 to 1946, the reigning champion largely dictated the terms of engagement. This meant challengers had to invest a significant amount of money to even get a chance to face the defending champion.
In 1946, Alexander Alekhine, the reigning world champion, sadly passed away. This opened the door for the World Chess Federation, FIDE, to take over the organization of the World Championship. The championship resumed the following year and has since grown into one of FIDE's major sporting events. A series of qualifying tournaments were held every three years from 1948 to 1993 to determine the official challenger.
Garry Kasparov, the reigning World Champion at the time, broke away from FIDE in 1993. This led to a splinter championship title being contested for the next thirteen years. The two titles were finally reunited at the 2006 World Chess Championship. Since then, FIDE has maintained full control over chess matches globally. Currently, FIDE organizes the World Chess Championship every two years.
Magnus Carlsen's Dominance
Magnus Carlsen from Norway has been the reigning world champion since 2013. Carlsen also holds the record for being the youngest player to achieve a rating of 2800. The Norwegian prodigy burst onto the chess scene and quickly became an elite player. However, due to his dissatisfaction with the then-current format, he withdrew from the 2010 Candidates Tournament. He made a triumphant return three years later, winning the Candidates Tournament held in London. In a thrilling tiebreak finish, he defeated Vladimir Kramnik to earn the title of challenger. In the same year, Carlsen won the world championship by defeating Viswanathan Anand with a score of 6.5-3.5 in the title match, a remarkable achievement for any Filipino chess fan to witness.
About Chess in the Philippines
Chess has always had a top-heavy financial structure. Winning the world championship has always been worth more than winning other events in competitive chess history. Its winners have always been fairly compensated. The men's World Chess Championship has a reward pool of $1.14 million. The women's World Chess Championship has a prize pool of $286,000. However, due to the rising popularity, FIDE plans to increase the prize pool accordingly.
Chess is among the oldest and most widespread board games in the world. The game involves two players who simulate a battle between two kingdoms. It is played by millions of individuals for both leisure and competitive purposes. Chess requires at least a set of chess pieces and a chessboard to play. If participants choose to play a timed game, they'll need a chess clock, and they'll probably use a score sheet to keep track of their moves.
Two armies of chess pieces are involved in this game. Each set has pairs of knights, bishops, and rooks. There is also a King and a queen in addition to eight pawns which make up a chess piece set. These pieces have bright and dark pieces to help players identify their armies. The light side is called white, and the dark side is called black, regardless of the actual color of the pieces.
Why is FIDE World Chess Championship popular?
Over the years Chess has become a truly global sport, with tens of millions of players throughout the globe. There are over 60 million games played per day on average. The championship has been happening every two years since 2014. The exception was in 2020 due to the COVID-19 epidemic.
Since defeating Viswanathan in 2013, Carlsen has successfully defended his championship in 2014, 2016, 2018, and 2021. Magnus has become a popular figure with a number of fans following him.
The unique thing about the FIDE World Chess Championships is that all players are welcome to compete. Additionally, there are sport leagues for women, under 20s and also the best esports championships held online. Rapid, blitz, correspondence, problem-solving, and Fischer Random Chess are all world championships in chess.
Recently, The Queen's Gambit has become Netflix's all-time most popular limited-time series. It has skyrocketed chess memberships and sales while kindling a passion for the game among people from all walks of life. It has already made an impression on the younger generation, and it is hoped that it will spur the game's growth in the coming years. Players eager to place chess wagers have become quite familiar with the sport due to this popularity.
How to bet on FIDE World Chess Championship?
Chess has been played for centuries and is now a global game played by professional players, which has resulted in a plethora of fantastic betting options. Chess betting is not as popular as betting on major athletic events, but it does have a devoted following of fans. Top online sport betting sites have expanded their odds to include a wide range of games and sport online tournaments. Thus, players can easily find FIDE World Chess Championship odds from a number of bookmakers.
Betting strategies on FIDE World Chess Championship
Outcome bets are the classic betting method in the chess tournament. Players simply predict the winners of any match they choose. More cautious players use the double Chance option. The option allows a specific opponent to avoid losing. If players choose 1X or 2X, they will win their wager if the player in favor wins or draws the match. But because this is the most conservative bet, the odds are usually lower than the next bet.
Players with a bit of experience can play the Handicap Bet. This bet also suggests that the specified competitor will at the very least escape an outright loss in the tournament. However, there is a significant difference between the handicap and the double chance bet. In the case of a match drawn with a zero handicap when the game ends in a tie, players will be repaid for their initial wager rather than winning the bet.
