![]() ![]() ![]() It has been one of the ways by which grandmasters have been earning money. These chess club players are known as rated players. Chess clubs playerĪ chess club player has some substantial knowledge about chess and plays rated games. So, engaging in board tournaments is one of the ways to make money from playing Chess. Like in 2008, the world open chess tournament had a prize fund of $400,000. The chess tournament gets its prize from the prize fund and then winners from each section get rewarded. The winning team are often rewarded with monetary prizes. In a chess tournament, chess games are played competitively to determine a winning individual or team. It’s the participation in chess tournaments. Starting from some classic ways, by which people have used to make money. Let’s look at 9 ways to earn money from chess. The number of players who played on online chess platforms like lichess and, is increasing exponentially. With the rising popularity of chess, more audience starts to watch the game of chess. World Champion Magnus Carlsen has an estimated net worth of $30 million dollars, as of 2022. Becoming a chess player is an art not everyone can possess that.Ĭhess players generally make money from providing chess coaching, winning prize money from chess tournaments, writing chess write-ups and articles, streaming live videos and sponsorship deals. What you’ll be doing will not only give joy but also some form of monetary value, which is an excellent opportunity. Being an enthusiast of Chess is one thing, but making money from what you love is different. ![]()
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