The World Chess team is pleased to offer its members another opportunity to hone their chess skills in such an exciting way. Once the feature is available to clubs and federations, the number of Prize Money Tournaments is expected to increase to dozens per week, making FIDE Online Arena the single biggest destination for tournaments with monetary prizes. World Chess will organize Prize Money Tournaments with the initial $85.00 prize fund and $1.5 entry fee weekly. The World Chess team also was interested in releasing this feature because playing for a prize, however small it may be, adds motivation to perform your best in a tournament and allows chess fans to feel excitement of a real chess tournament by playing online.Īll Prize Money Tournaments will be subjected to a deep FairPlay analysis to ensure there are no fairplay violations. This feature was one of the most requested by clubs and tournament organizers which had to develop different workarounds to run Prize Money Tournaments. Winners will receive their prizes via PayPal. Setting up and participating in a Prize Money Tournament on FIDE Online Arena, the official gaming platform of the World Chess Federation, is easier than ever - you can pay the entry fee via a credit card or PayPal and register to the event immediately.

Win real money online playing chess