Chessgains – A New Type of Chess Tournament That Lets Everybody Earn Money Playing Chess Online

United Kingdom – November 4, 2022 —

A breakthrough model that brings fun and meritocracy to paid online chess tournaments.

With the prevalence of online chess – one would think that playing for money would be a great way to earn cash. 

Unfortunately, this is very difficult to do because the vast majority of players use some sort of AI software that allows them to make perfect moves.

Therefore, big cash prizes flow toward the over-the-board tournaments, where it’s easier to ensure fair play. However, these types of contests are primarily available locally, and admit only the top players, resulting in fierce competition. 

If only there was a way for everyone to earn money playing chess online in a secure and non-discriminatory fashion. 

That’s where Chessgains comes in!

A new type of online chess tournament

Chessgains is a novel type of online play-to-earn chess tournament whose main feature is a new model of probabilistic winner selection.

This model guarantees that every player has a proper chance of winning in proportion to their chess playing skill. 

In addition, it maximizes the incentive of fair play because, under this model, doing otherwise can literally cost players money.

How to play chess online at Chessgains

The first step is to watch a video walkthrough on the homepage of the site.

After following the guidelines from the video on how to create an account the participant can proceed to the next step and play chess against computer.

The computers have different strengths ranging from 400 to 2400 ELO. Therefore weaker players can choose to play against weaker AIs, and stronger players – against stronger computers.

After winning the game the player gets a score based on the difficulty of the computer they played and the type and number of pieces left in their possession. 

This score represents the participant’s skill and they can submit it in return for a chance of winning.

The cost of submitting the score is the same for every participant – one dollar. Combined these one-dollar payments form a prize pool that the winner is going to take. 

In return for the one-dollar payment, each player gets a chance of winning in proportion to the score they submitted.

And because everyone pays the same amount – one dollar, but gets a different chance of winning – more capable players rightfully get a higher return on their effort because of their superior level of skill. 

At the same time, weaker players still get a chance to win, even though smaller, due to their weaker ability to play chess. 

This is what sets Chessgains apart from the ordinary tournaments – where the prize goes to one, or at best, a few top players, while everybody else has zero chance of winning. 

In addition to the main prize, Chessgains provides tiered rewards to best-performing participants regardless of whether they won the main prize or not. Thus, the top 10% of players get their 1$ back, while the top 5% and 1% of participants get 2$ and 3$ back from the tournament for their one dollar. 

These rewards are taken from the prize, which means that players don’t have to pay anything extra besides the one-dollar fee they have already paid to enter the tournament.

Measures to ensure fair play at online chess

One might think that since Chessgains is an online chess tournament, players can use 3rd party software (a.k.a. engines) to score the highest and win. 

Theoretically that’s true, but not really.

That’s because unlike in ordinary chess tournaments where an offender gets everything for winning the game, in Chessgains a theoretical offender would only get a slight edge in probability, for which they’ll have to risk their money. 

To put this into context, a hypothetical offender willing to play 100 games, would have to pay 100$ without any guarantee of winning in any of the games – a situation very few of them would be interested in.

But even if there are some willing to do that, they first have to get through the AI-based security system that Chessgains employs to block dishonest people from participation. 

It’s a complex analytics machine that consider various factors such as the similarity of moves, thinking time averages, brute-force combinations, historic play progression, and other criteria that together make it easy to detect even the most intricate deception strategies.

Finally, people who can’t play chess but are willing to support meritocracy in online chess tournaments can buy CHSS tokens that offer a share of the reward from each payout without requiring participation. The funds from the token sale are used to increase the number of chess players in the competition. 

For more information on how Chessgains is changing online chess for the better, visit the link below. 

www.chessgains.com

Contact Info:
Name: Andrei Sucman
Email: Send Email
Organization: Chessgains
Address: United Kingdom
Phone: +442045772359
Website: https://www.chessgains.com/

Release ID: 89084066

If you detect any issues, problems, or errors in this press release content, kindly contact error@releasecontact.com to notify us. We will respond and rectify the situation in the next 8 hours.