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Best Ways To Make Money With Chess<\/h1>\n
Whether you’re a seasoned chess player looking to make a career out of your hobby, or simply curious about the financial possibilities of the game, we’re going to cover the top 15 ways to make money with chess. Let’s go:<\/p>\n
1. Become a Professional Chess Player<\/h2>\n
Becoming a professional chess player can be a lucrative career if you are able to achieve a very high level of skill in the game.<\/p>\n
Professional chess players can compete in tournaments and competitions for prize money. The amount of prize money available can vary depending on the tournament, but top players can earn significant amounts of money from their tournament winnings. In addition to that professional chess players often secure sponsorship deals with companies that are interested in promoting their products or services through the player’s image and reputation.<\/p>\n
But you don’t have to be a Super GM to make some decent cash by playing chess tournaments. Most (small) cities often host open chess tournaments with an entry fee and price money. The level of play is usually way lower, as you might only encounter a handful of titled players.<\/p>\n
2. Start a Chess Youtube Channel<\/h2>\n
With the rise of online chess, a lot of chess content creators \u2013 especially Youtubers \u2013 have seen significant growth to the point where a lot of them make a living from creating chess content online. There is no way why you couldn’t do the same.<\/p>\n
It is possible to make money by creating a chess YouTube channel because YouTube allows creators to monetize their videos through the YouTube Partner Program. This program enables creators to earn a share of the revenue generated from ads that are shown on their videos. By creating high-quality content that attracts and engages a large audience, a chess YouTube channel can potentially earn significant amounts of money from ads. Additionally, chess YouTube channels can generate revenue by offering paid content or services to their audience. This might include things like premium instructional videos, one-on-one coaching, or access to exclusive content or events.<\/p>\n
But:\u00a0Youtube is a competitive business, saturated with thousands of creators. You need to find a way to stand out in order to grow an audience!<\/strong><\/p>\n One way to make a career by selling chess-themed merchandise is to first identify a target market of chess enthusiasts. This can be done by conducting market research and identifying potential customers through online communities, chess clubs, and other sources. Next, you can create a website or online store to sell your merchandise, or partner with existing retailers to distribute your products.<\/p>\n It’s important to offer a unique selection of high-quality products that will appeal to your target market. To promote your products, you can use a variety of marketing techniques such as social media, online advertising, and email marketing. As your business grows, you can continue to expand your product line and reach new customers to continue building your career in this field.<\/p>\n Of course, you can always start slow and gauge demand by selling directly to friends and family or chess clubs in the area. If you want to scale up the operation, you can use services like Teezily<\/a> to fulfill hundreds of orders.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n Similar to becoming a chess Youtuber, you can start streaming yourself playing chess on services like Twitch<\/a>. Start streaming your chess games and engaging with your audience by providing commentary, answering questions, and interacting with viewers. <\/span><\/p>\n To make money, you can monetize your streams by enabling ads, accepting donations from viewers, and offering paid subscriptions to access exclusive content. As you build a loyal audience, you can also generate revenue by selling chess-themed merchandise (see above) or partnering with sponsors. To grow your audience and increase your revenue, you can use a variety of marketing and promotion techniques such as social media, online advertising, and collaboration with other streamers. As your channel grows, you can continue to provide high-quality content and engage with your audience to build a successful career as a chess streamer on Twitch.<\/span><\/p>\n As a chess blog ourselves, we have to urge you not to create one. You’re going to run us out of business…<\/strong> Just kidding of course! Creating a chess blog is an amazing way to use your passion for chess to make it a career.<\/p>\n There are already tons of really, really good chess blogs<\/a>, but there is always room for more! You just have to find a way to improve on the already existing content. You could do this by focusing on specific chess strategies, chess news and events, or even personal stories about your own experiences with chess. To grow your chess blog, I would suggest reading up on SEO<\/a> or use social media (like Instagram, TikTok or Twitter) to build an grow your audience.<\/p>\n When it comes to monetization there are almost unlimited possibilites. You can start running ads with Google Adsense<\/a>, use affiliate marketing or offer paid services in the form of coaching or exclusive content.<\/p>\n To make money as a chess arbiter with FIDE, you can first become certified by taking the FIDE Arbiters’ Seminar and passing the corresponding examination. Once certified, you can apply to serve as an arbiter at chess tournaments organized by FIDE or its affiliated national chess federations. As an arbiter, you would be responsible for enforcing the rules of the game and ensuring that tournaments run smoothly. To be selected for a tournament, you may need to have experience as an arbiter and a good reputation within the chess community. Tournament organizers typically pay arbiters a fee for their services, which can be a source of income. We’ve already broken down the salary\/income of chess arbiters<\/a> in an article on Chessily if you’re interested.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n If you’re an somewhat advanced player, offering chess coaching can be a great way to make chess your career (or at least generate some additional income).<\/p>\n Chess coaching can take a variety of forms, such as one-on-one lessons, group classes, online sessions, or a combination of these approaches. The main goal here is to help students learn and apply effective chess strategies, tactics, and techniques in order to become stronger players (usually by analysing games). Chess coaches may also provide guidance on topics such as tournament preparation, mental toughness, and studying chess openings and endgames.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n To generate income, you can charge a fee for your coaching services based on factors such as your experience and reputation, the length of each lesson, and the number of students in a group.<\/p>\n If you’re an advanced player coaching total beginners, you can charge anywhere around 15-25$ an hour. If you’re a titled player (like Candidate Master<\/a> or International Master), you can charge around 25-40$ an hour. If you’re a chess Grandmaster<\/a> you can usually charge upwards of 50$ an hour, with the sky really being the limit (depending on your skill). On average, chess lessons by an adequate coach run around 25-35$ per hour of coaching. <\/strong>Those prices apply to one-on-one lessons, so be sure to adapt pricing if you’re teaching bigger groups of students.<\/p>\n You can start offering your services on freelance platforms like Fiverr<\/a> to build an initial student base, after that I would suggest moving away from such platforms to avoid the fees.<\/p>\n3. Sell Chess-Themed Merchandise<\/h2>\n
4. Become a Chess Streamer<\/h2>\n
5. Start a Chess Blog<\/h2>\n
6. Become a Chess Arbiter<\/h2>\n
7. Offer Chess Coaching<\/h2>\n
8. Try Chess Hustling<\/h2>\n