I used to bet on chess games with friends and coworkers.

It was just fun for me, but thereareways to make good money from chess.

Most just rely on their skill and the average chess players unfamiliarity with speed chess in a distracting environment.

A woman plays chess in a house.

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Laws vary around the country, but most states allow for small wagers among friends.

For example,Minnesota lawcriminalizes wagers for money except for those that are private, social bets.

Probably not as good as youd like.

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It always seems like an uphill battle to build (and keep) a decent amount in savings.

But what if your car breaks down, or you have a sudden medical bill?

Ask one of these companies to help… Thats about as good as it gets playing chess for money.

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She says, A typical event won by a 2500+ GM has a first prize of below $5,000.

(GM refers to a Grand master with anElo System ratingof 2,500 or higher.)

They get paid $5,000 to $20,000 for competing at a club event.

In my experience, even lower-rated players charge at least $20 per hour to coach beginners.

Consider options likeGoogle Helpouts and Udemyas well.

See Also»How to Make Money Online(Over 40 Ways!)

It sounds appealing right?

Check it out here!