Making money with chess

@peppie23 said in #29:

Where to find the necessary funds as most players are not going to pay more as long those cheap tournaments run by volunteers keep existing.

If volunteers would not run them cost running them professionally would probably exceed how much people are willing to pay for a tournament attendance. Only in very densely populated areas with big attendance running a chess tournament can produce enough for professionally organised tournament.

@Katoh1 said in #30:

Some weird questions by OP. For example how is one very high rated +2500 but be untitled? As far as I know you get FM by default when you reach 2300 and unless I am mistaken you get CM at 2200. Not to mention almost everybody is a NM these days.
That is incorrect. You need to apply personally for a title and pay a sum for it. I published the prices on my blog see http://schaken-brabo.blogspot.com/2023/01/fidetitels.html
For fide the titels are an important revenue-stream. Not everybody wants to pay for a title (most don't for CM).

@peppie23 said in #32:

That is incorrect. You need to apply personally for a title and pay a sum for it. I published the prices on my blog see http://schaken-brabo.blogspot.com/2023/01/fidetitels.html
For fide the titels are an important revenue-stream. Not everybody wants to pay for a title (most don't for CM).
OK but why would anybody not do that? If you put a lot of time, effort and money to become that good.. I mean the only reason I could see is if somebody is like completely broke. But then again if you are broke then you probably
arent going around playing FIDE tournaments anyway.

@petri999 said in #31:

If volunteers would not run them cost running them professionally would probably exceed how much people are willing to pay for a tournament attendance. Only in very densely populated areas with big attendance running a chess tournament can produce enough for professionally organised tournament.
I can't believe that people will refuse to partipate if the starting-fee is 20 euro extra per player. If you have 100 partipants then you have 2000 euro extra. You have tournaments of 3, 4 ... days so it should be possible to cover the salary of a few professional organizers. It is a tricky businessmodel of course as you can't do a such profession for just 1 tournament (which is why in Czechia they organize about 10 chess but also other type of tournaments per year).

@Katoh1 said in #33:

OK but why would anybody not do that? If you put a lot of time, effort and money to become that good.. I mean the only reason I could see is if somebody is like completely broke. But then again if you are broke then you probably
arent going around playing FIDE tournaments anyway.
Ok I can reverse the question. Why would you pay for some title? It is not clearly benefecial always. I remember some cases when people applied for a title and other players were just laughing how ridiculous it is.

@peppie23 said in #35:

Ok I can reverse the question. Why would you pay for some title? It is not clearly benefecial always. I remember some cases when people applied for a title and other players were just laughing how ridiculous it is.
There are many reason of course not the least you are given more respect if you are a chess master. Some tournaments also dont require titled players to pay an entrance fee.

@Katoh1 said in #36:

There are many reason of course not the least you are given more respect if you are a chess master. Some tournaments also dont require titled players from having to pay an entrance fee.
I am fidemaster and can tell you that you don't always get more respect. I even know some tournaments denying titled players to participate. So I am not going to advise people you really need to pay for a title.