Playing online: Chess is an easy game to learn but difficult to master. Some Grandmasters even charge more than $125. The pay range for online coaching ranges between $5 to $125. This can be attributed to the effects of covid-19 and the aftermath of the popular “Queens Gambit” Netflix series. Online coaching has become popular in recent times. Online coaching: with a rating above 1400, you can register on many websites where you can list as a chess coach. Credit… Hikaru Nakamura (GMHikaru) YouTube channel. so let us do a rundown on how you can earn money from chess online. If we’re to compare chess to other big sports like football, we’ll see that there’s a really low prize fund in chess compared to other sports except, say, you compete amongst the top 10 chess players in the world.īut thanks to the internet, chess has become somewhat more lucrative for people that are passionate about it and more and more people can earn from what they love. While many beginner players only know earning money is possible by playing chess and coaching, they probably don’t know many other available ways and many players who are earning a decent amount of money through it. Also, most beginner players often want to be well aware of the economic incentives available to them before committing themselves to the game. This is virtually one of the most asked question by chess players as many players especially in developing countries, most have asked themselves at one point or the other “Is playing chess worth it?”. What are the ways to earn money from chess online?

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