Chess World Cup 2023 Prize Money: How Much will Winners Earn?
The 9th edition of the Chess World Cup will be taking place in Sochi, Russia, from 12 July to 6 August 2023. A total of 206 players will participate in the world. For the first time, the female world cup will be held in which 103 players will participate. The International Chess Federation (FIDE) has increased the Chess World Cup 2023 prize money to $1,892,500, while the winners will make $110,000.
Chess World Cup 2023 Schedule
|July 12||5 a.m. PT/14:00 CEST||Round 1||Game 1|
|July 13||5 a.m. PT/14:00 CEST||Round 1||Game 2|
|July 14||5 a.m. PT/14:00 CEST||Round 1||Tiebreaks|
|July 15||5 a.m. PT/14:00 CEST||Round 2||Game 1|
|July 16||5 a.m. PT/14:00 CEST||Round 2||Game 2|
|July 17||5 a.m. PT/14:00 CEST||Round 2||Tiebreaks|
|July 18||5 a.m. PT/14:00 CEST||Round 3||Game 1|
|July 19||5 a.m. PT/14:00 CEST||Round 3||Game 2|
|July 20||5 a.m. PT/14:00 CEST||Round 3||Tiebreaks|
|July 21||Rest day|
|July 22||5 a.m. PT/14:00 CEST||Round 4||Game 1|
|July 23||5 a.m. PT/14:00 CEST||Round 4||Game 2|
|July 24||5 a.m. PT/14:00 CEST||Round 4||Tiebreaks|
|July 25||5 a.m. PT/14:00 CEST||Round 5||Game 1|
|July 26||5 a.m. PT/14:00 CEST||Round 5||Game 2|
|July 27||5 a.m. PT/14:00 CEST||Round 5||Tiebreaks|
|July 28||5 a.m. PT/14:00 CEST||Round 6||Game 1|
|July 29||5 a.m. PT/14:00 CEST||Round 6||Game 2|
|July 30||5 a.m. PT/14:00 CEST||Round 6||Tiebreaks|
|July 31||Rest day|
|August 1||5 a.m. PT/14:00 CEST||Round 7||Game 1|
|August 2||5 a.m. PT/14:00 CEST||Round 7||Game 2|
|August 3||5 a.m. PT/14:00 CEST||Round 7||Tiebreaks|
|August 4||5 a.m. PT/14:00 CEST||Final and Consolation||Game 1|
|August 5||6 a.m. PT/14:00 CEST||Final and Consolation||Game 2|
|August 6||7 a.m. PT/14:00 CEST||Final and Consolation||Tiebreaks|
Chess World Cup 2023 Prize Money
The total prize money for the Chess World Cup 2023 is $1,892,500. It will be distributed round-wise, and the eliminated players will get the prize after a 20% deduction as per the FIDE rule.
|Round||Number of players||Prize|
The World Cup 2023 is an 8 round knockout tournament. Players are divided into groups, and each player will play 2 matches with each other. In round 1, 156 players will participate, and 64 players will move to the next round, and it goes on till 2 players are left in the 8th round.
Chess World Cup 2023: Number of Matches Round-Wise
- First Round: 78 matches
- Second Round: 64 matches
- Thrid Round: 32 matches
- Fourth Round: 16 matches
- Fifth Round: 8 matches
- Sixth Round: 4 matches
- Seventh Round: 2 matches
- Eight Round: 1 match.
There is also an increase of $289,000 in Chess World Cup prize money for the 2023 edition. The winners of Chess World Cup 2023 will get $110,000, and the runner-up will pocket around $80,000.