$4 Million Poker-Style Buy-In Chess Tournament Set for November 21 Featuring Top GMs

The chess world is abuzz with excitement as a one-day, $4 million, poker-style buy-in chess tournament is set to take place on November 21. The event will feature top Grandmasters Nodirbek Abdusattorov, Fabiano Caruana, Ian Nepomniachtchi, and Hans Niemann battling it out for a chance to win a staggering $2 million prize.

The brainchild of German businessman and chess organizer Wadim Rosenstein, the tournament was born out of a conversation on social media platform X. The format, inspired by the world of poker, will see each player contribute $1 million towards the prize pool, with the winner taking home the lion’s share.

Rosenstein, known for organizing prestigious chess events such as the WR Masters and the World Rapid Team Championship, has set the stage for what could be the biggest payday in the history of chess. The event has already garnered attention from players and fans alike, with high stakes and fast time controls adding to the excitement.

With commentary by popular chess YouTuber Levy Rozman and the potential for a live broadcast on a major platform, the tournament promises to be a spectacle like no other. However, the high stakes and unique format have raised questions about the future of chess as a competitive sport.

As the chess world eagerly awaits the outcome of this groundbreaking event, one thing is certain – the $2 million first prize and the intense competition among top Grandmasters will make for a thrilling showdown on November 21.