Chess.com’s inaugural edition of the $1 Million Dollars Guaranteed, Chess.com Global Championship has kicked off and in the round of 64, Anand vs Ponkratov, Raunak vs Topalov and Giri vs Wenjun. Stream starts at 04:30pm IST.
64 players will fight for $1 Million and the winner will take home $200,000 (about 1.6 Crore Indian Rupees!) The Indian players participating in the event are – Viswanathan Anand, Arjun Erigaisi, Vidit Gujrathi, Nihal Sarin, Raunak Sadhwani, Mitrabha Guha.
The Knockout phase of the CGC starts on September 14, with 64 players competing to move on to the finals.
1) The 32 players who qualify from the Play-in phase join 32 invited players;
2) They play a 64-player single-elimination bracket;
3) Players are divided into eight groups of eight players each according to their timezone;
4) Matches consist of four 15+2 rapid games;
5) If the match ends in a tie, a single rapid armageddon game determines the winner. White gets 15 minutes and must win, with a bidding system to determine who plays Black with draw odds. Players communicate privately the amount of time they are willing to get to play as Black; the lower time offered wins the bid, and that player starts with the amount of time bid. If the bid is tied, the higher-seeded player chooses the color.
The top-eight players move on to the CGC Finals, while the remaining 56 players share the total prize fund of $440,000 for the CGC Knockout.
Video: ChessBase India
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