Gibtelecom Chess Festival 2008: Prizes

Gibtelecom Masters Prizes

Open To All		Prizes for best relative rating achievement
1st Prize	£12,000	Rating Band	1st Prize	2nd Prize
2nd Prize	£8,000	2500-2599	£2,000	£1,000
3rd Prize	£5,000	2400-2499	£2,000	£1,000
4th Prize	£3,000	2300-2399	£2,000	£1,000
5th Prize	£2,000	2200-2299	£2,000	£1,000
6th Prize	£1,500	Under 2200	£2,000	£1,000
7th Prize	£1,000
8th Prize	£500

The first prize of £12,000 may not be shared. All other prizes shall be shared where players have the same score or same relative rating performance as appropriate.

Seniors (Over 60 on 1 January 2008) £1,000

Juniors (Under 18 on 1 January 2008) £600 • £400

No player may win more than one of the above prizes.

Women's Awards in 2008 Gibtelecom Masters
Open to all Women		Prizes for best relative rating achievement
1st Prize	£5,000	2250-2349	£1,000
2nd Prize	£2,500	2150-2249	£1,000
3rd Prize	£1,500	Under 2150	£1,000
Rating prizes in each of the three bands will not be added to the main women’s awards

Best Game Prize: £1,000 • for more information go to our Best Game Prize page

Challenger Tournaments

Open to players with FIDE ratings of under 2250 in the lists of 2007 and 2008, or unrated.

Challengers - Week 1 - 22-26 January		Challengers - Week 2 - 27-31 January
1st Prize	£1,500	1st Prize	£1,500
2nd Prize	£1,000	2nd Prize	£1,000
3rd Prize	£500	3rd Prize	£500
1950-2050	£500	1950-2050	£500
Under 1950	£500	Under 1950	£500
Unrated Player	£500	Unrated Player	£500
Gibraltar Prize	£150	Gibraltar Prize	£150
Best aggregate score from both Challengers tournaments: £1,000 and £500
Challenger tournaments play daily at 10am. The rate of play is all the moves in 100 minutes + 10 seconds per move added from the start. The games rarely last more than four hours and competitors can play in the Masters as well as a morning event. No player may win more than one of the above prizes in one week except for the two prizes of £1,000, £500 for the best aggregate score from both Challengers tournaments which are additional to the prizes winnable in each separate event. Note: A player rated under 2250 could win £6,000 by winning the two Challengers tournaments (£1,500 + £1,500), the combined score from both (£1,000) and the rating prize in the afternoon (£2,000): a mere 20 games to get that. It is the highest rating restricted prize in the world.

Amateur Tournaments

Open to players with FIDE ratings under 1850 or nationally rated players of under 1850, ECF grade 156, or unrated players.
The right is reserved to place players in the Challengers if thought unsuitable for the Amateur.

Amateur - Week 1 - 22-26 January		Amateur - Week 2 - 27-31 January
1st Prize	£1,000	1st Prize	£1,000
2nd Prize	£600	2nd Prize	£600
3rd Prize	£400	3rd Prize	£400
4th Prize	£200	4th Prize	£200
Gibraltar Prize	£100	Gibraltar Prize	£100
Best score by players with 1 out of 3 or less: £200

Amateur tournaments play daily at 10am. The rate of play is all the moves in 100 minutes + 10 seconds per move added from the start. The games rarely last more than four hours and competitors can play in the Masters as well as a morning event. No player may win more than one of the above prizes.

BRITISH CHAMPIONSHIP QUALIFIER

The highest placed eligible player, not already qualified, in the 2008 Gibraltar Masters shall qualify for the right to play in the British Championship in Liverpool, 27 July - 9 August 2008.

INTERNET CHESS CLUB ONLINE QUALIFIER

The ICC PRIZE of travel, room, bed, breakfast and evening meal for one person is being offered in November 2007 for the winner of an exclusive online tournament to be hosted on the world's most popular playing site, the Internet Chess Club (ICC - www.chessclub.com).

PAYMENT OF PRIZES

Prizes in all events shall be paid by cheque or electronic transfer, except for the two evening blitz tournaments. Any player wishing to receive his potential prize money in cash must inform the hotel of their wish to exercise this option on the entry form. There shall be a charge of 4% of the prize money for this service.