Maurice Ashley has been involved in some exciting chess projects before, but never one that promised the kind of money that the Millionaire Chess Open is advertising. The tournament, planned for October 9-13 at the Planet Hollywood Resort and Casino in Las Vegas, is promising a guaranteed $ 1 million in prizes over a number of different sections, including $ 100,000 for the winner in the Open section. That’s a massive prize pool for an open chess tournament, and the rules do guarantee that someone will walk away with the full first prize: the format has seven rounds of Swiss system play (plus tiebreaker games if necessary) determining four semifinalists who will then play mini-matches to determine the winner and other top positions in each section. Lower sections offer as much as $ 40,000 for the winners, who will go through the same Swiss plus playoffs format.

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