World Chess Champion Magnus Carlsen and Women's no. 1 Hou Yifan are among the 16-player field for the Goldmoney Asian Rapid, the 7th event on the $1.6 million Meltwater Champions Chess Tour, which runs from June 26 to July 4 on chess24. The 3-day preliminary stage sees the players face each other once before the bottom 8 are eliminated while the top 8 advance to a knockout consisting of 2-day matches. The time control is 15 minutes for all moves, with a 10-second increment per move from move 1. The knockout match-ups consist of 4-game matches on the first two days. If the match score is 1:1, two 5+3 games are then played followed, if needed, by Armageddon, where White has 5 minutes to Black's 4 but a draw counts as a win for Black. Official website: championschesstour.com

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