The Masters is the main open tournament of the Tradewise Gibraltar Chess Festival, and sees almost 250 players, including world stars such as Veselin Topalov, Hikaru Nakamura, Peter Svidler and Women’s World Champion Hou Yifan, compete for a prize fund of £175,000. The winner earns £20,000, while the top woman picks up £15,000. Official site: GibraltarChessCongress.com Ten rounds are played from Tuesday 27 January until Thursday 5 February in the Caleta Hotel, Gibraltar and start at 15:00 CET except for the last round at 11:00. Players have 100 min / 40 moves + 50 min / 20 moves + 15 min to the end, with a 30 sec increment from move 1. In case of a tie for first place a rapid play-off will be held. No draw offers are allowed before move 30.