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Re:Armageddon Looms over World Chess Champs after Carlsen’s ... by gojomo on Tuesday November 27, 2018 @03:46PM (#18546509)
It could make sense to instead let the players bid for black (ie, winning draws), in units of time-differential, similar to this idea for auctioning off 1st possession in a USA-Football overtime by starting yard-line:

https://slate.com/culture/2009/01/why-the-nfl-should-replace...

Re:Armageddon Looms over World Chess Champs after Carlsen’s ... by dfan on Tuesday November 27, 2018 @04:02PM (#18546703)
This has been tried (I think for some US Championship tiebreaks), and I like it a lot. If memory serves, the winning time bids for Black were quite low; people really value draw odds.