The tournament was divided into two sections: the Championship Tournament and the Masters' Tournament. The first section was for players who had previously won an international tournament. The Championship Tournament took place in the Casino of Ostend

Ostend

Ostend  is a Belgian city and municipality located in the Flemish province of West Flanders. It comprises the boroughs of Mariakerke , Stene and Zandvoorde, and the city of Ostend proper – the largest on the Belgian coast....

 from 16 May to 14 June 1907. Dawid Janowski

Dawid Janowski

Dawid Markelowicz Janowski was a leading Polish chess master and subsequent French citizen....

, Siegbert Tarrasch

Siegbert Tarrasch

Siegbert Tarrasch was one of the strongest chess players and most influential chess teachers of the late 19th century and early 20th century....

, Carl Schlechter

Carl Schlechter

Carl Schlechter was a leading Austrian chess master and theoretician at the turn of the 20th century. He is best known for drawing a World Chess Championship match with Emanuel Lasker.-Early life:...

, and Frank Marshall had accepted the invitation for the tournament. Emanuel Lasker

Emanuel Lasker

Emanuel Lasker was a German chess player, mathematician, and philosopher who was World Chess Champion for 27 years...

 and Géza Maróczy

Géza Maróczy

Géza Maróczy was a leading Hungarian chess Grandmaster, one of the best players in the world in his time. He was also a practicing engineer.-Early career:...

 declined and were replaced by Amos Burn

Amos Burn

Amos Burn was an English chess player, one of the world's leading players at the end of the 19th century, and a chess writer....

 and Mikhail Chigorin

Mikhail Chigorin

Mikhail Ivanovich Chigorin also was a leading Russian chess player...

. The time restriction was 30 moves in two hours and 15 moves in one hour. Tarrasch won the golden medal and 2603½ francs. Schlechter became second and gained 2277½ francs.

In the Ostend tournament of 1907 the term "grandmaster" (actually Großmeister in German) was used, so these players were described as grandmasters for the purposes of the tournament. After winning the tournament, Tarrasch was crowned the "World Champion Tournament Player" by the tournament organizers.
Lasker finally agreed to a title match in 1908, and beat Tarrasch convincingly (+8 –3 =5).

The Masters' Tournament was a twenty nine-player round-robin

Round-robin

The term round-robin was originally used to describe a document signed by multiple parties in a circle to make it more difficult to determine the order in which it was signed, thus preventing a ringleader from being identified...

. It was played from 16 May to 25 June. Ossip Bernstein

Ossip Bernstein

Ossip Samoilovich Bernstein was a Russian chess grandmaster and a financial lawyer.-Biography:...

 and Akiba Rubinstein

Akiba Rubinstein

Akiba Kiwelowicz Rubinstein was a famous Polish chess Grandmaster at the beginning of the 20th century. He was scheduled to play a match with Emanuel Lasker for the world championship in 1914, but it was cancelled because of the outbreak of World War I...

ended equal as winners at Ostend B.

Championship Tournament

#	Player	1	2	3	4	5	6	Total wins
1	/	xxxx	½½10	½1½1	½1½½	1½10	1½01	12½
2	/	½½01	xxxx	11½½	½010	½1½½	½½11	12
3	/	½0½0	00½½	xxxx	1010	1111	11½1	11½
4		½0½½	½101	0101	xxxx	0½11	½½11	11½
5	/	0½01	½0½½	0000	1½00	xxxx	½111	8
6		0½10	½½00	00½0	½½00	½000	xxxx	4½

Masters' Tournament

#	Player	1	2	3	4	5	6	7	8	9	10	11	12	13	14	15	16	17	18	19	20	21	22	23	24	25	26	27	28	29	Total
1	/	*	½	0	1	½	1	1	1	1	½	1	1	0	½	½	1	1	0	½	1	1	½	0	1	1	1	0	1	1	19½
2	/	½	*	½	1	½	0	1	1	½	½	½	0	1	½	½	½	0	1	1	1	1	½	½	1	1	1	1	1	1	19½
3	/	1	½	*	1	0	½	1	0	½	1	1	1	0	1	1	1	1	1	½	0	1	1	1	1	0	1	0	0	1	19
4	/	0	0	0	*	1	½	0	½	½	½	½	1	1	1	½	½	1	1	½	½	1	1	1	½	1	1	1	1	1	19
5	/	½	½	1	0	*	½	1	0	½	½	1	½	½	1	½	1	½	1	½	1	0	½	1	½	1	½	1	1	1	18½
6	/	0	1	½	½	½	*	½	½	½	0	½	0	1	0	1	0	½	1	1	0	1	1	1	1	1	1	1	1	1	18
7	/	0	0	0	1	0	½	*	½	0	½	1	0	1	0	1	½	1	1	1	1	½	1	1	1	0	1	1	1	1	17½
8	/	0	0	1	½	1	½	½	*	0	1	1	½	1	1	½	1	1	1	½	½	½	½	1	1	½	0	0	0	1	17
9	/	0	½	½	½	½	½	1	1	*	0	½	½	½	1	½	1	½	½	½	½	0	1	0	1	1	1	½	½	1	16½
10	/	½	½	0	½	½	1	½	0	1	*	½	½	1	1	½	½	½	0	½	½	½	½	1	½	1	0	½	1	1	16
11	/	0	½	0	½	0	½	0	0	½	½	*	½	½	1	1	1	1	½	½	1	1	0	1	½	1	1	1	1	0	16
12	/	0	1	0	0	½	1	1	½	½	½	½	*	½	0	1	0	½	1	½	1	1	½	½	½	½	0	1	1	0	15
13	/	1	0	1	0	½	0	0	0	½	0	½	½	*	1	0	½	1	0	1	1	1	1	1	½	½	½	0	1	1	15
14	/	½	½	0	0	0	1	1	0	0	0	0	1	0	*	½	0	1	½	½	1	1	1	0	½	1	1	1	1	1	15
15	/	½	½	0	½	½	0	0	½	½	½	0	0	1	½	*	1	0	1	0	0	1	1	1	1	1	1	1	½	0	14½
16	/	0	½	0	½	0	1	½	0	0	½	0	1	½	1	0	*	0	0	½	1	0	0	1	1	1	1	1	½	1	13½
17	/	0	1	0	0	½	½	0	0	½	½	0	½	0	0	1	1	*	1	½	0	0	½	1	½	0	1	1	1	1	13
18	/	1	0	0	0	0	0	0	0	½	1	½	0	1	½	0	1	0	*	1	1	1	1	0	1	1	0	0	1	0	12½
19	/	½	0	½	½	½	0	0	½	½	½	½	½	0	½	1	½	½	0	*	0	½	½	½	½	0	½	1	1	1	12½
20	/	0	0	1	½	0	1	0	½	½	½	0	0	0	0	1	0	1	0	1	*	1	½	½	1	1	0	½	0	½	12
21	/	0	0	0	0	1	0	½	½	1	½	0	0	0	0	0	1	1	0	½	0	*	1	1	½	½	1	1	0	1	12
22	/	½	½	0	0	½	0	0	½	0	½	1	½	0	0	0	1	½	0	½	½	0	*	0	½	1	1	1	½	1	11½
23	/	1	½	0	0	0	0	0	0	1	0	0	½	0	1	0	0	0	1	½	½	0	1	*	½	0	1	1	½	1	11
24	/	0	0	0	½	½	0	0	0	0	½	½	½	½	½	0	0	½	0	½	0	½	½	½	*	1	1	1	1	1	11
25	/	0	0	1	0	0	0	1	½	0	0	0	½	½	0	0	0	1	0	1	0	½	0	1	0	*	½	1	0	1	9½
26	/	0	0	0	0	½	0	0	1	0	1	0	1	½	0	0	0	0	1	½	1	0	0	0	0	½	*	½	1	1	9½
27	/	1	0	1	0	0	0	0	1	½	½	0	0	1	0	0	0	0	1	0	½	0	0	0	0	0	½	*	1	½	8½
28	/	0	0	1	0	0	0	0	1	½	0	0	0	0	0	½	½	0	0	0	1	1	½	½	0	1	0	0	*	1	8½
29	/	0	0	0	0	0	0	0	0	0	0	1	1	0	0	1	0	0	1	0	½	0	0	0	0	0	0	½	0	*	5