Although Keres participated in the 1948 World Championship tournament, arranged to determine the world champion after Alekhine's death in 1946, his performance was far from his best. Held jointly in The Hague and Moscow, the tournament was limited to five participants: Mikhail Botvinnik, Vasily Smyslov, Paul Keres, Samuel Reshevsky, and Max Euwe. (Reuben Fine had also been invited but declined.) The event was played as a quintuple round-robin. Keres finished joint third, with 10½ out of 20 points. In his individual match with the winner, Botvinnik, he lost four of five games, winning only in the last round when the tournament's result was already determined.