Competitive chess became visible in 1834 with the La Bourdonnais-McDonnell matches, and the 1851 London Chess tournament raised concerns about the time taken by the players to deliberate their moves. On recording time it was found that players often took hours to analyze moves, and one player took as much as two hours and 20 minutes to think over a single move at the London tournament. The following years saw the development of speed chess, five-minute chess and the most popular variant, a version allowing a bank of time to each player in which to play a previously agreed number of moves, e.g. two hours for 30 moves. In the final variant, the player who made the predetermined number of moves in the agreed time received additional time budget for his next moves. Penalties for exceeding a time limit came in form of fines and forfeiture. Since fines were easy to bear for professional players, forfeiture became the only effective penalty; this added "lost on time" to the traditional means of losing such as checkmate and resigning.