Gil Kalai, a well known mathematician, has this to say on the topic of chess and luck:
http://gilkalai.wordpress.com/2009/07/05/chess-can-be-a-game-of-luck/
I didn't follow his argument at all, but it seems like something other LW posters may understand, so I decided to post it here. Do comment on his arguments if you agree or disagree with him.
"We can suppose that the higher the stakes are, the higher the ingredient of luck of the combined game."
That's called "assuming what you are trying to prove"!