Chess Odds to create even matches between two players who are at different levels

Is there a standard system that gives a general outline of what is considered fair odds to give in order to create even Chess matches between two players who are at different levels?

For example, if a 1400 player played a 1200 player and started without the Queenside Rook, would that then be considered a level playing field?

i.e. would Rook odds be considered worth 200 points, a Queen 300 points etc...

(Apologies if this question has been raised elsewhere but I didn't see anything on this in topics relating to player ratings)

There is no system that I know of. In the old days, I think they used to do a series of games. If you could beat the local master 2 out of 3 games being given a knight, then you graduated to being given two or 1 pawn. If you could still win then you get to plan an even game. That sort of thing.

But if you try to make a system for what pieces are wroth, notice that a pawn, knight,, rook, etc is NOT worth the same at every level. It depends on the rating of the person receiving the odds (generally the lower rated player).

For example in a game between 500 vs 600 if the 600 gave pawn odds it probably would NOT make a difference even after 100 games. If a GM gives another GM pawn odds, that will greatly change the result of 100 games.

All I remember is Kauffman estimating a pawn is worth about 200 rating points at master (but not grandmaster) level and a knight is worth about 500 rating points at 1800 level.

I would guess a knight to a beginner might be worth 50 rating points.

As I understand it in the old days players identified themselves as a rook, or as a knight etc. Meaning that is the odds they would be given against the best players. So it was kind of like a rank, determined by playing games, kind of like our numerical ranking now. If a Rook was to play a Night I believe they would start their game at the odds of a pawn and a move, and then adust as needed to ensure each player won a nearly equal number of games.

I agree that for most amateurs, having an extra pawn would not make much of a difference, unless it was the e or the f pawn. I believe that if I played white, and had the first two moves, and black was missing their f pawn, I could give a player ranked 200 higher a run for their money.

My recommendation would be to give odds of a knight, to the 1200 and see how it goes.