PANFR wrote on 08/20/15 at 18:47:51:
Not really worth playing: In CC this is an almost certain draw, while OTB it's very difficult to play as Black.
Why enter that mess, when Black has a few other means to play for a win?
Today Tony Kosten published a small review of this opening see
https://www.chesspublishing.com/content/1/index.htm#ponHe writes : If White is really accurate he might be able to draw, but the practical problems are considerable - I have 100% with Black in quick games. This would be enough to put me off ever playing the Ponziani.
This is the opposite of what PANFR wrote in 2015.
As usual the truth is somewhere in the middle. For both sides this is a very difficult to play opening. White and black have often to play single moves which makes that the player with the better memory/ analysis often prevails.
Lately I suffered a few defeats online in the line below:
1.e4 e5 2.Nf3 Nc6 3.c3 Nf6 4.d4 Nxe4 5.d5 Bc5 6.dxc6 Bxf2+ 7.Ke2 Bb6 8.Qd5 Nf2 9.Rg1 0-0 10.cxb7 Bxb7 11.Qxb7 Qf6 12.Qd5 c6 13.Qd2 e4 14.Nd4 e3 15.Qc2 Rae8 16.Qf5 which is playable and not discussed in Tony's notes. The optimal play is impossible to find without assistance of a computer and continues with 16... Qd6 (so not Bxd4 winning a piece) 17.Na3 Bxd4 18.Nc4 Qxh2 19.cxd4 g6 (so not grabbing the rook) 20.Qxd7 Nd1 (instead of grabbing the rook, throwing another piece away) 21.Qxc6 Qxg1 (finally) 22.Qf3 Re4 (of course throwing another rook as other moves would be too easy) 23.Nxe3 Nxe3 (still offering the rook) 24.Qxe4 Nxf1 25.Bh6 Qh2 26.Rxf1 Qxh6 which should be an equal endgame or even more funny 25...Ng3+ 26.Kf3 (did I say only move?) Qxa1 27.Kxg3 Qxb2 28.Bxf8 Qb8+ 29.Kh3 and the resulting queen-endgame should be drawn despite the extra pawn for black as the d-pawn is strong.
That is only one branch so just to say that things are not simple for practical play.