424:, and varies slightly by manufacturer, most being relatively expensive and time-consuming per chip. The edge spots, or inserts, are not painted on; to achieve this effect, this area of the clay is removed and then replaced with clay of a different color; this can be done to each chip individually or a strip can be taken out of a cylindrical block of material and replaced with the alternate color before the block is cut into chips. Then each chip receives a mid-inlay if desired, and is placed in a special mold that compresses the chip, hence the term compression molded chips. The pressure of the compression and the heat that is added varies from manufacturer to manufacturer.
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Furthermore, it is observed that consumers gamble more freely with replacement currencies than with cash. A more pragmatic reason for casinos using chips in place of cash at table games is to discourage players from grabbing back their bet and attempting to flee should their bet not win, because chips, unlike cash, must be redeemed at the casino cashier and have no value outside the casino in question. Lastly, the chips are considered to be an integral part of the casino environment, and replacing them with some alternate currency would be unpopular.
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tokens and can allow more game-specific technology in the space of a machine which would usually be dedicated to coin mechanisms. While some casinos (such as the Hard Rock Hotel in Las Vegas) which installed the receipt system had kept the $ 1 tokens around for use as $ 1 chips, most other casinos using the receipts had simply scrapped the tokens entirely. Most casinos using receipts have automated machines at which customers may redeem receipts, eliminating the need for coin counting windows and decreasing labor costs.
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Counterfeit chips are rare. High levels of surveillance, along with staff familiarity with chip design and coloring, make passing fake chips difficult. Casinos, though, are prepared for this situation. All states require that casinos have a set of chips in reserve with alternate markings, though they
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tags to help casinos keep better track of them, determine gamblers' average bet sizes, and to make them harder for counterfeiters to reproduce. However, this technique is costly and considered by many to be unnecessary for profit. Also, this technology provides minimal benefits in games with layouts
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Denominations above $ 5000 are almost never encountered by the general public; their use is usually limited to "high limit rooms" where bet sizes are much greater than on the main floor. Casinos often use gaming plaques for these denominations: These plaques are about the size of a playing card, and
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or security to quickly verify the amount being paid, reducing the chance that a dealer might incorrectly pay a customer. The uniform weight of the casino's official tokens allows them to weigh great stacks or heaps of chips rather than tally them (though aids such as chip trays are far more common).
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The printed graphics on clay chips is called an inlay. Inlays are typically made of paper and are then clad with a plastic film applied to the chip prior to the compression molding process. During the molding process the inlay becomes permanently fastened to the chip and can not be removed from the
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In the early history of Poker during the 19th century, players seemed to use any small valuable object imaginable. Early poker players sometimes used jagged gold pieces, gold nuggets, gold dust, or coins as well as "chips" primarily made of ivory, bone, wood, paper, and a composition made from clay
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Money is exchanged for tokens in a casino at the casino cage, at the gaming tables, or at a cashier station. The tokens are interchangeable with money at the casino. Generally they have no value outside of the casino, but certain businesses (such as taxis or waiters—especially for tips) in gambling
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Each casino has a unique set of chips, even if the casino is part of a greater company. This distinguishes a casino's chips from others, since each chip and token on the gaming floor has to be backed up with the appropriate amount of cash. In addition, with the exception of Nevada, casinos are not
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Chips are also available in denominations of $ 1000 or more, depending on the wagering limits of the casino. Such chips are often yellow or orange.. Casinos in Nevada, Atlantic City, and other areas that permit high wagers typically have chips available in $ 5000, $ 10,000, $ 25,000, and more; the
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chips. Common additional colors are pink, purple, yellow, orange, and grey. Newer designs in home chips include three-color designs where a three-step molding process creates a chip with unique base, secondary, and detail colors. As chip sets are tailored to the buyer, the values of various colors
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chips. Contrary to popular belief, no gaming chip going as far back as the 1950s has been 100% clay. Modern clay chips are a composition of materials more durable than clay alone. At least some percentage of the chips is of an earthen material such as sand, chalk, and clay similar to that found in
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in
Chinese culture, chips denominated 8, 88, and 888 (e.g., $ 8 in the US) are common in casinos catering to a Chinese clientele, often as a promotion for the Chinese Lunar New Year. They will sometimes contain an image of the animal associated with the year and are issued in a variety of colors.
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chips were introduced in the mid 1980s as alternative to clay chips, and are also used in casinos, as well as being readily available to the home market. The ability to print lettering and graphics on the entire surface of the chip, instead of just the inlay, made them popular. Ceramic chips are
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Many casinos have eliminated the use of metal tokens (and coins) in their slot machines, in favor of paper receipts or pre-paid cards, which, while requiring heavy infrastructure costs to install, eliminate the coin handling expenses, jamming problems encountered in machines which took coins or
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are usually much cheaper and of much simpler design. Because the chips have no cash value, usually chips are designed with a single color (usually differing in shade or tone from the version on the casino floor), a smaller breadth, and a basic mark on the interior to distinguish denominations;
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specify similar uniform colors. Notably, Nevada has no regulations regarding color, which is why Nevada casinos may use white, blue, or gray as $ 1, though $ 5 through $ 5000 are almost always consistently colored. All US states where gambling is legal require that casino chips have a unique
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The security features of casino chips are numerous. Artwork is of a very high resolution or of photographic quality. Custom color combinations on the chip edge (edge spots) are usually distinctive to a particular casino. UV markings can be made on the inlay. Certain chips incorporate
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collecting. This hobby has become increasingly popular with the Casino Chips & Gaming Tokens
Collectors Club formed in 1988. Some collectors may value certain casino tokens up to $ 100,000, which are typically traded on online auction websites like
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and shellac. Several companies between the 1880s and the late 1930s made clay composition poker chips. There were over 1000 designs from which to choose. Most chips were white, red, blue, and yellow, but they could be made in almost any color desired.
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may not be required to have exactly the same number of reserve chips as they do on the floor. The most notable instance of counterfeiting chips was broken up in 2005, when two men were caught falsely converting $ 1 chips into higher denominations.
309:. Unlike modern poker chips, they were colored differently only to determine player ownership for purposes of settling payments at the end of the game, with different denominations differentiated by different shapes that each counter type had.
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chip made with a special plastic or resin formula that approximates the feel and sound of ceramic or porcelain. There are less expensive chips for the home market, made from various forms of plastic and plastic covered metal slugs as well.
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vary widely, with less traditional colors either used as very high values such as $ 500, $ 1,000, $ 5,000, and so forth, common in tournaments, or as special "fractional" values such as $ 2 or $ 0.50, common in low-limit games.
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Chip colors found in home sets typically include red, white, blue, and sometimes green and black; however, more recently a wide assortment of colors have become readily available, particularly in lower-cost
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There is no universally standardized color scheme for poker chip values, and schemes not only vary nationally and regionally, but even from venue to venue, or by event type within a single venue.
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Tokens are employed for several reasons. Because of the uniform size, shape, and patterns of stacks of chips, they are easier to tally compared to currency. This attribute also enables the
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because a 5% commission charged for all winning banker wagers at baccarat and winning wagers at pai gow converts evenly. Bets of $ 20 are not uncommon in traditional table games such as
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in Las Vegas, issue "limited edition" varied-designed chips, commemorating various events, though retaining a common color scheme. This encourages customers to keep them for souvenirs,
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combination of edge spots for identification, the name and location of the casino and the chip's value, if any, impressed, printed, or molded onto the obverse and reverse of the token.
281:. Several casinos sell custom-made sets of chips and one or two decks of cards stamped with the name of the casino on them. Each set is contained in a small briefcase or box.
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tables, since a "natural" (a 21 on the first two cards dealt to a player) typically pays 3:2 and most wagers are in increments of $ 5. However, the
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Low-denomination yellow chips vary in value: $ 20 in
Atlantic City and Illinois (which also uses "mustard yellow" $ 0.50 chips); $ 5 at most
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In 19th-century United States, there was enough of a tradition of using blue chips for higher values that "blue chip" in noun and adjective
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The chips used in United States casinos typically weigh about 10 grams, but they can be between 8 and 16 g worldwide.
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use round chips exclusively with denominations up to $ 250,000; tournament chips, however, are not redeemable for cash.
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signaling high-value chips and high-value property are attested since 1873 and 1894, respectively. This established
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654:. The greatest value placed on a plaque to date is $ 10 million, used at the London Club in Las Vegas.
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The ancestors of modern casino tokens were the counters used to keep score in the card games
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A standard 300 piece set of
Plastic Injection chips often sold as "clay composite" chips.
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tags into chips to collect data and fight counterfeiting, and plaques may have printed
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or painted with colors and numbers indicating various denominations, while metal
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or other televised poker), chips approach quality levels of chips on the floor.
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In casinos, uniform chip colors and sizes are sometimes specified by the local
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that do not provide gamblers with their own designated betting areas, such as
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sometimes also referred to as clay or clay composite, but they are in fact an
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1059:"The London Club's $ 10 Million Gaming 'Plaque' Raises the Bar for Las Vegas"
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may be made of a mixture of metal, clay, ceramic, and plastic materials
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may be used for high-stakes games. Poker chips are also widely used as
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918:"Quadrille and MĂ©diateur: Courtly ladies' game of 18th-century France"
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939:"New Jersey Casino Control Commission – Chapter 46. Gaming Equipment"
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poker chips "hot-stamped" with denominations 100, 50, 25, & 10.
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Televised poker tournaments and cash games sometimes use bundled
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878:"The role of chips in poker gambling: an empirical pilot study"
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in Las Vegas. Also, makers' marks are difficult to reproduce.
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deal primarily with the United States and do not represent a
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any relevant information into other sections or articles.
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67:. Unsourced material may be challenged and removed.
143:Chips from the fictional "Casino de Isthmus City".
407:The vast majority of authentic casino chips are "
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411:" chips but can be more accurately described as
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803:Casinos in Las Vegas, chips are embedded with
391:Authentic clay chip manufactured for home use.
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697:The examples and perspective in this article
529:for consistency. For example, regulations in
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420:. The process used to make these chips is a
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748:permitted to honor another casino's chips.
355:. Unsourced material may be challenged and
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1081:"Counterfeit Chip Ring Broken Up in Vegas"
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735:Learn how and when to remove this message
375:Learn how and when to remove this message
127:Learn how and when to remove this message
772:however, at certain events (such as the
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155:gaming plaque from Grand Cercle casino,
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1033:Merriam-Webster's Collegiate Dictionary
1002:Merriam-Webster's Unabridged Dictionary
27:Small discs used as currency in casinos
14:
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968:"Section 3000.625 Chip Specifications"
202:in casual or tournament games, are of
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549:was first extended to the sense of a
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1175:List of poker playing card nicknames
876:Lapuz, J.; Griffiths, M. D. (2010).
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353:adding citations to reliable sources
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65:adding citations to reliable sources
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661:for high denominations, though the
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272:, more specifically as specialized
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1036:, Merriam-Webster, archived from
1005:, Merriam-Webster, archived from
756:technology, such as those at the
467:list of miscellaneous information
250:towns may honor them informally.
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852:Barber's pole § Gambling
784:Several casinos, such as the
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1436:Fundamental theorem of poker
1065:. 2000-08-14. Archived from
974:. 2017-01-23. Archived from
945:. 2006-07-30. Archived from
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711:, discuss the issue on the
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626:; and at Casino del Sol in
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786:Hard Rock Hotel and Casino
508:A set of injection molded
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616:Running Aces Harness Park
570:Atlantic City, New Jersey
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464:This section contains a
1416:Open-face Chinese poker
1132:Index of poker articles
674:Aviation Club de France
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266:Casino chip collecting
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229:are used primarily in
208:casino chip collectors
194:. Larger, rectangular
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1467:Computer poker player
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767:Casino chips used in
663:World Series of Poker
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233:. Some casinos embed
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1552:Gambling terminology
1347:Community card poker
1069:on October 10, 2014.
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709:improve this article
650:must be marked with
612:Ledyard, Connecticut
606:poker rooms; $ 2 at
527:gaming control board
349:improve this section
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604:Southern California
830:Numismatics portal
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1083:. Vegas Tripping.
882:Gambling Research
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1228:Non-standard
1218:Playing card
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1042:, retrieved
1038:the original
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1007:the original
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980:. Retrieved
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59:Please help
54:verification
51:
18:Casino token
1572:Poker tools
1477:Poker tools
1387:Let It Ride
1261:Check-raise
1180:Tournaments
943:state.nj.us
888:(1): 34–39.
769:tournaments
758:Wynn Casino
659:paper bills
547:connotation
519:ABS plastic
270:numismatics
227:token coins
219:table games
172:poker chips
1536:Categories
1323:Stud poker
1309:Draw poker
1295:Variations
1276:Protection
1251:Aggression
1168:Poker boom
1044:2016-09-13
1013:2016-09-13
982:2019-09-18
953:2019-09-17
923:28 January
864:References
780:Variations
640:California
622:, both in
531:New Jersey
418:cat litter
204:numismatic
200:play money
161:Madagascar
87:newspapers
1460:Computing
1451:Slow play
1271:Isolation
713:talk page
636:Milwaukee
624:Minnesota
558:blackjack
336:does not
295:Quadrille
212:souvenirs
206:value to
32:game chip
1547:Exonumia
1496:Category
1446:Pot odds
1428:Strategy
1208:Position
1196:Elements
1158:Glossary
1153:Cheating
1141:Overview
972:ilga.gov
816:See also
707:You may
680:Security
665:and the
608:Foxwoods
589:roulette
577:baccarat
535:Illinois
474:relocate
274:exonumia
255:pit boss
188:currency
1542:Casinos
1520:Outline
1508:Commons
1163:History
1148:Betting
900:"Token"
854:(slang)
566:Borgata
472:Please
432:Ceramic
357:removed
342:sources
285:History
223:inlayed
192:casinos
184:cheques
151:50,000
101:scholar
801:Encore
543:senses
447:Colors
303:fiches
299:jetons
180:checks
103:
96:
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74:
1281:Steal
1256:Bluff
1244:Plays
1223:Hands
1121:Poker
858:Jeton
810:craps
715:, or
585:craps
291:Ombre
178:, or
108:JSTOR
94:books
1339:Razz
1303:Brag
1266:Draw
1235:Tell
1203:Chip
1189:Play
925:2009
805:RFID
799:and
797:Wynn
754:RFID
618:and
587:and
579:and
564:and
533:and
409:clay
340:any
338:cite
307:mils
305:and
293:and
279:eBay
235:RFID
80:news
1213:Pot
634:in
568:in
510:ABS
351:by
245:Use
190:in
63:by
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