How to Read Casino Chips
Casino Tokens, or casino chips as they are commonly known, are small discs which are provided to casino players in exchange for currency. They are a central part of casinos today with the aim of standardizing the game. Earlier, players used their real currency or coins to make bets, which made it tough to keep track of the number of wins and losses.
However, as the game progressed, casinos started to use round-shaped chips of various denominations which typically represented the true worth of the player at a particular table. This made dealings easier, as usually the value was embedded on the chip.
In some scenarios, chips are usually replaced by rectangular gaming plaques. This is usually for high-stake tables, worth above $25000. They are larger than a normal chip and rectangular in shape. These chips generally have no value outside the casino, so they must be cashed upon when leaving a casino.
Instructions
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1
Colors
There is no standardized rule or color code assigned to each chip as it will vary depending on the venue, region or preference. Furthermore it can vary within a venue, depending on the stakes.
However, the basic color schemes include red, white, black and green, but with new designs and manufactures coming in, additional colors have also been added such as pink, yellow, orange, grey etc. In order to avoid confusion, every chip will be assigned a dollar amount, in addition to being color coded. -
2
Reading chips
All you need to do is to look at the color of the chip. Most casinos may use the same denominations as mentioned below, though it is not a universal rule to follow.
Red chips, also referred to as nickels, are worth dollar five.
Green chips, also referred to as quarters, are worth dollar 25.
Black chips are worth dollar 100.
Purple chips, also referred to as Barneys, are worth dollar 500
Orange chips, referred to as pumpkins, are worth dollar 1000.
Then there is the small matter of grey, blue or white chips, worth dollar one each. -
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Variations
In the United States, there are different variations. For instance, New Jersey and Illinois have uniform color patters. However, Nevada has certain exceptions. Red and green chips are consistent in most casinos nevertheless.