by Jerry "Jet" Whittaker

Jan 16, 2007

Poker Chips:

Casino Poker chips, Casino Tokens, the Gambling Poker chips, Cheques or Checks are a special type of token of certain fixed amount of money. A 'chip' has no value as such while ‘cheque' holds a specific value. The chips cannot be en-cashed for money while the cheques can be.

There are various types of chips used in the gambling industry: the plastic chips and the metal tokens. The plastic chips are mostly used at the table games while the metal coins are used in the slot machines. They differ in material, colour and sizes. The chips are often exchanged for money at the counter or the table. The casinos sometimes use a rectangular type of chips also know as Plaques for higher bets (exceeding $25,000).

The Poker chips that the slot machines use are mostly made up of metal. The chips used in casinos for other table games are made up of different material. The casino plastic chips are made up of mostly clay with a paper on top (called as an inlay) and a plastic coat on it. This is then compressed to form the regular chip that the casinos use.

It was also to regularize or for uniformity of denomination used inside the casinos. The main cause of introducing the chips is to avoid theft. These chips have same colour code and size so it is better and easier to count the chips in stacks.

Chip Denomination:

Sometimes the casinos have same colour code in a certain geographical area to understand the conventions. Some of the colour codes used for the chips are: Numbered plaque for $10,000, Gray for $5,000, Orange for $1,000, Purple for $500, Black for $100, Green for $25, Yellow for $20, Blue for $10, Red for $5, Pink for $2.50, White for $1.Some of these types of chips are used at certain games and not all.

History:

The casino chips were introduced as a result of the ban on circulation of silver coins in mid 1900s. The Casinos had to find a solution as the slot machines used a particular type of coins having fixed size only. As a result, different types of coins were brought up into the gaming industry so as to compensate for the chips.

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