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.) Furthermore, it is observed that consumers gamble more freely with replacement currencies than with cash. This attribute also enables the pit boss or security to quickly verify the amount being paid, reducing the chance that a dealer might incorrectly pay a customer. Because of the uniform size, shape, and patterns of stacks of chips, they are easier to tally compared to currency. Generally they have no value outside of the casino, but certain businesses (such as taxis or waiters-especially for tips) in gambling towns may honor them informally. The tokens are interchangeable with money at the casino. Money is exchanged for tokens in a casino at the casino cage, at the gaming tables, or at a cashier station. ( March 2018) ( Learn how and when to remove this template message) Unsourced material may be challenged and removed. Please help improve this section by adding citations to reliable sources.

Some casinos embed RFID tags into chips to collect data and fight counterfeiting, and plaques may have printed serial numbers. Poker chips are also widely used as play money in casual or tournament games, are of numismatic value to casino chip collectors, or may be kept as souvenirs.Ĭhips and plaques used in table games may be made of a mixture of metal, clay, ceramic, and plastic materials inlayed or painted with colors and numbers indicating various denominations, while metal token coins are used primarily in slot machines.

Larger, rectangular gaming plaques may be used for high-stakes games. 50,000 Malagasy franc gaming plaque from Grand Cercle casino, Antananarivo, Madagascar, circa 1995.Ĭasino chips (also known as poker chips, gaming tokens, or checks/ cheques) are small discs used as currency in casinos.

JSTOR ( November 2010) ( Learn how and when to remove this template message)Ĭhips from the fictional 'Casino de Isthmus City'.

Please help improve this article by adding citations to reliable sources. This article needs additional citations for verification.

Blue las vegas casino chip