Although casino chips vary greatly in design and can be quite colorful, their primary colors are generally fairly standard by denomination across casinos. A Casino Chip is awarded a value as prescribed by the casino owner. That said, currently, most casino's offer a $ dollar chip, used. A state by state guide for casino chip collectors, complete with photos and descriptions of more than casino chips. For very high denominations, casinos often use "plaques" pictured to the left which are about the size of a playing card and are marked with serial numbers. If a cashier scans a chip that's supposed to have an RFID but doesn't, it's probably a fake. Log in Join My Trips Bookings Rental Inbox. But, it must be remembered a tournament chip is absolutely worthless no cash value , it is just a token for keeping score in an on-going competition. My statements were as a general rule, not copied, but from years of information gathered as a die hard chip and token collector. Fundamental theorem of poker Morton's theorem Pot odds Slow play. In other projects Wikimedia Commons. One possible solution is to have a well-known high-roller cash the chips—but even then, casinos keep track of how many chips each heavyweight has won. The tokens are interchangeable with money at the casino. Each set is contained in a small briefcase or box. Explore Wikis Midnight Texas. In 19th-century America, there was enough of a tradition of using blue chips for higher values that "blue chip" in noun and adjective senses signaling high-value chips and high-value property are attested since and , respectively. Where is a low fee ATM? 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. Common additional colors are pink, purple, yellow, orange, and grey. Certain businesses, especially workers that make tips such as waiters or taxis may accept them informally. In some cases, big casino conglomerates such as MGM Resorts International —which owns Bellagio, the Mirage, Luxor, New York-New York, Circus Circus, and Excalibur, among other Vegas casinos—allow gamblers to cash chips from one property at another. Dec 3rd to 6th. About Las Vegas Hotels Vacation Rentals Restaurants Things to do Flights Travel Forum Airlines Travel Guides Best of Road Trips Help Center.