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Casino chips (also known as poker chips, gaming tokens, or checks/cheques) are small discs used as currency in casinos. Larger, rectangular gaming plaques may be used for high-stakes games. 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 .
The Chip Rack, now in its 21st edition, attempts to include all chips and checks issued by casinos in the State of Nevada. Some chips are considered high-value and have a listed value as high as $50,000. During their 2014 convention, a $5 chip from the Golden Goose SOLD for $75,000, and a $5 chip from the Lucky Casino SOLD for $52,500.
The information in Poker chip seems better suited as a sub-section of this article- it's linked to in the first paragraph in a similar fashion as Token coin, but it seems as if "Token coin" is a general article, while "Poker chip" talks about casino use only. 130.101.31.26 04:19, 6 April 2007 (UTC) This has happened.
Other wise I think this is a great summary of the current poker chip market. - TenPercenter I disagree. My cheap piece-of-drek chips (used mainly in Risk:2210 in lieu of energy counters) resemble the Paulson cane-and-hat designs, such as those I possess from Harrah's New Orleans and Trump Casino Indiana.
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In "no limit" poker cash games, some cardrooms have a maximum buy-in for cash games. In limit poker games, there is seldom a maximum buy-in because betting limits already limit the amount a player can wager on each hand. In a casino, a rake is usually taken from a pot if a flop is shown and the pot reaches certain values. [3]