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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 .
In a live game, to buy more chips before busting. In tournament play, a single rebuy for which all players are eligible regardless of their stack size. This is usually allowed only once, at the end of the rebuy period. The add-on often offers more chips per dollar invested than the buy-in and rebuys. Compare with rebuy. advertising
Tournament chips have only notional value; they have no cash value, and only the tournament chips, not cash, may be used during play. Typically, the amount of each entrant's starting tournament chips is an integer multiple of the buy-in. Some tournaments offer the option of a re-buy or buy-back; this gives players the option of purchasing more ...
The minimum cash buy-in for the fifth season increased to $200,000 – the largest buy-in for an entire run of a television series. Unlike in poker tournaments, the chips involved represent real money. If a player loses his or her initial buy-in, that player may rebuy a minimum of $50,000. In addition, players may use cash instead of casino chips.
Casino chip collecting is the practice of intentionally taking casino chips (also called "cheques") from casino premises or trading or collecting online, or in person, for the purpose of collection. Casino chip collecting is a variety of exonumia, or coin collecting. Before it became a more serious hobby, casino chip collecting was simply a ...
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