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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.
In no-limit or pot-limit poker, a player's M-ratio (also called "M number", "M factor" [1] or just "M") is a measure of the health of a player's chip stack as a function of the cost to play each round. In simple terms, a player can sit passively in the game, making only compulsory bets, for M laps of
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Poker: Omaha (Pot Limit) Omaha Hold Em: Pot Limit has structured betting where the maximum bet is the pot size. Play two of your four face down cards and three of the five community cards.
The player currently holding the most chips in a tournament (or occasionally a live no limit game) chip race An event in tournament poker where chips of a value lower than the minimum required are removed from play. See main article: chip race. chip up To exchange lower-denomination chips for higher-denomination chips.
The blinds were 50 and 100 chips for every hand, and both the human's and computer's chip stack were reset to 20,000 at the beginning of each hand. Halfway through the match, the human team was ahead 458,000 chips versus Claudico. [6] The humans went on to increase their lead, winning the match by 732,713 chips.
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