Whether you’re playing Texas Hold’em or another version of the game, you’ll likely be using a poker chip in place of currency. There is no official or international standard for how chip values are assigned. However, there is a commonly accepted standard for most major poker tournaments and events. This applies to the games you’ll find at online casinos like the ones recommended by jackpot city.
If you’re hosting a private poker event, then it’s up to you to determine the value of each chip color. It does help to keep somewhat consistent with the colors your guests are used to seeing. Especially if you’re hosting an event for serious and competitive players.
Basic Poker Chip Values
Regardless of the colors you choose to assign to different denominations, it’s important to make sure participants understand the poker chip values. You can make this clear by writing it on a large poster and placing it close to the table.
Here’s a basic value chart for the most common chip colors:
• White – $1
• Red – $5
• Blue – $10
• Green – $25
• Black – $100
• Yellow – $15
Most casinos have very high-value chips that can be from $500 to – 25,000 dollars. For instance, locations that see a lot of high rollers like Vegas or Atlantic City. These types of chips are only brought out on special request and usually used in high-stakes poker events.
Sometimes instead of chips, casinos use tiny plaques around the same size as a playing card to represent high values.
Hosting a Poker Game?
If you’re having a private poker event with friends (up to 10 participants) you should aim to have at least 500 chips in at least four different colors. Each player should have at least 50 chips to start with. If your event is larger, you’ll need to invest in more poker chip sets to accommodate each player.
When hosting private games, it’s based to keep the values of chips less varied. Stick to under five different colors and denominations. If you really want to impress your guests, go with high-quality composite or clay chips for the most authentic game.
Plastic chips are efficient for parties or more fun-focused games. But serious poker players do not enjoy the way the stack and how they feel.
Casinos always have their logos and monetary value of chips printed right on the chip. Inside the casino, they are the currency, whether you’re playing poker, roulette, blackjack, or other games. These chips create uniformity and make things a lot simpler and easy to follow for players and dealers. It’s no longer acceptable to use cash in casinos as it was in the past.
Although there are no standard rules for color coding and chip values across all casinos. Different regions in the world tend to follow the same pattern. For example, all casinos in Vegas or Australia will tend to have similarities in how they value chips based on color.