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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 .
See also live poker. live poker A retronym for poker played at a table with cards, as opposed to video poker or online poker lock up To lock up a seat in a cash game means to place a poker chip, player's card, or other personal effect on the table in front of the seat, to signify that the seat is occupied even though the player may not be ...
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 ...
A game of faro was often called a "faro bank". It was played with an entire deck of playing cards. One person was designated the "banker" and an indeterminate number of players, known as "punters", could be admitted. Chips (called "checks") were purchased by the punter from the banker (or house) from which the game originated.
Rolling chip drop or volume is the amount of rolling chips wagered and dropped at the table (like cash is dropped). Winnings are paid out in cash-equivalent chips. A casino records revenue based ...
Also called the house or the bank, the person responsible for distributing chips, keeping track of the buy-ins, and paying winners at the end of a banking game. A dealer against whom the punters bet. [11] [3] banking game A less-skilled card game of the gambling type in which one or more punters play against a banker, who controls the game. [12 ...
Some locations have RFID chips embedded in every gambling chip, tracking how each gambler is playing and building a profile that automatically directs human workers to intervene as needed — an ...
Players use casino chips rather than cash to bet on the Craps "layout", [3]: 102 a fabric surface which displays the various bets. The bets vary somewhat among casinos in availability, locations, and payouts. The tables roughly resemble bathtubs and come in various sizes. In some locations, chips may be called checks, tokens, or plaques.
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