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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.
A chip race is an event that takes place in poker tournaments, especially those with an escalating blinds (such as Texas hold 'em), in which chips of denominations that are no longer needed (as the current and upcoming blinds are more easily played with larger chip values) are removed from play. This has the effect of reducing the number of ...
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 .
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 present.
Jack "Treetop" Straus (June 16, 1930 – August 17, 1988) was an American professional poker player.. He is best known for winning the 1982 World Series of Poker Main Event, where he was able to come back from being down to one chip earlier in the tournament, giving meaning to the poker phrase "a chip and a chair".
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The format used in the tournament is a modified version of the pool game nine-ball, that emulates Texas Hold 'em, the most popular variation of poker. Each of the four players carries chips like those used in poker. In each rack, the players wager a number of them. The winner of that particular rack collects the others' wagers.
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