Denominations of chips

la_dee_daa

Well-Known Member
#1
has anyone ever wondered why the values of chips are they way they are? is there some origin to this? So in some type of world of reason and logic wouldn't we have like $5s, $10s, $20s, $50s, $100s, etc. like currency? rather then like $25s?

well to me at least it would be a little more logical.
 

ChefJJ

Well-Known Member
#2
la_dee_daa said:
has anyone ever wondered why the values of chips are they way they are? is there some origin to this? So in some type of world of reason and logic wouldn't we have like $5s, $10s, $20s, $50s, $100s, etc. like currency? rather then like $25s?

well to me at least it would be a little more logical.
5 $1 chips = $5 chip
5 $5 chips = $25 chip
4 $25 chips = $100 chip
5 $100 chips = $500 chip

That's the logic behind casino chips.

good luck
 

Sonny

Well-Known Member
#3
Casinos are not known for using logic to make decisions. They run on internal opinions and customer demand. :)

-Sonny-
 

SPX

Well-Known Member
#4
I've also wondered why there's not a $10 or $50 chip. It seems there's just too big of a gap between the reds and greens, and the greens and blacks.
 
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shadroch

Well-Known Member
#6
I don't understand the lack of a $10 chip,either.
Some casinos have $2.50 chips,most don't. That seems to be the only low level chip that is not universal.
 
#9
Actually, the denomiations of casinon chips are regulated by the casino control commission. At least they are in atlantic city.

Atlantic city does have $10 and $20. They are Pretty much only used in Poker games though. list of allowable denominations in atlantic city:

List of allowed denominations in AC
$1; $2.50; $5; $10; $20; $25; $100; $500; $1,000; $5,000; $20,000 and $25,000

Each casino does not have the ability to add any denom chip they choose, the CCC has to add it first, such as the newly added 25 k chip.

I actually think the chop denoms they keep at table games are fine, not sure how they would fit $1; $2.50; $5; $10; $20; $25; $100; $500; $1,000; at the same table, its just too much.

The more denominations also the more difficult the game is to deal. If someone wants to bet $20 the bet is almost 95% of the time 4 red chips.

For those that don't know, $10 are blue and $20 are yellow. It would take much longer to deal/payout the game if seat 1 bet $15 dollars using 3 reds, seat 2 did it with a blue and 2 reds etc.. At most tables, people tend to be using the same denoms of chips making payouts easier.

Example, $10 table, most players are red chipping it, so after hand dealer grabs stack of reds and pays out fast, at higher limits they grab stack of green to payout etc....

lastly people have stack envy, players like having losts of chips in front of them, having 20 red looks nicer than 10 blue.... and also encourages people to wager more as it seems like more money then they really have.

Example, poker games with the most action are usually games that use a 4 chip 8 chip structure, meaning the first few bets are 4 chips and 2nd few are 8 chips, as in a 20/40 game played with reds. However a game such as 5/10 that uses a 1 chip 2 chip structure has far less action as there are less chips in the pot. It may seem like BS but its true, go watch a 20/40 game and a 5/10 and tell me which table seems to have more action.

I would imagine that if you did an experiment, gave 1 table of BJ all reds and one table all blue $10 chips, make them both $10 min bet tables that the table with the red chips would have people betting more aggresively.
 

21forme

Well-Known Member
#10
In AC, the yellow $20 chips are commonly used in the Asian games. A lot of the BJ dealers try to get rid of them, if players bring them over.
 

ChefJJ

Well-Known Member
#11
stinkus said:
The more denominations also the more difficult the game is to deal.
That's the bottom line.

With $1, $5, $25, $100, $500, & $1000 denomination chips, you need no more than 5 chips of a denomination to equal the next highest.

$10, $20, etc. chips are really unneeded. K.I.S.S.

good luck
 

Ferretnparrot

Well-Known Member
#12
i think marketing of the games in combination with average bets may have something to do with the drastic jump from a five dollar chip to a 25 dolar chip

Like if you run out of 5 dollar chips and have to resort to using 25 dollar chips
vs
You run out of 5 dollar chips and start using ten dollar chips

the 25 dollar chip might help to increase earnings on average when situations liek that do arise, as the majority of bets seem to be below or at 25 dollars

One time i colored up and rather than give me a 100 dollar chip they gave me 5 yellow 20 dolar chips. I at first thought it was a way of marking me prior to goign to the cage, so i asked and they said they arnt used at bj tables and told me she just wanted to get rid of them since i was gogin to the cage.
 
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