ChumpChange
ChumpChange
Joined: Jun 15, 2018
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June 25th, 2020 at 8:05:31 AM permalink
I's a typo. You can use any multiple of 2 of those $2.50 chips to bet on a blackjack hand.
DeMango
DeMango
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June 25th, 2020 at 8:40:45 AM permalink
Quote: ChumpChange

I's a typo. You can use any multiple of 2 of those $2.50 chips to bet on a blackjack hand.



Sarcasm buddy.
When a rock is thrown into a pack of dogs, the one that yells the loudest is the one who got hit.
DJTeddyBear
DJTeddyBear 
Joined: Nov 2, 2009
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Thanks for this post from:
ChumpChangetough
June 25th, 2020 at 9:00:15 AM permalink
$50 chips don't exist. They're simply not necessary.

Some casinos have $20 chips, but generally only on a Pai Gow table where the standard minimum bet is $20.

If the casino has the $20, some will not let you use them on other tables, but some will. But note that if they'll let you bet it, once you lose it, it will generally be put right into the cash drop slot rather than being left in the rack.

On a side note, casinos will sometimes create odd-ball value chips for special occasions. Typically, $8 chips each year for Chinese New Year. But these are limited editions, and expected to be taken as souvenirs.

At Roulette, there isn't enough room on the layout for every player to have their bet in an individual stach, so when you buy in, you are given chips of a single color, and all of that color will be the same value. Other players will have different colors. Theoretically, you should be able to make your color any value you like, but you can't for two big reasons: 1 - The dealer will use a marker to indicate the value of your color. The markers are plastic chips called Lamers, about 1/2" smaller than chips. The markers are only in a small variety of values, such as 20, 100, 500, which indicate what a stack of 20 of your color is worth. The reason the marker indicates the value of a stack rather than a chip is because of the second reason. 2 - If you should win an amount that exceeds the number of chips of your color available, the dealer gives you a cash cheque in the value indicated by the marker for each stack of 20 roulette chips he didn't give you. It's all about giving the dealer less to have to think about.

On a side note, the non-value colored chips used in Roulette are correctly called chips, and must be exchanged for cash cheques before leaving the table. Roulette chips won't be cashed in at the cage and can't be used at another Roulette table. "Cheques" are the correct name for the chips that have a cash value and are used at all other games.

You CAN use cash cheques on the inside bets at Roulette, but the casino will often discourage that, and outright not allow it if two players want to do it. Because the spots are larger, multiple players can use cash cheques on the outside bets, each having their own stack. This is also standard procedure at the Big Six wheel. However, in both cases, it's up to the players to remember whose stack is whose.

Craps on the other hand only uses cash cheques. While there are a multitude of different betting spots, most of them are handled by the dealers. Where the dealer positions your cheques within the spot indicates what type of bet it is, as well as whose cheques are whose.

Here's something many new craps players fail to understand: The position with the various boxes that the dealer places your bet has a direct correlation to where you are standing. That's how the dealer knows who to pay. There is theoretically room for 16 players, 8 on a side. Of those 8, 4 in front and 4 on the end. So, if you're in front, which of 4 people you are correlates to the 4 spots on the front edge of the betting spot. If you're on the end, imagine those spots rotating around to the back of the spot for 4 positions.
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ 覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧 Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
billryan
billryan 
Joined: Nov 2, 2009
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June 25th, 2020 at 9:18:23 AM permalink
A personal observation is that the $2.50 chips seemed to become rarer in Nevada when 6-5 BJ became popular.
I remember a long discussion on another site when a poster insisted that the Riverside had switched to 6-5 and went on a long spiel about it. What had happened was he was playing $5 BJ and when he got a BJ, he received a red chip and a gray chip. Not realizing the gray chip was worth $2.50, he quit the game, spent the weekend bitching about it, and then posted on multiple sites about it. Soon after, I noticed more places did away with the $2.50 chip.
The opportunity is long gone, but Binions evidently was using rolls of Kennedy Half Dollars they had had for years, without realizing the coins from 1965 to 1970 were 40% silver and worth a couple of dollars a pop.
The difference between fiction and reality is that fiction is supposed to make sense.
heatmap
heatmap
Joined: Feb 12, 2018
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June 25th, 2020 at 9:49:27 AM permalink
Quote: DeMango

So what does $2.59 buy ya??



sigh haha
Vegasrider
Vegasrider
Joined: Dec 23, 2017
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June 25th, 2020 at 1:55:34 PM permalink
Quote: AlanMendelson

Casinos with poker rooms might even have fifty cent chips, $2 and $3 chips.

I've never seen a $50 chip.



Yes depending on the the limits they spread. If its an 8-16 limit game, $2 chips could be used, vs $5 and $1 chips. Sometimes poker rooms will have $4 chips, but they are only used for the drops. Some casinos with poker rooms tend to encounter shortages of certain chips when the casino gets very busy. Having dedicated chips such as a $4 chip will help place more $1 chips in circulation throughout the casino.

I heard back in the past the Bellagio had to reorder $30k worth of chips every quarter because all the tourists kept them as a souvenir. Just hearsay, but I actually believe it
AlanMendelson
AlanMendelson
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June 25th, 2020 at 5:39:22 PM permalink
Bellagio loves to reorder chips because tourists take them home. A $1 chip might cost them 70 cents.

This is the same reason the postal service loves stamp collectors.

Caesars used to sell sets of new Celine Dion chips from $5 to $100 targeting fans who bought sets as collectibles.
DJTeddyBear
DJTeddyBear 
Joined: Nov 2, 2009
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June 25th, 2020 at 5:53:59 PM permalink
Quote: AlanMendelson

A $1 chip might cost them 70¢

And that痴 why limited edition / souvenir chips are $5. Sometimes higher!


Quote: AlanMendelson

Caesars used to sell sets of new Celine Dion chips from $5 to $100 targeting fans who bought sets as collectibles.

I thought it was against gaming regulations to sell them - even at face value.
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ 覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧 Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
AlanMendelson
AlanMendelson
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June 25th, 2020 at 8:01:57 PM permalink
Quote: DJTeddyBear

And that痴 why limited edition / souvenir chips are $5. Sometimes higher!


I thought it was against gaming regulations to sell them - even at face value.



Yes. Souvenir chips are usually $5 and up. And now I'm going to ask you... what's the difference between a Souvenir chip (such as the George Burns 100th birthday chip at Caesars) and frequently changing the designs of the Celine chips?

I don't know of any Gaming regulation that says you can't take them home. There are regulations about their use and how they're not currency... but nothing about not bringing them home.

Yes, there are signs that casino chips remain casino property so in effect you're renting their use. I guess a casino might try to stop a sale on Ebay, but has it ever happened?

Anyway... when Caesars issued new Celine chips you could go to the cage to get new, unused chips... and they promoted it.

https://www.ebay.com/itm/Caesars-Palace-LV-Celine-Dion-Chips-Set-of-5-UNC-Matching-00999-10000-Rare-/381342692185
Torghatten
Torghatten
Joined: Feb 3, 2012
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June 25th, 2020 at 8:45:05 PM permalink
I have spent way to much time on a Spanish Casino which use 2.50-5-10-50-(100)-250 chips (+ 1,25 used for 'La Partage' and BJs)

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