![MDGGamingPlaque](https://upload.wikimedia.org/wikipedia/commons/b/b5/MDGGamingPlaque.jpg)
Casino tokens (also known as casino or gaming chips, checks, cheques or poker chips) are small discs used in terms of
currency
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins.
A more general def ...
in
casino
A casino is a facility for certain types of gambling. Casinos are often built near or combined with hotels, resorts, restaurants, retail shopping, cruise ships, and other tourist attractions. Some casinos are also known for hosting live entertai ...
s. Colored metal, injection-molded
plastic
Plastics are a wide range of synthetic or semi-synthetic materials that use polymers as a main ingredient. Their plasticity makes it possible for plastics to be moulded, extruded or pressed into solid objects of various shapes. This adaptab ...
or compression molded
clay
Clay is a type of fine-grained natural soil material containing clay minerals (hydrous aluminium phyllosilicates, e.g. kaolin, Al2 Si2 O5( OH)4).
Clays develop plasticity when wet, due to a molecular film of water surrounding the clay par ...
tokens of various denominations are used primarily in table games, as opposed to metal
token coin
In numismatics, token coins or trade tokens are coin-like objects used instead of coins. The field of token coins is part of exonumia and token coins are token money. Their denomination is shown or implied by size, color or shape. They are o ...
s, used primarily in
slot machine
A slot machine (American English), fruit machine (British English) or poker machine (Australian English and New Zealand English) is a gambling machine that creates a game of chance for its customers. Slot machines are also known pejoratively a ...
s. Casino tokens are also widely used as
play money
Play money is noticeably fake bills or coins intended to be used as toy currency, especially for classroom instruction or as a marker in board games such as Monopoly, rather than currency in a legitimate exchange market. Play money coins and bi ...
in casual or tournament games.
Some casinos also use rectangular gaming plaques for high-stakes table games ($25,000 and above). Plaques differ from chips in that they are larger, usually rectangular in shape and contain
serial number
A serial number is a unique identifier assigned incrementally or sequentially to an item, to ''uniquely'' identify it.
Serial numbers need not be strictly numerical. They may contain letters and other typographical symbols, or may consist enti ...
s.
Use
Money is exchanged for tokens in a casino at the casino cage, at the gaming tables, or at a cashier station. The tokens are interchangeable with money at the casino. Generally they have no value outside of the casino, but certain businesses (such as taxis or waiters—especially for tips) in gambling towns may honor them informally.
Tokens are employed for several reasons. Because of the uniform size, shape, and patterns of stacks of chips, they are easier to tally compared to currency. This attribute also enables the
pit boss
''Pit Boss'' is an American television series docudrama that follows Shorty Rossi, owner of Shorty's Rescue, an organization set up for Pit Bull rescue. The series aired on Animal Planet from January 16, 2010 to March 30, 2013.
Series overview
S ...
or security to quickly verify the amount being paid, reducing the chance that a dealer might incorrectly pay a customer. The uniform weight of the casino's official tokens allows them to weigh great stacks or heaps of chips rather than tally them (though aids such as chip trays are far more common.) Furthermore, it is observed that consumers gamble more freely with replacement currencies than with cash. A more pragmatic reason for casinos using chips in place of cash at table games is to discourage players from grabbing back their bet and attempting to flee should their bet not win, because chips, unlike cash, must be redeemed at the casino cashier and have no value outside the casino in question. Lastly, the chips are considered to be an integral part of the casino environment, and replacing them with some alternate currency would be unpopular.
Many casinos have eliminated the use of metal tokens (and coins) in their slot machines, in favor of paper receipts or pre-paid cards, which, while requiring heavy infrastructure costs to install, eliminate the coin handling expenses, jamming problems encountered in machines which took coins or tokens and can allow more game-specific technology in the space of a machine which would usually be dedicated to coin mechanisms. While some casinos (such as the Hard Rock Hotel in Las Vegas) which installed the receipt system had kept the $1 tokens around for use as $1 chips, most other casinos using the receipts had simply scrapped the tokens entirely. Most casinos using receipts have automated machines at which customers may redeem receipts, eliminating the need for coin counting windows and decreasing labor costs.
Casino chip collecting is a part of
numismatics
Numismatics is the study or collection of currency, including coins, tokens, paper money, medals and related objects.
Specialists, known as numismatists, are often characterized as students or collectors of coins, but the discipline also includ ...
, more specifically as specialized
exonumia
Exonumia are numismatic items (such as tokens, medals, or scrip) other than coins and paper money. This includes "Good For" tokens, badges, counterstamped coins, elongated coins, encased coins, souvenir medallions, tags, wooden nickels and ot ...
collecting. This hobby has become increasingly popular with the Casino Chips & Gaming Tokens Collectors Club formed in 1988. Some collectors may value certain casino tokens up to $100,000, which are typically traded on online auction websites like
eBay
eBay Inc. ( ) is an American multinational e-commerce company based in San Jose, California, that facilitates consumer-to-consumer and business-to-consumer sales through its website. eBay was founded by Pierre Omidyar in 1995 and became a ...
. Several casinos sell custom-made sets of chips and one or two decks of cards stamped with the name of the casino on them. Each set is contained in a small briefcase or box.
History
The ancestors of modern casino tokens were the counters used to keep score in the card games
Ombre
Ombre (, pronounced "omber") or l'Hombre is a fast-moving seventeenth-century trick-taking card game for three players and "the most successful card game ever invented."
Its history began in Spain around the end of the 16th century as a four-pe ...
and
Quadrille
The quadrille is a dance that was fashionable in late 18th- and 19th-century Europe and its colonies. The quadrille consists of a chain of four to six '' contredanses''. Latterly the quadrille was frequently danced to a medley of opera melodie ...
. In 1752, French Quadrille sets contained a number of different counters, known as ''jetons'', ''fiches'' and ''mils''. Unlike modern poker chips, they were colored differently only to determine player ownership for purposes of settling payments at the end of the game, with different denominations differentiated by different shapes that each counter type had.
In the early history of Poker during the 19th century, players seemed to use any small valuable object imaginable. Early poker players sometimes used jagged gold pieces, gold nuggets, gold dust, or coins as well as "chips" primarily made of ivory, bone, wood, paper, and a composition made from clay and shellac. Several companies between the 1880s and the late 1930s made clay composition poker chips. There were over 1000 designs from which to choose. Most chips were white, red, blue, and yellow, but they could be made in almost any color desired.
Construction
![Treasure Island Hotel and Casino chip](https://upload.wikimedia.org/wikipedia/commons/3/36/Treasure_Island_Hotel_and_Casino_chip.jpg)
The vast majority of authentic casino chips are "
clay
Clay is a type of fine-grained natural soil material containing clay minerals (hydrous aluminium phyllosilicates, e.g. kaolin, Al2 Si2 O5( OH)4).
Clays develop plasticity when wet, due to a molecular film of water surrounding the clay par ...
" chips but can be more accurately described as compression molded chips. Contrary to popular belief, no gaming chip going as far back as the 1950s has been 100% clay. Modern clay chips are a composition of materials more durable than clay alone. At least some percentage of the chips is of an earthen material such as sand, chalk, and clay similar to that found in
cat litter
A litter box, also known as a sandbox, cat box, litter tray, cat pan, potty, pot or litter pan, is an indoor feces and urine collection box for cats, as well as rabbits, ferrets, miniature pigs, small dogs, and other pets that instinctively or ...
. The process used to make these chips is a
trade secret
Trade secrets are a type of intellectual property that includes formulas, practices, processes, designs, instruments, patterns, or compilations of information that have inherent economic value because they are not generally known or readily asc ...
, and varies slightly by manufacturer, most being relatively expensive and time-consuming per chip. The edge spots, or inserts, are not painted on; to achieve this effect, this area of the clay is removed and then replaced with clay of a different color; this can be done to each chip individually or a strip can be taken out of a cylindrical block of material and replaced with the alternate color before the block is cut into chips. Then each chip receives a mid-inlay if desired, and is placed in a special mold that compresses the chip, hence the term compression molded chips. The pressure of the compression and the heat that is added varies from manufacturer to manufacturer.
The printed graphics on clay chips is called an inlay. Inlays are typically made of paper and are then clad with a plastic film applied to the chip prior to the compression molding process. During the molding process the inlay becomes permanently fastened to the chip and can not be removed from the chip without destroying the inlay.
Ceramic
A ceramic is any of the various hard, brittle, heat-resistant and corrosion-resistant materials made by shaping and then firing an inorganic, nonmetallic material, such as clay, at a high temperature. Common examples are earthenware, porcelain ...
chips were introduced in the mid 1980s as alternative to clay chips, and are also used in casinos, as well as being readily available to the home market. The ability to print lettering and graphics on the entire surface of the chip, instead of just the inlay, made them popular. Ceramic chips are sometimes also referred to as clay or clay composite, but they are in fact an injection-molded chip made with a special plastic or resin formula that approximates the feel and sound of ceramic or porcelain. There are less expensive chips for the home market, made from various forms of plastic and plastic covered metal slugs as well.
The chips used in United States casinos typically weigh about 10 grams, but they can be between 8 and 16 g worldwide. The major companies that manufacture chips for licensed casinos are Gaming Partners International (whose subdivisions include Paulson, Bud Jones, and B&G), Matsui, GTI Gaming, and Abbiati.
Colors
There is no universally standardized color scheme for poker chip values, and schemes not only vary nationally and regionally, but even from venue to venue, or by event type within a single venue.
![Set of Poker Chips in Case](https://upload.wikimedia.org/wikipedia/commons/c/c4/Set_of_Poker_Chips_in_Case.jpg)
Chip colors found in home sets typically include red, white, blue, and sometimes green and black; however, more recently a wide assortment of colors have become readily available, particularly in lower-cost
ABS plastic chips. Common additional colors are pink, purple, yellow, orange, and grey. Newer designs in home chips include three-color designs where a three-step molding process creates a chip with unique base, secondary, and detail colors. As chip sets are tailored to the buyer, the values of various colors vary widely, with less traditional colors either used as very high values such as $500, $1,000, $5,000, and so forth, common in tournaments, or as special "fractional" values such as $2 or $0.50, common in low-limit games.
In casinos, uniform chip colors and sizes are sometimes specified by the local
gaming control board
A gaming control board (GCB), also called by various names including gambling control board, casino control board, gambling board, and gaming commission, is a government agency charged with regulating casino and other types of gaming in a defined ...
for consistency. For example, regulations in
New Jersey
New Jersey is a state in the Mid-Atlantic and Northeastern regions of the United States. It is bordered on the north and east by the state of New York; on the east, southeast, and south by the Atlantic Ocean; on the west by the Delaware ...
and
Illinois
Illinois ( ) is a U.S. state, state in the Midwestern United States, Midwestern United States. Its largest metropolitan areas include the Chicago metropolitan area, and the Metro East section, of Greater St. Louis. Other smaller metropolita ...
specify similar uniform colors. Notably, Nevada has no regulations regarding color, which is why Nevada casinos may use white, blue, or gray as $1, though $5 through $5000 are almost always consistently colored. All US states where gambling is legal require that casino chips have a unique combination of edge spots for identification, the name and location of the casino and the chip's value, if any, impressed, printed, or molded onto the obverse and reverse of the token.
In 19th-century United States, there was enough of a tradition of using blue chips for higher values that "blue chip" in noun and adjective
senses
A sense is a biological system used by an organism for sensation, the process of gathering information about the world through the detection of stimuli. (For example, in the human body, the brain which is part of the central nervous system rec ...
signaling high-value chips and high-value property are attested since 1873 and 1894, respectively.
This established
connotation
A connotation is a commonly understood cultural or emotional association that any given word or phrase carries, in addition to its explicit or literal meaning, which is its denotation.
A connotation is frequently described as either positive o ...
was first extended to the sense of a
blue-chip stock
A blue chip is stock in a '' stock corporation'' (contrasted with non-stock one) with a national reputation for quality, reliability, and the ability to operate profitably in good and bad times.
Origin
As befits the sometimes high-risk nature ...
in the 1920s.
$2.50 chips (colloquially referred to as "snappers" by chip collectors) are mostly used for
blackjack
Blackjack (formerly Black Jack and Vingt-Un) is a casino banking game. The most widely played casino banking game in the world, it uses decks of 52 cards and descends from a global family of casino banking games known as Twenty-One. This fami ...
tables, since a "natural" (a 21 on the first two cards dealt to a player) typically pays 3:2 and most wagers are in increments of $5. However, the
Tropicana Casino and
Borgata
Borgata Hotel Casino & Spa is a hotel, casino, and spa in Atlantic City, New Jersey. It is owned by Vici Properties and operated by MGM Resorts International. The casino hotel features 2,798 rooms and is the largest hotel in New Jersey. Borga ...
in
Atlantic City, New Jersey
Atlantic City, often known by its initials A.C., is a coastal resort city in Atlantic County, New Jersey, United States. The city is known for its casinos, boardwalk, and beaches. In 2020, the city had a population of 38,497. , and others, have used $2.50 (pink) chips in $7.50 to $15 and $10 to $20 poker games.
$20 chips are used mostly at
baccarat
Baccarat or baccara (; ) is a card game played at casinos. It is a comparing card game played between two hands, the "player" and the "banker". Each baccarat coup (round of play) has three possible outcomes: "player" (player has the higher score ...
and
pai gow poker because a 5% commission charged for all winning banker wagers at baccarat and winning wagers at pai gow converts evenly. Bets of $20 are not uncommon in traditional table games such as
craps
Craps is a dice game in which players bet on the outcomes of the roll of a pair of dice. Players can wager money against each other (playing "street craps") or against a bank ("casino craps"). Because it requires little equipment, "street c ...
and
roulette
Roulette is a casino game named after the French word meaning ''little wheel'' which was likely developed from the Italian game Biribi''.'' In the game, a player may choose to place a bet on a single number, various groupings of numbers, the ...
; a $20 chip, for example, places a $5 bet on each of the "hard ways" in craps and is preferable to passing a stack of chips or making change.
Because eight is considered a
lucky number
In number theory, a lucky number is a natural number in a set which is generated by a certain "sieve". This sieve is similar to the Sieve of Eratosthenes that generates the primes, but it eliminates numbers based on their position in the remain ...
in Chinese culture, chips denominated 8, 88, and 888 (e.g., $8 in the US) are common in casinos catering to a Chinese clientele, often as a promotion for the Chinese Lunar New Year. They will sometimes contain an image of the animal associated with the year and are issued in a variety of colors.
Low-denomination yellow chips vary in value: $20 in Atlantic City and Illinois (which also uses "mustard yellow" $0.50 chips); $5 at most
Southern California
Southern California (commonly shortened to SoCal) is a geographic and Cultural area, cultural region that generally comprises the southern portion of the U.S. state of California. It includes the Los Angeles metropolitan area, the second most po ...
poker rooms; $2 at
Foxwoods
Foxwoods Resort Casino is a hotel and casino complex owned and operated by the Mashantucket Pequot Tribal Nation on their reservation located in Ledyard, Connecticut. Including six casinos, the resort covers an area of . The casinos have more t ...
' poker room in
Ledyard, Connecticut
Ledyard is a Town in New London County, Connecticut, United States, located along the Thames River. The town is named after Colonel William Ledyard, a Revolutionary War officer who was killed at the Battle of Groton Heights. The population was 1 ...
;
Running Aces Harness Park and
Canterbury Park
Canterbury Park () (formerly Canterbury Downs), is a horse racing track in Shakopee, Minnesota, United States. Canterbury Park Holding Corporation ("Canterbury Park") hosts parimutuel wagering on live thoroughbred and quarter horse racing at i ...
, both in
Minnesota
Minnesota () is a state in the upper midwestern region of the United States. It is the 12th largest U.S. state in area and the 22nd most populous, with over 5.75 million residents. Minnesota is home to western prairies, now given over to ...
; and at Casino del Sol in
Tucson, Arizona
, "(at the) base of the black ill
, nicknames = "The Old Pueblo", "Optics Valley", "America's biggest small town"
, image_map =
, mapsize = 260px
, map_caption = Interactive map ...
; and $0.50 at
Potawatomi Casino
Potawatomi Hotel & Casino, formerly Potawatomi Bingo Casino, is a Native American casino in Milwaukee, Wisconsin, United States, owned and operated by the Forest County Potawatomi Community. It first opened its doors March 7, 1991. Located on Ca ...
in
Milwaukee
Milwaukee ( ), officially the City of Milwaukee, is both the most populous and most densely populated city in the U.S. state of Wisconsin and the county seat of Milwaukee County. With a population of 577,222 at the 2020 census, Milwaukee is ...
, Wisconsin. Blue chips are occasionally used for $10, most notably in Atlantic City. In Las Vegas and
California
California is a U.S. state, state in the Western United States, located along the West Coast of the United States, Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the List of states and territori ...
, most casinos use blue or white for $1 chips, though many Las Vegas casinos now use $1 metal tokens in lieu of chips.
Chips are also available in denominations of $1000 or more, depending on the wagering limits of the casino. Such chips are often yellow or orange.. Casinos in Nevada, Atlantic City, and other areas that permit high wagers typically have chips available in $5000, $10,000, $25,000, and more; the colors for these vary widely.
Denominations above $5000 are almost never encountered by the general public; their use is usually limited to "high limit rooms" where bet sizes are much greater than on the main floor. Casinos often use gaming plaques for these denominations: These plaques are about the size of a playing card, and must be marked with
serial number
A serial number is a unique identifier assigned incrementally or sequentially to an item, to ''uniquely'' identify it.
Serial numbers need not be strictly numerical. They may contain letters and other typographical symbols, or may consist enti ...
s. The greatest value placed on a plaque to date is $10 million, used at the London Club in Las Vegas.
Televised poker tournaments and cash games sometimes use bundled
paper bills for high denominations, though the
World Series of Poker
The World Series of Poker (WSOP) is a series of poker tournaments held annually in Paradise, Nevada and, since 2004, sponsored by Caesars Entertainment. It dates its origins to 1970, when Benny Binion invited seven of the best-known poker pla ...
and the
World Poker Tour
The World Poker Tour (WPT) is an internationally televised gaming and entertainment brand. Since 2002, the World Poker Tour has operated a series of international poker tournaments and associated television series broadcasting playdown and the fi ...
use round chips exclusively with denominations up to $250,000; tournament chips, however, are not redeemable for cash.
European casinos use a similar scheme, though certain venues, such as the
Aviation Club de France, use pink for €2 and blue for €10. European casinos also use plaques rather than chips for high denominations, usually in the €1000 and higher range.
Security
Each casino has a unique set of chips, even if the casino is part of a greater company. This distinguishes a casino's chips from others, since each chip and token on the gaming floor has to be backed up with the appropriate amount of cash. In addition, with the exception of Nevada, casinos are not permitted to honor another casino's chips.
The security features of casino chips are numerous. Artwork is of a very high resolution or of photographic quality. Custom color combinations on the chip edge (edge spots) are usually distinctive to a particular casino. UV markings can be made on the inlay. Certain chips incorporate
RFID
Radio-frequency identification (RFID) uses electromagnetic fields to automatically identify and track tags attached to objects. An RFID system consists of a tiny radio transponder, a radio receiver and transmitter. When triggered by an electromag ...
technology, such as those at the
Wynn Casino
Wynn Las Vegas, often simply referred to as Wynn, is a luxury resort and casino located on the Las Vegas Strip in Paradise, Nevada, United States. It is owned and operated by Wynn Resorts, and was built on the former site of the Desert Inn resor ...
in Las Vegas. Also, makers' marks are difficult to reproduce.
Counterfeit chips are rare. High levels of surveillance, along with staff familiarity with chip design and coloring, make passing fake chips difficult. Casinos, though, are prepared for this situation. All states require that casinos have a set of chips in reserve with alternate markings, though they may not be required to have exactly the same number of reserve chips as they do on the floor. The most notable instance of counterfeiting chips was broken up in 2005, when two men were caught falsely converting $1 chips into higher denominations.
Casino chips used in
tournament
A tournament is a competition involving at least three competitors, all participating in a sport or game. More specifically, the term may be used in either of two overlapping senses:
# One or more competitions held at a single venue and concentr ...
s are usually much cheaper and of much simpler design. Because the chips have no cash value, usually chips are designed with a single color (usually differing in shade or tone from the version on the casino floor), a smaller breadth, and a basic mark on the interior to distinguish denominations; however, at certain events (such as the
World Series of Poker
The World Series of Poker (WSOP) is a series of poker tournaments held annually in Paradise, Nevada and, since 2004, sponsored by Caesars Entertainment. It dates its origins to 1970, when Benny Binion invited seven of the best-known poker pla ...
or other televised poker), chips approach quality levels of chips on the floor.
Variations
Several casinos, such as the
Hard Rock Hotel and Casino
Hard Rock Cafe, Inc. is a British-based multinational chain of theme restaurants, memorabilia shops, casinos and museums founded in 1971 by Isaac Tigrett and Peter Morton in London. In 1979, the cafe began covering its walls with rock and ro ...
in Las Vegas, issue "limited edition" varied-designed chips, commemorating various events, though retaining a common color scheme. This encourages customers to keep them for souvenirs,
at a profit to the casino.
In certain casinos, such as the
Wynn
Wynn or wyn (; also spelled wen, ƿynn, and ƿen) is a letter of the Old English alphabet, where it is used to represent the sound .
History The letter "W"
While the earliest Old English texts represent this phoneme with the digraph , ...
and
Encore
An encore is an additional performance given by performers after the planned show has ended, usually in response to extended applause from the audience.Lalange Cochrane, in ''Oxford Companion to Music'', Alison Latham, ed., Oxford University Pre ...
Casinos in Las Vegas, chips are embedded with
RFID
Radio-frequency identification (RFID) uses electromagnetic fields to automatically identify and track tags attached to objects. An RFID system consists of a tiny radio transponder, a radio receiver and transmitter. When triggered by an electromag ...
tags to help casinos keep better track of them, determine gamblers' average bet sizes, and to make them harder for counterfeiters to reproduce. However, this technique is costly and considered by many to be unnecessary for profit. Also, this technology provides minimal benefits in games with layouts that do not provide gamblers with their own designated betting areas, such as
craps
Craps is a dice game in which players bet on the outcomes of the roll of a pair of dice. Players can wager money against each other (playing "street craps") or against a bank ("casino craps"). Because it requires little equipment, "street c ...
.
In television
The first game show to use them, ''
Duel
A duel is an arranged engagement in combat between two people, with matched weapons, in accordance with agreed-upon Code duello, rules.
During the 17th and 18th centuries (and earlier), duels were mostly single combats fought with swords (the r ...
'', had a variation in which the contestants answer questions using oversized casino tokens. Each discarded token adds money to the jackpot. The
World Series of Poker
The World Series of Poker (WSOP) is a series of poker tournaments held annually in Paradise, Nevada and, since 2004, sponsored by Caesars Entertainment. It dates its origins to 1970, when Benny Binion invited seven of the best-known poker pla ...
at one time actually used its casino tokens for the poker tournaments, but in more recent years has had special Paulson
WSOP
The World Series of Poker (WSOP) is a series of poker tournaments held annually in Paradise, Nevada and, since 2004, sponsored by Caesars Entertainment. It dates its origins to 1970, when Benny Binion invited seven of the best-known poker pla ...
clay sets made for the tournaments. Another variation is the Power Chip from ''
Catch 21
''Catch 21'' is an American game show broadcast by Game Show Network (GSN). Created by Merrill Heatter (who also produced the show's predecessor ''Gambit''), the series follows three contestants as they play a card game centered on blackjack and ...
'', which discards the card currently drawn in the bonus round for a new one in exchange. The number of chips is determined by the number of rounds a contestant has won during the game with an additional chip for becoming the day's champion.
See also
* (slang)
*
Jeton
Jetons or jettons are tokens or coin-like medals produced across Europe from the 13th through the 18th centuries. They were produced as counters for use in calculation on a counting board, a lined board similar to an abacus. They also found use ...
References
{{Authority control
token
Exonumia
Gambling terminology
Game equipment
Gaming devices
Poker gameplay and terminology
Poker tools