Casinos, by definition, are places of gambling, whether indoor or outdoor. In the United States, there are more than 80 commercialized casinos, many of which are located along the Mississippi River and the Atlantic Ocean. Casinos vary widely in terms of the games they offer, their theme, locations, number of tables and gaming equipment available and gaming methods. They can be designed to cater to a variety of needs, from a high roller’s tastes to the average gambler’s standards. Casinos have developed a reputation for creating excitement and revenue through entertainment, gambling and relaxation.
Casinos have an inventory of chips that is kept on hand and replaced at intervals. Casinos use a variety of chips in games ranging from progressive jackpots that pay off with chips to single dollar games. Casinos use chips, called chips, in place of money in order to provide their customers the opportunity to play the game without a financial investment. Casinos usually offer single dollar “buy in” games that require no chips to be exchanged with players; however, these games may require the purchase of a promotional product such as “chips” to encourage players to participate. Most casinos use only one type of chip in a game; however, some use two, three or even more types of chips.
Casinos generally provide chips for high-stakes table games including poker, blackjack, baccarat, craps and slot machines. There are also a variety of pre-designed tokens, called “tokens”, that casinos use in place of money when gambling. Most online casinos allow players to play poker with real money or use virtual chips, referred to as “play money”, in online high-stakes poker games. Virtual chips are indistinguishable from traditional chips, except for physical appearance, but players are not able to use them in live casino settings. The purpose of using pre-designed tokens is to replace money spent on purchasing real money at a casino, making casinos less susceptible to fraudulent transactions.
In addition to the pre-designed chips, casino owners may sell stacks of individual chips, called “smokers,” or stacks of different colors of chips, called “cashes.” Many online casinos allow players to select “play” or “play money” without exchanging any chips, and players can transfer funds between play funds and chips by transfer money over the internet. Some online casinos allow players to purchase additional stacks of chips through the website, which can be withdrawn and used for real play.
Casino gaming chips are usually manufactured out of high-quality plastic. Most plastic casino tokens are machine washable and durable, although they may lose their color over time due to exposure to sunlight and environmental factors. Pre-printed casino tokens are available in a variety of colors and styles, including stackable, one-time printable casino tokens. Many printed casino tokens have small magnetic chips attached to the bottom of each token. These magnetic chips allow players to add their own chips to the bottom of each token, making it easy to process and play.
There are also numerous imprinted designs that players can choose from when selecting a casino gaming chip. Popular designs include logos of popular casino gaming chip brands, advertising messages, and images of famous poker players. Players can also have a variety of custom printing on their chips, including a personal message, the name of their favorite casino gaming chip brand, a photo of themselves playing with a certain chip, or a design created by a customer. Many online casino companies allow customers to upload images of their own custom-designed casino chips. Other options include printing black-and-white promotional chip cards that feature only the company logo and advertising message, printing full-color black and white casino promotional cards that feature a multiple-colored chip design and an advertisement, and printing multi-colored full-color cards.
Most casino chips used in regular casino gaming are divided into denominations for varying game play. Each type of denomination has its own specific purposes and differences, such as which deck a player needs to use to bet, whether a win is worth more than a loss and what types of bets can be made in which denominations. The most common types of casino chips used in tournaments are: five-card draw, six-card draw, seven-card draw, eight-game set, and a maximum of a ten-card draw. There are also tournament style poker chips, which feature a body in the center and the logo of the currently competing poker company on the reverse side of the card.
The smallest denomination, five-card draw, is most often used for low-stakes games in casinos across the country. Players in these games may place bids using any combination of one to five cards. These chips are sometimes called “poker chips” because they are often used for playing on the same level as regular poker chips, which are rounded or flattened to a more compact size. Tournament style poker chips, which feature a body in the middle with the logo of the winning organization on the reverse, are considered to be the highest-quality casino chips available.