Poker Chips Values

July 19th, 2011 Poker Chips

Chips are a popular substitute for real money in poker games, both online and offline. As the most widely accepted currency for the game, they have evolved into a system of their own and can be used in almost all varieties of poker. They are most popularly used, however, in Texas Hold ‘Em and Omaha Hold ‘Em.

The chips come in different colors, each of which is ascribed a certain dollar value. A basic poker set will contain five colors: white, red, blue, green, and black. White chips are the least valuable kind, at $1 per chip. Red chips are worth $5 each, blue chips are $10, and green chips are $25. Black chips are the most expensive of this set, valued at $100 each. Occasionally there will be variations in poker chips values; for example, green is sometimes played at $20 instead of $25. Of course, in a casual game there’s nothing stopping players from assigning their own values as necessary. However, some chips come with the values already inscribed, which can be confusing.

A full poker chip set can have up to 13 different colors, and the values can vary a bit more broadly. Besides the five basic ones, you might find yellow chips for $2, grey chips for $20 (or some other value, depending on the system), and orange chips for $50. “Premium” chips worth over $100 include pink chips, which are worth $250, purple chips for $500, burgundy chips for $1,000, light blue chips for $2,000, and brown chips for $5,000.

A three- to five-color poker chip set should be plenty for a casual poker tournament. If you have the five basic colors or less, experts recommend sticking with the standard values. These values are designed and distributed so that you can raise the blinds progressively as you go through the tournament. In small cash games where a $1 minimum is too high, you can work with cents instead of dollars, so that white chips are worth 1¢, red chips are worth 5¢, and so on. The figures remain the same, but the stakes are much more manageable.

Most veterans recommend a poker chip set of at least 500 for casual games of up to 10 people. This will start everyone off with about 40 chips, which is plenty to begin with. To move up, the general rule is to have 1000 chips on hand for every 20 people playing.

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