History, Value and Importance of Color Coded Poker Chips
If you have a poker set for playing games at home, you www.coninepokerclassic.org may wonder why there are no chips that have financial values printed on them. The reason behind this in the first instance is simple – many home games are played more for fun than financial reasons, with stakes being very low or non-existent.
As home poker games became more popular during the early 2000s, it became good etiquette to at least order the value of your home chips to match those used at real casino poker tables. While there are no hard and fast rules, as such, much standardization has occurred as major tournaments have spread beyond North America, so that there is now a very commonly used hierarchy:
Common Low Stakes Poker Chips, Colors and Denominations
White chips: $1
Red chips: $5
Blue chips: $10
Green chips: $25
Black chips: $100
It’s easy to see why just these five simple colors can be more than enough for most home and casual casino games – there are many home games where chips will even be used as just $0.50, $1, $2, $5, and 10 dollar chips as well, or maybe some other small settings like $1, $2, $3, $5, and $10.
Chips, Colors and Higher Bet Denominations
However, things get a lot more complicated if you’re playing something like high-stakes cash games, and on a completely different level when you enter the world of world-class tournament poker. Dealing with potentially thousands of black chips would be completely impractical, not to mention a completely pointless use of time for every player sitting at the table.
Just think of it this way – over 100,000 frequent players participate in the World Championship of Poker every year. If each player starts with 10,000 worth of chips, that makes one billion chips in play. In the last few days of the tournament, only 1-2,000 thousand players remained. Let’s say 1,000 for the sake of simplification, and each remaining player has an average of about a million chips in their stack. That would be 10,000 black chips per player!
This seems like just one more of the many advantages of playing real money online poker – no need to count endless stacks of chips. There is no need for the dealer to check and double-check that each player has put in the promised number of chips – and the nightmare of multiple side pots is all handled automatically by the computer. Some players believe that online poker takes too much from the heart of the game, but that is changing with the advent of virtual and augmented reality technologies, a day when online poker games can feel just as realistic – including being next. impossible to hide tells you – approaching faster than you think!