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👤RakeAdvisory 🕔2021-04-23
Standard Poker Chip Values

Gambling has been around for thousands of years and throughout history people always use some kind of a marker that would represent money. The betting chips that we use today appeared somewhere in the early 1800s in saloons in the West. They were using engraved pieces of clay, bone or ivory as chips. 

Since entrepreneurs of that time saw a big need of these type of chips, they began to produce them around year 1880. Initial chips were customized for each client, being quite hard to forge. But as technology evolved, so does the production of gambling chips. 

Large and important casinos still have custom made chips that are unique to them, but nowadays you can also find plenty of standard chips in stores and online websites. These ones are used by amateur players in their home games or by smaller casinos. The cheapest are made of plastic, while the most advanced one of clay or ceramic. 

Large casinos are carefully making their chips to be totally unique and also very hard to counterfeit. They have their own unique weight, design and texture and sometimes they are even more difficult to fake than real money. Some casinos are taking things even further, by embedding microchips into their makers and making them impossible to replicate. 

The standard poker chips set has pieces colored in white, red, blue, green and black. But in case of high-stakes tournaments, more colors can be added. No matter the game you are playing, it’s very important to know the value of each chip. While cheap sets that are used by beginners have the values marked on them, it’s not the case for professional and more expensive sets. 

The standard poker chip values are:

- White - $ 1

- Red - $ 5

- Blue - $ 10

- Green - $ 25

- Black - $ 100

The extended version is:

- White - $ 1

- Yellow - $ 2 (rarely used)

- Red - $5

- Blue - $ 10

- Grey - $ 20

- Green - $ 25

- Orange - $ 50

- Black - $ 100

- Pink -  $ 250

- Purple - $ 500

- Yellow - $ 1000 (sometimes burgundy or gray)

- Light Blue - $ 2000

- Brown - $ 5000

If you are hosting an event with up to 10 players, it is recommended to have about 500 chips in 3 or 4 colors. if the game has up to 30 people, it’s better to have 1,000 chips in 4 or 5 colors. 

If you are creating your own set, it is better to have more chips with the lower value and few ones with the highest value. For example, if you have a set of 4 colors, you could have 200 chips of $ 1, 150 chips of $ 5, 100 chips of $ 10 and just 50 chips of $ 25. 

So now you know the standard poker chip values. No matter the level you are playing at, it’s better to invest money into a quality set of chips right from the beginning.

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