Poker Chip Value Calculator

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Poker Chip Value By Color
Poker Chip Value Calculator Estimate
Poker Chip Calculator Spreadsheet

Just fill in the number of players, how many chips you have of each color the value for each chip and how many chips each player will get. The calculator will tell you how many of each color will be left after one buy-in and what the buy-in is. If chips left goes red, you need to buy more chips! Casinomia Casino is Poker Chip Value Calculator a relatively new online casino platform that was established in 2019. The Casino accepts Canadian players and has multiple special offers to make one’s time there more.

Chips used for poker are among the most iconic parts of gambling overall. One complete basic set of poker chips usually consists of red, white, blue, green, and black chips. In addition, other larger high stakes tournaments also use other chipsets with more colors. For the most popular types of games like Texas Hold ‘Em Poker, or any other that uses chips as currency, you simply have to know how much each color is worth. It is important to remember that no set rules are in place for the values and that these are rather are common standards at poker events. In this article, we will go over the usual ways poker chips are valued during games.

Basic Poker Chips

White – $1

Pink – $2.50 (This is rare in poker, and it is sometimes used in black-jack)

Red – $5

Blue – $10

Green – $25

Black – $100

Full Poker Chips

White – $1

Yellow – $2 (Again, rarely used)

Red – $5

Blue – $10

Grey – $20 (Sometimes green)

Green – $25

Orange – $50

Black – $100

Pink – $250

Purple – $500

Yellow – $1000 (These are sometimes burgundy or gray)

Light Blue – $2000

Brown – $5000

Are You Hosting a Poker Event?

If you want to host a game of poker with a maximum of 10 players, the experts suggest you should have around 500 chips in three or four colors. If you plan to hold a much larger game with up to 30 people, an around 1,000 chips in four or five colors is what you will need. Regarding sets of chips for your own games, you should keep the number of different colors low and have the most chips of the lowest value. Then, you should have progressively smaller numbers of chips as they climb in value. One example of this is a 4:3:2:1 ratio for $1, $5, $10, and $25 chips. For 500 poker chips, totals of 200, 150, 100, and 50 chips in white, red, blue and green is the common practice.

Casino Chips

Casinos tend to have their own custom-designed chips that have monetary value and the name of the casino printed either printed or engraved on the sides. These are also often multi-colored, stylized, and have patterns. The color-coding in the casinos often follows the values listed above, but many casinos make up their own systems.

Atlanta casinos mostly follow the basic practice of white, pink, red, green, and black chips. They also add yellow chips for $20 and blue chips for $10.

Las Vegas casinos are arguably the most popular in the world, and they also follow the primary system. They too, however, add $20 chips. The Wynn casino also has brown $2 chips and peach $3 chips.

California has no legal laws for chip colors in California, but a common color coding method is as follows:

$1 is usually blue

$2 is green

$3 is red

$5 is yellow

$10 is brown

$20 is black

$25 is purple

$100 is white and sometimes larger

$500 is brown or gray and often larger

High-Value Chips

A chip that is worth more than $5,000 is rarely available at the public in casinos, because high-stakes games are mostly held privately. At these events, casinos sometimes use rectangular plaques that are around the same size as playing cards. Casinos that allow high-stakes gambling in public areas have plaques of $5,000, $10,000, $25,000, and even higher. Only Nevada and Atlantic City have these casinos.

This all will be unnecessary if you are going to an online casino because the chips are already counted for you. However, not all online casinos are user friendly, to say it like this. Some of them have the Gamstop tool that prevents players with gambling issues to approach the site. To avoid such sites, you can check the list of non Gamstop casinos at sites such as freespins.monster.

History

Most of the gambling games through history used some sort of cash marker for the currency. However, the first use of chips dates back at the early 1800s when the saloons and gaming houses in the Wild West started using engraved bones, ivory, or clay as chips. These were quite easy to copy however, so by the 1880s, several commercial companies manufactured customized clay chips for the use in saloons and gaming houses. They were carefully detailed and hard to forge.

In contemporary casinos, chips are custom and manufactured, still containing a percentage of clay. Some can also be ceramic. The weight, texture, design, and color are carefully observed and controlled, and some high-end casinos even have microchips in them, which means they are impossible to copy.

The blind structure (or schedule) is one of the most important details of running a successful tournament. Gradual increases of the blinds at each level and finishing on time are characteristics of a good blind structure.

To calculate a blind structure, the minimum information you need is the number of players, target duration, and the starting blind level (which is usually the smallest chip denomination you have). It is also necessary to know how many chips there will be in play and how many rounds there will be. The blind calculator tool below can take care of that and help set up your perfect structure.

Poker Chip Value By Color

To calculate a blind structure, you need the starting blind level, the estimated total value of the tournament chips in play (initial buy-ins plus rebuys and add-ons) and the desired length of the tournament. Use the tool below to help set up your perfect structure.

This section discusses some tournament blind structure theory, which explains why the PokerSoup.com tournament blind structure calculator suggests blind levels the way it does and what you can change to create the right blind structure for your game.

Starting Number of Blinds

Most tournaments start with 50-100 big blinds. Anything around 200 big blinds is considered a 'deep stack' tournament. Deep stack tournaments are considered to be full of skillful poker play and not just pushing your money all in before the flop. The latter occurs quickly in tournaments that start with less than 50 big blinds, which are also aptly nick-named 'luck-fests'. There just aren't enough chips to maneuver and play real poker.

If all other variables are held constant, starting a tournament with larger chip stacks will increase the length of the game.

Rebuys and Add-ons

The number of rebuys and add-ons in a tournament also effect the total number of chips in play during a tournament. If no other changes are made, more rebuys and add-ons make for a longer tournament.

Blind Level Round Length

Most live tournaments employ blind level lengths of 15, 20, 30, 45, or 60 minutes. The blind calculator can calculate blinds for any of these blind levels. With a set tournament length, longer blind levels result in less number of rounds and shorter blind levels result in more rounds.

Gradual Blind Increase

The greatest benefit of using the PokerSoup.com tournament blind structure calculator is the assurance of constantly increasing blind amounts. This is an important aspect of tournament play. If the blinds increase (preferably slowly) at a constant rate, players do not spend an inordinate amount of time being deep- or short-stacked and there are no game-altering blind increases in the middle of the tournament.

For example, if the blinds increase from 150/300 to 200/400, that is an increase of 33%, or (200+400)/(150+300). This is a comfortable increase. Similarly, in the later stages of the tournament after many players are knocked out, a blind increase from 3000/6000 to 4000/8000 is also 33%.