Discover How to Compete in Craps - Tricks and Schemes: Chips Or Cheques?

Casino personnel usually reference chips as "cheques," which has its origins in France. In reality, there's a difference between a chip and a cheque. A cheque is just a chip with a denomination printed on it and is forever worth the amount of the printed value. Chips, however, don't have values imprinted on them and any color can be worth any amount as defined by the dealer. For instance, at a poker tournament, the casino might value white chips as one dollar and blue chips as ten dollars; whereas, in a roulette game, the croupier might value white chips as twenty-five cents and blue chips as $2. A further example, the cheap red, white, and blue plastic chips you purchase at Wal-Mart for your Friday-night poker game are called "chips" because they do not have values printed on them.

When you put your money on the table and hear the croupier announce, "Cheque change only," he's basically telling the boxman that a new bettor wish to exchange cash for chips or more correctly cheques, and that the cash sitting on the table is not in play. Money plays in many betting houses, so if you place a 5 dollar bill down on the Pass Line just prior to the player tosses the dice and the croupier does not change your cash for chips, your cash is "live" and "in play."

In reality, in actual craps games, we play with cheques, not chips. Every now and then, an individual will walk up to the the table, drop a $100 cheque, and inform the croupier, "Cheque change." It's amusing to act like a newbie and ask the dealer, "Hey, I'm new to this game, what's a cheque?" Frequently, their comical answers will amuse you.

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