
Casinos around the world use poker chips in order to allow patrons to gamble more easily than they would with real currency. Poker chips are used to represent the money that is gambled with in totally free casino games, and can also be used to simply keep score in informal poker matches following the basic rules of poker. With differently valued chips, poker players can quickly and efficiently wager money, even in
online casino games.
The clay poker chips used in online casino gambling and real casino locations vary in colors and variations, but generally come in 3 or 5 standard poker chip colors. Three colour chip sets come in white, red and blue. Typically, values are assigned with white as the lowest value (1X), then red (5X), then blue as the highest value (10X).
Five color poker chip sets add green and black poker chips to the mix, with values of 20X and 100X respectively.
A 'standard' set of values for poker chips contains White poker chips of $1 value, Red chips of $5 value, Blue for $10, Green for $20, and Black poker chips representing $100 denominations.Occasionally, there may be differences in denominations across poker variations, but this list reflects the generally accepted value for each Poker chip color.
During online poker tournaments, chips may not directly correspond to cash values used to purchase them, but might simply indicate a player's standing in the course of poker games online.