Each poker enthusiast knows how important chips are in a game of poker. With that in mind, it is equally essential to know all the values, colors, and other details that can make or break your next poker game. Poker chips come in different colors; sometimes, they serve as money in a cash game; other times, they represent particular values in poker tournaments. Keep on reading for crucial information that can help you master poker.
Chip colors and their value
Common values according to color, go something like this. White is the lowest value, it is worth $1, then comes red for $5, orange is $10, then yellow is worth $20, green is $25, black is more valuable – it goes for $100, then comes purple valued on $500, and lastly maroon – $1.000.
What each player must remember is that when it comes to tournaments, the colors and their values may be different. Most of these tournament chips are not represented by real money values. There are also instances when chips with lower values are not used anymore and are replaced with different colors and bigger values. In order to win a poker tournament, you need to collect all the chips in the game.
Now that we are aware of the fact that tournament chips are colored in order to show their value, here is some basic info about what comes next. First of all, all players play with the purpose of building their chips up during home games, cash games, or big tournaments. Only in cash games, the value of the chip is the actual value of real money. All poker-related games can be played at home, at a land casino, or online. Yes, online too. For instance, a simple wildz casino login can lead you into the world of online casino games that bring fun, excitement, and wins together.
A detailed look at tournament chip values
So, as mentioned earlier, tournament chips have values that are not a mirror of real money values. All players at the table start off with a standard number of chips. Their goal is to increase them during the game. While playing, in time, the blinds and antes have bigger values – meaning, chips with bigger values are needed in the game. So, in order to add new chips, the ones with the lowest value are colored up and removed from the poker game.
We will discuss the World Series of Poker (WSOP) so that you can have an idea and example of colors and values during tournaments. The WSOP is played once a year, and it is the largest event in the world of poker. More tournaments are played daily while the series lasts. The biggest night of the series is the $10.000 Main Event.
Since there are so many events and players – the organizers of the WSOP have to use more different sets of chips so that confusion is avoided. During this event, players often start with green chips valued at $25 and black chips valued at $100. As the game evolves, they switch up the colors above these values. As for the Main Event, a color scheme has been used for several years now.
Here is a list of chips used at the Main Event and their accent colors.
- 25 – green with forest green/yellow
- 100 – black with day blue/dark blue
- 500 – desert flower with maroon/pink
- 1000 – canary yellow with plum/sherbet orange
- 5000 – blaze orange with dark brown/tan
- 25,000 – forest green with blue/yellow
- 50,000 – hot pink with lime green/dark green (rarely used anymore)
- 100,000 – Hawaii flower with charcoal/metallic silver
- 250,000 – almond with bronze/butterscotch
- 500,000 – red with day blue/white
A detailed look at home game poker
If you and your friends are into home games, here are a number of things that you should know. First and foremost, before the game starts, you need to decide on the tournament structure and the values of your chips. If it is a cash game – the whole procedure is much simpler. You can go for a $1-2 No-Limit Hold’em tournament (6-8 players). Quite often, in this situation, the white chips are $1, and the red ones are $2.
If you want to host a game with higher stakes, a $2-5 No-Limit Hold’em with 6-8 players, then they should all buy in a game for fifty to two hundred big blinds. If you go for higher stakes than that, keep in mind that you will need more ship denominations.
If you are the game host make sure that you have enough chips (even if the stakes get higher), that you have determined the values, and that you have all the colors you may need during the game. Have fun, and good luck!
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