Casino employees normally refer to chips as "cheques," which is of French background. Technically, there is a distinction between a chip and a cheque. A cheque is a chip with a amount written on its face and is forever worth the value of the written amount. Chips, although, do not have values imprinted on them and any colour can be valued at any amount as defined by the dealer. e.g., in a poker tournament, the house might state that white chips as one dollar and blue chips as $10; while, in a game of roulette, the casino may state that white chips as 25 cents and blue chips as two dollars. An additional example, the cheap red, white, and blue poker chips you can get at K-Mart for your weekly poker get together are called "chips" due to the fact that they do not have denominations imprinted on them.
When you plop your $$$$$ down on the table and hear the dealer say, "Cheque change only," he’s merely telling the box man that a new individual would like to trade money for chips (cheques), and that the $$$$$ on the table is not part of the action. $$$$$$ plays in most betting houses, so if you place a $5 bill on the Pass Line just before the player rolls the bones and the croupier doesn’t trade your cash for cheques, your cash is "in play." When the dealer indicates, "Cheque change only," the boxman knows that your $$$$$ isn’t part of the action.
Technically, in live craps rounds, we bet with cheques, and not chips. Occasionally, a gambler will walk up to the the craps table, put down a one hundred dollar cheque, and say to the croupier, "Cheque change." It’s entertaining to pretend to be a novice and say to the croupier, "Hey, I am new to this game, what is a cheque?" Frequently, their crazy answers will amuse you.
This entry was posted on February 28, 2010, 2:21 am and is filed under Craps. You can follow any responses to this entry through RSS 2.0. You can leave a response, or trackback from your own site.