Fun Facts: Casino Chips

26 January 2017 2 minutes to read
Spread the word

In this article we’re going to give you a brief overview about the history of casino chips, in other words when people started using them as a means to gamble.

Even though the first casino opened its doors for business in Venice in 1626, it will take another 200 years before chips are used.

 

How The Modern Casino Chips Originated

During the 1880s up and till the late 1930s a variety of companies manufactured chips but not the chips we’re familiar with today, they were made from clay. Yup clay, plus they came in different colors ranging from blue, red, yellow and white.

At the time casino players did not use chips but cash, gold pieces, valuable objects, gold nuggets and even ivory. If you’ve watched a Western film before where cowboys play poker in a saloon you’ll know what I’m talking about. They did not use chips but hard cash. On very big stakes folk even gave up their farms as collateral.

Modern day chips (post 1950) are compression molded using clay and other materials which include chalk, sand and cat litter, hopefully unused cat litter! The reason why casinos use chips is to allow them to use their own set of markers to represent currency which acts as a counterfeit deterrent. It also allows casino staff and other employees to identify the value of each chip and they can be weighed to determine their combined value if it’s a large quantity of chips.

The modern chip is fitted with RFID security technology, which embeds a small circuit board within the chip, it allows scanners to verify the chip, custom color combinations on the edges and even an audible tagging where a scanner bleeps if it’s an invalid chip.

The interesting bit about chips is that there is no color standard for them. A gaming control board can regulate colors at times. Another interesting snippet about chips is that they are not interchangeable between casinos, obviously with the exception of Las Vegas. High denomination chips normally over a $1,000 are restricted to VIP lounges.

That’s a wrap hope you found the article about chips just as interesting as we have. If you’re looking for the best online casinos to play at visit the various tables on our website’s home page. Each listed brand offers a stupendous amount of casino games powered by multiple vendors, sign up bonuses, free spins on selected slots and tiered VIP programs that handsomely rewards loyal depositors.

Play here

Welcome bonus

300% Bonus To $2000 + 20 Freespins

98% Rated

Play Now

Players from United States accepted

Related news

Mega Fortune: Tips And Strategy On How To Win

The other day I was doing a bit of research just to see which online progressive jackpot slots are in vogue at the moment and Net Entertainment’s Mega Fortune kept on popp...

February 27, 2017

Divine Fortune Progressive Slots: Strategy And Tips

Nowadays there’s a slew of slot games that look really good but looks can be deceiving at times since a pretty face can only get you so far. If it doesn’t pay itR...

January 20, 2017

A New Sportsbook & Casino Ready To Launch: BetZest

When we craft a review for a casino we don’t talk sale pitch because it’s a money or your life scenario, we write it as it is. In other words we’ll tell you ab...

January 29, 2018

RPG-Style Betsoft Slots Coming In 2021

As the year 2020 comes to end we have a lot to look forward to in 2021. Granted, it’s not been the best of years due to the Coronavirus. It’s been a great year for n...

November 30, 2020