Learn to Bet on Craps – Tricks and Strategies: Chips Or Cheques?

Casino employees frequently reference chips as "cheques," which is of French origin. Technically, there’s a difference between a cheque and a chip. A cheque is a chip with a value printed on it and is always worth the value of the written on it. Chips, however, don’t have denominations printed on them and the value is defined by the table. For example, at a poker table, the casino may define white chips as $1 and blue chips as 10 dollars; at the same time, in a roulette game, the casino might value white chips as 25 cents and blue chips at two dollars. A different example, the inexpensive red, white, and blue poker chips you purchase at the department store for your Friday-night poker game are called "chips" due to the fact that they do not have values written on them.

When you plop your cash down on the table and hear the dealer say, "Cheque change only," he’s just telling the boxman that a new bettor wants to exchange cash for cheques, and that the money sitting on the table is not in play. Cash plays in most casinos, so if you place a five dollar bill on the Pass Line just before the shooter rolls the pair of dice and the croupier doesn’t exchange your money for chips, your cash is "live" and "in play."

In reality, in actual craps games, we compete with with cheques, not chips. Sometimes, an individual will approach the table, drop a one hundred dollar cheque, and tell the dealer, "Cheque change." It is a blast to act like an amateur and ask the croupier, "Hey, I am a brand-new to this game, what’s a cheque?" Frequently, their wacky responses will entertain you.

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