Dictionary Entry

Chip

Definitions

  1. Roulette chips are slightly different from normal cheques. These chips are not marked, come in different colors and they usually represent one type of denomination, for example $1. These chips must stay on the table the player received them at. If this chip is taken off the roulette wheel, then it is considered worthles, or has no monetary value.

  2. A chip is a clay disc that does not have any monetary value, compared to a cheque, which is a clay disc that does have monetary value.

Related Terms & Definitions: Marker, Ace, All-In, Apron, Audition, Backer, Ball track, Bankroll, Full Dictionary

Referenced In Articles and Courses

Learn more about Chip in these articles and courses: