Entire volumes have been written about casinos. From stories of the establishments themselves, the history of Vegas, playing strategies and big wins. There’s no shortage of approaches to take with casino Q&As. In this edition though we’ll be centering in on the money (both virtual and real) and the collectibles side of casinos.
What is the highest chip value in use in a Vegas?
This may well be one of those questions without a confirmed known answer, are there are close to 200 separate casinos in Las Vegas, Nevada – 30 of them forming part of the Las Vegas strip. Most casinos offer $1000 chips for those wishing to put their peddle to the mental, gambling-wise. If you sit at a roulette table for any amount of time, no matter the denominations people are betting, you get to see an awful lot of money exchanging hands pretty quickly. For some though, they think beyond the low thousands. Consider the Floyd Mayweather types, making tens of millions of dollars and then not thinking twice about unwinding at a Vegas casino.
After searching high and low for an answer, we’ve settled on the Paris, Las Vegas, which offers a casino chip to the dizzying value of $100,000. It’s not often you’d ever actually see this chip as it’s held back for those with multi million dollar credit lines (arguably more money than sense!). Interestingly, the $100,000 chip which of course sports a RFID security tag, is usually reserved for baccarat. The game is known to attract big money players; Planet Hollywood’s baccarat tables allow a maximum bet of a hefty $200,000!
Can you turn cash to chips and vice versa in Grand Theft Auto’s Diamond Casino?
Lover of the Grand Theft Auto franchise were elated when in July 2019 a fully kitted out casino (Blackjack, Poker, Roulette and more) popped up in the GTA 5 world. The casino, set in the fictional setting of Los Santos, even lets you exchange real money for casino chips, so is as real as can be. Chips can be purchased in-game at the ratio of $1 to 1 chip. Any winnings can then be spent in the GTA world such as on cars or weapons. However, you cannot turn your chips back into real world cash. Whether this will change in future is anyone’s guess. Some though would say that’s it’s not healthy to blur the lines between gaming and gambling. In fact a number of countries have blocked gambling based mini games in the likes of GTA 5 and Red Dead Redemption.
How are casino chips made?
Much in the same way that people are often fascinated by ‘where their money comes from’, many have wondered how casino chips are made. As you might well imagine there is more to them than meets the eye. It’s important for starters that chips are aesthetically pleasing. They are central to casino play and so significant thought goes into the design process, colour scheme and even weight of the chips. The manufacturing is as granular as giving consideration to the sound casino chips make when they are clatter together. They also need to be durable and so size and thickness is a consideration. Worldwide, there are only a handful of trusted companies with the experience to make professional casino chips (Abbiati, Matsui, and Gaming Partners International); rather than the cheap plastic ones you get in home roulette and poker sets.
Chips need to be casino specific and distinctive, so they have all manner of customisation options such as the design, rim, inner/outer section of the chip, and a choice of up to 50 colours. All previous designs are stored in a database to ensure that there are no matches. Underneath the bonnet there’s plenty going on too. Chips routinely sport both UV and RFID tag elements to ensure their authenticity and security.View it as being similar to a watermark on a bank note. So in summing up, a simple casino chip is a lot more complex and planned out than it may look at first glance.