Chips are the currency of casinos and poker games around the world
There is some money in Vegas but it all starts with the little round chips you see scattered across the casino floor. So why do casinos use chips instead of cash? At first, you’d think it would be easier to deal with cold hard cash. No need to endlessly cash out and cash out. Casinos don’t need to hire cashiers just to replace chips with cash. Everything will be much simpler, right? 온라인바카라
Nach, casinos use chips for a number of reasons, and it’s not just a routine. Please watch.
The main reason casinos prefer chips over cash is that chips add a bit of a moral divide between the gambler and his money’s worth. It’s a little easier for you, the gambler, to place big bets with only Chips. Reasoning, you know what the chip represents. But since it’s not real cash in your hands, you have little difficulty taking bigger risks.
In principle, this is a case of psychology. You can also think about it like this. If you want to place a $500 bet on blackjack and all you have is cash, you have to sit down from there and calculate the currency. Maybe twenty-five $20 bills or a small pile of fresh, new 100 dollar bills. It is very real and looks at your face. This gives it time for what you’re doing to really sink in.
But if you use chips, all you have to do is throw one purple chip on the table. I guess a little. It was just one, lonely piece sitting there in the middle of a sea of green. All it takes is one second and the money is gone.
Chips give the casino an additional layer of security. Casinos control those chips and have a number of ways they can use them to detain or thwart those with criminal intent. Years ago, a man parked his motorcycle at the Bellagio valet, ran in with a gun and stole a craps table for $1.5 million in chips.
The Bellagio noticed that the majority of the robber’s illicit profits consisted of $25,000 denomination chips. A few days later, the Bellagio announced to the world that they could cut out all $25,000 in chips soon. The chips are all worthless after the time limit set by the casino.
This problem places thieves in the awkward position of having to cash in a lot of value chips quickly. He was later found to be trying to sell his chips through the poker community TwoPlusTwo.com. The “consumer” submitted a trial marketing to the police and the criminal was then arrested.
Some casinos add RFID (radio frequency ID) chips to their chips. This allows them to look for their high denomination chips and easily spot scams. If someone arrives with a bunch of clever fakes, those chips will be unauthenticated and the casino won’t mistakenly cash out lots of fake chips.
If multiple sets of RFID-enabled chips are stolen, the casino can determine (depending on the conditions) which chip is lost. The casino can then remove those personal chips from its inventory and render the stolen chips worthless. At that time, none of the other chips were persuaded.
One of the reasons casinos use chips is a simple matter of convenience. In fast-paced games, it can be a nightmare to wait for players to fumble with dollar bills for each bet. Money becomes crooked, not easily stacked, difficult to trace and takes up a lot of space.
High stakes games will further complicate this. Just think about trying to play a $4,000/$8,000 hold-limit Holdem game on a few 100 dollar bills. It didn’t work. Chips make things easier for everyone.
This latest data point applies exclusively to casinos that use chips that have RFID capabilities. Most casinos don’t have full RFID on all of their chips yet, but the industry seems to be slowly becoming a trend that way. Casinos that use 100% RFID enabled chips can aggregate large amounts of data.
The RFID chip allows casinos to catch dealer errors, to catch players trying to insert additional chips onto the table after bets are closed, to track how the chips move around the casino and more. Casinos can use this data to streamline profits, track trends, and avoid losing money to criminals.
One day, casinos will be able to use RFID chips to identify how skilled certain players are. Casinos can then use that data to determine comps that are the same for each player. Or, they can figure out who the card counter is and advance them to play elsewhere.