Learn to Wager on Craps – Hints and Strategies: Chips Or Cheques?
Casino workers usually refer to chips as "cheques," which has its origins in France. Technically, there’s a difference between a chip and a cheque. A cheque is just a chip with a value printed on it and is always worth the amount of the printed denomination. Chips, however, do not have values imprinted on them and any color can be worth any amount as determined by the croupier. For example, at a poker table, the casino may define white chips as one dollar and blue chips as ten dollars; whereas, at a roulette game, the casino might value white chips as twenty-five cents and blue chips as two dollars. Another example, the cheap red, white, and blue poker chips you buy at the department store for your Friday-night poker game are called "chips" because they don’t have denominations written on them.
When you plop your cash down and hear the dealer say, "Cheque change only," he’s basically telling the boxman that a new competitor wish to exchange cash for chips, and that the cash on the table isn’t in play. Money 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 dealer doesn’t change your cash for chips, your cash is "live" and "in play."
Technically, in actual craps games, we wager with with cheques, not chips. Every now and then, an individual will approach the table, put down a $100 cheque, and tell the croupier, "Cheque change." It is a blast to act like a newbie and ask the dealer, "Hey, I’m a brand-new to this game, what is a cheque?" Most of the time, their wacky responses will amuse you.
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