What are Casino Checks?
Casino checks are the chips issued by the house which have a set value, as opposed to the colored chips issued to represent the different players at the table and assigned a value by each player. Casino checks have a set value and are often printed with the logo of the issuing casino. Some players will use checks and ‘chips’ interchangeably, while others make the distinction between the two kinds of tokens. The name comes from the idea of a credit ‘check’ (‘cheque’), which is a written promise to pay exchanged for services or goods.
Casino Checks Explained
When players bet at the casino, they often use ‘checks’ or ‘chips’ instead of cash. These are round tokens, usually made from hard plastic, which have different colors and which might be printed with a value and/or the casino’s logo. Players ‘buy‘ the chips from the house, use them to make their bets, and at the end of the game they cash in any remaining chips for cash. These token are used for betting because their standard size and shape makes it far easier for casino staff to handle, count and sort them. It also makes the games more secure; casino chips have no value outside the casino, and players are expected to cash in remaining chips before leaving the table or the establishment.
Often, ‘checks’ describes any casino chip. However, checks are a specific kind of chip, which have set value and which are issued as casino currency. Some games, such as roulette, issue chips without value which represent the table’s minimum value, or which players can assign their own value. Checks are different as the value is fixed – a 50-dollar check is worth $50. Bets which win are paid in multiples of the check value, though players can opt to trade lower value chips for higher ones if their stack has grown.