What is ‘In The Chips’?
‘In the chips’ is a poker phrase describing any player who is in profit. To be ‘in the chips’ might refer to having built a large stack of chips, or to scooping a large prize such as a jackpot or a contest prize. Poker players who have managed to gather all of their opponents’ chips are often said to be ‘in the chips’. The term is also applied more generally to mean ‘lucky’, or to describe someone who is having a profitable time at the tables.
In The Chips Explained
If a player is described as being ‘in the chips’, this means that they are winning. Chips are the tokens used at most casinos in place of currency, and a player who has a lot of chips is obviously doing well at their games. The term is often used generally to describe a player who is particularly lucky. Other terms for the same thing are ‘on a roll’ and ‘on a hot streak‘. To be ‘in the chips’ implies that the player is in active play, and has not yet cashed in their winnings – the currency equivalent is ‘in the money‘. Sometimes a player might borrow the phrase ‘in the chips’ to describe a large betting win, even though the payout is in cash, not in chips.
‘In the chips’ can refer to a big stack accumulated over time, and is common in games of poker where players have to work at gathering chips from their opponents.
However, the term also applies to large wins made with a single bet, or during a single round. Jackpot wins and tournament prizes can cause a player to be ‘in the chips’, and so can many side bets. Sometimes a player might say that ‘all their chips have come in’, which has a very similar meaning.