Managing Your Chips in Blackjack By Dan Roberts II At Isnare.com Ezine Articles

Once you have selected a blackjack table to play in, you need to exchange your cash money for playing chips which are color coded according to what value they have. (When you have won, you can exchange the chips you won for actual money afterwards.) Try to just exchange the amount of money you feel comfortable betting with (which is also useful for staying within a comfortable budget – so that you have enough money to hail a taxi cab home with if you should happen to be on a losing streak this night.)

Remember that no dealer in a legitimate casino is authorized to accept cash money from you (or any player for that matter.) You may have to wait until the dealer starts shuffling the deck or decks to be used for play before you can join in a game, or wait until a seat at a crowded table becomes free. Since even the best and largest casinos get crowded on any given night, you may have to arrive early to get a good seat at an appropriate table.

Some casinos make you head for a counter where you can exchange your cash for chips (or chips for cash.) But at other casinos, the dealer at the blackjack table himself is permitted to exchange your cash for chips right there. But you are not permitted to give the cash outright to the dealer – usually, you must place your cash on the felt surface of the table so the dealer will reach for it then count out your chips based on the equivalent value. You cannot get change for your cash, because the dealer will only drop in the cash money into a slot in the table itself. If you are betting $5 per bet, you may find the buy-in to be at least $50 to $100 (or the equivalent of multiples of 10 or 20 times what you bet.)

You may eventually become familiar with how gambling chips are color coded, as you use them through time. The $1 chips may either be pure white or silver, $5 chips are color red, $25 chips are colored green, and the $100 chips are colored black (as is usually practiced in US casinos.) If the casino still uses the $2.50 chip, it may be colored pink. There could also be $500 chips which might be colored purple. Be sure that you check your chips if you received the right color and value for the cash you submitted for exchange. If you have been winning a lot and have accumulated quite a lot of chips, ask if the casino has a pouch or tray on which you can place your chips so that you can bring them to the counter for exchange, or simply ask the dealer what casino policy is on claiming your winnings. The dealer may want to get your smaller-denomination chips to exchange for larger value chips before you bring them for exchange to the cashier window. It is unlikely that the dealer will be allowed to give you your winnings in cash at the table itself, for security reasons.

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