1. Roulette Color Chip Values
Roulette

Hitting the tables in Las Vegas isn’t as popular as it used to be. The downturn in gambling over the past 30 years or so has led to fewer gamblers. This has, in turn, led to even fewer people that know the lingo thrown around the casino by people who have been gambling in a casino since they turned 21.

The system is simply start by betting one chip. If you lose, increase your bet size by one chip. If you win, decrease your bet size by one chip. So it’s a very basic progression but is very easy to apply. When I first started out at roulette, I almost always used a simple system such as this to pay for dinner. Masters Traditional Games 500 Roulette Chip Tray, 8g Chips in 10 Colors. Other option New from $101.99. DA VINCI 16-Inch Roulette.

I’ve been gambling since grade school and learned my way around the casino the week of my 21st birthday. Not everyone is like me, though. Not everyone gambles (GASP!). Since moving to Las Vegas I’ve met a good number of people who visit casinos frequently and have never gambled. They’ve never rolled the bones, looked at a card or even put money into a machine (GASP again!). Different strokes for different folks.

There was a time where everyone in a casino could identify the kind of player someone was at the tables simply by the color of the chips they played. Every week I meet more people that visit casinos who don’t know the difference between a red chipper, green chipper or black chipper. There are more people than ever who don’t know what the individual chip colors are or mean.

In an effort to educate our non-gambling friends here’s a look at the chips you’ll find at most tables in a casino. I’ll explain how much they’re worth and how most people use them.

  • $1 – White or Blue Chips – Fun fact: $1 chips used to be coins and often called “bullets.” Today these chips are usually white but are offered in a variety of colors since white chips get dirty quickly. These are mostly used to tip cocktail waitresses, place appropriate odds in craps or for side bets.
  • $5 – Red Chips – These chips are used mostly for table games with minimum wagers below $25. Red chips are sometimes used as a tip for people playing $25 or more per hand. Pro boozing tip: If you’re normally a $1 per drink tipper, use a red chip on the first round to get faster service from the cocktail waitress. This person is often known as a red chipper.
  • $25 – Green Chips – You’ll usually see these in play for hands $25 – $200. When the hand is above $200 (8 green chips) you’ll often see $100 chips played instead. This person is often known as green chipper regardless of the amount per wager.
  • $100 – Black Chips – Most people in the casino will see a person playing black chips as a high roller. They’re often known as a black chipper. These chips are played similar to green chips.
  • $500 – Purple Chips – The goal for most gamblers who play lower denominations is to win so much that they have to cash in their red, green and black chips for a purple (or purplish) chip.
  • $1,000 – Orange or Yellow Chips – So pretty. Most gamblers dream of the day they’re paid with this chip. I’ve cashed out with this chip a few times. Multiple purples are more fun to cash out.

You should note that in addition to these chips that roulette tables use their own chip/chip colors for each player. Poker rooms may also use different chips. The information above is good for most table games in the casino.

Photo (not real casino chips, but close enough): ebay

Values

In the game of Roulette, there is a layout with 38 single numbers (1 thru 36, 0 and 00) which correspond to a Roulette Wheel having identical numbers as the layout. In Roulette you can place 11 types of wagers, each one having different payouts. As a general rule, your wager is reflected by where you place your chip and what it touches on the layout. Use the Pay Schedule as your guide.

THE PLAY OF THE GAME

The Dealer spins the Roulette Wheel in one direction and a small ball in the opposite direction. Bets may be placed until the Dealer announces “No More Bets.” When the ball comes to rest in one of the pockets of the Roulette Wheel, the Dealer will announce the winning number and Place a marker on the winning number.

First the table is cleared of losing wagers and then all the winners are paid. Please do not remove winning wagers or place new bets until all winners have been paid and the Dealer announces “Place Your Bets.”

In order to keep each player’s wagers separate from the others, the dealer assigns a color chip unique to each player.

You determine the value of your color chips when purchasing stack(s) of chips. There are 20 chips per stack, and the value of a color is indicated by a numerical button placed on your color (20 indicates $20 per stack). Your “color” chips are redeemed before you leave that particular Roulette table.

The following is a list of various Roulette wagers, where they are located on the layout and the pay schedule for each.

Roulette Color Chip Values

    1. Straight Up - Placing your chip on one number out of the 38 numbers on the wheel. Pays 35 to 1.
    2. Two Numbers (Split) - placing your chip so that it touches two numbers on the layout. Pays 17 to 1.
    3. Three Numbers (Street) - Placing your chip so that it aligns with a row of three numbers. Pays 11 to 1.
    4. Four Numbers (Corner) - Placing your chip so that it touches four numbers on the layout. Pays 8 to 1.
    5. Five Numbers (Top Line) - Placing your wager as shown above so that it pays on 0,00,1,2, & 3. Pays 6 to 1.
    6. Six Numbers (Line) - Placing your wager as shown above so that it pays on two rows. Pays 5 to 1.
    7. Column (Line) - Placing your chip so that it aligns with any column of vertical numbers. Pays 2 to 1.
    8. Any 12 - Selecting between 1st 12 numbers, 2nd 12 numbers, and 3rd 12 numbers on the wheel (1-12, 13-24, 25-36). Pays 2 to 1.
    9. Red or Black - Selecting between red or black numbers on the wheel. Pays 1 to 1.
    10. Odd or Even - Selecting between odd or even numbers on the wheel. Pays 1 to 1.
    11. 1st or 2nd 18 numbers on the wheel (1-18 or 19-36) Pays 1 to 1.
    12. The maximum even money wager is $2,000. The maximum 2-1 wager is $1,000. No partnership may exceed the table maximum.