Chips used for poker are among the most iconic parts of gambling overall. One complete basic set of poker chips usually consists of red, white, blue, green, and black chips. In addition, other larger high stakes tournaments also use other chipsets with more colors. For the most popular types of games like Texas Hold ‘Em Poker, or any other that uses chips as currency, you simply have to know how much each color is worth. It is important to remember that no set rules are in place for the values and that these are rather are common standards at poker events. In this article, we will go over the usual ways poker chips are valued during games.
Basic Poker Chips
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White – $1
Next in the poker hands list is a straight, consisting of a run of five cards of consecutive values, such as 4-5-6-7-8. Aces count as high or low, so you can. Poker Hand Rankings. Play Poker » Poker Strategy » Hand Rankings. Article Summary: Learning the proper ranking of “poker hands” is a vital component in becoming a solid poker player. This article provides a full overview of what you need to know when starting out learning to play. If you are new to poker software you can initially ignore all statistics except the essential three poker statistics. Once you have understood how to use the basic statistics, you can add more depending on your style of play, and your chosen table size.
Pink – $2.50 (This is rare in poker, and it is sometimes used in black-jack)
Red – $5
Blue – $10
Green – $25
Black – $100
Full Poker Chips
White – $1
Yellow – $2 (Again, rarely used)
Red – $5
Blue – $10
Grey – $20 (Sometimes green)
Green – $25
Orange – $50
Black – $100
Pink – $250
Purple – $500
Yellow – $1000 (These are sometimes burgundy or gray)
Light Blue – $2000
Brown – $5000
Are You Hosting a Poker Event?
If you want to host a game of poker with a maximum of 10 players, the experts suggest you should have around 500 chips in three or four colors. If you plan to hold a much larger game with up to 30 people, an around 1,000 chips in four or five colors is what you will need. Regarding sets of chips for your own games, you should keep the number of different colors low and have the most chips of the lowest value. Then, you should have progressively smaller numbers of chips as they climb in value. One example of this is a 4:3:2:1 ratio for $1, $5, $10, and $25 chips. For 500 poker chips, totals of 200, 150, 100, and 50 chips in white, red, blue and green is the common practice.
Casino Chips
Casinos tend to have their own custom-designed chips that have monetary value and the name of the casino printed either printed or engraved on the sides. These are also often multi-colored, stylized, and have patterns. The color-coding in the casinos often follows the values listed above, but many casinos make up their own systems.
Atlanta casinos mostly follow the basic practice of white, pink, red, green, and black chips. They also add yellow chips for $20 and blue chips for $10.
Las Vegas casinos are arguably the most popular in the world, and they also follow the primary system. They too, however, add $20 chips. The Wynn casino also has brown $2 chips and peach $3 chips.
California has no legal laws for chip colors in California, but a common color coding method is as follows:
$1 is usually blue
$2 is green
$3 is red
$5 is yellow
$10 is brown
$20 is black
$25 is purple
$100 is white and sometimes larger
$500 is brown or gray and often larger
High-Value Chips
A chip that is worth more than $5,000 is rarely available at the public in casinos, because high-stakes games are mostly held privately. At these events, casinos sometimes use rectangular plaques that are around the same size as playing cards. Casinos that allow high-stakes gambling in public areas have plaques of $5,000, $10,000, $25,000, and even higher. Only Nevada and Atlantic City have these casinos.
This all will be unnecessary if you are going to an online casino because the chips are already counted for you. However, not all online casinos are user friendly, to say it like this. Some of them have the Gamstop tool that prevents players with gambling issues to approach the site. To avoid such sites, you can check the list of non Gamstop casinos at sites such as freespins.monster.
History
Most of the gambling games through history used some sort of cash marker for the currency. However, the first use of chips dates back at the early 1800s when the saloons and gaming houses in the Wild West started using engraved bones, ivory, or clay as chips. These were quite easy to copy however, so by the 1880s, several commercial companies manufactured customized clay chips for the use in saloons and gaming houses. They were carefully detailed and hard to forge.
In contemporary casinos, chips are custom and manufactured, still containing a percentage of clay. Some can also be ceramic. The weight, texture, design, and color are carefully observed and controlled, and some high-end casinos even have microchips in them, which means they are impossible to copy.
Which poker stats are most important?
Our poker HUD software offers a large amount of statistics. Knowing which ones are relevant and important can be overwhelming. If you are new to poker software you can initially ignore all statistics except the essential three poker statistics. Once you have understood how to use the basic statistics, you can add more depending on your style of play, and your chosen table size.
The big three poker statistics (and one bonus stat):
Texas Hold'em Rules Pdf
- Voluntarily Put $ in Pot (VPIP)
- Preflop Raise (PFR)
- Postflop Aggression Frequency (Agg)
- A bonus stat: Big blinds won/100 hands.
These three statistics are a great starting point to get an idea of a person’s playing style. They only require 25 hands or so to reliably give a good idea of a player's tendencies.
Poker Values Sheet
Voluntarily Put $ in Pot (VPIP)
VPIP in poker measures how often you voluntarily pay money into a hand before seeing the flop. Paying the big blind, the small blind, or the ante is not considered voluntary. Therefore this percentage indicates how often you called, bet, or raised. The lower this value, the tighter your hand selection is. The higher, the looser. Only preflop betting is taken into account.
Good players know to only invest money in the pot when they have decent starting hands. A simple way to measure whether you are doing this is to keep your VPIP at a sensible value.
What is a good number for VPIP?
Simple answer: between 15% and 20%. This assumes you want to play tightly, you are playing micro-stakes, and you are playing on full ring cash tables.
Now the more complicated answer: it depends a lot. If you are still learning to play good poker, then you should be very selective in which hands you play, so your VPIP might acceptably be a tad lower than 15%. The less people on the table, the more hands you can play. If you are on a table full of ultralight players, you can also loosen up. An experienced player who understands the subtleties of the game can get away with a VPIP between 20% and 27%. In 6-max or heads-up, most players have a much higher VPIP. In Pot Limit Omaha, VPIP values will be even higher.
Preflop Raise (PFR)
The PFR statistic indicates how often you have raised before the flop is seen. A high value is an indicator of an aggressive player. A low value indicates a passive player. Good players are aggressive players.
Your PFR has a possible range between a minumum of 0% and a maximum equal to the value of your VPIP. That is, if your VPIP is 20%, then your PFR can’t be higher than 20%. Ideally it should be a little lower than your VPIP, but not much lower.
Poor players and beginners play timidly. They call too often preflop. Good players frequently fold or raise preflop, especially if no other players have yet raised. If you are not prepared to raise, then you should consider folding. Calling preflop just in case the flop is good for you is not a winning poker strategy.
What is a good PFR range?
Between 2% and 3% lower than VPIP. If your VPIP is 15%, PFR should be about 12%. These two numbers in combination indicate that you are only playing quality hole cards, and you are predominantly raising with them pre-flop. In other words, you are playing how most poker books and poker forums say you should play.
Postflop Aggression Frequency (Agg)
Agg indicates how aggressively you play postflop. The higher this number, the more aggressively you are playing. This must be interpreted in combination with VPIP. Players who see very few flops will naturally tend to have a higher aggression percentage because they are only playing top-quality hole cards.
Poor players play passively postflop. They’ll check or call too often. Good players know to play good hands aggressively postflop:
Real Money Texas Holdem Sites
- because players with speculative hands are forced to fold before they get free cards
- because if they hit the flop or have a dominating hand, a bet or raise will increase their return
What is a good Agg range?
50% to 60% is ideal, assuming that you have a VPIP of 15% to 20%. Much higher, and you are probably overplaying speculative hands and bad hands, and bluffing too much. Much lower and you are not playing your good hands strongly postflop.
Leave the bluffing for the movies and for live play. At low stakes online play, bluffing is much less important than a good understanding of the probabilities of winning hands.
Big blinds won/100 hands
The three stats I've presented so far mean nothing if you can't keep your win rate positive. A nice way to 'normalize' your win rate across different stake levels, table sizes, and opponents is to measure how much you won in terms of the big blind. If you are playing at a table where the big blind is $0.50, and you won $20, then think of this as winning 40 big blinds.
If this number is not positive, then you are losing money. The best remedy is to drop to a lower stake level, where the opponents are weaker. If, according to this stat, you consistently win over time, then you should consider going up to a higher stake level.
Adjusting your play based on the villain's poker stats
This is where our poker HUD software gets really useful: analyzing and exploiting opponent weaknesses. Let's consider some hypothetical players:
Tight Tim has VPIP of 5%, PFR of 5%, and Agg of 100%
With such a low VPIP, we can guess that this player folds anything except the very best hands. And with a PFR equal to VPIP, when he gets premium hands, he raises. So if this player raises, and you are next to act, you know that you should fold every hand except the best few hands, such as AA, KK, QQ. You can be almost certain that if you go to the flop, he'll raise postflop. So play tighter than usual with this player. But when you do get a premium hand, and he comes along, you can be sure that player B will put plenty of chips into the pot. Your pot, hopefully.
Passive Pete has VPIP of 20%, PFR of 16%, and Agg of 10%.
Poker Values Of Hands
This player seems take have a good handle on preflop play. But when he gets to the flop, he gets timid. He is probably going to give you a chance postflop to see the turn and river for free. If you go to the flop with him and raise, there is a good chance he'll fold. So you can play a bit more aggressively both preflop and postflop.
Eddie the Eagle has VPIP of 22%, PFR of 19%, and Agg of 55%.
Eddie has a good all-round balance between preflop and postflop play. Preflop, he plays tight and aggressively. Postflop, he balances between pushing hard with his good hands, and being willing to fold or check with his weaker hands. Eddie would be well-served to move on to understanding more advanced poker statistics.
Tracking your poker stats
Poker players use poker software like Poker Copilot to automatically record their hands. Each hand is broken down into many statistics, which are then aggregated into simple percentages.
Poker Statistics Guide
What’s next after you’ve understood the basic poker stats? Read our Poker Statistics Guide for a comprehensive explanation of understanding and using all the main poker statistics.