Values assigned to chips are generally the same across most poker rooms: $1, $5, $10, $20 or $25, $100, $500, and $1,000. One of the first questions a player should ask at a new venue is: “How much are poker chips worth?” Poker chip values The values may vary by tournament operator, casino owner, or local poker community standards. Standard poker chip values and colorsĮvery casino, cardroom, and home game host can establish their own poker chip values. They represent dollar amounts during play, and provide a way to play poker with a shared understanding of those amounts. Players use them in cash games and tournaments, home games, and casino or cardroom events.
