If you’re new to internet gambling you might find yourself a bit confused when you take your place at a table and are confronted with a rainbow of chip colors.  Chip colors are used to distinguish different monetary values.  You want to know them well before you throw down that $500 bet thinking it was a $50 chip!  Chip colors can vary, however, the values listed below are the generally used values at both live casinos and online casinos.

We’ll start low and work our way up.  Mustard yellow chips are worth fifty cents (though pink and blue may also be used).  White chips are generally worth $1 though blue or gray may be used as well.  Pink and blue chips are used as $2 and $2.50 chips.  Red chips will always be worth $5 while $10 may be purple or blue.  Yellow chips (different from mustard yellow) are worth $20 and are typically used only when playing Baccarat and Pai Gow.  Green chips are worth $25, black chips $100, purple chips are normally $500 and fire orange chips, which are typically oversized, are worth $1,000.  The two big boys, grey and brown chips, are both oversized with grey chips being worth $5,000 and brown chips worth $10,000.

Now, I know you’re thinking a grey chip can be worth $1 or $5,000!  Don’t you worry, if you happen to find yourself at a table that actually uses $5,000 chips, they will be grey and you will know their value.  Only very high end tables use the $5k and $10k chips, so they are typically never encountered on online casinos.  But again, you’ll know it when they are!