Musing gently and wondering why... |
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Posted Wed Mar 16, 2005 5:33 pm GMT by Wooderson
...most of us use a $1000 chip.
Here's my thinking: typically chip denominations go up by 4x or 5x of the next denom. lower. So why do we go from $500 to $1000? Shouldn't denominations go:
$.05
$.25
$1
$5
$25
$100
$500
$2,500 (or $2000)
$10,000
$50,000
...etc? I get the simplicity of a $1,000, the idea of color-up, the idea of using a new base-10, but i've also got an infectious thought with the above chain of denominations.
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Posted Wed Mar 16, 2005 5:35 pm GMT by TenPercenter
| Wooderson wrote: | ...most of us use a $1000 chip.
Here's my thinking: typically chip denominations go up by 4x or 5x of the next denom. lower. So why do we go from $500 to $1000? Shouldn't denominations go:
$.05
$.25
$1
$5
$25
$100
$500
$2,500 (or $2000)
$10,000
$50,000
...etc? I get the simplicity of a $1,000, the idea of color-up, the idea of using a new base-10, but i've also got an infectious thought with the above chain of denominations. |
Yes, you are fully correct, logically. But It's hard for some people to do math with 2,500 as a base. I know, 25 is a the same base, but it's really hard to think that way.
Plus, not casinos I know of use $2,500 chips.
Ten
Posted Wed Mar 16, 2005 5:37 pm GMT by MeridianFC
In the casino world $1K is not the continuation of the series most of use refer to for home use, it's the base chip for a new series ($1K, $5K, etc).
Posted Wed Mar 16, 2005 6:05 pm GMT by Wooderson
| MeridianFC wrote: | | In the casino world $1K is not the continuation of the series most of use refer to for home use, it's the base chip for a new series ($1K, $5K, etc). |
That was my thought. A new base for a completely different level of gaming. Now if I can only figure out why Teddy KGB preferred regular Oreos over the double-stuff.
Posted Wed Mar 16, 2005 6:09 pm GMT by R Deckard
| MeridianFC wrote: | | In the casino world $1K is not the continuation of the series most of use refer to for home use, it's the base chip for a new series ($1K, $5K, etc). |
Sounds about right for the line dividing the hoi polloi from the real high rollers, i.e. the folks for which $1000 is the same as $1 is to an average person.
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