A coin-shaped token used to represent money or points for betting purposes.
ADDITIONAL INFORMATION: Chips are typically made from clay or plastic, and can be purchased from a number of different manufacturers in a range of weights, colors, and decorative styles. Typically, each different color of chip is assigned a different monetary or point value.
EXAMPLE: "I was down to my last few chips and decided to go all-in."
APPLIES TO: Online and Land-based Venues