[LotsOfOuts69]

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but you do choose what chips you bet and hoarding of the lower denomination chips can be done to a certain extent.

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This is what I'm talking about, I think that they make a conscious decidion to try to keep as many lower denomination chips as possible.

Also, even at the beginning of the wsop main event, you had a $5000 chip, which you might need to change for lower denominations early in the tourny if you lose half your stack, usually you just ask the guy with alot of chips at your table to change you out, but I've heard of guys refusing to change in for higher denomination chips.