[Meatmaw]

I played my first live NL tourney at the luxor and noticed that they simply round up when they color up chips. At home, we had been in the habit of distributing 'lottery tickets' for each chip you had such that the high cards got to round up and you could only get a max of 1 chip.

Is the method of rounding chips upward used mostly everywhere, or what is the usual approach?