Keeping Chips from Casinos

I've got a pretty nice collection. When my friends go on vacation they all bring back 10 $1.00 chips. Curently my collection looks like this:
Harrah's New Orleans
The Palms
Bike
Resorts East Chicago
Niagra Falls
Foxwoods

Ritchie Z

[CrazyEyez]

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I have one $1 chip from the Luxor. I liked the Egyptian stuff on it. Its differen than the chips I'm used to seeing so I kept it.
FishNChips

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Me too! The luxor $1 chips look great.

I also have all four versions of the metal $1 chips they used to use at Binions Horseshoe. I love em...one even has a picture of Benny.

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They have new chips. Chipcos are gone.

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BOOOO
Why did they do this? I wish I had got one when I was there in august.

[ChipWrecked]

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I'm curious. If you use a chip from another casino as a chip protector, does that chip play? I considered doing this if I ever did start a collection, but I don't wanna lose them in a pot if I do lol.

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Not at my local place, but the dealers always like to check out what casino it's from.

I keep one $1 chip from every place I go.

[Oblivious]

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casinos actually want you to take their chips and they make a lot of money from people collecting them. The chip costs less than $1 for them to make, so every time some buys 1 for a dollar and leaves with it them make money.

Sort of like the federal government printing those novelty quarters from each state. The government makes a boatload of money because of people collecting them and taking them out of circulation.

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This is correct. Its also why many casinos issue collectable limited edition chips (i.e. Mirage, MGM, Stardust). They want you to take them home.

Examples here: http://www.oldvegaschips.com/newchips.htm

I do this.

[Recliner]

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casinos actually want you to take their chips and they make a lot of money from people collecting them. The chip costs less than $1 for them to make, so every time some buys 1 for a dollar and leaves with it them make money.

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Correct me if I'm wrong, but don't NJ casinos have to keep the cash on hand to pay off any chip they've ever issued?

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I believe so. My thought was then when they replace their chip designs they are no longer responsible for exchanging the older chips.

[ThinkQuick]

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I'm curious. If you use a chip from another casino as a chip protector, does that chip play? I considered doing this if I ever did start a collection, but I don't wanna lose them in a pot if I do lol.

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The obvious answer is no, but it actually does depend.

If I was playing a NL game at the Wynn and I was using a yellow ($1k) bellagio chip to protect my cards, I actually believe it would play. In vegas, casino chips (at least the high denomination ones) are pretty much interchangeable (I can cash Bellagio chips at Wynn and vice versa), at least by the chips runners. I would check if this holds true for chips you just have sitting on teh table, but I believe it would.

If it's a chip from another city, I doubt it would play, but make sure people realize it's not a real chip from that casino if the colors are similiar.

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I had two $100 ceasar's chips on the table at flamingo (not intended to be in play) and the dealer actually made a fuss about how they certainly aren't in play and may actually confuse other people.

Its interesting that you say high denomination chips are interchangable.
quarters and less seem to be as well, but when I tried to change my 100s at aladdin, I was told that they won't take anything black or higher.

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casinos actually want you to take their chips and they make a lot of money from people collecting them. The chip costs less than $1 for them to make, so every time some buys 1 for a dollar and leaves with it them make money.

Sort of like the federal government printing those novelty quarters from each state. The government makes a boatload of money because of people collecting them and taking them out of circulation.

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This is correct. Its also why many casinos issue collectable limited edition chips (i.e. Mirage, MGM, Stardust). They want you to take them home.

Examples here: http://www.oldvegaschips.com/newchips.htm

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The casino that has been most successful at getting customers to take chips home with them has been the Palms as of late. Using sex to sell chips =/ A lot of people take their $5, $25, and sometimes even $100 chips home with them. This is great for business. I got my hands on a georgeous playboy $100 chip from Palms, but I cashed it in anyway [img]/images/graemlins/smile.gif[/img]

[MicroBob]

Chipr777 who posts in this forum (works as dealer/floor at Horseshoe-Tunica) says he has a collection of chips from various casinos....Something like 3k or 4k chips from different casinos or something like that I think.

Not sure though...maybe it was only 1k.

I have a lowest domination (usually $1) chip from everywhere I have played. I agree with the others that it is a great memento. I have them displayed in a case on my "I Love Me" wall at home. I travel a bit so I have a lot of chips from overseas casinos as well: Egypt, Kenya, Bulgaria, Poland (no poker at any of these though!). I never tried to hide that I was taking one but I wasn't obvious about it either. I've used a 50 Schilling chip (about $.50) from Kenya as a card protector before. It was a great conversation piece because it looked like no chip I had ever seen before and couldn't be confused with any chips that were in play. I stopped using it though because it was drawing too much attention. Any other exotic chips out there?