Poker Dictionary
Monday, September 16, 2024
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Live Chips

  1. Noun

    Chips representing actual cash that a player is risking and may cash out; as opposed to house chips or tournament chips.

    EXAMPLE: "I prefer to play in tournaments rather than ring games. I like the tournaments because you know in advance how much money you can lose, and with live chips I'm often tempted to buy in again when I've gotten down to the felt."

    APPLIES TO: Online and Land-based Venues



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