Poker info II
October 2nd, 2008In poker tournaments, a situation is often encountered called the chip race. This is found mostly in games like the Texas hold ‘em, where the blind bet size grows progressively bigger and certain values of chips become redundant in play and are taken out of the game. This has the advantage of reducing the chip stack that a player has by eliminating not-to-be-used chips from gameplay and he can now manage his stock of chips piled before him, count it and make bets more easily.
When a chip race is taking place in a tournament game, all participants try to exchange the lower chips and get a higher value chip. So, if the blind bet value has risen and $5 chips are no more needed, then players try to convert maximum of their $5 chips in to 5-chip set and get a single $25 chip, in the process being left with only a few $5 chips that could not be converted as it was lesser than a multiple of five. The spare chips are collected and the table receives larger value chips of equivalent amount. If six players are in the table with a total of 20 numbers of $5 chips then four $25 are prepared. If the leftover chips cannot be converted to a big chip directly but the amount is more than half the value of a big chip, then an extra big chip is supplied. So, if there were 16 numbers of $5 chips, then there would be three $25 chips and five $5 chips still extra. However, if there are18 numbers of $5 chips then after providing three $25 chips, the rets chips add up to $15 which is more than half the value of the big chip. Consequently, the table will be given four $25 chips even though the total fell short.

