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Casino staff normally allude to chips as "cheques," which is of French background. In reality, there is a distinction between a chip and a cheque. A cheque is a chip with a denomination printed on it and is constantly worth the amount of the imprinted denomination. Chips, although, do not have values printed on them and any color can be valued at any dollar value as defined by the dealer. For instance, in a poker tournament, the dealer might define white chips as $1 and blue chips as $10; while, in a game of roulette, the croupier might define white chips as $0.25 and blue chips as $2. A further instance, the inexpensive red, white, and blue plastic chips you buy at Target for your Friday-night poker get together are considered "chips" seeing as they don’t have denominations printed on them.

When you put your $$$$ down on the table and hear the dealer say, "Cheque change only," he is merely telling the boxman that a new gambler wants to exchange cash for chips (cheques), and that the $$$$$ on the table is not in play. Cash plays in almost all betting houses, so if you place a 5 dollar bill on the Pass Line just before the tosser throws the bones and the croupier doesn’t exchange your $$$$$$ for cheques, your cash is "part of the action." When the croupier announces, "Cheque change only," the boxman knows that your cash isn’t part of the action.

Technically, in live craps games, we wager with cheques, and not chips. Every now and then, a player will walk up to the the table, put down a $100 cheque, and inform the croupier, "Cheque change." It is fun to pretend to be a newbie and ask the dealer, "Hey, I’m new to this game, what’s a cheque?" Generally, their wacky answers will entertain you.

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