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Every tournament I've played in AC has just rounded instead of doing a real "chip race". But the biggest tourney I've played in was $800. Maybe they do it more legit in the major leagues. I've always done the "chip race" in my home tournament, just because it's fun.

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A lot of people that work in poker rooms prefer rounding up because it makes it easier for them to steal a portion of the prize pool.

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When chips are raced off the players can verify that the correct amount of money is in the prize pool (they can verify the number of players). Rounding up the chips allows the people working there to steal a portion of the prize pool without it being obvious.

If you play in a casino that rounds up they are either stealing from you or are unwilling to take the steps to make sure nobody is stealing from you.

Edit to add: or it could just be that they don't understand how to protect their players from thieves.