Coloring up chips in tournaments

[xile]

How does the coloring up of chips work in tournaments. Im still kind of new to B+M, and I dont want to ask cause I feel like a noob. Dont you get like 1 card for every chip they are coloring up? How does it work out, on who gets the chips.

[that_pope]

When they color up chips, you get as many of the smallest denomination chips possible with your stack, and then any odd chips left get 'raced off'. So say they are coloring off the green T$25 chips, and you have 9 of them. You get two black T$100 chips, plus 1 chip for the race off.

All the other odd chips are placed in front of people, and each player recieves as many cards as he has odd chips. In this case, each player gets between 0 and 3 cards, and the total amount of chips is rounded up to the nearest next chip. So if there are 10 odd chips over 5 people, then three T$100 chips will be awarded.

Each player may only recieve one chip. The chips are awarded by high card until no chips are left. Hope this makes sense.

Edit: Also, a player may not be eliminated from a tournament due to racing off chips. So in this case, if a player has only either 1, 2 or 3 green chips left, he is automatically awarded a black chip.

[rubixxcube]

Most places do it as mentioned above however i have played at a few places that do it the following way as well:

2 or more odd chips get you another chip 1 odd chip you lose.

Example

$350-375 in greens gets you $400 in black.
$325 in greens gets you $300 in black.

[NickMPK]

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.

[RR]

[ QUOTE ]

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.

[Cornell Fiji]

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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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[img]/images/graemlins/confused.gif[/img] ?

[RR]

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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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[img]/images/graemlins/confused.gif[/img] ?

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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.

[Cornell Fiji]

RR,

I still don't get it.

I have played in tournaments in Vegas, Turning Stone, and Niagra. In every tournament, after registration was closed, the payouts were published on one of the TVs in the room.

I don't understand how the number of chips in play has anything to do with the amount of dollars in the prizepool.

[bav]

[ QUOTE ]
I have played in tournaments in Vegas, Turning Stone, and Niagra. In every tournament, after registration was closed, the payouts were published on one of the TVs in the room.

I don't understand how the number of chips in play has anything to do with the amount of dollars in the prizepool.

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I'll take a stab...

So 100 people buy in and they start the tourney with 10 tables. Over the course of the first hour, folks bust out, and more buy in (alternates, or in the rare tourney where they allow you to buy back in as if you were a new player). At the end of the hour, you have 98 players, but there have been somewhere between 1 and 40 folks buying in that first hour. How much money should be in the prize pool?

The answer can be derived from the chip count. Add up the chips. Divide by the starting chip stacks. That's how many players bought in. Multiply by how much went into the prize pool from each player. That better total up right. If the chips say 130 people entered but the prize pool says 128 people entered, someone pocketed 2 buyins.

But if they just willy-nilly add chips to the tables at various points, if the chip count says 130 people entered but the chip stacks say 128 people entered, the tourney staff can just point at the color-ups and say "musta happened there".

[NickMPK]

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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.

[/ QUOTE ]

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.

[/ QUOTE ]

[img]/images/graemlins/confused.gif[/img] ?

[/ QUOTE ]

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.


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This seems seriously unlikely to me in a casino environment as tightly regulated as Atlantic City. It wouldn't be that hard to figure out eventually...rounding up odds low-denomination chips doesn't add that many total chips. Why would a casino risks its gaming license for a couple extra hundred dollars?