Brooks Poker Guide | Win Big at the Crown Aussie Millions

Collecting Poker Chips

Poker Chip Guide to Vintage Ivory Chips and Rare Poker Chips!!

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Casino tokens (also known as chips, checks or cheques) are small discs used in lieu of currency in casinos. Colored metal or compression molded clay tokens of various denominations are used primarily in table games, as opposed to metal token coins, used primarily in slot machines.

Some casinos also use gaming plaques for high stakes table games ($25,000 and above). Plaques differ from chips in that they are larger, usually rectangular in shape and contain serial numbers.

Tokens are employed for several reasons. They are more convenient to use than currency, and also make theft and counterfeiting more difficult. Because of the uniform size and regularity of stacks of chips, they are easier to count in stacks compared to paper currency when used on a table. This attribute also enables the pit boss or security to quickly verify the amount being paid, reducing the chance that a dealer might incorrectly pay a customer. The uniform weight of the casino's official tokens allows them to weigh large stacks or piles of chips rather than counting them (though counting aids such as chip trays are far more common) Furthermore, it is observed that consumers gamble more freely with replacement currencies than with cash.

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The Australian Poker Championship, commonly known as Aussie Millions, is a series of poker tournaments held at the Crown Casino, in Melbourne, Australia. The Main Event of the series is the Southern Hemisphere's richest poker tournament with a prize pool in excess of AU$7 million.

The structure of the Main Event is slightly different than that of most other major tournaments. While most major Hold 'em tournaments, including the World Series of Poker Main Event, play at nine-handed tables throughout, the Aussie Millions Main Event begins with eight-handed tables. Play continues eight-handed until the field is reduced to 36 players, at which point all tables are six-handed.

The Aussie Millions also features what is billed as the world's most expensive buy in for any poker tournament, the $100,000 No Limit Holdem Challenge (actual buy in is $100,500, including the $500 entry fee).

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