HOW TO IDENTIFY REAL AND FAKE CASINO CHIPS
With the way the world operates, some people are out to steal from others; virtually every item or business has a counterfeit especially those that operate online; so as not to fall victim of fraud when gambling, this article will show you how to identify real and fake casino ships.
Formerly, each casino used specific colors to differentiate the values of each of their chips; however, that method of identification has fallen short of standards over the years. White or blue chips are $1, red chips also called nickels are $5, green chips called quarters are $25, black chips are $100, purple chips, sometimes called Barneys, are worth $500 with orange chips, called pumpkins are worth $1,000. These colors and values are somewhat general; however, casinos use different designers, so even though all casinos might have green $25 chips, the exact shade is distinct and can be hard for counterfeit casino chip makers to match. The colors do not only show values and deter fakers, they are often used on signs for the table games to denote table limits; red sign indicates a $5 minimum wager compared to a green sign with a $25 minimum bet.
HOW CASINOS STOP COUNTERFEIT CHIPS
It is pretty difficult to make a counterfeit of any casino chip this is because each chip has a specific weight, color and design, and they are marked with special ink that is only visible under UV rays. In addition, chips worth a high value are specifically tracked by casinos using tracking devices such as RFID tags embedded in the chips; therefore, if there were counterfeit chips, they would those worth $25 or less. Embedding tracking devices on the chips is one sure way casinos prevent the circulation of fake chips, and it is also useful if someone tries to steal chips.
Aside acting as security measures, these chips help the casino keep track of activity at the various table games, watching how much each table is making or losing and ensure that dealers are handling transactions correctly. With this in place, it is almost impossible to pass off a fake poker chip to the dealer in the hopes of the chip getting mixed into the pot.
Casinos also have stringent surveillance throughout the casino floors; they can literally track every player who cashed in large sums of money, follow their chips and ensure that they are cashing out the right amount. Anyone who walks into a casino with counterfeit casino chips will instantly be caught by security.
PENALTY FOR ANYONE CAUGHT IN THE ACT
Passing counterfeit chips for real ones still occur despite stringent measures against it; there are still people who try to pass fake casino chips off as real. Anyone who is caught is charged with felony burglary and manufacturing and possessing a cheating device. A good example is the story of Leonard Martin Stone who was caught passing fake casino chips for real ones. Being caught in the act leads to paying of huge fines and penalties of up to six years in prison per count.