Origins of the $100 standard black chip valueĪccording to poker legend Doyle Brunson, the $100 black chip became standard in Vegas casinos back in the early days. But in high roller cash games and tournaments, black chips can be worth far more, even into the thousands. This standard makes tracking bets and pots easy in the most popular limit games like 1/2 and 1/3 No Limit Hold‘em.
In most low to mid stakes poker cash games, the black chip represents the highest common denomination, valued at $100.