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In case you are a religious poker chip collector, then you must learn to identify the authentic poker casino chips. If you do not have the knowledge of identifying poker chips, you might be losing thousands or even more dollars. I will give you basic information about these poker chips:

1. The way to identify the authentic poker casino chips is to understand and know as much as possible about the poker chips and the casinos that you are interested in. Whilst, it is a fact that most of the large companies have ownership on those casinos. Therefore, each casino has a bundle of chips that are unique and specific from the others. The reason is the funding of each of the casinos that back each of these chips which are a part of their casino. So, this is the main reason why the casinos dishonor chips issued at some other casinos. Though, there are some exceptions to the rule. Some casinos of Las Vegas and Nevada are generally an exception to this rule.
2. It is very important to recognize the authentic poker casino chips. These chips are made in such a manner that the security features are actually incorporated in the real chips. If you find some artwork integrated in these chips, then they become the highest Quality chips. Also, there are different color combinations in the edge of these chips. They are also called as the edge spots. With the intention of identifying whether the casino poker chips as authentic or genuine to that particular poker casino, it is very essential to have the knowledge of the edge spots and the artwork imbibed in the poker chips.
3. In the learning process regarding the poker casino chips that are very unique to a particular poker casino, you need to understand whether the UV marks are there or not. There is typical visibility in the inlay of these chips. Many poker casino chips that you manage to collect must be used in the conjunction with RFID (Radio Frequency IDENTIFICATION) technology. The casinos have machines that place tags common to the technology into poker chips for security reasons so as to ensure the authenticity of the casino chips. If you wish to find whether you’re dealing with an authentic chip or not, you can attempt and find out whether the RFID tag is present or not. In case if it is present, there are special equipments for identifying the same.
4. Casinos release limited edition and special theme poker chips on several occasions. If you’re a diehard fan and a collector of chips, then you must ensure in the best interest that you are aware of these releases. With this you will be in a position to analyze your chips and understand their authenticity.
5. Also see this comment from Kendal for more ways to identify fake Casino chips.

I am sure that you are going to be careful in identifying the casino poker chips and also make sure about the important signs in the chips like the artwork, stamp, UV marks, RFID and the edge marks.

Updated on 2018-07-04

The thief who stole $1.5 million in casino chips from the Bellagio has been given a deadline to try to redeem the $25,000 denomination ones he took from a craps table on December 14th. MGM Resorts International, which owns the Bellagio, gave public notice that it will be discontinuing the large denomination chip and called for all gamblers to cash them in by April 22nd.

MGM Resorts first posted notice of the redemption last week in the classifieds of the Las Vegas Review-Journal newspaper. The ad came one week after a man wearing a black jumpsuit and full-faced motorcycle helmet walked into the Bellagio, pulled a gun on a croupier, and escaped with around $1.5 million in chips ranging from $100 to $25,000. The incident took less than three minutes and the robber fled the casino on his motorcycle that he left parked outside the valet. He remains at large.

Las Vegas police and casino officials have been working diligently to find the robber, reviewing surveillance videos and camera images to get an idea of who carried out the heist. Investigators have also been keeping an eye on any unusual chip redemptions since the robbery took place.

052515 Poker Chips

“Obviously, anyone walking with one of the old series (chips) is going to be subject to a certain amount of questioning as to how they obtained them – assuming it isn’t someone we know,” MGM Resorts spokesman Alan Feldman told the Associated Press. “It’s pretty unusual for someone we don’t know to come strolling up with a handful of $25,000 chips.”

Feldman also told the Associated Press that the chips were switched out at the tables within an hour of the robbery and the Bellagio immediately filed to discontinue them. The $25,000 chip, which is red with a gray inlay, will be worthless after the April 22nd deadline. The question then becomes whether it will be replaced with a new chip of the same denomination or if the casino will produce a new chip of a different denomination.

By law, a casino must give public notice that it is discontinuing specific chips to allow gamblers enough time to redeem them – in this case four months. The deadline could have a major effect on high-stakes poker players who leave large denomination chips at the Bellagio to use as a bankroll. Although the Nevada Gaming Control Board has stated that poker chips aren’t money, many poker players treat chips as currency when trading for other casino chips or paying off debts. It’s assumed that several $25,000 chips are currently being stored in the lock boxes of poker players at the Bellagio, which houses the famous “Big Game” in Bobby’s Room.

Poker Chip Guide

While it’s unknown exactly how many $25,000 denomination chips were stolen on December 14th, the redemption notice tactic could be very effective once the regular high-stakes gamblers begin cashing them in. If the casino spots a person who wouldn’t normally be in possession of the chip, it will raise a red flag.

052515 $25 000 Poker Chip

“If they have people that they know are players redeem the ones that they know they have, pretty much it’s process of elimination. You’re left with people who aren’t supposed to have the chips,” said David Schwartz, a former casino security guard and Director of the Center for Gaming Research at the University of Nevada, Las Vegas.

Harvite Poker Chips

Authorities are suggesting that the same man from the Bellagio robbery may have been behind an earlier theft on December 9th at the Suncoast Hotel and Casino in Las Vegas. In that heist, the robber managed to take around $20,000 in cash from a poker room cashier.

Stay tuned to Poker News Daily as more information on this story unfolds.