The Background to Today’s Poker Chips

History of Poker Payments

Gambling has been around for a long time; in fact, the first legalized casino we know of was in Venice in 1626. But how much do we know about the history of casinos and gambling? When and why did Poker chips become a method of payment? In this article, we'll study poker chips' origins.

Poker and gambling games, after their creation, have used other means of payment than money very quickly. Back then, valuables were worth more than money. Thus, people often bet with them. Instead of cash, you'd offer the casino a gold or diamond necklace, a nice watch, or any silver or gold you own.

You could place this in the pot and make bets the same way you do now, and if your hand wins, and you get your valuable possession back along with whatever everyone else had thrown in as their bets. This system, while it worked for years, became problematic.

People were getting very reckless with the bets that they were making. They were selling their rings, their irreplaceable heirlooms, and other things that had sentimental value. This would be fine if their reckless behavior had only affected them or those who owned those valuables, but it brought conflict into the casinos.

Conflict is one of the reasons why a lot of casinos were still illegal back then. Fights, thieving, and robbing were expected, thus casinos needed a solution. In the 1800s, Poker chips were established, ending disputes over utilizing valuables.

You could still trade in watches and jewelry, but it was more common to buy tokens. You might discover a pricey watch in a big casino, but it's unusual.

Now you can go to a casino and not worry about selling away your great-grandmother's diamond necklace for a simple round of poker. I'm sure the casino would still accept it, or if they didn't, then the pawn shop down the street will, but it is much easier for everyone now that poker chips exist in the world of casinos.

If you're hungry for more info right now, then make sure to check out the best online casinos we've reviewed right here on Casinoble Ireland. You can claim tons of bonuses, enjoy the apps, and multiple payment methods for the best casino games:

1. Leo Vegas

2. Spin away

            3. Voodoo Dreams

People were getting very reckless with the bets that they were making. They were selling their rings, their irreplaceable heirlooms, and other things that had sentimental value. This would be fine if their reckless behavior had only affected them or those who owned those valuables, but it brought conflict into the casinos.

Conflict is one of the reasons why a lot of casinos were still illegal back then. Fights, thieving, and robbing were expected, thus casinos needed a solution. In the 1800s, Poker chips were established, ending disputes over utilizing valuables.

You could still trade in watches and jewelry, but it was more common to buy tokens. You might discover a pricey watch in a big casino, but it's unusual.

Now you can go to a casino and not worry about selling away your great-grandmother's diamond necklace for a simple round of poker. I'm sure the casino would still accept it, or if they didn't, then the pawn shop down the street will, but it is much easier for everyone now that poker chips exist in the world of casinos.

If you're hungry for more info right now, then make sure to check out the best online casinos we've reviewed right here on Casinoble Ireland. You can claim tons of bonuses, enjoy the apps, and multiple payment methods for the best casino games:

1. Leo Vegas

2. Spin away

            3. Voodoo Dreams