A casino token commonly serves as checks, cheques or chips. It is a small discs used instead of currency in casinos. Colored metal and molded clay tokens of different quantity are used mainly in table games, and metal token coins used mainly in slot machines.
Some other casinos are use gaming plaque for high betting table games like $25,000 and above. A plaque is varying from chips and that is bigger, generally rectangular in shape and has serial numbers.
Money is replaced for tokens in a casino at the gambling table, casino cage, or at a cashier location. The tokens are exchangeable with money at the casino. This usually has no price out of the casino, and in Las Vegas, some casinos may credit chips from other casinos.
Many casinos are removing the use of metal tokens in support of paper receipts or pre-paid cards, which as need of heavy infrastructure expenditure to install, reducing the jamming problem, and the coin handling expenses encounter in machines that take tokens or coins. Tokens are in use of various reasons. They are more suitable to use other than currency also difficult to make theft.
Lastly, the tokens are measured to be an essential element of the casino atmosphere, and change them with some exchange currency would be not accepted.