Do you enjoy online casino games? Are you fond of classic table options, like Poker, Blackjack, and Roulette, or are you more into slots, like Big Boom Riches
? Irrespective of your answers, the truth is as follows, the popularity of web-based gambling is growing. At the same time, the number of brick-and-mortar casinos is not decreasing.
With the advancement of technology and the availability of new payment options, including cryptocurrency, a lot of people are confused about traditional chips still being used. What are they, and why are they so important? Why are not they replaced with more up-to-date payment options?
There are a few reasons why chips are something more than nostalgia. Instead, it is an effective way to increase security, deter fraud and influence the way players behave.
Influenced Gamblers Psychology
There is no way to deny that the first and the most critical reason why casinos, both online and offline, still use chips is the mental separation between the player and money. When the gamblers deposit money and get them transferred into chips, they lose the value of the finance and become more certain of the steaks they make. Gamblers tend to take bigger risks when they do not completely realize how much real money they can lose.
If players were supposed to use cash bets, $500 steaks would have been an exception. However, as the gamblers need to throw a single chip, instead, it feels less expensive. Thus, the decisions are made much faster and less responsibly.
The safety and security of the gambling experience is one of the casino's priorities. Therefore, most casinos use chips as an extra layer of protection. Chips are not simple tokens but a critical part of the process aimed at catching cheaters. Casino chips cannot be simply stolen and used in the supermarket or even in a different casino. At this point, it is critical to mention RFID technology, which is commonly used to add to the safety of gambling.
This is the simplest and the most obvious reason why casinos still take advantage of traditional chips. Convenience is the factor that influences a lot of gambling-related processes. When it comes to fast-moving games, it is impossible to thrive with cash, as money takes a lot of space to store and time to count. Moreover, if you choose to make a high stake, you can only imagine all the problems that come with the appearance of real money. Thus, chips simplify the process, granting the desired velocity, convenience, and efficiency.
Simplified Data Collection Process
Radiofrequency identification (RFID) is the notion that has already been mentioned here, but apart from security matters, it is associated with the RFIDable chips that help to collect inevitable data. Although not all casinos use such chips, the ones that do can gather valuable data easily, store it safely and use it securely. Moreover, RFID chips help to detect dealer mistakes and warn any fraud on the players' behalf. Additionally, it is a unique way to track the way chips move around the establishment. An opportunity to track trends and streamline profiles enables casinos to contribute to their popularity.
Improved Branding and Marketing
Apart from all the practical advantages chips are associated with, they are frequently used as a perfect marketing instrument. Most web-based casinos use branded chips to attract customers, especially when it comes to live dealer rounds.
If you take your time and have a look at a few casino pages, you will notice the chips the platform uses. In most instances, the name and the logo of the establishment will be mentioned there. This is the simplest way to influence players and help them make the right choice every time they strive to gamble. As winning casino chips is a memorable experience, these little items can influence the reputation of the service a lot.
Using chips is not only about keeping the tradition or simplifying branding, as it is more about convenience. Playing with chips helps to ease the accounting process, as the gamblers need to consider only at the stack to estimate the value of the bet. As for the casinos, it is better for them to use chips to store, stack, and count the money deposited by players.
Smoother Gambling Experience
No matter if you are an experienced or amateur player, you know how chips look. Therefore, you understand how easy it is for both players and dealers to do the math. The smooth and fast gambling process is another reason why casinos still take advantage of chips instead of real money.
When it comes to online gambling, chips help to keep the tradition and make the experience smooth and easy. Talking about the offline experience, the prominence of chips cannot be overestimated, as they help to keep the game flowing with no pauses. Dealers do not have to waste time counting cash and checking the currency. Instead, the surveillance team watches the process from a distance to avoid any mistakes.