Casino workers normally allude to chips as "cheques," which is of French origin. In reality, there is a distinction amidst a chip and a cheque. A cheque is a chip with a amount imprinted on its face and is always valued at the value of the imprinted denomination. Chips, however, don’t have denominations written on them and any colour can be valued at any cash amount as determined by the croupier. e.g., in a poker tournament, the house may define white chips as one dollar and blue chips as ten dollars; whereas, in a roulette game, the casino might value white chips as twenty-five cents and blue chips as 2 dollars. An additional instance, the inexpensive red, white, and blue plastic chips you buy at the department store for your weekly poker get together are referred to as "chips" seeing as they do not have values imprinted on them.
When you plop your $$$$$ down on the table and hear the dealer say, "Cheque change only," he is basically telling the box man that a new individual would like to change $$$$$ for chips (cheques), and that the money on the craps table isn’t in play. $$$$$$ plays in almost all betting houses, so if you place a $5 bill on the Pass Line just before the tosser tosses the dice and the croupier doesn’t change your $$$$$$ for chips, your cash is "in play." When the dealer indicates, "Cheque change only," the boxman knows that your money isn’t part of the action.
Technically, in land based craps games, we wager with cheques, not chips. Occasionally, a gambler will approach the craps table, put down a one hundred dollar cheque, and say to the croupier, "Cheque change." It is entertaining to act like a beginner and say to the dealer, "Hey, I’m new to this game, what is a cheque?" Frequently, their crazy answers will entertain you.