Non-negotiable chips
Non-negotiable chips are a specific type of casino chip that cannot be exchanged for cash or cashed out. Unlike regular chips, which can be used both for betting and later redeemed for money, non-negotiable chips are typically given as part of promotions, bonuses, or loyalty rewards. They allow players to participate in games and wager as if they were using real money, but any winnings generated from these chips are typically paid out in cashable chips or cash, while the original non-negotiable chips remain ineligible for withdrawal.
These chips are commonly used to encourage gameplay without the casino risking a direct payout from the promotional offer itself. Once non-negotiable chips are used in a bet, they are often removed from the player’s stack, regardless of the outcome. Players benefit from the opportunity to win real money while the casino minimizes its exposure to losses.