On Your Mark, the Chip Race is on

A chip race event occurs in poker tournaments, particularly those games where blinds are increasing in a rapid rate (like Texas holdem), wherein smaller-valued chips value are less needed (such as Texas hold 'em), since the present and forthcoming blinds are better played with higher chips rate; thus these chips are eliminated from play. This is done to get rid of extra chips present at the front of any player, resulting in trouble-free manner for any player to calculate his piles and his bets.

In a usual chip race:

1. Each player swaps or "colors up" his their smaller-valued tokens or "chips' into higher ones. For instance, if a particular blind reaches a certain stage where a $5 token is not sufficient to post a blind, every $5 chips will be traded for a $25token. For the time being, chips that are not enough (lower than a $5) to be traded for larger chips are maintained. 2. All surplus chips are added up and exchange for equivalent chips with a higher denomination and are deposited in the table. Carrying on with the example, supposing a total of 15 $5 chips are left over among 6 players, 3 $25 chips are readied. As it turned out that the lesser chips remaining do not tally up to a full larger chip, an additional larger chip must be put in provided the remaining less-valued chips adds up to partial of a single bigger chip. 3. Any player whose remaining chips are less-valued will be awarded a card for every chip. The cards are usually given face up, beginning with the player seated to the left of the dealer. Each player who is entitled to get cards will collect all the cards ahead of the next player, instead of the "usual" card deal; the player who holds the small blind, for instance, who is about to get three as a swap for his 3 chips, will collect all his three cards before the three cards are awarded the big blind. 4. The larger chips are issued to the player holding a best high-card showing (poker combination do not count). A player may not receive more than one card. A suit will shatter ties if there is any employing the alphabetical order in determining suit ranking.

A chip race removes not a player from the game. Anyway, a player's final lesser-valued chips are taken away from play as part of the race; he routinely is awarded one "colored up" token if one existed. Any remaining colored up tokens is awarded to the winner of the race.