100-500-1000 chip progression (1 Viewer)

[carpenter]

I'm not sure if this is the right place to post this question.
I've read a lot of forums on chip progression and the rule of 4 or 5 times the chip denomination. But, in a lot of tournaments, they always use 500 and 1000 chips. 500 makes sense to me coming from 100*5. Although, 1000 feels good to have. I'm just curious what others think about it and what could be the reason.

 

[Phoe9x]

The general population likes to have a T1000 chip since it makes sense and is a (generally) round number, T2000 or T2500 is a bit of an odd ball number.

 

[allforcharity]

100/500/1000 is traditional. 100/500/2000 (2500) makes perfect tournament progression sense, but almost nobody is willing to adopt it.

Not unlike 4 colour decks, come to think of it.

 

[ekricket]

I’ve got six racks of hot stamped $0.50 that I’m thinking about making a $0.50/$5/$50/$500 set out of. Just because I have so many $0.50 and it would be a lot of chips on the table making bets. It would be a chipper game, not a max hands per hour game.

 

[carpenter]

I’ve got six racks of hot stamped $0.50 that I’m thinking about making a $0.50/$5/$50/$500 set out of. Just because I have so many $0.50 and it would be a lot of chips on the table making bets. It would be a chipper game, not a max hands per hour game.

That makes sense. Use em if you got em.

 

[carpenter]

@allforcharity @Phoe9x i thought so too.
1000 just feels right. I was just curious about what others think of it.

 

[DrunkleWade]

I think it also boils down to logistics with how the denoms work with each other. The most wise @BGinGA once told me,

"...using a 500-2000-10000 progression is not advised for small stacks or small fields. You will need many more starting T500 chips (since no T1000 workhorse chips are in play), and there simply aren't enough total chips on the table to support the larger denominations.

Multiple tables and millions of chips in play are needed to realize the value of eliminating the T500-to-T1000 jump by introducing a T2000 and T10000 chip."

 

[carpenter]

I think it also boils down to logistics with how the denoms work with each other. The most wise @BGinGA once told me,

"...using a 500-2000-10000 progression is not advised for small stacks or small fields. You will need many more starting T500 chips (since no T1000 workhorse chips are in play), and there simply aren't enough total chips on the table to support the larger denominations.

Multiple tables and millions of chips in play are needed to realize the value of eliminating the T500-to-T1000 jump by introducing a T2000 and T10000 chip."

Yeah, that is also a good way of looking at it.