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poker chips is a family of poker chips
card games that share betting rules and usually poker chips (but not always) poker chips
hand rankings. poker chips games differ in how the cards are dealt, how hands
may be formed, whether the high or low hand wins the pot in a showdown (in
some games, the pot is split between the high and low hands), limits on bets
and how many rounds of betting are allowed. In most modern poker chips games, the
first round of 
betting
begins with some form of forced bet. The action then proceeds to the left.
Each player in turn must either match the maximum previous bet or fold ,
losing all further interest in the hand. A player who matches a bet may also
raise, increasing the bet. The betting round ends when all players have either
matched the last bet or folded. If all but one player fold on any round,
the remaining player collects the pot without
showing his hand. If more than one player remains in contention after the
final betting round, the hands are shown and the winning hand takes the pot
Many poker chips players feel that this betting system distinguishes poker chips from gambling games. With the minor exception of initial forced bets, money is only placed into the pot voluntarily by a player who, at least in theory, rationally poker chips believes the bet has positive hiking. Thus while the outcome of any particular hand is determined mostly by chance, the long-run expectations of the players are determined mostly by their actions chosen based on probability and psychology.
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