Chips.gg | CASINO & SPORTSBOOK | 200% DEPOSIT BONUS | 3000+ GAMES

[arallmuus]

It is easy to say they are not profiting all the time, but when you look overall they are not really doing bad neither, overall they are profiting on average and that is what matters when you compare it to other places.

Some players actually (almost) drained out The Vault weeks ago . Its hard to compare chips.gg with another site. First of all, Chips has only been live for less than 6 months so the wagered amount could be lower than another established old website.

Secondly unlike other websites out that takes all their entire profit for themselves, chips.gg puts their profit into The Vault and gave it back to the players that have chips staked . As for now, The Vault has over $18k on it which means they are going to give around $9k back ( $4500 for the team and players who staked their chips will get $4500 ).
 

chips knows this and cares about the customers more than any other place I have seen.

Exactly this !

[SquirrelJulietGarden]

Secondly unlike other websites out that takes all their entire profit for themselves, chips.gg puts their profit into The Vault and gave it back to the players that have chips staked . As for now, The Vault has over $18k on it which means they are going to give around $9k back ( $4500 for the team and players who staked their chips will get $4500 ).

One chip has a value of $45. You can visit the Vault page and see the value of one chip at bottom right corner.
https://chips.gg/games/home?modal=Vault&tab=tokenomics

$45 is a little rise from $43 for one chip in September.

No, Vault in chips.gg and stake.com are totally different. In stake, it serves no other purposes except to keep your funds locked in.

The Vault on chips.gg distribute 50 % of the house profit every 12 hours to everyone that locked their 'chips' onto The Vault based on the percentage of the total locked 'chips' on The Vault

To get the 'chips' , you have to wager and currently every $43 wagered will give you 1 chips

[DarkStar_]

Secondly unlike other websites out that takes all their entire profit for themselves, chips.gg puts their profit into The Vault and gave it back to the players that have chips staked . As for now, The Vault has over $18k on it which means they are going to give around $9k back ( $4500 for the team and players who staked their chips will get $4500 ).

One chip has a value of $45. You can visit the Vault page and see the value of one chip at bottom right corner.
https://chips.gg/games/home?modal=Vault&tab=tokenomics

$45 is a little rise from $43 for one chip in September.

That's not the value of a chip, but rather how much you need to wager in order to get one. Since Chips has a 1% house edge dice game, the lowest cost to get one at the moment is $0.45. I don't know what a good way to figure out the value of a chip since they can't be traded (yet anyways).

[beerlover]

^We had something (remotely) similar in earnbet as well where people wagered to get a token but the moment price really crashed and burned was when it was listed on binance and how you could just get it and get paid dividends.

People assumed everyone would buy it to get dividends like crazy and price would go up, but it turns out there were more people who were interested in selling and getting out right away instead of trying to wait for dividends so price crashed.

I feel the same way for this idea as well, don't get me wrong as a casino chips is one of the most entertaining ones I had pleasure gambling, but the price of one chip would crash if there was a way to exchange it to eth/btc or any other pair since people would rather get money today instead of waiting.

[SiNeReiNZzz]

Well, with my 132x multiplier I only took 44th place in the competition...

But better than nothing...

[Betwrong]

Well, with my 132x multiplier I only took 44th place in the competition...

But better than nothing...

~img

Congrats, mate! I can see that you were quite lucky in the recent days. 349x 2 days ago, and now 132x.

I also tried to get something from the "362x Multiplier race", but luck wasn't on my side yesterday. I ended up on the 73th place



losing 80% of my balance in the process. More than $40, big money for me. But, on the other hand, I won that money on chips's slots earlier. So, I haven't lost a penny of my own money, and had tons of fun rolling those slots. 

[SiNeReiNZzz]

Well, with my 132x multiplier I only took 44th place in the competition...
~

Congrats, mate! I can see that you were quite lucky in the recent days. 349x 2 days ago, and now 132x.

I also tried to get something from the "362x Multiplier race", but luck wasn't on my side yesterday. I ended up on the 73th place
~
losing 80% of my balance in the process. More than $40, big money for me. But, on the other hand, I won that money on chips's slots earlier. So, I haven't lost a penny of my own money, and had tons of fun rolling those slots. 

Thank you! 
Yes, if you look at it that way, I am not bad at Chips.gg until now... After the 132x muliplier, I had a 96x multiplier with 0,30$ bet! 

[serjent05]

Well, with my 132x multiplier I only took 44th place in the competition...

But better than nothing...

Cool multiplier, it seems I missed the previous multiplier race of chips since I am busy doing something else .  I might play again this coming day.  Hopefully, I got a good luck like yours  .  I Will post here if I get a good multiplier and will update if not  .

Well, with my 132x multiplier I only took 44th place in the competition...

But better than nothing...

~img

Congrats, mate! I can see that you were quite lucky in the recent days. 349x 2 days ago, and now 132x.

I also tried to get something from the "362x Multiplier race", but luck wasn't on my side yesterday. I ended up on the 73th place



losing 80% of my balance in the process. More than $40, big money for me. But, on the other hand, I won that money on chips's slots earlier. So, I haven't lost a penny of my own money, and had tons of fun rolling those slots.  

Well, better luck next time.  as long as the slot is spinning, who knows, probably you will be one of the winners on next event.

[arallmuus]

^We had something (remotely) similar in earnbet as well where people wagered to get a token but the moment price really crashed and burned was when it was listed on binance and how you could just get it and get paid dividends.

It actually breaks down the unique purposes of this kind of 'token' if it is listed in some exchange. I like how things are with chips and I have read this in telegram chats that they dont have the plan to list it on exchange ( atleast not for now ) so its all good.

but it turns out there were more people who were interested in selling and getting out right away instead of trying to wait for dividends so price crashed.

People definitely love instant cash more than site's profit divident

Cool multiplier, it seems I missed the previous multiplier race of chips since I am busy doing something else . 

Care to try some new event? Wager race on dice, minimum $0.2 . Try some classic dice ifor the change of pace 




On top of that, The Vault is over $11k profit !

[darewaller]

unlike other websites out that takes all their entire profit for themselves, chips.gg puts their profit into The Vault and gave it back to the players that have chips staked .

Having these type of ownership situation for the gamblers will always yield some return in marketing sense. I wouldn't know how much it would profit the casino creators or how much it would help the people who wager, but at the end of the day I know that it would be good marketing and maybe that is why chips started this good and already has this many people in it. Because in the end, if you end up gambling and losing 10k dollars here, you could get a ton of chip and you could just hope for the best and collect your profits and with that maybe you can make your money back, sure it would take a very long time but it is making that money back.

Where else can you gamble and lose your money and slowly make it back without doing anything? There are no single other place AFAIK.

[serjent05]

Cool multiplier, it seems I missed the previous multiplier race of chips since I am busy doing something else . 

Care to try some new event? Wager race on dice, minimum $0.2 . Try some classic dice ifor the change of pace 

Well, I looked at the competition board and the competition is already tight  .  I might be a fan of dice game but I like slots more, honestly.

On top of that, The Vault is over $11k profit !

Seem Chips goes back to the profit track again!  Nice to see the vault at positive again even though its BTC is in negative.

[Bitinity]

On top of that, The Vault is over $11k profit !

It is now over $19k profit, lucky to those who have locked many chips as they will get nice amount from the profit sharing. Of course it is not something which is stable because it may get down significantly or the opposite.

Well, I looked at the competition board and the competition is already tight  .  I might be a fan of dice game but I like slots more, honestly.

I'm a bit confuse with this event because of this sentence "you could win a cash prize for all of your winnings dice rolls! Every bet will count as a wager". Is it wagering contest or something like contest for having more winning amount on the dice rolls? But looking at the leaderboard, it is supposed to be wagering contest.

[Betwrong]

~

Well, better luck next time.  as long as the slot is spinning, who knows, probably you will be one of the winners on next event.

Thank you for the good wishes! On my part, I do wish you to be one of the top winners in upcoming events!

As for me, I will stay away from slots for at least two months(starting 2 days ago). This is my strategy for avoiding losing more than I can afford to lose, and for avoiding addiction: if in one day I lose to slots the amount I can only afford to lose in 2 months - I don't play slots for 2 months, starting right after the loss.

[sana54210]

^We had something (remotely) similar in earnbet as well where people wagered to get a token but the moment price really crashed and burned was when it was listed on binance and how you could just get it and get paid dividends.

People assumed everyone would buy it to get dividends like crazy and price would go up, but it turns out there were more people who were interested in selling and getting out right away instead of trying to wait for dividends so price crashed.

I feel the same way for this idea as well, don't get me wrong as a casino chips is one of the most entertaining ones I had pleasure gambling, but the price of one chip would crash if there was a way to exchange it to eth/btc or any other pair since people would rather get money today instead of waiting.

I do understand both parties in that type of scenario. If you would like to wait and get dividends forever as long as you can that means you are going to eventually make your loss back and on top of that you will keep the tokens and on top of that you will keep making dividend as well so you are not going to have any problems, sure maybe it will take 3-5 years or maybe just 3-5 months and that is the risk you take here, but it is not a bad idea.

However, I also understand people who just take the money away and just use that for some other investment, or maybe they just cash it out and redeposit it for gambling? These are all possible stuff and I can't argue about which one is right or which one is good, for now chips is not listed anywhere so safe to say we just collect dividends only.

[arallmuus]

On top of that, The Vault is over $11k profit !

It is now over $19k profit, lucky to those who have locked many chips as they will get nice amount from the profit sharing. Of course it is not something which is stable because it may get down significantly or the opposite.

Yes and currently The Vault is at $2000. It seems some players are winning huge amount recently and personally I like this better than having The Vault at over 20k. Unlike all other casino, everyone can check how much the site is making so it would probably scare some potential players. If The Vault stays around 5-10k profit that would be ideal for the current volume imo.

In long term ,the house would win so in the end of the day as long as there are significant wagered volume in the site then everyone would keep on enjoying that profit share.

I'm a bit confuse with this event because of this sentence "you could win a cash prize for all of your winnings dice rolls! Every bet will count as a wager". Is it wagering contest or something like contest for having more winning amount on the dice rolls? But looking at the leaderboard, it is supposed to be wagering contest.

It is a wager contest and all wagers count as long as it is on dice game.

for now chips is not listed anywhere so safe to say we just collect dividends only.

Yes and they dont have the plan yet for now. Enjoy the profit share 

[serjent05]

~

Well, better luck next time.  as long as the slot is spinning, who knows, probably you will be one of the winners on next event.

Thank you for the good wishes! On my part, I do wish you to be one of the top winners in upcoming events!

As for me, I will stay away from slots for at least two months(starting 2 days ago). This is my strategy for avoiding losing more than I can afford to lose, and for avoiding addiction: if in one day I lose to slots the amount I can only afford to lose in 2 months - I don't play slots for 2 months, starting right after the loss.

That's a good move in avoiding addiction.  I hope that attractive competition won't hinder your plan of restraining yourself from slots.  And thanks too for wishing well for me.

Yes and currently The Vault is at $2000. It seems some players are winning huge amount recently and personally I like this better than having The Vault at over 20k. Unlike all other casino, everyone can check how much the site is making so it would probably scare some potential players. If The Vault stays around 5-10k profit that would be ideal for the current volume imo.

In long term ,the house would win so in the end of the day as long as there are significant wagered volume in the site then everyone would keep on enjoying that profit share.

I also like players winning on Chips but not to the point that it will make the Casino bankrupt.  Players need to experience great wins in order for them to stay and keep playing.  So it doesn't bother me much if the vault turns negative or positive as long as the Casino keeps on operating, dividends will keep flowing.

[darewaller]

I'm a bit confuse with this event because of this sentence "you could win a cash prize for all of your winnings dice rolls! Every bet will count as a wager". Is it wagering contest or something like contest for having more winning amount on the dice rolls? But looking at the leaderboard, it is supposed to be wagering contest.

It is a wager contest and all wagers count as long as it is on dice game.

I think it is more about winning contest? I can't really say because I am not involved, usually requires too much capital and I rather not change the way I gamble just because there is a prize at the end.

Many people do not realize this but when casinos offer you something in the name of contest but basically they want to trap you doing what they want you to do, for example competitions are a way of casinos trying to make gamblers fight against each other to wager as much as possible and that way they could earn more. Deposit bonuses with high rollover wants you to deposit and lose it before you can withdraw.

Basically there are tons of stuff casinos do to make you gamble differently and take your money, which is their job because that is how they survive but I rather not change my gambling ways just because of a contest/promotion. I simply stick within my monthly limit which is definitely 100x lesser than what 25th player in leaderboard wagers.

[SiNeReiNZzz]

Well, at least 75x multiplier... but my luck is starting to run out...

[arallmuus]

-sniped-

-sniped-

I think it is more about winning contest?

Nope, it was a wager contest and this was the description

Every bet will count as a wager on the leaderboard in your bid for a cash prize

Many people do not realize this but when casinos offer you something in the name of contest but basically they want to trap you doing what they want you to do,

Thats one way to look at it or you can just look at this as an extra bonus if you are playing on that certain game. Obviously, it wont be EV+ otherwise the casino will lose their money. For some people that play slot and hit those high multipliers while the events are running would be great because they are going to get extra cash for that and thats not a trap, unless you purposely spend all your balance trying to hit those high multipliers

for example competitions are a way of casinos trying to make gamblers fight against each other to wager as much as possible a

Well thats the point of all these events / contests which is to create volume on the casino as well as to attract more players to the site.

[chipsgg]

Hey everyone! We all thought “Jammin Jars” was the leading slot at Chips Casino, given the amazing wins we have seen lately! However, it seems that there’s a new favorite on the scene. “Money Train 2” has pulled into the station and we are so happy that our players have hopped on board, walking away with some monster multipliers!! So we thought we would share with you all, a few recent wins from the amazing “Money Train 2” slot. These entries have been submitted by our players, since the launch of “RELAX” on Chips.

Always feel free to comment here, let us know your favorite game at Chips.gg OR what you would like to see added in the future we really do love to hear your feedback!