Buy in
1 min read
The conversion of cash into chips for the purpose of gambling.
In the context of casino gambling, a "buy-in" refers to the amount of money a player must pay to enter a game or tournament. This fee allows the player to receive chips or credits that they can use to participate in the game. For example, in a poker tournament, the buy-in is the entry fee that players pay to compete for a prize pool. In cash games, the buy-in can refer to the minimum amount of money a player must bring to the table to start playing. The buy-in amount can vary depending on the game type, stakes, and casino rules.
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