Purple [Meaning] - MasterTerms.com

Purple

A purple chip in Craps is typically worth $500.

In many casinos, chips are color-coded based on their denomination, and purple chips are used to represent higher values like $500. These chips are usually involved in larger bets or high-stakes games, adding an extra level of excitement to the game. Players using purple chips are often seen as high rollers due to the significant value of their bets.

Purple Example

For example, if a player bets three purple chips on the pass line, they are wagering $1,500 on the outcome of the dice roll.