{"id":8952,"date":"2025-04-28T12:05:13","date_gmt":"2025-04-28T11:05:13","guid":{"rendered":"https:\/\/www.oddsmonkey.com\/blog\/?p=8952"},"modified":"2025-04-28T12:05:13","modified_gmt":"2025-04-28T11:05:13","slug":"what-are-casino-golden-chips","status":"publish","type":"post","link":"https:\/\/www.oddsmonkey.com\/blog\/matched-betting\/casino\/what-are-casino-golden-chips\/","title":{"rendered":"What Are Casino Golden Chips?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">If you\u2019re just starting your <\/span><a href=\"https:\/\/www.oddsmonkey.com\/matched-betting\/casino-matched-betting\/\"><span style=\"font-weight: 400;\">Casino Matched Betting<\/span><\/a><span style=\"font-weight: 400;\"> journey, without ever having encountered online casinos before, you might find yourself quite overwhelmed by the frenetic graphics, the profusion of games, and the surfeit of new terminology you have to get to grips with.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Golden chips are at least a relatively straightforward concept. <\/span><b>They\u2019re a type of bonus offered by certain bookies and casinos<\/b><span style=\"font-weight: 400;\"> (notably Betfred and Bet365), which can be used on live casino and table games.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you\u2019ve been awarded golden chips and don\u2019t know what to do with them, or you\u2019re nervous about tackling an offer that promises you golden chips as your reward, you\u2019re in the right place.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Read on to find out how to get golden chips, how to use them, and what the most profitable strategies are once you\u2019ve got them.<\/span><\/p>\n<h2><b>What Are Casino Golden Chips?<\/b><\/h2>\n<p><b>Casino golden chips are free rewards offered by some bookies or casinos, which can be used on table and live casino games.<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">They\u2019re essentially the equivalent of free spins for slots games, or of free bets for sports betting.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A golden chip can be used on live casino with <\/span><b>zero risk.<\/b><span style=\"font-weight: 400;\"> If you lose &#8211; no biggie, it was free in the first place. And if you win &#8211; hooray! You get to keep the cash for yourself.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">One thing to bear in mind with golden chips is that, much like with free bets, <\/span><b>if you win you don\u2019t get the value of the chip itself as part of your winnings<\/b><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For example, if you\u2019re playing roulette and place \u00a31 of real money on red, you\u2019ll receive \u00a32 back if you win &#8211; your original \u00a31 stake plus \u00a31 in winnings.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you use a \u00a31 golden chip, however, you\u2019ll only receive the \u00a31 in winnings.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You should be aware that not all bookies and casinos offer golden chips. Many will simply offer you a certain value of live casino bonus (which can be quite useful, as it\u2019s more flexible).\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You\u2019ll usually use golden chips or bonus funds in roughly the same way, though, and both are well worth having.<\/span><\/p>\n<h2><b>How Much Is A Golden Chip Worth?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">That entirely depends on the offer! <\/span><b>Golden chips don\u2019t have a standard value<\/b><span style=\"font-weight: 400;\">; instead, their value is confirmed as part of the offer you complete.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That said, it\u2019s very common for golden chips to be worth \u00a31, though you may well see higher value golden chips with some bookies or casinos.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The downside of higher value golden chips is that you won\u2019t normally be able to split them. If you\u2019ve got a \u00a35 golden chip, for example, you\u2019ll be able only to make one bet of \u00a35, rather than 5 bets of \u00a31, which would reduce your variance.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the bonus is being offered simply as bonus funds, on the other hand, you can usually make your stakes as high or low as you like (so long as you don\u2019t run out of bonus altogether!).\u00a0<\/span><\/p>\n<h2><b>How Do You Use A Golden Chip?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">When you\u2019ve been credited with golden chips, or a similar live casino bonus, your bonus will be available to use in any eligible game.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Golden chips will normally appear alongside regular chips in a live casino game, usually in gold, with their value shown on them.\u00a0<\/span><\/p>\n<p><b>To use a golden chip, click on the symbol and then on whatever you want to bet on<\/b><span style=\"font-weight: 400;\">, whether that\u2019s a number in roulette or a hand in blackjack.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you have bonus funds rather than golden chips, it\u2019s equally simple &#8211; just click the value of the chip you\u2019d like to place, and then on the bet you want to make.<\/span><\/p>\n<h2><b>How Do You Get Golden Chips?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">There are a few different ways you can receive casino golden chips, or other live casino bonuses.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some offers will be available only to new customers (known as <\/span><b>sign up offers<\/b><span style=\"font-weight: 400;\">), while others will be available to everyone (<\/span><b>reload offers<\/b><span style=\"font-weight: 400;\">).\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Whichever kind of offer you complete, there\u2019ll usually be some sort of qualification requirement. Most commonly, you can earn golden chips in the following ways:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Wager your own money<\/b><span style=\"font-weight: 400;\">. Naturally, casinos like it when you put your own money at risk. You might see an offer to wager \u00a310 to receive 5 golden chips, for example.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Deposit<\/b><span style=\"font-weight: 400;\">. Sometimes, you\u2019ll have to fund your account, but not to put those funds at risk. This situation is ideal, as it means you can play through your golden chips without any risk to your own cash.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Play a free game<\/b><span style=\"font-weight: 400;\">. Many bookies and casinos have free daily (or weekly) games, with golden chips as one of the possible prizes. You won\u2019t have any guarantee of receiving golden chips as a reward, but you might as well play the game if it doesn\u2019t cost you anything.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Place a sports bet<\/b><span style=\"font-weight: 400;\">. Sometimes bookies will have promotions that span their sportsbook and casino, and ask you to stake a certain amount on a sports bet to receive a casino bonus. This can be particularly profitable for matched bettors, who can minimise or even eliminate their qualifying loss, making the offer virtually risk free.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Exchange credits for golden chips\/a casino bonus<\/b><span style=\"font-weight: 400;\">. Some bookies and casinos use their own credit system (such as \u2018comp points\u2019 with Betfred), with credits awarded for staking money, playing free games or taking part in competitions. These can be exchanged for bonuses, which often include golden chips or other casino bonuses.<\/span><\/li>\n<\/ul>\n<h2><b>Is There Any Risk With Golden Chips?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">When it comes to using the golden chips themselves, there certainly shouldn\u2019t be! Golden chips are the equivalent of a casino bonus &#8211; so even if they don\u2019t win you anything, you won\u2019t have lost any of your own money.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, you might have to risk some of your own money to be awarded golden chips. If you\u2019re completing qualification requirements in order to receive your golden chips, there\u2019ll usually (although not always) be some risk involved.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If so, you should consider carefully whether the risk involved as part of the qualification requirements is too great to be worth the reward.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can use our <\/span><a href=\"https:\/\/www.oddsmonkey.com\/matched-betting\/calculators\/expected-value-calculator\/\"><span style=\"font-weight: 400;\">Expected Value Calculator<\/span><\/a><span style=\"font-weight: 400;\"> to help you work out whether a particular offer is worth the potential risk involved.<\/span><\/p>\n<h2><b>Can You Guarantee A Profit With Golden Chips?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Sometimes &#8211; but not always. The exact terms of golden chips can vary from bookie to bookie, and it won\u2019t necessarily be possible to guarantee a profit with golden chips.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you\u2019ve got enough golden chips, and the game you\u2019re playing will permit you to cover every possible option, then you will certainly have an opportunity to guarantee a profit.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, that won\u2019t always be the case. Most roulette games won\u2019t allow you to cover more than 50% of possibilities, for example, and you may not be permitted to play more than one golden chip at once.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even so, <\/span><b>you can still boost your chances of making a profit from your golden chips with shrewd play<\/b><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For example, if you have, say, 5 golden chips worth \u00a31 each, you have a good chance of making a profit by playing \u00a31 stakes on either red or black on roulette. You won\u2019t end up with a huge win, but you have a good chance of coming away with something.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Similarly, if you decide to play your golden chips on blackjack, you can use the handy <\/span><a href=\"https:\/\/www.oddsmonkey.com\/blog\/matched-betting\/casino\/blackjack-cheat-sheet\/\"><span style=\"font-weight: 400;\">Oddsmonkey strategy guide<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/www.oddsmonkey.com\/matched-betting\/calculators\/blackjack-strategy-calculator\/\"><span style=\"font-weight: 400;\">blackjack calculator<\/span><\/a><span style=\"font-weight: 400;\"> to give you the best possible chance of making a profit from your golden chips.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In short, in most situations you won\u2019t be able to guarantee a profit &#8211; but with smart tactics you can give yourself a very good chance of one.<\/span><\/p>\n<h2><b>Other Ways To Make Money From Online Betting Sites<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Casino golden chips and other live casino bonuses can be a fun way to make some potential profit &#8211; but they aren\u2019t awarded all that often, so it\u2019d be unwise to rely on them as your only source of extra income from online betting sites.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you enjoy casino generally, <\/span><a href=\"https:\/\/www.oddsmonkey.com\/matched-betting\/pricing\/\"><span style=\"font-weight: 400;\">Oddsmonkey\u2019s All Access membership<\/span><\/a><span style=\"font-weight: 400;\"> package grants you access to <\/span><b>over 100 casino sign up offers<\/b><span style=\"font-weight: 400;\">, plus lots of ongoing reload offers, giving you the chance to make ongoing <\/span><a href=\"https:\/\/www.oddsmonkey.com\/matched-betting\/casino-matched-betting\/\"><span style=\"font-weight: 400;\">profits from casino offers<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, it\u2019s important to remember that there is a risk with casino. Statistically, you ought to end up in profit on average, with the reliability of your profits increasing the more offers you complete, but it\u2019s also possible (if unlikely) to fail to make any money at all.<\/span><\/p>\n<p><b>You therefore shouldn\u2019t ever stake more than you can afford on casino offers<\/b><span style=\"font-weight: 400;\">, as there is a risk of losing your initial stake.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you\u2019re starting out with a relatively small kitty, you can look at building up your bankroll with Matched Betting before you embark on casino offers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Matched Betting is a strategy that involves betting both for and against the same outcome, and using freebies from bookies to come out in profit. Oddsmonkey\u2019s handy tools and guides make this a super straightforward process, even for complete newcomers to sports betting.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To find out more, take a look at our <\/span><a href=\"https:\/\/www.oddsmonkey.com\/matched-betting\/what-is-matched-betting\/\"><span style=\"font-weight: 400;\">beginner\u2019s guide to Matched Betting<\/span><\/a><span style=\"font-weight: 400;\"> &#8211; or if you prefer to learn by doing, <\/span><a href=\"https:\/\/members.oddsmonkey.com\/account\/register?_ga=2.101552325.595463937.1741273333-1624392710.1741273333\"><span style=\"font-weight: 400;\">give our free trial a go<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><b>earn your first \u00a329 in Matched Betting profits<\/b><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you\u2019re just starting your Casino Matched Betting journey, without ever having encountered online casinos before, you might find yourself quite overwhelmed by the frenetic graphics, the profusion of games, and the surfeit of new terminology you have to get to grips with. Golden chips are at least a relatively straightforward concept. They\u2019re a type [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":8953,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_breakdance_hide_in_design_set":false,"_breakdance_tags":""},"categories":[87],"tags":[],"yst_prominent_words":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/posts\/8952"}],"collection":[{"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/comments?post=8952"}],"version-history":[{"count":1,"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/posts\/8952\/revisions"}],"predecessor-version":[{"id":8955,"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/posts\/8952\/revisions\/8955"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/media\/8953"}],"wp:attachment":[{"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/media?parent=8952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/categories?post=8952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/tags?post=8952"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/yst_prominent_words?post=8952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}