Each color chip is assigned a specific monetary amount. While poker chips may seem like meaningless pieces of plastic, they do directly correlate to real cash value – especially in cash games. The Short Answer: Yes, Poker Chips Equal Money! In this comprehensive guide, I‘ll teach you everything you need to know about chip values, so you can play winning poker with confidence. Hey there poker enthusiast! Have you ever wondered if those plastic discs players are pushing around the felt are actually worth anything? Or what the different chip colors represent in the poker world? If so, you‘ve come to the right place!Īs an avid poker player for over 20 years, I‘ve spent countless hours analyzing the ins and outs of poker chips.