Microbadges

• Standard Deck of Cards
• Some Type of Markers (Usually Poker Chips)

Values of the markers or chips often vary, but the official standards of chip values by color are as listed below.

Basic Poker Chip Colors and Standard Values

White: $1
Red: $5
Blue: $10
Green: $25
Black: $100

Full Poker Chip Colors and Standard Values

White: $1
Yellow: $2
Red: $5
Blue: $10
Grey: $20
Green: $25
Orange: $50
Black: $100
Pink: $250
Purple: $500
Burgundy: $1,000
Light Blue: $2,000
Brown: $5,000

Even if the establishment (or your buddy's basement) doesn't follow these exact values, the order of values tends to be the same (i.e., for a 4 or 5-color set, white chips are always worth the least, followed by reds, etc, and blacks the most.)

Poker has many variants. The two main forms of Poker are: Stud Poker and Draw Poker.

In Draw Poker, all cards are dealt face down to each player. One of the most played versions of Draw Poker is Five (5) card Draw Poker (often shown in TV and Motion Pictures). Each player is dealt five (5) cards. There is a betting interval, and those left in the deal, may trade cards in their hand for new cards from the stock (IE: Discard two cards, and receive two new cards from the dealer). There is then a final betting interval before the showdown.

In Stud Poker, some of the cards are dealt face down, and some are exposed for all players to see. One of the most common games of Stud Poker is Seven (7) card Stud Poker. Each player is dealt two cards face down and one card face up. After the first betting interval, each remaining player is dealt another card face up. This continues two more times, with a betting interval before each deal, until all players that remain have two cards face down, and four cards face up. Each player then receives a final card face down, and there is a final betting interval before the showdown.

Currently, one of the most popular versions of Poker is a version of Stud Poker called Texas Hold'Em.

No-Limit Texas Hold'Em is the version used in The World Series of Poker each year. Each player is dealt two cards face down. After a betting interval, three community cards are dealt face up at the same time. There is another betting interval, and another community card is dealt face up; after another betting interval, another community card is dealt face up. There is then another betting interval before the showdown.