Casino chips come in various colors, each representing a specific value, which can vary by establishment. Commonly, white chips are worth $1, red chips typically hold a value of $5, green chips are often $25, and black chips usually represent $100. Higher denominations, like purple or yellow chips, can be valued at $500 or more. Understanding this color value guide is essential for players to manage their bets effectively and navigate the gaming tables with confidence. Always check the casino's specific chip values, as they may differ from the standard.