Poker glossary
Nickel
“Nickel” is slang for a $5 chip.
Full explanation
“Nickel” is slang for a $5 chip.
Explanation. In live casino contexts, a $5 chip—or occasionally token—is called a nickel, especially in small-stakes games. Players might say “I chipped a nickel.” Recognizing chip denominations and their slang helps avoid confusion in stack representation and betting.