Chip distribution and colours?

Zed

I have a 500 chip set which includes:
165 blue
140 red
115 black
80 grey
What I'd like to know is does it really matter the colour of the chip and the value placed on it? I fooled around with the template from home poker tourney and it was quite handy to figure out some variations. Should the chips equal $1000? Is there a general idea of how many chips should be given out?
If I had:
18 chips @ $5
16 chips @ $10
10 chips @ $25
5 chips @ $100 I would have 49 chips valued @ $1000.

Does this sound like a decent set up? If you guys have any suggestions please let me know. I've really enjoyed playing home games the past month or so and I want to make it as simple as possible and as much fun as well.
Thanks in advance.

The Prophet 22

From my perspective that is far too many chips to start a tournament.  I run tournaments and have had as many as 134 people attend at once.  I even have the capabilities of handing out that kind of distribution.  The problem is player will gain to many chips and it becomes cumbersome.

West Side Poker Club use the following distribution.

12 Green value   25.00
07 Black value   100.00
03 Purple value 500.00

This is a total of 20 chips and has a value 0f 2500.  This is our blind schedule.  As you can see there is no colour up until the ninth level.  Hope this helps.

Prophet 22
West Side Poker Club/Kelly's Place

Ante      Small Blind                Big Blind

25 - 25
25 - 50
50 - 100
75 - 150
100 - 200
25 100 - 200
50 150 - 300
50 200 - 400
75 300 - 600
100 400 - 800
100 500 - 1000
200 600 - 1200
200 800 - 1600
300 1000 - 2000
400 1200 - 2400
500 1500 - 3000
500 2000 - 4000
500 2500 - 5000
1000 3000 - 6000
1000 4000 - 8000

westside8

I think 40 chips to start is quite alot in my opinion. Also, as Prophet pointed out, with so many small denomination chips in play, you might need to perform colour up quite often, which will be quite a hassle if you're hosting and playing at the same time.
(Of course, not unless you have beanie jr helping out at the same time )

beanie42

The Prophet 22 wrote:

West Side Poker Club use the following distribution.

12 Green value   25.00
07 Black value   100.00
03 Purple value 500.00

This is a total of 20 chips and has a value 0f 2500.

22 chips - sorry Brent (I'm a pain ).

Zed wrote:

18 chips @ $5
16 chips @ $10
10 chips @ $25
5 chips @ $100 I would have 49 chips valued @ $1000.

Too many chips, as said above. I shoot for around 30 chips in my home games (30-40 people). However, if you are still planning things out, I would caution you against using $10 chips. I use them and I hate them. They made sense originally, but in practice, they actually cause too much confusion and annoyance for the players, and they complicate chip-ups. Once I can replace them, I'll simply switch to using the $5's. Just my experience. If you are using 5/25/100, I'd say use 15/9/7 (31 chips=$1000).

AcidJoe

Take out the $10 chips. They are more than a pain. I used them once and they were then gone.

For my tournaments I use 15 Red 13 green 6 black 1 purple = $1,500

The rebuy is then 1 purple and 1 yellow = $1,500

I also colour up at the breaks as red/green are not required once the blinds get large.

g2

Zed wrote:

I have a 500 chip set which includes:
165 blue
140 red
115 black
80 grey
What I'd like to know is does it really matter the colour of the chip and the value placed on it?

I'm used to using red chips as 5s and black chips as 100s, so for your situation I would use:
red - 5
blue - 25
black - 100
grey - 500
IMO, it is not necessary to have a chip valued at 10.

Zed wrote:

I fooled around with the template from home poker tourney and it was quite handy to figure out some variations. Should the chips equal $1000? Is there a general idea of how many chips should be given out?
If I had:
18 chips @ $5
16 chips @ $10
10 chips @ $25
5 chips @ $100 I would have 49 chips valued @ $1000.

Does this sound like a decent set up? If you guys have any suggestions please let me know. I've really enjoyed playing home games the past month or so and I want to make it as simple as possible and as much fun as well.
Thanks in advance.

IMO, 49 chips is way too many unless you're hosting a deepstack tourney (10,000+ in starting chips).  If you're just playing with friends on a Friday night 1,000 in chips is plenty to start with.  But if you are looking to host a serious poker tourney 2,500 in chips would be much better.  Here's what I would use:
10 red chips @ 5
10 blue chips @ 25
7 black chips @ 100
3 grey chips @ 500
Which is 30 chips per player, equaling 2,500 in starting chips.  With your 500-piece set this would allow you to host games of up to 14 players, including leaving enough black and grey chips for chipping up the reds and blues as the blinds increase.

/g2

Zed

Allright guys thanks for the help. I actually never counted the chips that we normally handed out so I never realized how many 50 chips was. So it looks like I'll try for around 30 chips which will leave me lots of room for buy-ins, trading up chips and many more people. This site has been a big help for me not only to learn stuff from you guys but from the links to other websites and online stores. Poker party Saturday night!!! I can't wait.

Unknown

You want to keep the number as close to 20 as possible, this keeps chip counts within reason. You do not need a mountain of chips to play a tournament, larger chip counts actually slow the tournament down. It is far easier for your own sake to use larger ammounts of larger chips, players will make change when they need it(or the dealer can). It will make things much faster for you. If you want to do rebuys, do rebuys in the highest value chip only. Example if you have a rebuy for $30 Which gives you 1000 chips, either give 2 500 chips or 1 1000 chip for this rebuy. This will make it far easier to color up, and will make it easier for everyone to track betting. The change they need is already on the table. Effeciency is key to a good event.