Lammer ( poker )



1) A special chip given to the winner of a tournament for which the award is an entry or buy-in to a larger tournament.
The chip can be used only to buy in to a tournament, but can be sold to another player for this purpose.
For example, a super satellite at the World Series of Poker might award three lammers each worth $500.
The winner might use those three lammers to buy in to a $1500 tournament, or collect two more and use them for a $2500 tournament.
The term originally came from the chip-shaped markers used in other table games, such as craps, where they might indicate,
for example, "on" or "off." The name probably came from these chips being made of laminated plastic.