Chips effectively last forever in home games. You’re going to want to upgrade/switch to something different before they ever wear out.
That makes the upfront cost of adding extra chips very small or even zero. Some back of the envelope calculations show why:
Say you spend $1,500 on a set. You use it for only five years. And you host only 20 games per year.
When you sell them, let’s say you take a loss (unusual here) and sell it for $1,000. Net -$500.
100 games in five years: the net cost of the set is $500 = a cost of $5 per game to host. If your average game stakes is .50/$1, you are out 5BB per game. Doable.
Now say instead you spend $2,000 for a 1/3rd larger set. The larger set is more playable, and thus easier to sell, so you get $1,500 back. That again means you have a net $500 cost spread over 5 years. Your cost per game for 100 games is identical still = $5 per session.
So the added chips are effectively free.
The costs are much less per game if you host more often, obviously. If you host weekly, 50 games per year, it’s $2/game. Less than the cost of a soda at the convenience store.
Plus, if the set is choice enough to retain or even increase its value, it’s a free or maybe even profitable rental.
I’d argue therefore that there is little or zero downside to filling out a set, up to a point, rather than making it as lean as possible. The bigger set also has room to grow in stakes, and you’re never having to strain to make even starting stacks or make change. It’s just much more luxurious and convenient.
If you buy a smaller, low-quality set the apparent up front cost will be much lower, but you may not be able to sell it for more than 5-10% of that cost, if at all. There isn’t much of a resale market for injection molds and things seem only a bit better for China clays. (I have zero experience with ceramics.)
This is also part of why I decided to stop cheaping out on entry-level sets, moving up to
THC solids before finally assembling some larger, higher-quality sets… besides the fact that larger sets of nicer chips just satisfy me more.
The solids have mostly retained their value, but the minty RHCs and spotted THCs only seem to keep increasing in value even though I’m using them. So either my “rental” generates a profit, or I keep these sets forever and the per game price just keeps dropping lower and lower.
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Alternative analysis: You use your set for 40 years and then, well, you die. R.I.P. you!
$1,500 set / 800 games = $1.88 per game. $2,000 / 800 games = $2.50 per game. A less than 75¢ per game difference.
In 40 years today’s 75¢ may be worth 25¢ at best, after inflation/cost of living increases, if we’re lucky. The longer you live and keep hosting, the smaller the marginal added cost.
A small cheapo set goes into a yard sale and nets your heirs $5 or goes in the dumpster. A larger, better quality set goes for sale on a site like this,
eBay or an auction house and nets them hundreds or thousands.
See, I can always rationalize buying MOAR & BETTAH chips…