The idiom "have had one's chips" is believed to have originated in gambling, where "chips" are used to represent money. When a player loses all of their chips, they are out of the game and have nothing left to bet. In modern usage, this idiom is often used in a more general sense to describe any situation where a person or group has lost everything or failed completely.

What is the origin of the idiom "have had one's chips" and when to use it?

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to [have] had {one's} chips

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Definición y significado de "have had one's chips"en inglés

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