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to have had one's chips
01
to face a significant setback or failure in one's career, often resulting in the end of one's professional pursuits
Idiom
Informal
What is the origin of the idiom "have had one's chips" and when to use it?
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.
Example
The startup has had its chips and is now looking for ways to pivot.
The company has had its chips and is now on the verge of bankruptcy.
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