In poker, chips are used to represent money the money being bet. After everyone has placed their bets, the chips have all been put down in on the table and the plays reveal their cards to see who has won.
It's a way of say "All bets are in" or "We've put everything in and now we'll see what happens". When the chips are down is when you find out if your plans work out or not, and if you trusted the right people. [ Razhie's advice column | Ask Razhie A Question ]
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