“A chip and a chair” is a classic poker saying that means as long as you have at least one chip, you’re still alive in the tournament—and you still have a chance to win. Even if you’re down to your last chip, you can still make a comeback, no matter how unlikely it seems.
This phrase became famous after Jack “Treetop” Straus reportedly won the 1982 World Series of Poker Main Event after being down to a single chip. It’s now a symbol of hope, resilience, and never giving up in poker.
It’s not just a feel-good phrase—it’s also a strategic mindset. Smart, patient play can turn even the shortest stack into a real threat.
Whether you’re watching a comeback or living one, “a chip and a chair” is poker’s ultimate reminder to never count anyone out.
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