Abstract: A chip rack comprises: (a) a tray including first and second parallel side walls; bottom member including a plurality of cylindrical troughs that hold chips and are parallel to first and second side walls; and first and second parallel longitudinal walls; and (b) a plurality of dividers that perpendicularly intersect the plurality of cylindrical troughs wherein the dividers are spaced to separate a predetermined quantity of chips such as 20, which is the casino industry standard used in the accounting of chip inventories. The dividers separate chips into stacks of 20, allowing quicker accounting of chips by dealers and supervisors. The plurality of dividers may comprise multiple series of protuberances and may further include a divider or spacer that runs along the first longitudinal wall to provide distance between the first longitudinal wall and a chip stack to allow a dealer to easily lift up the chip stack.