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how about a $5 dice chip from my home casino?
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That would be a big NO.
As for the other chips offered - those will work just fine.
Update on my side:
As it stands today, I got pulled into a meeting at work with Asia Pacific right smack dab in the middle of the tournament. So for me, it looks like my offer will be pushed back to September 8th. So hope that will still work with the rest of you.
Point of clarification:
Any number of people can participate. So for example, if 3 people want to do this then if any of the 3 knock out any of the others who are participating in the side bet then they will get their chip. If someone who is NOT doing the side bet knocks out a person in the side bet then no chip is exchanged.