http://www.chiptalk.net/forum/poker-...r-up-race.html
Confusion can arise in multi-table tournaments where there is an odd number of low denomination chips remaining. This can occur as players are moved around as players bust out and tables are consolidated. After the higher denomination chips are awarded in the normal race procedure, the player with the highest card remaining receives a new chip for the odd low denomination chip if they have half or more of the low denominational chips needed. Otherwise they receive nothing. This is perhaps best addressed with an example.
Example: The color up and race is occurring for the T100 chip to replaced with T500 chips. The players have colored up their even stacks and the following 16 odd chips remain:
Seat 1 two T100
Seat 2 zero
Seat 3 one T100
Seat 4 one T100
Seat 5 four T100
Seat 6 zero
Seat 7 four T100
Seat 8 three T100
Seat 9 zero
Seat 10 one T100
Cards are dealt beginning with Seat 1 who receives two cards, followed by Seat 3 who receives one card, Seat 4 receives one card, Seat 5 receives four cards, continuing with Seats 7, 8 and 10, who receive four, three and one card respectively.
Seat 1 Qd 4d
Seat 3 As
Seat 4 5c
Seat 5 Kc Js 6d 3s
Seat 7 9c 9h 5h 4c
Seat 8 Td 8s 2h
Seat 10 Ts
The sixteen T100 chips are collected and exchanged for three T500 chips, leaving one odd T100. Seat 3 receives the first T500 chip for the As. Seat 5 receives the second T500 chip for the Kc. Seat 1 receives the third T500 chip for the Qd. There is a single T100 chip left, that may be awarded as a T500 chip depending on the player with the next highest card. Seat 5 does have the Js, which is the next highest card, however, that seat already received a new chip and is not eligible to receive another. Looking at Seat 8 and Seat 10 they both have a Ten. Since the Ts outranks the Td, Seat 10 would receive the T500 chip, but since they have less than half of the new denomination, they actually do not receive a chip and the remaining T100 is simply removed. Conversely, had the suits of the tens been reversed Seat 8 wins the race and they would have received a T500 chip since they originally had three T100 chips, more than half of value of the higher denomination T500 chip.