I've had these chips on my last two cruises (Explorer, AK RT Seattle, early Sept, and Grandeur, SE&Bahamas RT Baltimore, November), both paid as free play from my points earned through the voyage.
On Explorer, they had this silly even money bets only rule (reminiscent of the old match play coupons.)
On Grandeur, they said these chips are chips as any other and can be played anywhere.
If I *pay* $2000 of my real money for these chips, they will be allowing me to play them as cash chips anywhere, or I will be raising proper hell.
Seems to be like anything with RCI, nobody knows how it's supposed to work and there is no consistency across the fleet for how these things are administered.