Czuch: Yes it will help. On daily basis house should collect rake the same amount it inserts new chips into the game. Of course there already is a lot of money and over long period of time the best players will get large portions of it. But if the overall amount of money in the system does not increase, also the money a single player can have is limited.

Another option to keep the game interesting would be to reset everyones chips back to 1000 for example weekly. At the time of the reset the player with most chips would be announced the weekly champion. And after resetting the chips everyone could compete at same level again.