A gaming system includes a table having at least one betting area, at least one camera, at least one antenna and a processing device. The camera captures an image of the betting area, and the antenna receives a signal from at least one RFID-enabled betting chip. The processing device analyzes the image and the signal to identify a value and identity of chips, to calculate a total value of bets based on a sum of the chip values, and to determine authenticity of a chip. A method for playing a modified Baccarat card game includes providing a gaming table having various betting options, receiving one or more Variable Value Tokens from a gambler, determining whether the wager placed in the stage of receiving is a winning wager in the Baccarat game and on the Bigger Win side bet and other side bets (if any), and dispensing a payout.