System and method for cashless exchange at table games

A method for cashless exchange at a smart table, the method performed by a computing device including at least one processor, the smart table configured to provide a wagering game to one or more players using radio-frequency identification (RFID)-enabled chips, the smart table including a table management device operable by a dealer and at least one RFID sensor configured to detect the presence of RFID-enabled chips, the at least one RFID sensor proximate a dealer scratchpad for detecting a value of RFID-enabled chips within a scratchpad area on the smart table, the smart table defining a plurality of player positions, the method comprising:

• determining a presence of a player at the smart table;
• receiving a cash-out request for the player;
• in response to receiving the cash-out request, determining a chip cash-out value associated with one or more RFID-enabled chips located within the scratchpad area;
• obtaining a selection of a digital wallet account associated with the player;
• and
• transmitting digital wallet account information associated with the digital wallet account to a table management system server, wherein the table management system server transfers the determined chip cash-out value to the digital wallet account.

A tangible, non-transitory, computer readable storage medium including computer executable instructions that, when executed by a computing device comprising at least one processor in communication with at least one memory device, cause the computing device to at least:

• determine that a player occupies a first player position of a plurality of player positions at a smart table, the smart table providing a wagering game to one or more players using radio-frequency identification (RFID)-enabled chips, the smart table including a table management device operable by a dealer and at least one RFID sensor configured to detect the presence of RFID-enabled chips, the at least one RFID sensor proximate a dealer scratchpad defining a scratchpad area on the smart table;
• receive a cash-out request to terminate the wagering game;
• quantify a chip cash-out value within the scratchpad area, the chip cash-out value associated with one or more RFID-enabled chips located within the scratchpad area;
• determine a target account from a digital wallet of the player;
• and
• initiate a transfer of the determined chip cash-out value to the target account in response to determining the target account.