Modified baccarat game

A method for playing a modified Baccarat card game comprising:

• providing a gaming table or electronic gaming system having a Player hand area for receiving cards for a Player hand, a Banker hand area for receiving cards for a Banker hand, a gambling wager area comprising a Player primary wager spot for receiving a wager on the Player hand to win a Baccarat game, a Banker primary wager spot for receiving a wager on the Banker hand to win the Baccarat game, a Tie primary wager spot for receiving a wager on a tie between the Banker hand and the Player hand, and a side bet wager spot for receiving a Bigger Win side bet that either the Player hand or the Banker hand will have a higher point value based on a scoring system different from the rules of the Baccarat game,
• receiving from a gambler on at least one of the wager spots, one or more Variable Value Tokens, the Variable Value Tokens having an initial face value that is more than the initial cost that was paid by the gambler;
• dealing the Player hand in the Player hand area and the Banker hand in the Banker hand area according to standard Baccarat rules, wherein the standard Baccarat rules utilize rules of punto banco Baccarat;
• determining whether a winning hand in the Baccarat game is the Player hand or the Banker hand;
• determining whether the winning hand in the Baccarat game is the same as the wager placed in the step of receiving;
• responsive to the outcome of the Baccarat game and according to predetermined rules for the Bigger Win side bet, determining whether the wager placed in the step of receiving is a winning wager in the Baccarat game and on the Bigger Win side bet,
• dispensing a payout according to a predetermined payout table if the wager placed in the step of receiving is a winning wager, and
• allowing the gambler to redeem the Variable Value Tokens for a current monetary value, wherein the step of allowing the gambler to redeem is subject to one or more conditions,
• wherein a first condition of the one or more conditions is that the gambler may perform the step of redeeming the Variable Value Tokens for 100% of the current monetary value if the current monetary value of the Variable Value Tokens is twice or more the initial face value of the Variable Value Tokens,
• wherein a second condition of the one or more conditions is that the gambler may perform the step of redeeming the Variable Value Tokens for 50% of the current monetary value if the current monetary value of the Variable Value Tokens is in a range of from half of the initial cost of the Variable Value Tokens (that was paid by the gambler) to twice the initial face value of the Variable Value Tokens (non-inclusive of the end points),
• wherein a third condition of the one or more conditions is that the gambler may perform the step of redeeming the Variable Value Tokens for 100% of the current monetary value if the current monetary value of the Variable Value Tokens is equal to or less than half the initial cost of the Variable Value Tokens (that was paid by the gambler) and more than zero,
• wherein when the current monetary value of the Variable Value Tokens has been reduced to zero, a fourth condition of the one or more conditions is that the gambler may select from leaving the modified Baccarat game and purchasing one or more Variable Value Tokens to continue playing the modified Baccarat game,
• wherein a fifth condition of the one or more conditions is that the gambler may perform the step of redeeming the Variable Value Tokens for the current monetary value only if a cumulative total amount won by the gambler is an amount at least five times the initial face value of the Variable Value Tokens.