A method for determining wagers by applying a chip denomination representation, having at least one angle associated with at least one color transition, against a working chip template. A related system includes, but is not limited to, circuitry and/or programming for effecting the foregoing-referenced method; the circuitry and/or programming can be virtually any combination of hardware, software, and/or firmware configured to effect the foregoing-referenced method embodiments depending upon the design choices of the system designer.