Casino betting terms

casino betting terms

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Casino Betting Terms Video

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Casino betting terms -

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This includes live concerts and other forms […]. A bet is the word used to describe an amount of money placed on the outcome of an unpredictable event, such as a sports match or political elections.

What is American Roulette? It is a table game where the players have the option to bet on single numbers, a range of numbers, on colours or whether the outcome is odd or even.

A wheel is spun by the croupier […]. In the gaming and online casino industry, GGR stands for gross gaming revenue.

It is calculated as the difference between the net profit the amount players wager minus the amount they win and the tax an establishment pays in regards to gaming supplies.

The profits can be huge. In , the Gross […]. What is Online Gambling? Online Gambling definition — Any form of gambling game which is played using a computer or mobile device and an internet connection can be referred to as gambling online.

Online establishments offer online casinos, sports betting, traditional casino games, video slots and more. NGR stands for Net Gaming Revenue, which is defined as the gross bets total, less the payout from any transaction with a visitor, or in which a visitor is credited, fewer returns, bonuses and chargebacks.

Net Gaming Revenue is the basic profit of a casino, gambling establishment or online casino which is […]. What are Land Based Casinos? Land based casinos are physical casino premises that are commonly known as brick and mortar casinos.

The term is used to differentiate between casino venues and their online counterparts. Some casino brands operate a mix of land based and online casinos, while other brands have either one or the other.

Taxable means that tax is liable to be paid on the amount in question. Taxable income or taxable profit means the amount on which tax must be paid — […].

A non sticky bonus is a withdrawable bonus a player can turn into cash once he has fulfilled all the bonus requirements.

A player usually receives the bonus upon signing up and making his first deposit. It is separate from the Proprietary GGY retained by the operator and not subject to any share agreement.

Gross Gambling Yield is the value of all […]. For the player, it represents the amount held from gambling minus the amount spent on bets.

The GGY figures are important when calculating tax for the operator or the player, depending on the […]. What is a Bookmaker? A Bookmaker is a person or company whose job it is to calculate odds on betting events, take bets and pay out winnings.

Online bookmakers have become increasingly popular and most bookmaking organisations also have an online brand as well as high street stores.

Bookmakers typically make money by adjusting the […]. Older machines are mechanical and use wheel based spins, while newer machines use digital technology similar to arcade gaming machines.

What is a Jackpot? A jackpot is typically a large prize fund awarded either randomly or to the highest win. Usually associated with slot machines or video poker, the value of the jackpot increases by a small increment with each game unless the jackpot is won.

Also, the act of taking points rather than betting with the spread, or "laying" points. The maximum amount of money paid out by a casino during any one game.

A poker player who raises frequently. A lottery jackpot payout that is paid in instalments over a long period of time. A mandatory stake required from each player in order to be dealt cards in a hand.

Betting that the next roll will be a 2, 3, or Betting that the next roll will be a 7. Where a variation in odds available allows a bettor to back both sides and guarantee a win.

B Back To Top. A hand made using the final two cards dealt. See Don't Pass Line. A team on which many bets have been placed.

Losing a hand that was favored to win. The money available for participating in casino activities. To bet into a pot on multiple streets. When a new player experiences a 'winning streak'.

When a player holds a hand that isn't likely to beat their opponent's hand. A wager made during a game. The minimum and maximum amounts a player can bet.

Betting with the shooter. Where wagers are placed. Betting against the shooter. Betting that a 6 will be rolled before a 7 is rolled. Betting that an 8 will be rolled before a 7 is rolled.

A bet that predicts that the sum of the three dice will be between 11 and The payout is 1: Relevant in fixed-limit games and meaning to double the betting limit of the initial round.

When the Big Blind wins the hand because no other player entered the pot. The forced bet from the player sitting two to the left of the dealer.

Betting on the number 7. The display that shows each number as it is called out. A set of bingo cards bound together and played one for each game at a bingo session.

When the original two-card hand dealt totals 21 points. A pattern where the whole card must be matched to win. Also known as a coverall.

A board card that doesn't seem to change the value of the hands. A forced bet before a player sees the dealt hand. A card a player holds in their hand that another player needs.

A hand that can only beat a bluff. In community card games, the shared cards dealt face up on the table. An establishment that accepts bets on the outcome of sporting events.

A person who accepts bets on sporting events. A pair made using the lowest card on the flop. Rolling two 6 on the dice.

A card that doesn't seem to help anyone's hand. To make the first bet on the first round of a hand. A hand comprised of an ace-high straight.

Betting on each hard way and on Any Seven. The joker card, which in Pai Gow is semi-wild. A pair made from the first two down cards dealt in stud.

A card that is discarded instead of being dealt. A hand that is worth more than 21 and automatically results in a loss of the bet.

To buy every possible daily-double or other combination ticket. The amount of money usually in chips needed to enter a table game or tournament.

A betting action whereby a player makes a raise after another player has bet. A betting action whereby a player makes a raise after another player makes a 3bet.

C Back To Top. What is traditionally used to shake the dice prior to rolling. Action taken to match the current bet.

A player who consistently calls. A combination point spread and money line in hockey. The limit on the number of raises in a round of betting.

Secretly adding extra chips to your wager. After the deal has begun. The request, in French, for a card to be dealt. The last card of a certain rank remaining undealt in the deck of cards.

Someone who usually only plays the favored teams. The favored team, athlete or horse. A private 'room' on the screen where players can send messages to other players in real time.

Check in the Dark. When a player checks before looking at their hole cards. When a player checks and then makes a raise after an opponent bets. When multiple players are in a hand and all players check on a given street.

A poker variant played with a single deck of cards and two to four players. Points are assigned based on the strength of each hand compared to the opponent's.

Chip and a Chair. An expression meaning that even a player with one remaining chip could still win a tournament. To share out a pot amongst all players remaining in the hand or tournament.

A popular variant of Sic Bo introduced in England. Also known as Birdcage or Grand Hazard. A game where the maximum bet is limited, usually due to injuries or bad weather.

The time right before keno balls are drawn and no additional bets can be placed. The final list of point spreads offered before game time.

Action taken to call after there has been a bet and a raise. When the players who are betting right are losing frequently. A machine that isn't perceived to be paying out at a high rate.

When you request that smaller value chips be exchanged for larger value ones. A bet on one of the three twelve-number columns on the roulette layout.

A bet that two of the three dice will match two specified numbers. A hand that has draws to multiple hands. Betting for the shooter to win.

The first roll of the game. An added fee that is paid when making a Banco bet. Cards that are dealt face up and can be used by any player in the hand.

Cards of consecutive rank. An action where the player who was the raiser pre-flop bets out on the flop. Used to describe a board that has connected or suited cards.

When the player and the banker have the same hand. The banker always wins the copy. A wager on four bets made by placing chips on the corner of adjacent numbers.

When a hand becomes less valuable after community cards form a better hand. The round of play. To beat the point spread by the required number of points.

To beat a big hand. Ending up with a profit after an online gambling session. The numbers 2, 3, or 12 and also the name of the casino game itself.

In the game of craps, two dice are rolled and certain number combinations win or lose. Players bet on correctly predicting the outcome of the dice rolls.

The button used to bank money in the form of credits. The position sitting to the right of the button. After a shuffle, to divide the deck of cards into two parts, and place the bottom part on top.

D Back To Top. When two or more horses finish in a tie. To distribute the cards. The casino employee responsible for distributing the cards to each player.

A numbered cube with each face showing a unique denomination between 1 to 6. The singular for dice. A line where the juice is 10 per cent.

A bettor who mostly plays the underdog. The doll-shaped marker placed on the table in the square of the winning number. A hand that beats another player's hand because it contains a stronger combination of cards.

Betting for the shooter to lose. To double the original bet and receive one more card. Doubling down with a bet less than twice the original bet.

A bet that pays out the amount of the original wager. A card that is dealt facing down. Down to the Felt. A player who is out of money.

A bet on one of the three consecutive dozens on the table. When a hand is dealt to an empty seat. The 20 keno balls in a round that display the winning numbers.

When no remaining cards in the deck can give a player the winning hand. When a player is drawing to very few outs. The portion of a player's cash that the casino wins because of the house edge.

Used to describe a board that has no connected or suited cards. A bet that two specific numbers will show on two of the three dice.

There are fifteen possible types of duo in Sic Bo. E Back To Top. A dice roll of 4, 6, 8, or Having the advantage over an opponent.

A person's advantage when it comes to sports betting. Being banned by a casino for foul play. The bet is left on the table for the next spin. A roulette variant with a wheel that has 37 pockets and no double zero pocket.

A bet that the total of the three dice combined will equal an even number. A bet that pays back the same amount that a player wagers. Any wager other than a straight bet or parlay.

Also, called a prop or proposition. The maximum amount of money a sportsbook stands to lose on a game. The name given to the cameras in a land-based casino that keep a watchful eye on the action.

F Back To Top. Card with a face Jack, Queen, or King of any suit. A single bingo card. The team expected to win an event. A collection of unmarked, circled spots.

All the individual competitors in the event. The third round of betting when players have all the cards for a five-card hand. The amount owed to or by a bookmaker.

To get a card that completes a full house. The remaining four teams in the NCAA basketball tournament. A bet placed on 11, 22, and To bet a very large wager.

The position to the far left of the dealer and the first to be dealt cards. A bet placed only on the first half of the game. A blackjack variation where a five-card hand that doesn't bust is a winner.

An online software technology Macromedia Flash that doesn't require download. A change of the odds information. The display showing the numbers that make up the keno draw.

Betting the same for each hand with no variation in denomination. When a player calls a bet instead of raising. A slot that pays a fixed jackpot amount as opposed to a progressive jackpot amount.

The first three community cards dealt, face up. A hand comprised of all cards from the same suit. A bet that predicts the 1st and 2nd places for a given event.

Setting a hand incorrectly. A pattern where the corner numbers of the card must be matched to win. A type of tournament that doesn't allow a re-buy. A hand comprised of two cards of one rank and three cards of a second rank.

A poker game with a maximum number of nine or ten players at the table. Bets placed predicting the outcome of a future event. G Back To Top.

A low-value hand that generally should not be played because it is unlikely to win. The device used to mix up and draw the keno balls.

The combined score of goals in all the hockey games scheduled for the day. A matrix that shows the different bets that are possible. Online, players click on the grid in order to place, withdraw or confirm a bet.

A person who does this is called a grinder. See Inside Straight Draw. H Back To Top. A bet placed only on the second half of the game. A five-card hand that is traditionally placed behind the two-card hand on the table.

A two-card hand that is traditionally placed in front of the five-card hand on the table. The cards a player holds, or is using, to make the best combination of cards.

Also, the play between each shuffle of the cards. The person who determines the point spread. The attempt to predict the outcome of sporting events.

The total amount of money bet on an event or group of events. A dice roll of 4, 6, 8, or 10 rolled hard before an easy way or a 7.

A pattern in a straight line without the use of the free space. When only two players are playing against each other in the hand. When there is only one player playing at the blackjack table.

A bet placed on all of the numbers from 19 to The highest card in a player's hand when the player's hand is worth less than a pair.

A poker game where the highest hand wins. A player who plays at high stakes and places large bets. The position sitting to the right of the cut-off.

Betting that the next roll will be a 2 or a A request for an additional card. To make a hand. To spin a winning payline combination. When a player's number matches a number in the round's draw.

The facedown cards that a player or dealer is dealt from the pack. The edge the home team is expected to have. A bet that the next roll will be a particular combination of the dice.

A bet that the next roll will be a 2, 3, 11, or 12, made in multiples of four. A player who is on a winning streak or a table where players are winning frequently.

A machine that is perceived to be paying out at a high rate. A game that is drawing a lot of action on one side from knowledgeable handicappers. When the players who are betting right are winning frequently.

The set of rules that all dealers must follow when constructing their two hands. I Back To Top. The low end of a straight.

Also, known as dumb end or sucker end. In and Out Teaser. When the player picks the favorite, underdog, over and under of the same game.

A bet placed on a specific number. A straight that can be made with a single card that fills a gap in the middle of the straight.

For example, a hand of 2, 3, 5 has an inside straight draw to a 4 being dealt. A type of lottery ticket that immediately indicates on the card if a prize has been won.

When a player raises with the intention of making all other players except one fold. J Back To Top. A big cash prize.

A variation of video poker where only hands that have a pair of Jack or higher win. The 53rd and sometimes 54th card in a deck.

Used as a wildcard. The card that is almost always used as the wild card. The commission the bookie earns.

A group of high rolling players that have been specially flown in by a casino. K Back To Top. A king ticket may contain more than one king.

L Back To Top. A two-card hand that is worth nine points. A two-card hand that is worth eight points. Betting that a 7 will be rolled before the point.

According to some police reports, incidences of reported crime often double and triple in communities within three years of a casino opening.

It has been said that economic studies that show a positive relationship between casinos and crime usually fail to consider the visiting population at risk when they calculate the crime rate in casino areas.

Such studies thus count the crimes committed by visitors, but do not count visitors in the population measure, and this overstates the crime rates in casino areas.

Part of the reason this methodology is used, despite it leading to an overstatement of crime rates is that reliable data on tourist count are often not available.

Entrance to the casino at Resorts World Sentosa , Singapore. View of the Monte Carlo Casino , Monaco. From Wikipedia, the free encyclopedia. It is not to be confused with Gambling House film.

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In Craps, making a hard way bet means going for the total of the two dice on doubles. Say you wanted to go for a hard six, the only way to do it is with two threes.

It is called the hard way because it is not easy to hit. In blackjack, to hit is to take another card. The card that is received by a player is also called a hit.

In Blackjack, the facedown card that the dealer gets. In Craps, a bet strategy where chips are placed with an equal amount on the following numbers: A horn bet is a one roll wager that wins if any of these numbers is subsequently thrown.

A player who is on a winning streak, or a slot machine that is paying out. An organization or an individual that accepts wagers and bets on sporting events or races.

The person that accepts the wagers himself but sometimes Book and Bookie are used to describe the same thing. A game that is limited due to unexpected weather conditions or injuries.

A compulsive gambler who keeps on betting whether he loses or wins. The bets that come in as soon as the wagering lines are available for gamblers.

Bets in which players will win the same amount they wagered. In other words, bets that pay 1: The monetary amount the house or the bookie can stand to lose on a race or a game.

The monetary amount the house or the bookie will theoretically risk on losing a race or a game. A term used to describe players who are placing a lot of bets with large sums.

A bet that is determined by the score of the 1st halftime rather than the entire match. The person who studies a certain sport and makes predictions about the outcome of its matches.

Placing a wager that is the opposite of your initial bet so you can reduce the amount of money you are staking on a game. The advantage teams have when they play at their home stadium because of the familiar playing area, the supporting crowds and the negative effects of travel on the other visiting team.

A bet that one bookie makes with another bookie to balance his bets and decrease his risk on a team or a horse.

The person who sets odds or spread points on a sporting event or race. The team or the player that does not have a lot of chances of winning.

A bet that does not involve a point spread; it is when the bettor picks the winner only. An arena, field, stadium or court where neither team has the advantage of the home field.

The person who is in charge of creating the odds on any sporting match but he does not accept bets. A game that does not exist on the board, which means that no bets for the game are accepted.

The money line or the point spread that is offered to bettors by the sportsbook or the bookie. The odds when they are in the favor of bettors instead of the house or the bookie.

A bet that includes more than one team, all of these teams have to win for the bet to be a winning bet. Placing a bet after the beginning of the match or the sporting event.

A person who is trying to make profit by placing bets on different bookies who offer different odds by betting on the two sides at different prices.

A gambler who is not sophisticated enough. A gambler who does not pay his debts. An establishment that accepts bets made on sporting events such as matches and races.

Specific systems and formulas that are used to determine the winning team to bet on in a match or race. When the odds on a game are in the favor of the sportsbook or the house.

The team or the individual who has a lesser chances of winning in a match or a fight. It refers to a new player who does not know how to play. These terms are used in gambling, most commonly in Sports Gambling and Poker related games.

It stands for Atlantic City. It is a term used to describe players who get an Ace with any 2nd card. It refers to the limit of the pot, it is short for Pot Limit.

It is when players have a Top Pair but with No Kicker. It is when players have a Top Pair accompanied by a Weak Kicker. The exact details can be found on the operator websites that we direct you to when you click on an offer.

We strongly recommend that all visitors familiarise themselves with these terms and conditions ensuring they are comfortable before making a deposit.

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What is Betting Lingo? Betting Lingo Explained Betting lingo is an extremely broad term which includes all the jargon associated with the gambling industry, and also the gambling slang which has been adopted by players and industry insiders.

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