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Gambling Lingo Accountant VideoEpisode 2: Casino Terminology and Slang Slang for a sportsbook or casino that offers sports gambling. Straight Up Winner A straight up bet means you just need the team to win the game outright as opposed to covering a point spread. Knowing what each gambling lingo term means can help explain terminology used in online gambling. Amount of money put into play (action) during a gambling session. A compulsory bet of equal share that is placed into (for instance a poker hand) the pot before gambling continues. A card game with several variants in which players bet on whether the player, or the dealer, has the winning hand from a two-card or three-card hand. Winning hands are determined by achieving a. Bus Zum Spielen example, a bettor might decide he wants to have his team Videopoker a 3-point underdog instead of the Psg Soccerway line of Magnum White Cookies. LIVE betting odds will change often as the first 12 minutes of the match play out. Handicapper: A bettor who researches matchups and then places a bet.
Card Sharp: expert card player, found at the money games like poker, blackjack and baccarat. Carpet Joints : casino terms referring to 5 star luxury casinos.
May you visit often. Casino: origin of the word refers to a public music and dance hall. Casino Advantage: casino or house edge when playing the games, usually reported as a percentage.
Example: the casino advantage for double-zero roulette is 5. Chase: after losing, casino players will attempt to get back monies with additional bets.
Cheques: the historical, correct term used in reference to playing chips. Chips : round discs with designated currency denominations and colors that are played instead of real money.
Obvious tip here--they are real money! Chip Tray: holds the chips stock placed nearby the dealer—another case of real money. Cold: term for a player, craps table or slot machine that is no longer on a winning streak.
Coloring Up: when you take those five-dollar chips and exchange for larger denominations, possibly hundred-dollar chips, then you are coloring-up.
Comp: as in freebie or points, these are the dining, beverage, hotel rooms and benefits received by casino players based on their wagering and time played.
If you are new to the casino world, or are trying out a new game, it's easy to get a bit overwhelmed by the jargon and new casino terms.
Our Ultimate Gambling Glossary is designed to help. Here you can familiarize yourself with phrases, casino terms, gambling meanings, slang terms, definitions, and the online chat abbreviations of the gambling world.
We update our gambling terms and glossary guide regularly too, so you can always check back whenever you come across a new term you haven't encountered before.
Meaning a club or public building where social activities, including gambling, took place. Originated in Italy in the 19th century.
Originated in France where it was known as 21 or Vingt-et-un but is a spin-off of the Spanish game of 31 or Trente-et-un played in the s.
Arbitrage Arbitrage is a clever betting strategy that takes advantage of different betting lines at different sportsbooks. B Backdoor Cover When a team is trailing the point spread by scores enough points late in the game to cover the spread.
Backer Someone who is bankrolling a gambler from behind the scenes. Beard Someone who places a wager on behalf of someone else.
Betting the Limit Wagering the maximum amount allowed by the casino or sportsbook. Betting Ring An organized group of professional gamblers working together.
Also called a syndicate. Betting Line The odds or point spread on a game or event. Bonus A special offer or promotion offered by a sportsbook where they give potential customers a free bet or bonus cash in order to entice them to sign up.
Book A slang word for bookmaker or sportsbook. Bookie A person who takes bets. Bookie usually refers to an illegal bookmaker. Bust Going broke, bankrupt, losing your bankroll.
Buying Points Sometimes gamblers are allowed to change the lines and odds set by the sportsbook. C Canadian Line A combination of the point spread and the money line in hockey.
Closing Line The official betting line set on a game or event before it begins. Consensus Pick Consensus pick refers to how the betting public as a group have placed their bets on a game.
Cooler Someone who is thought to be bad luck. D Data Mining The practice of analyzing a large number of statistics in the hopes of discovering information that can help predict outcomes and performance.
Degenerate Someone with a gambling problem. The team that is predicted to lose. Double Action A bet that only plays if another connected bet that precedes it wins, ties or gets canceled.
Dual Forecast A bet used in horse and motor racing whereby three racers are selected. E Edge The advantage, real or perceived, that the gambler or the casino has on winning a bet.
Exotic A special category of proposition bets that rely on specific outcomes other than which team wins the game. Exposure The total amount of money a sportsbook or casino stands to lose on a game or event.
F Favorite The player or team that is deemed more likely to win. Figure The amount owed either by or two a gambler or sportsbook.
Fixed A game is said to be fixed if the outcome has been determined or influenced by unfair factors.
Futures Bet A kind of proposition bet, a futures bet is usually made at the beginning of the season on which team will win the division or championship.
Capping: It is a form of cheating, mainly utilized in roulette. A player puts more chips on to the original pile to increase his earnings.
Card Counting: Blackjack players count cards in order to assess the probability of the next card combinations.
Card Washing: Dealer mixes the cards as if he washes them in order to prevent consistencies. Here is a video about how to wash a deck of cards. If he wins the previous bet, then he reduces the bet one unit.
Deposit: Depositing money to online casino accounts before wagering money on online casino games. Double or Nothing: A bet which either doubles the wagered amount or gives nothing.
Doubling Up Martingale System : A bettor doubles his previous lost bet so as to recover the loss amount. End-of-the-day Betting Effect: Bettors tend to stake higher amounts through the end of their betting sessions in order to recover the money they have already lost.
En Prison Rule: Some casinos allow players to stake half of their bet if they lose in roulette. If the player loses the bet, another spin is granted to player to recover the lost stake.
If the second bet is lost zero as well, then the player loses the entire stake. This is valid only for even-odd bets. There are called flop.
Fourth Street: In seven card stud poker, players have four cards on the second round of betting. Therefore, the round is called the fourth street.
Fifth Street: In seven card stud poker, players have five cards on the third round. Therefore, this round is called the fifth street.
Eventually, they use up all of their bankrolls. George: We are not talking about the former US President Bush.
In a casino, George is the gambler who tips the dealer. Grease: There is a term to hide every illegal activity in casinos. Cover To correctly pick the winning side of a point-spread bet.
Exacta Wagering on the first three finishers of a race, predicted in the correct order. First-Half Bet A wager on the first half of a sporting event only, and not the outcome.
Future Wagering on a long-term winner, usually on the champion of a sports league i. Gamble To bet or wager on the outcome of a sporting event, most often within the parameters of agreed upon odds.
Handicapper The entity, person or establishment that decides the given odds or betting line of a sporting event. Hook A half-point on a betting spread.
House The sports book taking the bet or wager. Laying the Points Betting on the favorite but sacrificing points on the spread or money line.
Limit The maximum wager allowed by a sports book or establishment. Croupier Dealer meaning croupier in French. Designated Dealer Poker games such as Texas hold'em the gambler sitting left of the dealer bets first.
In poker rooms where they have a static dealer, each player is a proxy designated dealer for each hand. Dividend Payout or return on any give wager or bet.
Down Card A card not showing its face value. Dont Come Bet Craps - A wager placed on the Don't Come Bar. Same rules as the Don't Pass Line, except placed after the come-out roll.
Dont Pass Bet Craps - A wager placed prior to the Come-Out Roll that a seven will be rolled before a point is repeated.
Dont Pass Line Area on the layout where Dont Pass Bets are placed. Double Up Increase a bet on a hand after the first two cards are drawn.
Double Down A second bet of equal value to the first on a blackjack hand. When a double down is bet the player receives only one card in addition to the players original cards.
The dividend of such a game is divided between those players who hold a draw. Edge Normally known as the "house edge" a term used to describe the percentage advantage the house holds on each gambling game.
It also can be used to describe a player; that player over there has an edge over those at that table as he is a skilled gambler.
Even Money Pay off 1 to 1 Expected Win Rate Percentage of the total amount of money wagered that you can expect to win or lose over time.
Face Card King, Queen or Jack of any suit.I was wondering about some fun gambling vocabulary maybe specific to table So i guess when someone is playing craps they'd just use english terms for. The casino wouldn't spot it, but Jack was wary of the punters. Before going into the gambling terms, here are some of the general terms and abbreviations that. Gambling terms for losing. Diversion Glossary: Amusements Indulgent Jargon as well as Words. Gaming Prefigure Vice Patois Thesaurus aims in the direction of. Vegas Lingo Guide. If you're heading to Las Vegas for some gambling, you'll want to read up on some of the slang associated with gambling and casinos.