Gambling Glossary

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  • Action

    In gambling terms, an “action” refers to the amount of money wagered or the level of activity in betting. It

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  • Against the Spread

    “Against the Spread” refers to betting on the favorite team to win by more than the point spread, or betting

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  • Aggregate Winnings

    Aggregate Winnings refers to the total amount of money a player has won over a specific period of time, such

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  • American Roulette

    American Roulette is a popular casino game and a specific variant of the roulette wheel and table layout. It is

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  • Anchor

    An Anchor is a specific position at a blackjack table, and it refers to the player who is

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  • Ante

    “Ante” refers to a forced bet that each player must make before the start of a hand or round. The

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  • Automatic Shuffle Machine

    Automatic shuffle machine is a mechanical or electronic device used to continuously shuffle one or more decks of playing cards,

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  • B
  • Back Betting

    Back Betting is the act of betting on an outcome to happen. You are “backing” a particular selection, such as

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  • Back Lining

    Back lining occurs when a bookmaker changes the odds or the line of a bet after a bettor has placed

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  • Bankroll

    In gambling, a bankroll is the total amount of money a gambler has set aside specifically for wagering. It is

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  • Betting Limits

    Betting limit refer to the maximum and minimum amounts that a player can wager on a particular game or bet.

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  • Bluff

    A “bluff” refers to a deceptive play where a player bet or raises with a weak hand, intending to make

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  • Bookmaker

    A bookmaker, often called a “bookie,” is an individual or organization that accepts and pays off bets on sporting and

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  • Buy-in

    A “buy-in” refers to the initial amount of money a player pays to enter a game or tournament. It is

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  • C
  • Card Counter

    A card counter is a player who uses a system to keep track of the cards that have been dealt

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  • Card Washing

    Card washing is a specific procedure used to thoroughly shuffle and randomize a deck of playing cards, most commonly in

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  • Casino

    A “casino” refers to a facility or establishment that offers a variety of gambling games and activities. Casinos are designed

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  • Chip

    a “chip” refers to a small, flat disk used as a substitute for cash in various casino games. Chips are

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  • Community Cards

    “Community Cards” refer to cards that are dealt face-up on the table and are shared by all players at the

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  • Craps

    “Craps” is a popular dice game played in casinos. The name is thought to be a simplification of the French

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  • Credit Line

    A credit line in gambling is a financial arrangement that allows players to gamble with more money than they currently

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  • Croupier

    A “croupier” is a term used primarily in European casinos, particularly in games like roulette and baccarat. It refers to

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  • D
  • Dealer

    A “dealer” is a person responsible for conducting a game, such as blackjack, poker, or roulette, in a casino or

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  • Dealers Bet

    In gambling terms, a “Dealer’s bet” is a specific type of wager found primarily in certain casino table games, most

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  • E
  • Exacta

    “Exacta” is a type of wager commonly found in horse racing. It involves picking the first and second-place finishers in

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  • F
  • Favorite

    A “favorite” refers to the team, player, or outcome that is expected to win a particular bet or game. It’s

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  • Flop

    The flop is a pivotal moment in poker that can dramatically shift the dynamics of a hand, influencing players’ decisions,

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  • Fold

    In gambling terms, a “fold” refers to the action of a player who decides to withdraw from a round of

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  • Freeroll

    A “freeroll” refers to a type of tournament where there is no entry fee required to participate. Despite the absence

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  • H
  • Handicap

    “Handicap” refers to a system used to level the playing field between two competitors or teams that have different skill

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  • High Roller

    A “high roller” refers to a player who wagers large amounts of money on casino games or other forms of

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  • Hot Streak

    A hot streak refers to a period during which a gambler or a particular game seems to experience an unusually

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  • House Edge

    The term House Edge refers to the mathematical advantage that a casino or gambling establishment has over players in any

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  • I
  • Incorrect Bet

    In gambling terms, an “Incorrect bet” refers to a wager that is not accepted by the house or dealer because

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  • J
  • Jackpot

    A “jackpot” refers to the largest possible payout in a game, often associated with slot machines or lottery games. It’s

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  • K
  • Kerry Packer

    Kerry Packer, the Australian media tycoon, left an indelible mark on gambling history through his audacious high-stakes wagers, legendary wins,

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  • Know Your Customer (KYC)

    Welcome Bonus Up To 590% plus 225 Free Spins In gambling terms, Know Your Customer (KYC) refers to the process

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  • M
  • Martingale

    The core principle of the Martingale system is simple: double your bet after every loss, so that the first win

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  • Moneyline

    A “Moneyline” is a type of betting option where you bet on the outright winner of a game or event,

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  • P
  • Parlay

    A “parlay” refers to a type of bet where multiple individual wagers are combined into a single bet. Each selection

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  • Payout

    “Payout” refers to the amount of money a player receives when they win a bet or a game. It is

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  • Pit Boss

    A **Pit Boss** is a senior supervisor who oversees one or more table games in a casino pit. The “pit”

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  • Point Spread

    A point spread is a type of wager used in sports betting, particularly in American football and basketball. It is

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  • Progressive Jackpot

    A “Progressive Jackpot” refers to a type of jackpot that increases or “progresses” over time as the game is played.

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  • Proposition Bet

    A “Proposition Bet” refers to a wager placed on a specific outcome or event that is not directly related to

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  • Punter

    A “punter” is an individual who places bets on the outcome of sporting events or other competitive activities. The term

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  • Push

    A “push” refers to a situation where the outcome of a bet results in a tie. When a push occurs,

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  • S
  • Showdown

    A “showdown” refers to the final stage of a game where the remaining players reveal their hands to determine the

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  • Stop-Loss

    Welcome Bonus Up To 590% plus 225 Free Spins In gambling, a stop-loss is a predetermined level at which a

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  • Table Limits

    Table limits refer to the minimum and maximum bets that are allowed at a specific gaming table. These limits are

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  • Teaser

    A “teaser” refers to a type of bet that allows the bettor to adjust the point spread or total in

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  • Teaser

    A “teaser” is a type of bet, commonly found in sports betting, where the bettor adjusts the point spread or

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