Despite the fact that web gambling is now a billion dollar business, and countless thousands of brand-new bettors around the world log in each day to bet at web gambling halls, there are still millions of newcomers to the world of internet wagering who do not as yet have a clear understanding of much of the dialect employed in internet wagering, and betting on athletic event in general. However, knowledge of these terms is essential to interpreting the games and rules of play:
ACTION: Any type of wager.
ALL-IN: In poker, all-in means a gambler has risked all of their chips into the pot. A second pot is set up for the players with remaining money.
ALL-UP: To wager on several horses in the identical event.
ANTE: A poker term for placing a necessary value of money into the pot just beforeeach hand begins.
BRING-IN: A mandatory bet in seven-card stud carried out by the gambler displaying the smallest value card.
BUST: You lose; As in blackjack, when a gambler’s cards are valued over twenty-one.
BUY-IN: The the lowest value of cash necessary to get in a game or event.
CALL: As in poker, when a bet is the same as a prior made bet.
CHECK: In poker, to remain in the game and not betting. This is applicable only if no other players bet in that round.
CLOSING A BET: Like in spread betting, meaning to lay a wager on par with but opposite of the opening wager.
COLUMN BET: To bet on any of the three columns of a roulette table.
COME BET: In craps, the same as a pass-line wager, but made after the hurler has established his point.
COME-OUT ROLL: A crapshooters first roll to establish a number, or the 1st toss after a number has been ascertained.
COVERALL: A bingo term, which means to fill all the spots on a bingo sheet.
CRAPPING OUT: In craps, to toss a two, 3 or 12 is an immediate loss on the come-out toss.
DAILY DOUBLE: To pick the winners of the 1st 2 events of the night.
DOWN BET: To wager that the result of an action will be lower than the lowest end of the quote on a spread bet, also known as a "sell".
DOZEN BET: In roulette, to gamble on any of three groups of twelve numbers, one-twelve, etc.
EACH WAY BET: A athletics bet, meaning to gamble on a team or player to succeed or place in an event.
EVEN MONEY BET: A bet that pays the same value as wagered, ( 1:1 ).
EXACTA: Betting that 2 horses in a contest will complete the race in the exact same assignment as the wager – also referred to as a " Perfecta ".
FIVE-NUMBER LINE BET: In roulette, a wager carried out on a group of five numbers, like 1-2-3-0, and 00.