If you place a bet on something at even odds, you are risking winning or losing the same sum of money. Betting terms - Online betting glossary. Find a comprehensive list of all the gambling terms for casino, poker, and sports betting - everything you'll ever need to know! Category:Gambling terminology Phrases and terms connected with gambling. Betting Terminology. Straight bet. Australian Gambling Slang Terms: Comprehensive Guide. For example: If the Buffalo Bills are favored by 10. Boxman: Table supervisor seated between the dealers and opposite the stickman. If you win that wager, your bankroll jumps to $5,050. We'll help you sound like a pro on any online gambling site. ”. Roulette is probably the first thing that comes to your mind when you think of casino going. All or Nothing: A player will win if he has all the cards. Craps Glossary and terms. Accumulator – A bet combining several selections in one betslip. A wager that the shooter will roll a 6 before a 7. Here are some dog names based on betting terms! 26). You may also find our horse racing terminology, types of bets and how to bet pages useful. ” This refers to markets that are available during the game and are updated in real time. Wheel Strategies — Tactics used to take advantage of flaws on the roulette wheel in order to gain an edge. For example, a “backed” horse is one on which the bet has been placed. So with no further ado, here are all the must-know casino gambling terms explained. 1X2 betting – 1X2 betting, meaning Team 1, Draw (X), Team 2, is a type of betting where the bettor bets on the outcome of a game with three possible results: Team 1 wins, draw, or Team 2 wins. 67%. Basic Betting Terms You Need to Know: 1. Here are the most common gambling. Sam Barnard. Sports betting glossary: general sports betting terms for dummies. It’s easy to get a little overwhelmed by all the terminology when hitting the casino for the first time. 3. Belly Buster. VSiN, The Sports Betting Network, has you covered with this list of terms to improve your betting IQ. You are “giving” the underdog team a certain number of points in order to get longer odds than a moneyline bet would offer. "We work hard to ensure that our readers find the best gambling sites out there, not just those that offer a great bonus, but those that offer a fun, safe and rewarding experience for players. Continue reading along as we discuss terms such as handicap bets, closing lines, fixed odds, head-to-head betting, Wincast betting, ante-post, horizontal wagering, exotic wagering, and so many more. There are many types of systems, based on either negative or positive progressions. Betwinner Review. VS: Opponent for the team Result: Result in the last game played between the 2 teams ATS: Against the spread result in the game O/U: Over/Under result in the game M/L: Closing. A betting line where both sides pay a 10% commission. Bones: Another name for dice. Hold – The percentage amount the sportsbook makes. . Multiple bets are allowed in a single game. Also called midnight. A Glossary of Horse Racing Terms. - A gambler that typically bets on the underdog. Here are 11 swindling slang terms from The Grifters, and the stories behind them. Double Chance – one of the basic soccer bets. 4X. Gambling covers more than a trip to the casino or an illicit poker game – it includes lotteries, online poker, and sports betting, and there's a debate over whether it also includes daily fantasy sports leagues. Betting System: Players will use betting systems or strategies in blackjack to effectively manage and increase their bankroll. Albatross: This golfing term describes when you score 3 below par on a hole. A gift given by managers to favored patrons, such as meals, room, or show reservation. Basket Bet: This is one of the American roulette terms. The world of sports betting can be overwhelming to beginners, partly due to the obscure lingo that has become commonplace within the industry. The “money line,” in betting terminology, refers to the integers that show the payoffs for betting on a game. This makes it easier to avoid the risk of wagering with more than you can afford to lose. Casino glossary A to F, gambling terms, meaning of words: Terminology, Jargon, Slang, Vocabulary. Facebook Twitter Instagram. We're betting on whether both teams will combine to score over or under 43. Action: Total sum of all wagers. Betting Terminology. Common futures bets include betting a team to win a championship at the outset of a season, or betting whether the team will win or lose more games than a set line at the start of the season. The “money line,” in betting terminology, refers to the integers that show the payoffs for betting on a game. Common futures bets include betting a team to win a championship at the outset of a season, or betting whether the team will win or lose more games than a set line at the start of the season. Against the Spread – The result of a game that involves a point spread. There are a number of different terms that should be understood by players of a beginner’s level and. ”. Sports betting has a rich lexicon of slang and specialized jargon, just like any other industry culture. The standard vigorish is 10 percent on each wager. This is very important to professional gamblers. The house edge is most commonly expressed in. GG is common gaming lingo online. Hold –The percentage the house wins. Here are 20 of the most commonly used casino terms and phrases: Action. This gaming slang is the word “Owned,” and due to the proximity of O and P keys, they’re interchanged. Joker: A wild card, the 53rd one in a deck. The point spread represents the margin of points in which the favored team must win the game by to “cover the spread. The term "book" is a reference to the books used by wage brokers to track wagers, payouts, and. Cover the spread: When the favorite wins by more than the point’s spread handicap they have ‘covered the spread’. In sports betting, a pony is British slang for a sum of $25. Numerous casino and lottery games have been on the gambling scene for decades, even centuries. . 5 points subtracted from their score. Subcategories This category has the following 2 subcategories, out of 2 total. The following is a glossary of terms used in the dice game craps. Pony. action. ”. If any of the bets in the parlay lose, the entire parlay loses. Drift: Betting odds that grow longer after the opening line is posted. Betting against the spread involves picking the favorite or underdog in a contest. Here is a list of common gambling terms and sports betting definitions that can help you understand the industry better, be a better sports bettor, and just generally feel more comfortable when discussing the subject. 5 as well as Rams +3. Flat Betting: a betting strategy. In sports betting, “PK” is an abbreviation for “pick” or “pick’em” and refers to even money wagers in point spread betting. Get familiar with common terms used in betting. Other Gambling Terms. 21. StickmanA casino employee at the craps table, responsible for passing the dice to the shooter and announcing the outcome of rolls. 5 points added to their score, one team will have 3. A player who is a big tipper. Location-based games (1 C, 21 P) R. When the term “against the spread” is used in a sports betting context it refers to a bet on the point spread, which is a wager that a bettor can make on how many points/goals/runs a team will either win or lose by in a given game. Boys or The Boys: Slang for the Dealers. Guide to Betting. Other Gambling Terms. g. ACTION This just means you are making a bet. As sports betting expands across the United States, newcomers are learning there’s more to the activity than just the moneyline—that is, simply betting on the winner of a game or event. Dog Player. Yo is slang for rolling an 11 and is used to avoid confusion over hearing a 7. Winning the parlay is dependent on all of those wagers winning together. B. NFL betting terms or lingo can frequently be confusing for a novice. Vigorish — The term used for indicating casino commissions for specific bets. In other words, your wager is returned if the game finishes level. This term shows signs of a good process if the customer is. Ace in the hole: Stemming from the hole card in poker, this is a hidden advantage a player can use to assure victory. Example: Patriots -140. Bad beat: this is when a punter loses a bet they must have won. In other words, you have to wager $110 to win $100 on your bets. Aggregate Limit: The overall payout liability during a game by casino. Also known as “Moneyline odds,” these are shown as plus or minus. Master Gambling Poker Terminology: The Ultimate Guide. Odds: The potential return on your bet, and is usually expressed in formats like American (-110), Decimal (1. Consensus – is having everyone on the same page when betting. 01. It has been a popular pastime for centuries, and in recent years, it has seen a surge in popularity, thanks in large part to the widespread legalization of sports betting in various parts of. ; Ante-post – A bet used in horse racing to define a wager placed before the start of the race. Their role is the primary factor in turning a profit for bookmakers, and also a crucial factor for bettors to learn and respect. If you’re new to the betting on sports and find the terminology a bit intimidating, don’t. Gambling is the luck of the draw, but it’s also a sport that takes some time and practice to master. In this example, sharp money forces oddsmakers to move the line in the opposite direction of the popular side, to account for sharp bettors. Betting on horse racing generated $27 billion in revenue in 2019, and if you ever get the chance to attend a meeting, it's a memorable experience. Added games are simply more games added to the schedule by popular demand. 27). * A to F . ”. Most progressive jackpots are tied to multiple machines so the jackpot grows quickly. High Roller - A high-stakes gambler. Sports Betting Explained: 15 Common Terms You Need to Know with our own Erin Kate Dolan! 15 of the most popular sports betting explained in this video to hel. GG. Our glossary to sports betting terminology makes familiar phrases, meanings, and gambling slang simple for any bettor to learn. Stake: The sum of money wagered. This is the term used mostly in FPS shooters. Doubles bets: ab, ac, ad, bc, bd, cd. Baccarat. Chalk – means that side of the bet is the favorite. When a player bets against the shooter. Third-Person Shooter / Over the Shoulder. They are also the birthplace of the phrase “scared money”. House: A casino or gambling center. 95 on a $100 bet. 5 as well as Rams +3. Steam: Describes a substantial move in a betting line or odds, usually caused by the amount of money being wagered. This is a full cover bet as each selection appears in at least two doubles and the treble. Session — The session refers to the time players spend while gambling. To put it in even simpler terms, at -188 odds, she would have to invest $188 for a $100 profit. See this glossary entry for advice on value betting. Similar to “backed in”, “firm” and “shorten. Example: Patriots -140. Here are some key terms you’ll encounter when betting on cricket: Over/Under: This is the most popular bet in cricket and refers to how many runs will be scored by either team in a given inning. 1. Glossary. Bad Beat - A bet that looks like the bettor is going to win but doesn't. com - Offers a diverse selection of games, including exclusive. ”. Outright Betting. Trixie. Having said that, if you look closely, you will find that it is mostly about everyday gaming terminology you already know, but with a crypto twist or replacing fiat money with crypto. Closing Line Value – means the value of a bet relative to where the line closes. A. Inside bets: A roulette bet placed on a number or series of numbers rather than betting on the winning color or whether the winning number will be odd or even. When betting against the point spread, bettors are asked to lay 11-to-10 odds, which means that they risk $11 to win $10. Matched Betting – An underdog that has a large price to win a competition. Simple & Flavorful Bloody Mary Recipe – Impress Your Friends. Box Numbers: Place bet numbers, 4-5-6-8-9-10. Fish: slang for a losing gambler. So, to help you become a more knowledgeable bettor, learn the. TokeA tip to the dealer. For those uninitiated, gambling jargon can be confusing. When oddsmakers release a betting line on a game, the first thing they do is decide which team should be the favorite and which should be the underdog. Money that a player has set aside to gamble with as an appointed amount. Besides the terms listed here, there are thousands of common and uncommon poker slang terms. But it can also be intimidating, as each game comes with its own unique set of rules and. Wheel Roller — Slang term for the roulette croupier or dealer. g. Action – Any kind of wager or bet placed. Big Six. Dutch the bet by putting £75 (potential profit £225) on bet one and £25 on bet two (potential profit £125). As you’d expect, they also have a generous. Hitting your needed cards on the turn and the river to make your hand. ). Betting strategies are collections of tactics used to give bettors an edge over bookmakers. Variance – A term used to describe the ups and downs of a poker players career. It is commonly a term used in spread betting, especially for NFL games, where spreads are often expressed in half-point values (e. You could choose to bet, say, three "units" on one game and four units on another. Backdoor Cover: when a team wins to wrap the spread. The hook is a sometimes a critical portion of betting ATS or totals, as lines with a hook cannot push. Dissociation is an altered state of consciousness (i. Expected Value (+EV, -EV): A term used in statistics and finance. A Trixie bet consists of four bets over three selections and is popular in gambling. Affiliate: used to describe a tertiary party, normally running a website, that advertises online casinos and is financially compensated for doing so – either through referral traffic or for paid placement. 5, one team will have 3. Advantage Player: This refers to a player that has a certain advantage over the casino. Spread - An abbreviated form of "pointspread. American Odds. Meaning that 1 unit is $10. By becoming familiar with Poker terms, a player can be more efficient in their poker play. 5 points added to their score, one team will have 3. There’s also “Calamity Jane” for the queen of spades and “four. Adding on to that, there are several different bets that you can actually place, each with a different meaning, purpose, and requirement for winning. How We Rank Gambling Apps. We decided to compile this grocery list of terms to help you comprehend the most commonly used jargon in the. Skinny McKinneyA slang term for a roll of seven. Line –The current odds or pointspread on a particular event. Black Chip – a $100 chip that players make a “Black Action” with. Sides - The two teams or athletes playing - the underdog and the favorite. A horse that is racing on the rail and is surrounded by other horses in front, outside and behind it. Wheel Strategies — Tactics used to take advantage of flaws on the roulette wheel in order to gain an edge. Even Odds. Betting against the spread involves picking the favorite or underdog in a contest. ”. If you bet the “under,” then naturally, you’re hoping both teams combine for 46 points or fewer. g. "GGEZ" adds "easy" to the end of the term, which mocks the other team by saying it was an easy win. This handicap is often called the 'line'. If your favorite wins, you will receive $150, and if your favorite loses, you will lose $250. Deposit — The money you pay the online casino to add gambling funds to your betting account. ; Arbitrage betting – This is a strategy that guarantees. Bookie. These are three doubles and one treble. Blacklist: When a casino is listed as not being safe and fit enough to play at. Betting Terminology. Circle Game: Game where action is limited due. Even Money - A wager on which neither side lays any odds or vigorish. Frags. Vegas 7 games. This information is generally kept track of on the players slots club card offered by most casinos. The probability of this bet is 13. Firing: slang for placing large bets. Against the Spread (ATS) – Refers to taking or laying points (aka the spread) as opposed to taking a game straight up. Basic Gambling Terms. Gambling Terms & Phrases: Casino Terminology You Should Know. Now that we have given you a quick overview of the most popular, well known blackjack terms, let’s take the next step and have a look into each one and provide. Advantage Player: This refers to a player that has a certain advantage over the casino. French Roulette. A misspelling of ‘owned’, if you’ve been pwned it means you’ve been beaten in a game. 28). ; Action – Generic term for the amount of bets placed on a game or sporting event. Nowadays, in addition to the land-based venues, we have a vast number of online. SU: An abbreviation for Straight Up. [GA2005, s4] Gambling Act 2005. We also cover the terminology. While there are a lot of phrases and jargon associated with betting, most of them are logical and even the more obscure gambling slang will become second nature in a short space of time so get online with greater confidence with this. Consider this a list of horse racing terms for dummies, as we go through both general and specific horse racing and betting terminology that you might encounter in a day at the racetrack or when betting at the best horse racing betting sites online. angle: same as “cut angle;” or, a gambling approach or advantage (e. So, in the FONBET rules, the first paragraph is called "Basic concepts and general provisions": See this glossary entry for advice on value betting. This way you will win £200 if bet 1 wins, and £25 if bet 2 wins. Progressive Jackpots. We bring you an A-Z glossary of sports betting terms for beginners to learn. As a beginner, visiting a land-based gambling venue or playing at a live casino site can be intimidating for a while, owing to the various gambling terms and specific gameplay rules you need to know. Action – Any single type of bet. American Odds reveal the amount you must wager or can win on any selection based on $100 increments. In sports betting, a pony is British slang. Both selections must be successful to win the bet. 7 %âãÏÓ 3661 0 obj > endobj 3680 0 obj >/Filter/FlateDecode/ID[5D7FF99C0FA5423198F6701609F48329>3A9BE30EF1959F48969461C688CD4AA2>]/Index[3661 40]/Info 3660. Sharp: A professional bettor, sometimes wrongly known as a “shark. Exacta: A bet in which the player attempts to pick the 1 st and 2 nd place horse on one ticket. Exposure - The maximum amount of money a sportsbook stands to lose on a game. Favorite – The team considered most likely to win anevent. Abandoned – When a race meeting has to be. Keno: Keno is a lottery-like gambling game often played at modern casinos, and also offered as a game by some lotteries. Please Gamble Responsibly. The betting exchange was introduced in the United Kingdom with the arrival of Betfair. “I know you are. A bet where each outcome has a + or a - handicap applied to it. Action – A wager of any kind. I. Gambling terms and phrases that players tend to use less often include “dead man’s hand” – for a poker hand including two aces, two 8s and any other card – based on the hand the aforementioned Wild Bill was holding when Jack McCall gunned him down back in 1876. Supreme Court cleared the way for all 50 states to offer it. a betting style where players double their bet after losing a hand: Expanding Wilds: the bonus features offered by slot games: Face Cards: cards that contain faces: Kings, Queens, and Jacks: Flat Betting:. Shorthand for underdog, or the side that is deemed less likely to win a sporting event. which suggests that stake should be proportional to the perceived edge. Here are a few gambling terms to help stay ahead in the game (and to know when to step away if needed). In other words, you have to wager $110 in order to win $100 on your bets. GG – Good game. Contrarian – means betting against the average. D’Alembert Betting System — A betting system employed by players in casinos. A 1-5 bet spread refers to a betting strategy of a 1 unit minimum per hand and a maximum of 5 units per hand. The winner of the point spread is the team that 'covers' the spread based on the line and the final score. For example, if there's one heart on the board and you have two in your hand and two more hearts show up on the turn and river, you've hit a "backdoor" flush. Action - A bet or wager. Betting Wrong. A bet that places all of a player's chips into the pot. Source: pexels. Then multiply this by a bet amount of $10: 6. 1. The terminology new bettors encounter early in their gambling careers can cause consternation, and in turn hamper their ability to focus on the more important aspects of successful betting. These games include titles like Gears of War, The Division, Mass Effect, and more. Only customers aged 21 and over are permitted to wager on our offerings. Sports Betting & Gambling Terms. Gambling Terms through Tables: Action: The total amount bet during the time on table on wager. Aggregate Limit: The overall payout liability during a game by casino. Added Game – A game that is not part of the regular Las Vegas rotation. The bettor wins if the horse finishes first or second. In sports betting, the vig. Bottom Track – the track of the wheel that the ball spins into before landing in a slot. Crypto Gambling Terms: Games. Deuce — Rolling two 1s in dice. Teaser. Example: If you choose Green Bay to beat Chicago -4 points (-4), and that’s the. 20. Action: A wager of any kind and the total amount of money being wagered on any game. Then subtract the original bet amount: 69. 21 hours ago · Betting Terminology. In Japan, most forms of gambling are generally banned by the Criminal Code chapter 23; however, there are several exceptions, including betting on horse racing and certain motor sports. Get to know the lingo of all things gambling. Moneyline – Bettors just have to predict the winner of a match. Page Contents. Press. Cover: The betting result on a point-spread wager. The spread essentially levels the playing field for gambling on a sports contest, introducing a so-called. H Handicapping (2 C, 7 P) P Poker gameplay and terminology (3 C, 73 P) Bookmark our glossary of betting terms and use it as a reference if you come across an unfamiliar word or phrase while placing bets. Handicapper – A person who studies and wagers on sporting events. This gives both outcomes a win probability of 52. Hedging – Betting the opposite team or side of your original wager in order to either try to middle the game, or to reduce the downside exposure of the original wager. Collectible Card Game. So with no further ado, here are all the must-know casino gambling terms explained. In the context of gambling, “action” refers to the act of placing bets or participating in wagering. Often combined with HF to form the phrase “gl hf” or “good luck, have fun. Starting off at Online Casinos can be intimidating. If the odds have a plus, that means you'll win that amount of money if you win the wager. A single wager of money on a gambling game. In gambling, particularly in sports betting, to press means to bet a larger amount than usual or to double up. This list may not reflect recent changes. - A gambler that typically bets on the underdog. VS: Opponent for the team Result: Result in the last game played between the 2 teams ATS: Against the spread result in the game O/U: Over/Under result in the game M/L: Closing. Croupier: A term most commonly used in European casinos in games such as Baccarat or Craps. Odds: The likelihood of a particular outcome or event happening, expressed as a ratio or a fraction. Juice: The sportsbook’s commission placed on each bet also called “vigorish”. 02:25 Jul 17th, 2018 Games Online Gambling , Slots. This is a player with an already developed playing style, but with an easily predictable one. Edge: An advantage a gambler may feel they have through extensive research of a game or a team. Bettors often double their bet when they feel one side is vastly superior to another. Reading a Point Spread. Gambling Stake — Amount of money reserved for gambling. Try Your Gambling Slang at The Top Casino Sites Action. Your Ultimate Guide to a Perfect Turkish Ice Cream Recipe. Sports Betting Terms & Glossary. The bettor can combine two or more wagers and adjust the point spread or total line by a predetermined number of points in their chosen direction. 27-20). Betting Terminology. Odds: This term refers to the likelihood of a specific outcome happening. Video game terminology (4 C, 176 P) Pages in category "Game terminology" The following 31 pages are in this category, out of 31 total. Dollar Bet. . For those uninitiated, gambling jargon can be confusing. Author: Courtney Graham. Juice: Also called Vigorish, Juice represents the commission taken by the house (casino). The bet wins if these cards form three of a kind, a straight, a flush, or a straight flush. Like most sports leagues, sports betting also has its own lingo. Betting Odds Explained. In sports betting, a pony is British slang for a sum of $25. The main principle revolves around increasing a bet by 1 unit when you lose, and decreasing it by 1 unit when you win. Bookmakers inflate the perceived likelihood of an event - as represented in their odds - suggesting it is more likely than underlying probability. Some of the words are unique to the world whilst others are borrowed from the English language and mean something quite different outside. If a customer consistently beats the closing line, they are said to have positive CLV. Sports Betting Terms & Glossary. A wheel that has been rigged by the casino. A variant of European Roulette which may offer La Partage or the “en prison rule“. When you bet the moneyline, you are simply betting on one team to win a game. DERBY: Referred to as “pintakasi”, this is a cockfighting event (also sometimes known as party sabong) where bettors decide on and engage in a certain number.