Even though the fact that online betting is now a billion dollar business, and countless thousands of additional gamblers world-wide log in every day to wager at internet gambling dens, there are still millions of newbies to the world of internet betting who do not as yet have a good understanding of much of the doublespeak used in web wagering, and gambling on athletic event in general. Notwithstanding, knowledge of these ideas is necessary to comprehending the games and policies of play:
ACTION: Any type of bet.
ALL-IN: In poker, all-in means a player has deposited all of their chips into the pot. A side pot is developed for the bettors with remaining chips.
ALL-UP: To wager on many horses in the same event.
ANTE: A poker term for placing a specified value of chips into the pot prior to the start of each hand.
BRING-IN: A required bet in 7-card stud carried out by the player showing the smallest value card.
BUST: You lose; As in blackjack, when a player’s cards are valued over 21.
BUY-IN: The the least value of cash required to enroll in a match or event.
CALL: As in poker, when a wager is the same as a prior made wager.
CHECK: In poker, to stay in the game and not betting. This is allowed only if no other players wager in that round.
CLOSING A BET: Like in spread wagering, meaning to place a bet equal to but converse of the starting bet.
COLUMN BET: To bet on one or more of the 3 columns of a roulette table.
COME BET: In craps, the same as a pass-line wager, but made after the shooter has established his point.
COME-OUT ROLL: A crapshooters initial roll to achieve a number, or the initial toss after a number has been arrived at.
COVERALL: A bingo term, meaning to blanket all the squares on a bingo sheet.
CRAPPING OUT: In craps, to toss a 2, 3 or 12 is an immediate loss on the come-out roll.
DAILY DOUBLE: To choose the champions of the 1st 2 events of the tournament.
DOWN BET: To bet that the result of an action will be smaller 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 3 categories of 12 numbers, 1-12, etc.
EACH WAY BET: A sports bet, meaning to wager on a group or player to succeed or medal in a match.
EVEN MONEY BET: A bet that pays the identical value as wagered, ( one to one ).
EXACTA: Betting that 2 horses in a match will finish in the exact same assignment as the bet – also known as a " Perfecta ".
FIVE-NUMBER LINE BET: In roulette, a wager made on a group of five numbers, such as 1-2-3-0, and 00.