Even though the actuality that web betting is now a multi-billion dollar industry, and countless thousands of new wagerers around the world sign up daily to bet at internet casinos, there are still millions of new players to the environment of web wagering who do not as yet have a clear understanding of much of the dialect used in internet betting, and wagering on sports in general. However, knowledge of these terms is indispensable to understanding the games and policies of play:
ACTION: Any type of wager.
ALL-IN: In poker, all-in means a player has put all of her money into the pot. A side pot is created for the wagerers with remaining chips.
ALL-UP: To bet on many horses in the identical event.
ANTE: A poker phrase for placing a necessary amount of money into the pot just beforeeach hand begins.
BRING-IN: A necessary bet in 7-card stud made by the gambler showing the smallest value card.
BUST: You don’t win; As in 21, when a gambler’s cards total over 21.
BUY-IN: The minimal value of funds required to enroll in a game or tournament.
CALL: As in poker, when a bet is the same as a prior made bet.
CHECK: In poker, to stay in the game and not betting. This is applicable only if no other players bet in that round.
CLOSING A BET: As in spread betting, meaning to put a wager equal to but opposite of the opening wager.
COLUMN BET: To bet on one or more of the three columns of a roulette table.
COME BET: In craps, close to a pass-line bet, but made after the player has achieved their point.
COME-OUT ROLL: A crapshooters initial toss to ascertain a number, or the first toss after a number is achieved.
COVERALL: A bingo term, meaning to fill all the spots on a bingo card.
CRAPPING OUT: In craps, to roll a two, 3 or 12 is an automatic loss on the come-out roll.
DAILY DOUBLE: To choose the champions of the 1st 2 matches of the day.
DOWN BET: To bet that the outcome 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 wager on one or more of 3 groups of twelve numbers, 1-twelve, etc.
EACH WAY BET: A sports wager, meaning to bet on a group or player to win or position in a match.
EVEN MONEY BET: A wager that pays out the same sum as gambled, ( 1-1 ).
EXACTA: laying odds that 2 horses in a race 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 bet carried out on a block of five numbers, for instance 1-2-3-0, and 00.