Regardless of the reality that web wagering is now a billion dollar industry, and boundless thousands of additional gamblers around the world sign on every day to wager at internet gambling dens, there are still millions of newbies to the environment of internet wagering who don’t as yet have a clear understanding of much of the terminology used in web betting, and wagering on athletic event in general. However, understanding of these terms is essential to interpreting the games and policies of play:
ACTION: Any type of bet.
ALL-IN: In poker, all-in means a player has deposited all of his chips into the pot. A side pot is set up for the bettors with additional chips.
ALL-UP: To bet on many horses in the same contest.
ANTE: A poker phrase for allocating a specified value of money into the pot prior to the start of each hand.
BRING-IN: A necessary wager in 7-card stud carried out by the player displaying the smallest value card.
BUST: You don’t win; As in vingt-et-un, when a gambler’s cards total over twenty-one.
BUY-IN: The minimum value of chips necessary to enter a game or event.
CALL: As in poker, when a wager equals a previously made bet.
CHECK: In poker, to stay in the match without wagering. This is allowed only if no other players bet in that round.
CLOSING A BET: Like in spread wagering, meaning to place a bet equal to but opposite of the initial bet.
COLUMN BET: To wager on one or more of the three columns of a roulette table.
COME BET: In craps, close to a pass-line wager, but carried out after the shooter has achieved his number.
COME-OUT ROLL: A crapshooters initial roll to establish a number, or the first roll after a point is ascertained.
COVERALL: A bingo term, which means to blanket all the numbers on a bingo card.
CRAPPING OUT: In craps, to toss a 2, 3 or 12 is an immediate loss on the come-out toss.
DAILY DOUBLE: To pick the winners of the 1st two races of the night.
DOWN BET: To wager that the outcome of an action will be smaller than the lowest end of the quote on a spread bet, also referred to as a "sell".
DOZEN BET: In roulette, to bet on one or more of three groups of 12 numbers, one-12, etc.
EACH WAY BET: A sports bet, which means to wager on a team or player to succeed or place in a game.
EVEN MONEY BET: A wager that pays out the identical number as wagered, ( 1:1 ).
EXACTA: wagering that two horses in a match will finish in the exact identical order as the bet – also referred to as a " Perfecta ".
FIVE-NUMBER LINE BET: In roulette, a bet carried out on a group of 5 numbers, for instance 1-2-3-0, and 00.