Despite the reality that online betting is now a multi-billion dollar industry, and countless thousands of brand-new gamblers around the world log in each day to bet at internet gambling dens, there are still millions of new players to the world of web betting who do not as yet have a clear understanding of much of the dialect used in online betting, and betting on athletic event in general. Notwithstanding, knowledge of these ideas is essential to interpreting the games and policies of betting:
ACTION: Any type of wager.
ALL-IN: In poker, all-in means a player has risked all of her chips into the pot. A side pot is created for the wagerers with additional money.
ALL-UP: To wager on many horses in the same race.
ANTE: A poker phrase for allocating a required value of money into the pot prior to the start of each hand.
BRING-IN: A necessary wager in seven-card stud made by the gambler displaying the smallest value card.
BUST: You lose; As in 21, when a gambler’s cards exceed a value over twenty-one.
BUY-IN: The minimal amount of funds necessary to get in a match or tournament.
CALL: As in poker, when a bet equals a previously made bet.
CHECK: In poker, to stay in the match and not betting. This is acceptable only if no other players bet in that round.
CLOSING A BET: Like in spread wagering, meaning to make a bet equal to but converse of the initial bet.
COLUMN BET: To bet on any of the 3 columns of a roulette table.
COME BET: In craps, similar to a pass-line wager, but made after the shooter has arrived at their point.
COME-OUT ROLL: A crapshooters initial roll to establish a point, or the first roll after a point has been established.
COVERALL: A bingo term, which means to blanket all the spots on a bingo card.
CRAPPING OUT: In craps, to roll a 2, three or 12 is an automatic loss on the come-out roll.
DAILY DOUBLE: To choose the winners of the initial 2 events of the night.
DOWN BET: To wager that the result of an action will be smaller than the smallest end of the quote on a spread bet, also known as a "sell".
DOZEN BET: In roulette, to wager on any of three groups of twelve numbers, one-12, etc.
EACH WAY BET: A sports gamble, meaning to gamble on a group or player to win or medal in an event.
EVEN MONEY BET: A wager that pays out the same amount as wagered, ( one to one ).
EXACTA: gambling that two horses in a race will complete the race in the exact same assignment as the bet – also referred to as a " Perfecta ".
FIVE-NUMBER LINE BET: In roulette, a bet placed on a group of five numbers, such as 1-2-3-0, and 00.