Despite the actuality that internet betting is now a many billion dollar business, and countless thousands of new players world-wide sign up each day to wager at internet casinos, there are still millions of newbies to the environment of internet wagering who do not as yet have a clear understanding of much of the terminology employed in online wagering, and betting on athletic event in general. However, insight of these terms is necessary to knowing the games and rules of betting:
ACTION: Any type of bet.
ALL-IN: In poker, all-in means a player has risked all of his chips into the pot. A second pot is developed for the players with remaining money.
ALL-UP: To wager on several horses in the identical event.
ANTE: A poker phrase for placing a required figure of chips into the pot prior to the start of each hand.
BRING-IN: A mandatory bet in seven-card stud carried out by the gambler showing the lowest value card.
BUST: You don’t win; As in chemin de fer, when a gambler’s cards exceed a value over twenty-one.
BUY-IN: The minimum amount of chips necessary to enter a match or tournament.
CALL: As in poker, when a wager equals a prior made bet.
CHECK: In poker, to stay in the game and not betting. This is acceptable only if no other gamblers wager in that round.
CLOSING A BET: As in spread betting, meaning to place a bet on par with but converse of the starting wager.
COLUMN BET: To bet on any of the 3 columns of a roulette game.
COME BET: In craps, close to a pass-line wager, but carried out after the player has arrived at her point.
COME-OUT ROLL: A crapshooters 1st toss to arrive at a number, or the 1st toss after a point is achieved.
COVERALL: A bingo term, meaning to cover all the squares on a bingo sheet.
CRAPPING OUT: In craps, to toss a two, 3 or twelve is an immediate loss on the come-out toss.
DAILY DOUBLE: To choose the winners of the initial 2 races of the day.
DOWN BET: To bet that the result of an action will be lower than the smallest end of the quote on a spread bet, also referred to as a "sell".
DOZEN BET: In roulette, to bet on any of 3 groups of twelve numbers, 1-12, etc.
EACH WAY BET: A sports bet, meaning to bet on a group or player to win or medal in a match.
EVEN MONEY BET: A wager that pays out the same sum as wagered, ( one to one ).
EXACTA: wagering that 2 horses in an event will finish in the absolute same assignment as the bet – also referred to as a " Perfecta ".
FIVE-NUMBER LINE BET: In roulette, a bet made on a block of five numbers, such as 1-2-3-0, and 00.