Add on - The place where a player may purchase additional chips in a Poker tournament.
Agent: Definition 1: Player cheat who frequents casinos and works with casino dealers and employees. Definition 2: Person who, for a fee or commission, lures people to a crooked game to be fleeced.
Aggregate Limit - Total payout of a casino during a single game.
Our lesson for today. There will be a quiz next week.
All In - When a player bets all his/her chips.
All or Nothing - In Keno, a ticket that only pays if either all of the picked numbers are drawn or if none of the picked numbers are drawn.
Anchor - The player sitting in the last position on a blackjack table before the dealer. This is the person who makes the final decision, thereby anchoring the game.
Ante - In poker, a small portion of the minimum bet that each player is required to put into the pot before a new hand starts.
Camouflage- What a gambler does to hide his/her activity from the casino.
Cap - Definition 1: Maximum amount a player may wager on a specific bet or event. Definition 2: Maximum amount a player may increase a previous bet (at poker, etc). Definition 3: Maximum amount bet before the casino/bookie changes odds and/or the points.
Capped Dice - Crooked dice.
Card Counting - A system to keep track of the percentage of high to low cards since the last time the deck was shuffled. The system can be used in Blackjack to reduce the house advantage.
-- Edited by PMM2008 on Thursday 14th of April 2011 07:58:05 AM
Cold Table - When shooters are not making their points.
Color Up - Exchange smaller denomination chips for larger denomination ones.
Combination way Ticket - In keno, a ticket in which groups of numbers are bet several different ways, allowing the player to spread money over more combinations.
Come Bet - A wager placed on the Come Line in craps. Same rules as the wager on the Pass Line except it is placed after the point has been established.
-- Edited by PMM2008 on Monday 18th of April 2011 08:39:32 AM
Craps Out - Rolling a Crap (2, 3, or 12) on the come-out roll.
Credit Button - A button in video poker that allows the player to bank coins won as credits and to use the credits to play without depositing more money.
Crew - Craps dealers assigned to the game.
Crossroader- A gambler who does not bet without cheating.
Croupier - The French word for casino dealers, mainly referring to Roulette and Baccarat dealers.
-- Edited by PMM2008 on Thursday 21st of April 2011 08:40:04 AM
Dealer - A casino employee who deals the various games.
Dean - A smart gambler who can calculate odds and percentages.
Deep Pockets - A person with a large bankroll.
Designated Dealer - In poker games like Texas hold em,the player to the left of the dealer bets first.In a poker room where each game has a resident dealer, a different player serves as the designated dealer for each hand.
Desperado - A gambler who bets on credit with absolutely no way to pay if he loses.
Deuce - A two.
-- Edited by PMM2008 on Saturday 23rd of April 2011 09:48:29 AM
Deuce Dealers - A dealer who can peek at the top card and deal the next card if the top card is not to his advantage. (also-second dealer,mechanic or number two man.)
Dice - Two or more identical numbered cubes.
Die - Singular term for dice.
Dime Bet - $1,000 bet.
Discard Rack - Area of the table where the used cards are placed.
Dog - The underdog in any betting proposition.
-- Edited by PMM2008 on Sunday 24th of April 2011 06:50:02 AM
Double Down - To increase a wager after the first two cards are drawn, in exchange for receiving only one more card, by placing an amount equal to the original bet on the layout. Also known as Double Up.
Double Odds - An odds bet that is twice as large as the original Pass/Come bet.
Down Behind - What the dealer tells a Don't bettor when his bet has lost.
Down With Odds - Usually stated and executed by a dealer when paying off a Place Bet and moving the same player's Come bet onto a specific number, ensuring that the player is covered on the specific number.
-- Edited by PMM2008 on Tuesday 26th of April 2011 06:12:29 AM
Fat - A person with a large bankroll. "He's fat". also- loaded, deep pockets and on fat street
Fever - A gambling habit.
Field - Several horses in a race or contestants in a sports tournament grouped as one contestant for betting purposes.
Field Bet - A one-roll wager that the next number thrown will be a 2, 3, 4, 9, 10, 11 or 12 in Craps.
Fifth Street - In seven card stud, the third round of betting is called fifth street because players have five cards. In hold em , fifth street is the fifth card on board and the final round of betting.
-- Edited by PMM2008 on Sunday 1st of May 2011 06:03:43 AM
Flop - In a game of hold em, the three cards dealt face up in the center of the table.
Flush - In poker, a hand consisting of five cards of one suit.
Fold - In poker, when a player declines a bet and drops out of the hand.
Foul - In Pai Gow Poker, a hand is fouled when the 2 card low hand is set higher than the 5 card high hand, or when the hands are set with the wrong number of cards. A fouled hand is a losing hand.
Four Of A Kind - Four cards of the same rank. Also known as quads.
Fourth Street - In 7 card stud, the second round of betting is called fourth street because players have four cards. In hold em, fourth street is the fourth card on board and the third round of betting.
-- Edited by PMM2008 on Thursday 5th of May 2011 07:39:00 AM
House Advantage - The casino's advantage over the player in any game.
House Edge - The percentage of each bet that you make that the house takes in. Winning bets are paid off at less than the true odds to generate income for the house.
In The Bag - A sporting event with a pre-determined outcome.
Inside Bet - A bet in roulette on a single number including 0 or 00, or any combination of numbers.
Inside Straight - In poker, four cards of a straight where the straight can only be completed one way.
-- Edited by PMM2008 on Friday 13th of May 2011 07:39:51 AM
Insurance - A side bet in Blackjack that's offered when the dealer's upcard is an ace. If the dealer has a Blackjack, the bet is paid 2-1. If the dealer does not, the insurance bet loses.
Insurance Bet - Making two (or more) bets at a craps table, one or the other of which is sure to win.
Jackpot - A large win on a slot machine.
Jacks or Better - Draw poker in which a pair of Jacks is the minimum hand permitted to start the action.
Joker - The 53rd card in a deck, sometimes used as a wild card.
Juice - The bookmakers commission for taking a bet.
-- Edited by PMM2008 on Saturday 14th of May 2011 08:20:57 AM
Layout - The graphic table cover that indicates all places where wagers can be placed.
Let It Ride - A poker game.
Limit - Definition 1: Maximum amount a player may wager on a specific bet or event. Definition 2: Maximum amount a player may increase a previous bet (at poker, etc). Definition 3: Maximum amount bet before the casino/bookie changes odds and/or the points.
-- Edited by PMM2008 on Wednesday 18th of May 2011 07:59:04 AM
Number Pool - The range of numbers from which the player chooses the numbers to play. A typical lottery pool ranges from 1 to 60, and the keno pool is 1 to 80.
Number Two Man - A dealer who can peek at the top card and deal the next card if the top card is not to his advantage.
Nut - Definition 1: The overhead costs of running a casino. Definition 2: The fixed amount that a gambler decides to win in a day.
Odds - The ratio of probabilities or the amount a bet pays. For example 2-1, 3-2.
-- Edited by PMM2008 on Thursday 26th of May 2011 08:50:43 AM
Outside Bets - Roulette bets located on the outside part of the layout. They involve betting 12 to 18 numbers at one time and result in a lower payout.
Outside Numbers - In Craps, 4, 10, 5, and 9
Overlay - A good bet where you have an edge over the casino.
Ozzie and Harriet -A hard 8.
-- Edited by PMM2008 on Sunday 29th of May 2011 08:35:03 AM
Past Post - A devious attempt to bet during or after an event has taken place.
Pat - In blackjack, an unbusted hand worth at least 17 points. In draw poker, a hand that does not need any more hands.
Pay Cycle - A theoretical expression that reflects the number of plays required for the machine to cycle through all possible winning and non-winning combinations.
Pay Line - The line on a slot machine window on which the symbols from each reel must line up.
Pay Off - Calling a bet with little expectation of winning.
Payback Percentage - The percent of each dollar played in a video or slot machine that the machine is programmed to return to the player. Payback percentage is 100 percent minus the house edge.
-- Edited by PMM2008 on Wednesday 1st of June 2011 05:28:55 AM
Payoff Schedule - A posting somewhere on the front of a slot or video poker machine, that tells the player what each winning hand will pay for the number of coins or credits played.
Payout Percentage - The percent of each dollar played in a video or slot machine that the machine is programmed to return to the player. Payout percentage is 100 percent minus the house edge.
Payout Table - A posting somewhere on the front of a slot or video poker machine, that tells the player what each winning hand will pay for the number of coins or credits played.
Pick`em Game - A dead even game giving both sides an equal chance.
Pigeon - An uneducated, naive, or unsophisticated gambler.
-- Edited by PMM2008 on Thursday 2nd of June 2011 06:42:12 AM
Pit - The area inside a cluster of gaming tables, where the center is restricted to dealers and other casino staff.
Pit Boss - A casino employee who is in charge of all the tables in a particular area.
Place Bet - The place numbers are 4, 5, 6, 8, 9 and 10. The place bet is a wager that either one or more of the place numbers will come up before a seven in Craps.
Player - A person gambling at a casino.
Player Position - Eight player positions on each side of the standard craps table, numbered 1 through eight moving from the stickperson to the dealer.
Plug - A card shuffling technique.
-- Edited by PMM2008 on Friday 3rd of June 2011 06:08:38 AM
Pocket Cards - Playing cards that are dealt face down during a Poker game.
Point - In craps, dice term for the number rolled on the Come Out Roll if a 4, 5, 6, 8, 9, or 10 are rolled. The point has to be repeated before a seven rolls for the Pass Line bets to win.
Point Numbers - The numbers 4, 5, 6, 8, 9 and 10 established on the Come Out roll in Craps.
Point Spread - The listed odds or points offered on a game.
Pot - In a poker game, the amount of money that accumulates in the middle of the table as each player antes, bets, and raises. The pot goes to the winner of the hand.
-- Edited by PMM2008 on Friday 10th of June 2011 12:35:22 PM
Press Bet - A wager twice the size of a person's usual wager.
Pressing - A player is pressing the bet when he/she lets winnings ride by wagering them along with the original bet.
Price Line - The listed odds or points offered on a game.
Probability - A branch of mathematics that measures the likelihood that an event will occur. Probabilities are expressed as numbers between 0 and 1. The probability of an impossible event is 0, while an event that is certain to occur has a probability of 1.
-- Edited by PMM2008 on Saturday 11th of June 2011 07:14:07 AM
Progressive Slots - Slots that allow the player to increase the potential jackpot each time a new coin is inserted for play. When the progressive jackpot finally hits, the amount resets to the starting number.
Proposition Bet - Dice bets on number combinations.
Punter - A casino player.
Push - A tie or standoff when the dealer and the player have the same total. No one wins and no money changes hands.
-- Edited by PMM2008 on Sunday 12th of June 2011 08:01:29 AM
Raise - In poker, a player raises by matching the previous bet and then betting more, in order to increase the stake for remaining players.
Rake - The money that the casino charges for each hand of poker. It is usually a percentage or flat fee that is taken from the pot after each round of betting.
Rank - The value of a set of cards.
-- Edited by PMM2008 on Tuesday 14th of June 2011 10:10:22 AM
Ring Game - A regular poker game rather than a tournament. May be referred to as a live game because actual money is used rather than chips.
River - In poker, the final card dealt in a hand of stud or hold 'em. In 7 card stud, staying in until the fifth and final round of betting is called going to the river.
RNG - the random number generator, which is a computer chip inside a slot machine. It is constantly generating thousands of numbers every second.
Round Robin - A bet of 3 teams or more.
-- Edited by PMM2008 on Friday 17th of June 2011 05:49:14 AM
Suit - Any one of the four types of cards: clubs, diamonds, hearts or spades.
Surrender - In Blackjack, to give up half one's wager before the hand is complete, for the privilege of not playing out a hand, thus saving half the wager. In roulette, one effectively loses only half the wager on an even money bet when the ball lands on 0.
System - A method of betting.
-- Edited by PMM2008 on Sunday 3rd of July 2011 12:02:02 PM