Even though the reality that online wagering is now a billion dollar business, and countless thousands of additional gamblers around the globe log on daily to wager at web gambling dens, there are still millions of newbies to the world of internet gambling who don’t as yet have a good understanding of much of the doublespeak employed in online betting, and betting on athletics in general. However, knowledge of these terms is indispensable to interpreting the games and regulations of wagering:
ACTION: Any style of wager.
ALL-IN: In poker, all-in means a player has deposited all of their chips into the pot. A second pot is developed for the wagerers with remaining money.
ALL-UP: To bet on several horses in the same race.
ANTE: A poker term for placing a specified value of chips into the pot prior to the start of each hand.
BRING-IN: A mandatory wager in seven-card stud carried out by the player displaying the lowest value card.
BUST: You don’t win; As in blackjack, when a player’s cards total over twenty-one.
BUY-IN: The minimal value of funds required to enter a match or event.
CALL: As in poker, when a wager is the same as a previously carried out bet.
CHECK: In poker, to remain in the game without betting. This is applicable only if no other players wager in that round.
CLOSING A BET: As in spread betting, meaning to lay a bet on par with but opposite of the leading wager.
COLUMN BET: To bet on any of the three columns of a roulette table.
COME BET: In craps, the same as a pass-line bet, but made after the player has arrived at her number.
COME-OUT ROLL: A crapshooters 1st roll to achieve a point, or the 1st roll after a number has been arrived at.
COVERALL: A bingo term, meaning to fill all the numbers on a bingo card.
CRAPPING OUT: In craps, to toss a 2, 3 or twelve is an immediate loss on the come-out roll.
DAILY DOUBLE: To select the winners of the initial two events of the night.
DOWN BET: To bet that the outcome of an event will be lower than the smallest end of the quote on a spread bet, also known as a "sell".
DOZEN BET: In roulette, to bet on one or more of three categories of twelve numbers, 1-twelve, etc.
EACH WAY BET: A athletic event wager, indicating to wager on a team or player to succeed or place in a match.
EVEN MONEY BET: A wager that pays the same value as gambled, ( one to one ).
EXACTA: wagering that two horses in a match will complete the race 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 block of five numbers, for instance 1-2-3-0, and 00.