Despite the fact that web gambling is now a multi-billion dollar industry, and boundless thousands of new bettors around the world sign up every day to bet at online gambling dens, there are still millions of new players to the world of online wagering who do not as yet have a clear understanding of much of the jargon used in web wagering, and betting on athletics in general. Notwithstanding, knowledge of these ideas is indispensable to understanding the games and codes of gaming:
ACTION: Any type of wager.
ALL-IN: In poker, all-in means a gambler has put all of his money into the pot. A side pot is created for the players with additional chips.
ALL-UP: To wager on several horses in the same contest.
ANTE: A poker term for allocating a required value of chips into the pot prior to the start of each hand.
BRING-IN: A required wager in 7-card stud carried out by the gambler showing the lowest value card.
BUST: You do not win; As in 21, when a gambler’s cards total over twenty-one.
BUY-IN: The the least amount of money necessary to appear in a match or event.
CALL: As in poker, when a bet is the same as a prior 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: As in spread betting, meaning to place a bet equal to but opposite of the starting wager.
COLUMN BET: To bet on any of the three columns of a roulette table.
COME BET: In craps, close to a pass-line wager, but made after the shooter has achieved his point.
COME-OUT ROLL: A crapshooters initial toss to ascertain a number, or the first toss after a point has been ascertained.
COVERALL: A bingo term, symbolizing to blanket all the spots on a bingo card.
CRAPPING OUT: In craps, to toss a two, three or twelve is an automatic defeat on the come-out toss.
DAILY DOUBLE: To pick the winners of the first 2 events of the tournament.
DOWN BET: To wager that the outcome of an event will be smaller than the smallest end of the quote on a spread bet, also referred to as a "sell".
DOZEN BET: In roulette, to gamble on one or more of 3 groups of 12 numbers, 1-12, etc.
EACH WAY BET: A athletic event bet, meaning to wager on a team or player to win or place in a match.
EVEN MONEY BET: A bet that pays out the identical sum as bet, ( 1-1 ).
EXACTA: Betting that two horses in a contest will complete the race in the exact identical order as the wager – also referred to as a " Perfecta ".
FIVE-NUMBER LINE BET: In roulette, a bet placed on a grouping of five numbers, such as 1-2-3-0, and 00.