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Even though the fact that online wagering is now a multi-billion dollar industry, and countless thousands of brand-new gamblers world-wide sign up every day to play at online gambling halls, there are still millions of newbies to the world of web betting who do not as yet have a clear understanding of much of the terminology employed in internet wagering, and wagering on sports in general. Nonetheless, insight of these terms is essential to knowing the games and codes of betting:
ACTION: Any style of bet.
ALL-IN: In poker, all-in means a gambler has put all of their bankroll into the pot. A side pot is created for the players with remaining chips.
ALL-UP: To wager on many horses in the same contest.
ANTE: A poker term for placing a necessary sum of chips into the pot prior to the start of each hand.
BRING-IN: A mandatory wager in 7-card stud carried out by the player displaying the lowest value card.
BUST: You lose; As in twenty-one, when a gambler’s cards total over 21.
BUY-IN: The the lowest value of chips required to get in a match or tournament.
CALL: As in poker, when a bet equals a previously made wager.
CHECK: In poker, to stay in the match without betting. This is allowed only if no other gamblers bet in that round.
CLOSING A BET: Like in spread betting, meaning to put a bet equal to but opposite of the leading wager.
COLUMN BET: To bet on any of the three columns of a roulette game.
COME BET: In craps, the same as a pass-line wager, but carried out after the player has ascertained his point.
COME-OUT ROLL: A crapshooters first toss to achieve a number, or the initial toss after a number has been established.
COVERALL: A bingo term, which means to cover all the numbers on a bingo sheet.
CRAPPING OUT: In craps, to roll a 2, 3 or twelve is an immediate loss on the come-out toss.
DAILY DOUBLE: To choose the winners of the initial two races of the tournament.
DOWN BET: To wager that the result 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 any of three sets of 12 numbers, 1-twelve, etc.
EACH WAY BET: A athletic event bet, meaning to wager on a team or player to win or position in an event.
EVEN MONEY BET: A bet that pays out the same value as wagered, ( one to one ).
EXACTA: Betting that 2 horses in an event will finish in the exact same assignment as the bet – also known as a " Perfecta ".
FIVE-NUMBER LINE BET: In roulette, a wager carried out on a grouping of five numbers, for instance 1-2-3-0, and 00.