An Internet Betting Encyclopedia
Even though the fact that online gambling is now a multi-billion dollar business, and endless thousands of new wagerers around the world sign on every day to play at online gambling dens, there are still millions of newcomers to the world of online wagering who don’t as yet have a clear understanding of much of the doublespeak used in internet betting, and betting on sports in general. Notwithstanding, understanding of these ideas is necessary to knowing the games and codes of gambling:
ACTION: Any type of wager.
ALL-IN: In poker, all-in means a player has put all of their chips into the pot. A side pot is developed for the gamblers with additional money.
ALL-UP: To bet on numerous horses in the same event.
ANTE: A poker phrase for placing a required figure of chips into the pot just beforeeach hand begins.
BRING-IN: A necessary bet in 7-card stud carried out by the gambler displaying the smallest value card.
BUST: You lose; As in chemin de fer, when a player’s cards are valued over 21.
BUY-IN: The minimum value of chips necessary to enter a match or event.
CALL: As in poker, when a wager is the same as a prior made bet.
CHECK: In poker, to stay in the match without wagering. This is applicable only if no other gamblers wager in that round.
CLOSING A BET: Like in spread wagering, meaning to make a wager on par with but opposite of the initial bet.
COLUMN BET: To wager on one or more of the 3 columns of a roulette table.
COME BET: In craps, the same as a pass-line wager, but made after the shooter has ascertained his point.
COME-OUT ROLL: A crapshooters 1st toss to arrive at a number, or the initial toss after a point is ascertained.
COVERALL: A bingo term, meaning to blanket all the numbers on a bingo sheet.
CRAPPING OUT: In craps, to roll a two, 3 or twelve is an automatic defeat on the come-out toss.
DAILY DOUBLE: To choose the champions of the 1st two matches of the tournament.
DOWN BET: To wager that the outcome of an action will be smaller than the lowest end of the quote on a spread bet, also referred to as a "sell".
DOZEN BET: In roulette, to bet on any of 3 categories of twelve numbers, 1-twelve, etc.
EACH WAY BET: A athletics wager, which means to wager on a team or player to succeed or place in a match.
EVEN MONEY BET: A bet that pays the same sum as gambled, ( 1-1 ).
EXACTA: wagering that two horses in a match will complete the race in the exact same order as the wager – also referred to as a " Perfecta ".
FIVE-NUMBER LINE BET: In roulette, a bet placed on a group of five numbers, for instance 1-2-3-0, and 00.