Regardless of the reality that online wagering is now a many billion dollar industry, and endless thousands of additional bettors around the world log in daily to bet at online gambling halls, there are still millions of newcomers to the world of internet betting who don’t as yet have a good understanding of much of the doublespeak employed in internet wagering, and gambling on athletics in general. However, knowledge of these ideas is necessary to knowing the games and rules of wagering:
ACTION: Any type of bet.
ALL-IN: In poker, all-in means a player has put all of her money into the pot. A second pot is developed for the players with remaining chips.
ALL-UP: To wager on several horses in the same contest.
ANTE: A poker term for placing a required number of money into the pot beforeeach hand starts.
BRING-IN: A mandatory bet in seven-card stud carried out by the player displaying the lowest value card.
BUST: You lose; As in 21, when a player’s cards exceed a value over twenty-one.
BUY-IN: The minimal sum of funds required to appear in a game or tournament.
CALL: As in poker, when a wager is the same as a prior carried out wager.
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 wager on any of the three columns of a roulette game.
COME BET: In craps, close to a pass-line bet, but carried out after the shooter has arrived at his number.
COME-OUT ROLL: A crapshooters initial roll to establish a number, or the initial toss after a point is arrived at.
COVERALL: A bingo term, which means to cover all the numbers on a bingo sheet.
CRAPPING OUT: In craps, to roll a two, three or twelve is an immediate defeat on the come-out roll.
DAILY DOUBLE: To choose the winners of the first two races of the tournament.
DOWN BET: To wager 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 3 groups of 12 numbers, 1-12, etc.
EACH WAY BET: A athletics wager, which means to bet on a group or player to win or place in a game.
EVEN MONEY BET: A bet that pays the identical sum as gambled, ( one to one ).
EXACTA: Betting that 2 horses in a race will complete the race in the exact same assignment as the bet – also referred to as a " Perfecta ".
FIVE-NUMBER LINE BET: In roulette, a wager placed on a block of 5 numbers, like 1-2-3-0, and 00.