Despite the fact that internet betting is now a many billion dollar business, and countless thousands of brand-new wagerers world-wide log on daily to bet at web gambling halls, there are still millions of newbies to the environment of online betting who do not as yet have a clear understanding of much of the catchphrases employed in online betting, and wagering on sports in general. Notwithstanding, understanding of these ideas is necessary to interpreting the games and regulations of play:
ACTION: Any type of bet.
ALL-IN: In poker, all-in means a gambler has risked all of his money into the pot. A side pot is created for the players with additional money.
ALL-UP: To bet on many horses in the same contest.
ANTE: A poker phrase for allocating a specified figure of money into the pot just beforeeach hand starts.
BRING-IN: A necessary bet in seven-card stud carried out by the player showing the lowest value card.
BUST: You don’t win; As in vingt-et-un, when a gambler’s cards are valued over twenty-one.
BUY-IN: The minimum sum of cash necessary to appear in a match or tournament.
CALL: As in poker, when a bet is the same as an already made wager.
CHECK: In poker, to stay in the game and not betting. This is acceptable only if no other gamblers wager in that round.
CLOSING A BET: As in spread betting, meaning to put a bet equal to but opposite of the starting bet.
COLUMN BET: To bet on one or more of the 3 columns of a roulette game.
COME BET: In craps, close to a pass-line bet, but carried out after the hurler has achieved his point.
COME-OUT ROLL: A crapshooters 1st toss to ascertain a point, or the first toss after a point is achieved.
COVERALL: A bingo term, meaning to blanket all the squares on a bingo card.
CRAPPING OUT: In craps, to toss a 2, three or twelve is an immediate defeat on the come-out toss.
DAILY DOUBLE: To pick the winners of the initial two races of the night.
DOWN BET: To bet that the outcome of an action will be smaller than the smallest end of the quote on a spread bet, also known as a "sell".
DOZEN BET: In roulette, to wager on one or more of 3 categories of 12 numbers, one-12, etc.
EACH WAY BET: A athletic event wager, which means to bet on a group or player to win or place in an event.
EVEN MONEY BET: A wager that pays out the same amount as gambled, ( 1-1 ).
EXACTA: wagering that 2 horses in a race will finish in the exact same assignment as the bet – also referred to as a " Perfecta ".
FIVE-NUMBER LINE BET: In roulette, a bet carried out on a block of 5 numbers, such as 1-2-3-0, and 00.