Even though the fact that online wagering is now a multi-billion dollar industry, and endless thousands of new players world-wide log on each day to gamble at internet gambling dens, there are still millions of newcomers to the world of internet betting who do not as yet have a good understanding of much of the doublespeak employed in online gambling, and betting on athletic event in general. However, understanding of these ideas is essential to knowing the games and policies of play:
ACTION: Any type of bet.
ALL-IN: In poker, all-in means a gambler has risked all of her bankroll into the pot. A side pot is set up for the players with remaining chips.
ALL-UP: To wager on several horses in the same contest.
ANTE: A poker term for allocating a specified amount of money into the pot prior to the start of each hand.
BRING-IN: A mandatory wager in seven-card stud made by the player showing the lowest value card.
BUST: You don’t win; As in twenty-one, when a player’s cards exceed a value over 21.
BUY-IN: The minimal sum of chips required to get in a game or event.
CALL: As in poker, when a wager equals an already carried out bet.
CHECK: In poker, to stay in the match without wagering. This is allowed only if no other players bet in that round.
CLOSING A BET: As in spread betting, meaning to lay a wager on par with but opposite of the first bet.
COLUMN BET: To bet on any of the 3 columns of a roulette table.
COME BET: In craps, similar to a pass-line bet, but made after the hurler has ascertained their number.
COME-OUT ROLL: A crapshooters initial toss to arrive at a number, or the initial toss after a point is ascertained.
COVERALL: A bingo term, which means to cover all the spots on a bingo card.
CRAPPING OUT: In craps, to roll a two, 3 or 12 is an immediate loss on the come-out roll.
DAILY DOUBLE: To select the winners of the initial 2 races of the day.
DOWN BET: To bet that the outcome of an event will be lower than the lowest end of the quote on a spread bet, also known as a "sell".
DOZEN BET: In roulette, to wager on any of three groups of 12 numbers, one-12, etc.
EACH WAY BET: A athletics wager, meaning to gamble on a team or player to win or place in a match.
EVEN MONEY BET: A bet that pays out the identical sum as wagered, ( one to one ).
EXACTA: laying odds that 2 horses in a match will finish in the absolute identical order as the bet – also referred to as a " Perfecta ".
FIVE-NUMBER LINE BET: In roulette, a wager made on a group of 5 numbers, like 1-2-3-0, and 00.