Even though the actuality that online betting is now a billion dollar business, and countless thousands of new gamblers world-wide log in each day to wager at online gambling dens, there are still millions of newbies to the world of web betting who do not as yet have a good comprehension of a lot of the dialect employed in internet betting, and gambling on sports in general. Notwithstanding, understanding of these terms is essential to knowing the games and regulations of betting:
ACTION: Any type of bet.
ALL-IN: In poker, all-in means a gambler has put all of his money into the pot. A side pot is set up for the wagerers with additional money.
ALL-UP: To bet on many horses in the same event.
ANTE: A poker phrase for allocating a necessary value of chips into the pot prior to the start of each hand.
BRING-IN: A necessary bet in seven-card stud made by the player showing the smallest value card.
BUST: You lose; As in 21, when a gambler’s cards total over 21.
BUY-IN: The minimal amount of funds required to get in a match or event.
CALL: As in poker, when a bet is the same as a previously made wager.
CHECK: In poker, to remain in the match and not wagering. This is acceptable only if no other gamblers wager in that round.
CLOSING A BET: As in spread wagering, meaning to put a wager on par with but converse of the initial wager.
COLUMN BET: To bet on any of the 3 columns of a roulette game.
COME BET: In craps, similar to a pass-line bet, but made after the shooter has established his number.
COME-OUT ROLL: A crapshooters initial toss to establish a point, or the first toss after a point has been arrived at.
COVERALL: A bingo term, which means to cover all the spots on a bingo sheet.
CRAPPING OUT: In craps, to roll a two, 3 or 12 is an automatic defeat on the come-out toss.
DAILY DOUBLE: To pick the winners of the 1st 2 matches of the tournament.
DOWN BET: To bet that the outcome of an event will be smaller than the smallest end of the quote on a spread bet, also referred to as a "sell".
DOZEN BET: In roulette, to bet on any of 3 groups of 12 numbers, 1-twelve, etc.
EACH WAY BET: A athletics bet, indicating to gamble on a group or player to succeed or place in an event.
EVEN MONEY BET: A bet that pays out the same sum as bet, ( one to one ).
EXACTA: wagering that 2 horses in a race will finish in the exact identical order as the bet – also referred to as a " Perfecta ".
FIVE-NUMBER LINE BET: In roulette, a wager placed on a block of 5 numbers, such as 1-2-3-0, and 00.