An Internet Gambling Glossary-Part one
Despite the fact that internet gambling is now a multi-billion dollar industry, and countless thousands of new bettors world-wide sign on daily to play at online casinos, there are still millions of newcomers to the world of online gambling who do not as yet have a clear understanding of much of the terminology used in online gambling, and betting on sports in general. However, knowledge of these terms is essential to understanding the games and rules of play:
ACTION: Any type of wager.
ALL-IN: In poker, all-in means a player has put all of his chips into the pot, but cannot be forced out of the game by other bettors. A side pot is set up for the bettors with remaining chips, who, if winning can take the pot, and the side pot. If the all-in bettor should win, he can take only the pot, and not the side pot.
ALL-UP: To bet on several horses in the same race.
An Internet Gambling Glossary -Part Two
This is the second installment of my internet gambling glossary.
FOLD: In poker, to opt out of a round. The player loses all moneys bet prior to folding.
HIGH-LOW BET: In roulette, to bet either numbers 1-18 or 19-36. High-Low bets pay even money.
HIT: In blackjack, to request another card from the dealer.
INSURANCE: In blackjack, insurance is a side bet that pays two to one if the dealer has a natural, ( twenty-one on the first two cards dealt ).
LINE BET: In craps, an even-money bet that pays back 98.6%.
MAIDEN RACE: Features horses that have not yet won a race.
MIDDLING: To take both sides of a bet at different point spreads.
NATURAL: As in blackjack, when the player or dealer gets twenty-one on the first two cards dealt.
OVER/UNDER: A sports wager in which a bet is made that the end score will be higher or lower than the wager.
PAYLINE: The line on a slot machine window on which the symbols on each reel must align in order to win.
PICK THREE: To pick the winners of three consecutive horse races.
PLACE: A wager that a horse will win or place second.
POINT SPREAD: The amount of points by which the favorite is expected to win.
PROGRESSIVE: Any game in which the jackpot increases as the game is played by all players.
PUSH: A blackjack term meaning the player and the dealer have equal hands totaling the same amounts, resulting in a tie, (push).
QUINELLA: In horse racing, to select the first two horses to finish first and second, in any order.
RAISE: In poker, to increase the previous bet made in a round.
RAKE: A casino charge that takes a portion of each poker pot as a fee for housing, supervising and dealing the games.
RANDOM NUBER GENERATOR: Slot machine and video poker machine manufacturers are required by law to incorporate a computerized application within each machine that guarantees that numbers generated by each play are randomly selected in no particular order so that patrons can be assured that the results of each play are not “rigged”.
RIGHT BETTOR: In craps, to bet on the pass line, wagering that the shooter will win craps.
SEVENING OUT: In craps, to lose if a seven is rolled after the point has been established.
SHOW: In horse racing, a horse that finishes second or third.
SIMULCAST: Real-time TV coverage of a sporting event, such as a horse race or ball game, to other tracks and betting venues.
SPLIT-BET: In roulette, to bet on two side-by-side numbers.
SPLITTING: In blackjack, to split two same-value cards – the first two dealt – and play them as separate hands.
STAKES RACE: A horse race that offers the largest purses and is participated in by the best horses.
STAND: In blackjack, to not take any more cards, also known as “stay”.
STRAIGHT BET: In craps, this is a single-number bet.
TRIFECTA: A wager that three horses will finish a race in the exact order as predicted by the bettor.
WRONG BETTOR: To wager that a craps shooter will crap out on the come-out roll, or crap out after establishing a point.