Despite the fact that online betting is now a multi-billion dollar business, and endless thousands of new wagerers around the globe sign up daily to bet at internet gambling halls, there are still millions of new players to the world of online betting who don’t as yet have a good understanding of much of the jargon used in web betting, and gambling on sports in general. However, insight of these terms is indispensable to knowing the games and rules of gambling:
ACTION: Any type of wager.
ALL-IN: In poker, all-in means a gambler has deposited all of their chips into the pot. A side pot is created for the wagerers with additional chips.
ALL-UP: To bet on several horses in the same event.
ANTE: A poker term for placing a necessary value of money into the pot just beforeeach hand starts.
BRING-IN: A mandatory bet in 7-card stud made by the gambler showing the lowest value card.
BUST: You lose; As in twenty-one, when a player’s cards total over 21.
BUY-IN: The minimal sum of cash necessary to enter a game or event.
CALL: As in poker, when a bet equals a prior made wager.
CHECK: In poker, to stay in the game without betting. This is applicable only if no other gamblers bet in that round.
CLOSING A BET: Like in spread betting, meaning to make a wager equal to but converse of the opening wager.
COLUMN BET: To wager on one or more of the 3 columns of a roulette game.
COME BET: In craps, similar to a pass-line bet, but made after the player has achieved their point.
COME-OUT ROLL: A crapshooters 1st toss to establish a point, or the initial toss after a point is arrived at.
COVERALL: A bingo term, which means to blanket all the spots on a bingo card.
CRAPPING OUT: In craps, to roll a two, 3 or 12 is an immediate defeat on the come-out roll.
DAILY DOUBLE: To pick the winners of the initial 2 matches of the tournament.
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 sets of twelve numbers, 1-twelve, etc.
EACH WAY BET: A sports bet, which means to wager on a group or player to win or place in an event.
EVEN MONEY BET: A bet that pays the same sum as gambled, ( 1-1 ).
EXACTA: Betting that two horses in a match will finish in the exact same order as the bet – also referred to as a " Perfecta ".
FIVE-NUMBER LINE BET: In roulette, a wager carried out on a group of five numbers, for instance 1-2-3-0, and 00.