Despite the fact that online wagering is now a multi-billion dollar business, and boundless thousands of new bettors around the globe log on daily to wager at internet gambling halls, there are still millions of new players to the world of web gambling who don’t as yet have a good understanding of much of the doublespeak employed in online gambling, and gambling on sports in general. However, knowledge of these terms is indispensable to interpreting the games and codes of betting:
ACTION: Any style of wager.
ALL-IN: In poker, all-in means a player has deposited all of his money into the pot. A second pot is set up for the wagerers with additional chips.
ALL-UP: To wager on many horses in the same race.
ANTE: A poker term for placing a necessary number of chips into the pot just beforeeach hand starts.
BRING-IN: A required wager in 7-card stud made by the player showing the smallest value card.
BUST: You don’t win; As in blackjack, when a player’s cards total over 21.
BUY-IN: The the least sum of money necessary to get in a game or event.
CALL: As in poker, when a wager equals an already made bet.
CHECK: In poker, to stay in the game without wagering. This is acceptable only if no other players bet in that round.
CLOSING A BET: As in spread betting, meaning to put a bet equal to but opposite of the leading bet.
COLUMN BET: To bet on one or more of the 3 columns of a roulette game.
COME BET: In craps, the same as a pass-line bet, but made after the shooter has arrived at his point.
COME-OUT ROLL: A crapshooters first 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 sheet.
CRAPPING OUT: In craps, to toss a two, three or twelve is an automatic defeat on the come-out roll.
DAILY DOUBLE: To select the champions of the 1st two events of the tournament.
DOWN BET: To bet that the result of an event will be lower than the lowest end of the quote on a spread bet, also referred to as a "sell".
DOZEN BET: In roulette, to gamble on one or more of three groups of 12 numbers, 1-12, etc.
EACH WAY BET: A athletic event bet, indicating to gamble on a team or player to win or place in a game.
EVEN MONEY BET: A bet that pays the identical amount as gambled, ( 1-1 ).
EXACTA: laying odds that 2 horses in a contest will complete the race in the absolute same assignment as the bet – also referred to as a " Perfecta ".
FIVE-NUMBER LINE BET: In roulette, a bet carried out on a group of five numbers, like 1-2-3-0, and 00.