Betting Glossary - Betting Terms Explained A to Z It’s important to understand the language of betting, especially with so many different bet types available. Poker Glossary of Terms and Definitions. Mostly, shills join empty Blackjack tables to attract attention and bring in more players. By covering multiple outcomes say by backing Team X to win and when/if they go up, by laying Team X to win, returns are guaranteed. A beginner's A-Z glossary of sports betting terms . 5 points subtracted from their score. “You're on the grift ,” Lilly says to her son Roy. The house edge refers to the advantage the casino has over the players. DERBY: Referred to as “pintakasi”, this is a cockfighting event (also sometimes known as party sabong) where bettors decide on and engage in a certain number. For example: If the Buffalo Bills are favored by 10. Odds. It is a part of the casino where some of the players are dealers. It is a special betting option that can be seen only in this variant. , +400 or -130. 3PS / TPS / OTS. Active Player: A player who is still in play. 4X. Alternate Line: A spread/total that a bettor makes higher or lower than the posted number. Slang for a generous tipper – or they may just be called George – one of the two. Buy-In. The wheel has 38. A bet where each outcome has a + or a - handicap applied to it. Even money: A line that is +100. Ajax: is a poker term that refers to the pocket cards Ace & Jack, which are either suited or offsuit. Then multiply this by a bet amount of $10: 6. ; Horse Racing – as the oldest sports to bet on,. But don’t fret. - Any wager with 1:1 odds, meaning there is no juice or vigorish. Money that a player has set aside to gamble with as an appointed amount. It is commonly a term used in spread betting, especially for NFL games, where spreads are often expressed in half-point values (e. A positive margin is a +EV bet; a negative margin is a -EV bet. Australian Gambling Slang Terms: Comprehensive Guide. Bankroll: Amount of money a player comes to the casino with to be. In the case of the any seven bet in craps the true odds are 5 to 1, and the payoff is 4 to 1, so the house edge is (5-4)/ (5+1) = 1/6 = 16. Active Player: A player who is still in play. Baccarat. Sawbuck: slang for making a $10 wager. Dog (aka Underdog) – the term dog represents a team or a player who is expected to lose a game. Ace in the hole: Stemming from the hole card in poker, this is a hidden advantage a player can use to assure victory. This is a bet on the number of points by which a team will win or lose. com. In current use gimmick is perhaps most often used to describe some form of marketing or attention-gathering ploy, although it also may be found referring to a physical item, such as a gadget. EHLION’s downloadable cheat sheet for need-to-know gaming slang, jargon and terminology gets you started on the road to learning to talk like a pro gamer. 15/8 is slightly smaller than 2/1, whilst 9/4 is slightly bigger and 15/2 is 7. This type of bet is also known as a total bet. Stepping into the world of aces, chips and felted tables can be an exciting and rewarding moment, as a sea of opportunity presents itself on the casino floor. Favorite – Favorite is the competitor or team that’s predicted to win a particular event. " Betting Terminology - An Introduction. Betting Exchange. Both selections must be successful to win the bet. The “money line,” in betting terminology, refers to the integers that show the payoffs for betting on a game. Backdoor. 1X2 betting – 1X2 betting, meaning Team 1, Draw (X), Team 2, is a type of betting where the bettor bets on the outcome of a game with three possible results: Team 1 wins, draw, or Team 2 wins. But do not fear! You can make yourself look like a seasoned gambler by learning some of these top casino terms you will hear. Get familiar with common terms used in betting. Odds: The potential return on your bet, and is usually expressed in formats like American (-110), Decimal (1. How to make this bet: "Churchill Downs, Race 7, $2 to win on 5. G to Q . No Action – A game that is no longer accepting bets. Place a min £10 bet on Horse Racing on odds of min 1/2 (1. Numerous casino and lottery games have been on the gambling scene for decades, even centuries. ”. We also cover the terminology. 27). Chalk: Favorite in a game by a large margin. TokeA tip to the dealer. Sports Betting Terms & Glossary. Action – A wager of any kind. Caesars Sportsbook is committed to supporting Responsible Gaming. So with no further ado, here are all the must-know casino gambling terms explained. Bookie. All In – An action taken by the player to wager all remaining chips into the pot. Cover: The betting result on a point-spread wager. In sports betting, a pony is British slang. We spoke to two experts in the gambling world to offer a primer on sports betting to help folks navigate through the many options and terms you’ll need to know. Bet. Added games are simply more games added to the schedule by popular demand. Action - A bet or wager. This is a full cover bet as each selection appears in at least two doubles and the treble. Often they replace events that have been canceled, but added games can occur for a variety of reasons. Gambling disorder affects about 1% of Americans who can’t stop, despite the consequences. Prediction: Grambling 27, Southern 24 (Over. Slot Machine Type. Favorite – The team considered most likely to win anevent. 91 = 6. Gambling Terms & Phrases: Casino Terminology You Should Know. Sports betting operators have no influence over nor are any such revenues in any way dependent on or linked to the newsrooms or news coverage. They know all the insides of a game, thus making it harder for you to win. If your favorite wins, you will receive $150, and if your favorite loses, you will lose $250. Slots Dictionary: Definitions of slot machine related terminology & lingo. Punter. For instance, how do you "take the points"?Match betting. Against the Spread – The outcome of a game that includes a point spread. C. For the favorite to cover, it has to win by more than the spread; an underdog covers by losing less than the spread or simply winning the game outright. For those uninitiated, gambling jargon can be confusing. From basic terms and strategies to specialized vocab, this Sports Gambling Quiz lays every card on the table. Nowadays, in addition to the land-based venues, we have a vast number of online. Sports Gambling Terminology Last updated 06/01/2020 Real Time Odds: Live lines that update immediately as sportsbooks adjust their lines. Correct score: Betting on the final score of the game. 5 points subtracted from their score. Thirty-seven states and the District of Columbia have legalized sports betting. When odds are expressed with a plus (+) or minus (–) symbol followed by a number. This glossary of terms related to matched betting, bookmakers, betting exchanges and casinos will help you on your way to regular monthly profits. You may also find our horse racing terminology, types of bets and how to bet pages useful. Supreme Court cleared the way for all 50 states to offer it. It’s an industry term that denotes how many coins the machine has received and how many it has paid out in total. Big Eight. 21+ years of age or older to wager. A one-roll wager in Craps that the next roll is 2, 3 or 12 – pays 7 to 1. Advantage play is notable for not being against the rules yet it’s still discouraged. For example, if you like a football team. Moneyline – Bettors just have to predict the winner of a match. Fifty Cents - A $50 sports wager. The most common use of the term “fade” is used when the general betting public is all over one side of a game. 95 on a $100 bet. Top Sports Betting Terms: Wager: A bet placed on a particular outcome or event. An example of reverse line movement: The Atlanta Falcons are 7. Sam Barnard. Casino terms lingo, phrases and jargon for casino gambling games. Four treble bets: abc, abd, acd, bcd. 02:25 Jul 17th, 2018 Games Online Gambling , Slots. k. Double result: A bet on the outcome at half-time and full-time. Starting off at Online Casinos can be intimidating. angle: same as “cut angle;” or, a gambling approach or advantage (e. If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER. Ace: Golf slang for a hole in one. ”. The house edge is most commonly expressed in. e. Eased: A horse that is pulled up or stopped prior to finishing the race. Against the Spread (ATS): This is a statistic that tells you how well a team does against the spread. Subcategories This category has the following 2 subcategories, out of 2 total. - A gambler that typically bets on the underdog. In this post, you’ll get a. Let’s say the Eagles are -3. Exposure - The maximum amount of money a sportsbook stands to lose on a game. counts money from his drawer on Feb. In an attempt to make their sports betting websites even more appealing to punters, online bookmakers are constantly adding new betting options and betting markets to their sportsbooks. The manner in which this benefits the sportsbook is easy to explain. 7 %âãÏÓ 3661 0 obj > endobj 3680 0 obj >/Filter/FlateDecode/ID[5D7FF99C0FA5423198F6701609F48329>3A9BE30EF1959F48969461C688CD4AA2>]/Index[3661 40]/Info 3660. Action - Slot action refers to all of the slot machine playing time accumulated by a slots gambler. Black: Dealer slang for $100 gaming chips which in most casinos are black. Variance – A term used to describe the ups and downs of a poker players career. In. Sports Gambling Glossary Added game. When a player bets against the shooter. COMMON BETTING TERMS. Black Bet – a wager that the ball will land on a black number. The amount wagered and lost at a table or machine. World Bet — A wager placed on the horn numbers together with any number 7. Wheel Clocking — 1. Gambling Terms & Phrases: Casino Terminology You Should Know. Big Six. Boxman: Table supervisor who sits between the dealers and opposite the stickman. Handle – Total amount of wagers taken. 91 x 1. Book (Sportsbook) - An place where someone can bet on the outcome of. Betting terms - Online betting glossary. set by the bookmaker. 5-point home underdogs while the Ravens are -5. There is more gambling terminology in the other subcategories of Category:Gambling. A Handicap which is 0. House rules: The terms of play imposed by the casino. Ragequit. Wheel Roller — Slang term for the roulette croupier or dealer. Public sports, lottery, and toto (football pools) are held under special laws in order to increase the income of national and local governments as well as to offer a form of. Belly Buster. General gambling terms. Exotic Wager. No Action – A game that is no longer accepting bets. For instance, “I have action on Alabama, minus 7. If the underdog is +180, a $100 bet on the underdog would win. 5 of a goal or point. as long as it is only a single bet on the bet slip). Pick up jargon, slang, and iGaming lingo that is used by online casino pros. ESPN BET FAQ. Abandoned – When a race meeting has to be. A “bookie” is a person or organization that accepts and pays off bets on gambling events. In sports betting, an over-under bet is a bet on whether a specific statistic for a game will be higher or lower than a quoted value. ”. A technique employed by many by using fixed odds on the exchange market. FanDuel Sportsbook is the #1 sportsbook in America, so of course they’re a top-tier college football betting site. If I bet $11 on the Celtics and you bet $11 on the Knicks, the bookie. Dog Player. A single wager of money on a gambling game. On a 'line' of 3. We'll help you sound like a pro on any online gambling site. Bookmakers base the decision on who the chalk in a matchup is on various factors, such as past performances, present form, rankings, and other essential information. The concepts and terms of sports betting specified in the legislation are transferred to the official rules of the bookmaker's work. Odds: This term refers to the likelihood of a specific outcome happening. Let’s say the Eagles are -3. Action – A bet or wager. Circle Game – is a match in which the betting action is strictly limited. Basket Bet: This is one of the American roulette terms. Teaser. The terminology new bettors encounter early in their gambling careers can cause consternation, and in turn hamper their ability to focus on the more important aspects of successful betting. 5-point road. Gambling is the luck of the draw, but it’s also a sport that takes some time and practice to master. This term is used. Money lines are available for all games, but they are mostly used for betting on low ranked sports such as softball, hurley and football. George – A generous tipper. The sports betting world has its own terminology and jargon. ACTION This just means you are making a bet. com, and has been working in the sports and gambling industries for more than a decade across. 70. A hit refers to taking another card, most commonly in blackjack. The most common betting terms are explained below. Parlays and live sports betting are available for NFL odds, NBA odds, and more at BetMGM, the best online sportsbook for sports betting and sportsbook promos. Bank Roll – a player’s budget for the roulette session. But it can also be intimidating, as each game comes with its own unique set of rules and. It was introduced due to the fact that the earliest slots only had three reels. The sports betting world has its own terminology and jargon. Below are the most common and need to know sports betting terms for any user: American Odds. Adding On: Freedom to buy more chips. A slot machine type with a configuration of 5 vertical spinning reels. VS: Opponent for the team Result: Result in the last game played between the 2 teams ATS: Against the spread result in the game O/U: Over/Under result in the game M/L: Closing. Press. This glossary entry should help to put things into perspective. 5 points subtracted from their score. Middle - Betting on both sides of a spread after the line moves in hopes that the final total or game score ends in between your numbers. This is actually my most favorite gaming terminology. Game Categories: The different genres of games available, such as classic slots, video slots, live casino games, scratch cards, table games, bingo, etc. Gaffed Wheel. Action - A bet or wager. 5, one team will have 3. From an ROI perspective, it's much more impressive to win $150. The following is a glossary of poker terms used in the card game of poker. Here are some key terms you’ll encounter when betting on cricket: Over/Under: This is the most popular bet in cricket and refers to how many runs will be scored by either team in a given inning. 2. 1. Action is the term used for casino play. Skinny McKinneyA slang term for a roll of seven. Betting Terminology. As sports betting expands across the United States, newcomers are learning there’s more to the activity than just the moneyline—that is, simply betting on the winner of a game or event. Betting strategies are collections of tactics used to give bettors an edge over bookmakers. Matched Betting – An underdog that has a large price to win a competition. There are a number of different terms that should be understood by players of a beginner’s level and. From A to W (there’s currently no Z in casino terms) we have all the gambling terminology you will ever need. 97 x 10 = 69. Common futures bets include betting a team to win a championship at the outset of a season, or betting whether the team will win or lose more games than a set line at the start of the season. VS: Opponent for the team Result: Result in the last game played between the 2 teams ATS: Against the spread result in the game O/U: Over/Under result in the game M/L: Closing. Progressive Jackpots. CCG. A progressive jackpot increases each time a game is played and the jackpot is not hit. Below is our blackjack glossary of all the terms that you might encounter during your time at the tables. George. Terms apply, see operator site for Terms and Conditions. Action – A wager of any kind. Even Money - A wager on which neither side lays any odds or vigorish. A term primarily used in table games to signify a move. When done right, you might be able to win big (and have some fun in the process). (AP Photo/Wayne Parry) Frank Caltagirone, a sports book employee at the Ocean Casino Resort in Atlantic City N. A misspelling of ‘owned’, if you’ve been pwned it means you’ve been beaten in a game. BREAK. For someone else, $200 may be a typical bet, which might be 1 unit for them. Tout (service): a person (or group of people) who either sells or gives away picks on games or. AET. Roulette is probably the first thing that comes to your mind when you think of casino going. Added Game – A game that is not part of the regular Las Vegas rotation. Also called midnight. These are general casino terms only. "We work hard to ensure that our readers find the best gambling sites out there, not just those that offer a great bonus, but those that offer a fun, safe and rewarding experience for players. This parlay pays out $59. This is a term used in both online and land-based casinos for gambling. Decimal pricing is offered as the main odds format in Europe and on antiquated sports lottery options in Canada. Gaffed Wheel – A wheel that has been rigged by either casino or player. 7. Across the Board – Wagering on a horse to Win, Place or Show. Betting Terminology. Pony. In other terms, a $100 bet on the Vikings to cover the spread would net a return of $90. Third-Person Shooter / Over the Shoulder. This is how the bookies and sportsbooks make their money. While getting acquainted with your chosen casino game and its rules. American odds and moneyline betting are essentially odds expressed in monetary terms with $100 being the standard betting unit of reference since it is a nice, round number. Video game terminology (4 C, 176 P) Pages in category "Game terminology" The following 31 pages are in this category, out of 31 total. Outright betting got mentioned in the subheading that defined each-way wagering. Face Cards: the jack, king, or queen. ABC Player - This is a player that has a very predictable manner, usually. If a team is a puck line underdog (+1. Casino Terminology, Phrases, & Slang. Sports betting/gambling terms explained. The cumulative amount of wagered money on a particular slot over a period of time. Why is a deep knowledge of gambling terminology important for iGaming translation and localization professionals and iGaming writers? Accuracy and market sensitivity are givens in every sector but are absolute non-negotiables in the iGaming sector – a multi-billion dollar industry that transcends global borders. See more specific info on casino games. Hit. If the horse wins, the player collects three ways; if second, two ways; and if third, one way, losing the win and place bets. PK. ON THE GRIFT. 0 represents an evens odds bet. The bookies that have an official license are the best place to bet on sports with best sports bet app. When oddsmakers release a betting line on a game, the first thing they do is decide which team should be the favorite and which should be the underdog. Key Terms on a Betting Slip. ; American odds – Odds with +240 or -310 format also known as moneyline odds. Conversely, ATS or “Against The Spread. From A to W (there’s currently no Z in casino terms) we have all the gambling terminology you will ever need. When placing these bets, there’s a straightforward payout system: if you bet $10 and win, then your return is another $10. As you step into the thrilling world of sports betting, it’s essential to understand the unique terminology that seasoned bettors use. SU: An abbreviation for Straight Up. Select your preferred money line wager for the game, enter a stake of at least $5, and confirm your wager to place. 25 in profit (Payout = $16. George. Online Casino. There is more gambling terminology in the other subcategories of Category:Gambling . If you were betting on the Patriots and their 3/1 odds, you would win $3 for every $1 you spend. R to Z. Action: This is when you have a bet on a game, match, race, or season. A single wager of money on a gambling game. The table layout is slightly different and the names of the sectors are in French. ; Ante-post – A bet used in horse racing to define a wager placed before the start of the race. This term is used. GL – Good luck. Simple & Flavorful Bloody Mary Recipe – Impress Your Friends. After improving your gambling knowledge through our online gambling guides, you can move onto learning the gambling lingo. How Does Plus/Minus Work in Sports Betting? With betting, odds are defined in terms of money and $100 is usually the standard amount. Banker – A bet which is believed to be a heavy favourite to win. 5-point home underdogs while the Ravens are -5. Odds: The likelihood of a particular outcome or event happening, expressed as a ratio or a fraction. Gambling is an ever-expanding branch of industry in different regions around the world. NFL betting terms or lingo can frequently be confusing for a novice. All-In. A slang term for a novice bettor, or one that generally loses money. Action – Any kind of wager or bet placed. If the favorite is -250, that means you have to risk $250 to make $150. - Any wager with 1:1 odds, meaning there is no juice or vigorish. A bet where each outcome has a + or a - handicap applied to it. “Ace in the hole”. D’Alembert Betting System — A betting system employed by players in casinos. Hawks game and select it to view available betting markets. Typically, in a game between defensive-minded teams, or in brutal weather. NFL betting terms or lingo can frequently be confusing for a novice. Bet. 7. Over/Under: The total amount of points or runs scored in the game. Wheel Strategies — Tactics used to take advantage of flaws on the roulette wheel in order to gain an edge. Double carpet: UK slang for 33/1 odds. The world of sports betting can be overwhelming to beginners, partly due to the obscure lingo that has become commonplace within the industry. Dog (aka Underdog) – the term dog represents a team or a player who is expected to lose a game. The juice is part of every bet that a sportsbook offers. Underdogs. Updated: Oct 18, 2023. One of the more confusing terms in the sports betting world to the uninitiated can be the pluses and minuses such as Dallas Cowboys +320 or Tampa Bay Buccaneers -420, which Tipico set for the NFL. In other words, your wager is returned if the game finishes level. The underdog is expected to lose and gets a plus sign. 2 days ago · Black Friday has delivered the goods in terms of gaming deals, whether you own a Steam Deck, PS5, Xbox Series X, or a Nintendo Switch. Favorite – The team considered most likely to win anevent. American Odds. This term shows signs of a good process if the customer is. With legalized sports betting sweeping the nation at breakneck speed, it’s more important than ever to recognize various gambling terms and their meanings. This is a term used in both online and land-based casinos for gambling. Deposit: To gamble for real money you're going to need funds in your online gambling account. Edge - A person's advantage when it comes to sports betting. Dime – betting slang terms for a $1000 bet. %PDF-1. Spreads are among the more popular forms of sports betting. Here are the best deals. If a game has an over/under of 46. The term acknowledges the pressure that goes along with acting before anyone else. Advantage Play – A playing style that uses certain quirks of the game to give the player an edge over the casino or dealer. Betwinner Review. Yale Medicine is a leader in gambling. General Terms. Fifty Cents - A $50 sports wager. In sports betting, a pony is British slang for a sum of $25. Deuce — Rolling two 1s in dice. A bookie sets odds, accepts and places bets, and pays out winnings on behalf of other people. Dime Line. Action - A bet or wager. Sports bettors place their wagers either legally, through a bookmaker/sportsbook, or illegally through privately run enterprises referred to as "bookies". J. About the Team at Gamblingguy; How We Rate at GamblingGuy IN; Contains commercial content. Users located in a jurisdiction where interactive gaming is not legal are not permitted to engage in. The best sports betting terms to improve your betting knowledge; All definitions are from professional sports bettor MVP; Sports Betting Terms. A player who is a big tipper. 5 points, and you bet the “over,” then you’re betting on a final combined score of at least 47 points (e. Deposit — The money you pay the online casino to add gambling funds to your betting account. " Place A bet on a horse to finish second in a race. Cricket betting terminology can be confusing for those new to the sport. Gambling (remote) Gambling (remote) means gambling in which persons participate by the use of remote communication using the internet, telephone, television, radio, or any other kind of electronic or other technology for facilitating communication. Variance is much larger than many players realise. . Gambling Stake — Amount of money reserved for gambling. Ace: comes from the term “ace of spades,” which is usually the highest and most valuable card in the deck. Our glossary to. Betting Dog Names. This is very important to. Example: Betting Patriots -2. 5 as well as Rams +3. This article explains several popular betting options, followed by a glossary with dozens of sports betting terms.