Despite the actuality that web betting is now a many billion dollar business, and boundless thousands of new gamblers world-wide sign on each day to wager at web gambling halls, there are still millions of newbies to the world of web wagering who don’t as yet have a good understanding of a lot of the doublespeak used in web gambling, and betting on sports in general. However, knowledge of these terms is indispensable to interpreting the games and regulations of gaming:
ACTION: Any type of wager.
ALL-IN: In poker, all-in means a player has risked all of her money into the pot. A second pot is created for the gamblers with remaining money.
ALL-UP: To bet on many horses in the same race.
ANTE: A poker phrase for allocating a specified value of money into the pot prior to the start of each hand.
BRING-IN: A mandatory bet in seven-card stud made by the gambler showing the lowest value card.
BUST: You lose; As in twenty-one, when a gambler’s cards total over 21.
BUY-IN: The minimal value of funds required to get in a game or event.
CALL: As in poker, when a bet equals an already carried out bet.
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: As in spread betting, meaning to put a wager equal to but opposite of the leading wager.
COLUMN BET: To bet on one or more of the three columns of a roulette table.
COME BET: In craps, the same as a pass-line bet, but carried out after the shooter has ascertained her point.
COME-OUT ROLL: A crapshooters first toss to establish a number, or the initial toss after a point has been arrived at.
COVERALL: A bingo term, symbolizing to blanket all the spots on a bingo sheet.
CRAPPING OUT: In craps, to roll a 2, three or twelve is an automatic defeat on the come-out roll.
DAILY DOUBLE: To select the champions of the initial two races of the tournament.
DOWN BET: To wager that the outcome 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 sets of twelve numbers, one-twelve, etc.
EACH WAY BET: A athletic event bet, meaning to wager on a group or player to win or place in an event.
EVEN MONEY BET: A bet that pays out the same amount as gambled, ( one to one ).
EXACTA: Betting that 2 horses in a race will complete the race in the absolute same order as the bet – also referred to as a " Perfecta ".
FIVE-NUMBER LINE BET: In roulette, a wager placed on a grouping of five numbers, for instance 1-2-3-0, and 00.