Even though the fact that online gambling is now a multi-billion dollar business, and endless thousands of new players around the world log in each day to play at web casinos, there are still millions of newbies to the world of internet gambling who do not as yet have a clear understanding of much of the jargon used in web gambling, and betting on athletic event in general. Nonetheless, understanding of these ideas is indispensable to knowing the games and rules of play:
ACTION: Any style of wager.
ALL-IN: In poker, all-in means a gambler has deposited all of their bankroll into the pot. A second pot is created for the gamblers with remaining chips.
ALL-UP: To wager on many horses in the same contest.
ANTE: A poker phrase for placing a required sum of chips into the pot prior to the start of each hand.
BRING-IN: A necessary wager in seven-card stud made by the gambler showing the smallest value card.
BUST: You don’t win; As in chemin de fer, when a gambler’s cards are valued over twenty-one.
BUY-IN: The minimal amount of cash necessary to enroll in a match or event.
CALL: As in poker, when a bet is the same as a prior made wager.
CHECK: In poker, to remain in the game and not betting. This is allowed only if no other players bet in that round.
CLOSING A BET: Like in spread betting, meaning to place a bet on par with but converse of the first bet.
COLUMN BET: To bet on any of the three columns of a roulette game.
COME BET: In craps, the same as a pass-line bet, but carried out after the shooter has arrived at his point.
COME-OUT ROLL: A crapshooters 1st roll to establish a number, or the first toss after a number has been established.
COVERALL: A bingo term, symbolizing to cover all the squares on a bingo sheet.
CRAPPING OUT: In craps, to toss a 2, 3 or twelve is an automatic defeat on the come-out toss.
DAILY DOUBLE: To pick the winners of the 1st 2 races of the day.
DOWN BET: To bet that the result of an event will be smaller 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-twelve, etc.
EACH WAY BET: A athletic event bet, meaning to bet on a team or player to succeed or position in an event.
EVEN MONEY BET: A bet that pays out the same value as gambled, ( 1:1 ).
EXACTA: laying odds that 2 horses in a contest will complete the race in the absolute identical order as the bet – also known as a " Perfecta ".
FIVE-NUMBER LINE BET: In roulette, a wager placed on a group of five numbers, like 1-2-3-0, and 00.