This comprehensive glossary is designed to be your go-to resource for all things gambling, from the basic “Ante” in poker to the more complex “Variance” in slot games. With clear, concise definitions, you’ll quickly get up to speed on the lingo, giving you the confidence to play smarter and enjoy the experience more fully. Whether you’re spinning the reels, placing a bet, or bluffing at the poker table, knowing these terms will give you an edge in any casino setting.
A
- Action: The amount of money wagered in a game or over a series of games.
- All-in: A bet where a player risks all their remaining chips in a poker game.
- Ante: A small, mandatory bet made by all players before a poker hand begins.
- Auto Play: A feature in slot machines that allows the game to spin automatically for a predetermined number of rounds.
- Active Payline: The specific line in a slot machine where a winning combination must land to payout.
- Accumulator: A bet that combines several selections, with winnings from one bet rolling over to the next.
- Aggregate Limit: The maximum payout limit for a specific event, game, or session.
- Against the Spread (ATS): A bet on whether a team will cover the point spread in sports betting.
- Ante-Post: A bet placed before the final declaration of participants in an event, usually at higher odds.
- Arbitrage: Betting on all possible outcomes of an event to guarantee a profit regardless of the result.
B
- Bankroll: The total amount of money a player has set aside for gambling purposes.
- Betting Limits: The minimum and maximum amount a player can wager on a game. Learn more about it here – https://www.telecomasia.net/za/sports-betting/reviews/hollywoodbets/spina-zonke/
- Blackjack: A popular card game where the objective is to beat the dealer by having a hand value of 21 or closest without going over.
- Bonus: Extra funds or free spins offered by online casinos as promotions.
- Buy-in: The amount of money required to enter a poker tournament or table game.
- Banker: In Baccarat, the hand against which players bet. It has a slightly lower house edge compared to the player’s hand.
- Bust: In card games like Blackjack, a hand that exceeds the value of 21, resulting in an automatic loss.
- Balance: The amount of money available in a player’s casino account.
- Bonus Abuse: Exploiting casino bonuses through unethical practices to gain unfair advantage.
C
- Cash Out: A feature that allows players to withdraw a portion of their bet before the event has ended.
- Casino Advantage: Also known as the house edge, it’s the statistical advantage the casino has over the players in any given game.
- Chips: Tokens used in casinos to represent money in table games.
- Comp Points: Loyalty points earned by players for wagering, which can be converted into cash or other rewards.
- Croupier: The dealer or person responsible for managing the game at a casino table.
- Cold Streak: A period during which a player experiences consistent losses.
- Chase: When a player continues to bet after losses in an attempt to win back money.
- Cashback: A casino promotion where players receive a percentage of their losses back as cash or credits.
- Card Counting: A strategy in Blackjack used to keep track of the cards that have been dealt to determine the likelihood of certain cards being dealt next.
- Coin Size: The value assigned to each coin in a slot machine, determining the bet size.
- Collusion: When two or more players conspire to cheat by sharing information during a game.
- Call: Matching the current highest bet in poker to continue playing the hand.
D
- Dealer: The person responsible for managing the game and dealing the cards in casino table games.
- Deposit Bonus: A casino promotion where players receive extra funds based on the amount they deposit.
- Double Down: In Blackjack, a move where a player doubles their initial bet in exchange for agreeing to stand after receiving one additional card.
- Down Card: A card dealt face down in games like poker or Blackjack, not visible to other players.
- Draw: In poker, a situation where a player needs specific cards to complete a strong hand.
- Drop: The amount of money exchanged for chips at a casino table, also known as the buy-in amount.
- Dutching: A betting strategy where a player backs multiple selections in an event to guarantee a profit regardless of the outcome.
- Dead Man’s Hand: In poker, a hand consisting of two black aces and two black eights, associated with the death of Wild Bill Hickok.
- Draw No Bet: A type of sports bet where the stake is returned if the match ends in a draw.
- Daily Jackpot: A progressive jackpot in online slots that is guaranteed to be won by a certain time each day.
E
- Edge Sorting: A technique used by players to identify subtle variations on the back of cards to gain an advantage.
- Even Money: A bet that pays 1:1, meaning the amount won is equal to the amount staked.
- En Prison: A rule in European Roulette where a player’s even-money bet is held ‘in prison’ if the ball lands on zero, giving them a second chance to win.
- Expected Value (EV): A calculated prediction of the average return of a bet if it were repeated many times.
- Eye in the Sky: Surveillance cameras used in casinos to monitor player activity and prevent cheating.
- Early Surrender: In Blackjack, the option to surrender a hand before the dealer checks for Blackjack, receiving half the bet back.
- E-wallet: A digital wallet used to store funds and make online transactions, commonly used for casino deposits and withdrawals.
- Entry Fee: The cost required to participate in a casino tournament or event.
- Elimination Tournament: A type of poker tournament where players are eliminated when they lose all their chips.
F
- Free Spins: A slot machine feature or promotion that allows players to spin the reels without wagering their own money.
- Flop: The first three community cards dealt face up in Texas Hold’em poker.
- Flat Betting: A betting strategy where the same amount is wagered on each bet, regardless of the outcome of previous bets.
- Fold: In poker, the action of giving up a hand and forfeiting any bets made.
- Freeroll: A poker tournament with no entry fee, but with real-money prizes.
- Fixed Odds: Betting odds that do not change after the bet has been placed.
- Fish: A term used to describe a weak or inexperienced poker player.
- Face Card: Any Jack, Queen, or King in a deck of cards.
- Five-Card Draw: A traditional form of poker where players are dealt five cards and have the opportunity to replace some or all of them.
- Flash Casino: An online casino that runs on Flash technology, allowing games to be played instantly in a web browser without downloading software.
- Fifty-Fifty Bet: A bet where the probability of winning is roughly 50%, such as red or black in Roulette.
- Fold Equity: The additional value a player gains from a bet when there is a chance that an opponent will fold.
- Full House: A poker hand consisting of three of a kind and a pair.
G
- Gambler’s Fallacy: The mistaken belief that past random events affect the likelihood of future random events.
- Grind: Playing for small, consistent wins over a long period rather than risking larger amounts for bigger payouts.
- Gutshot: A straight draw in poker where the needed card falls in the middle of the straight, e.g., needing a 7 to complete a straight of 5-6-7-8.
- Game of Chance: Any game where the outcome is strongly influenced by random factors rather than skill.
- Gaming License: The official authorization for a casino to operate legally within a specific jurisdiction.
- Guidelines: The official rules and recommendations provided by a casino or regulatory body to ensure fair play and responsible gambling.
H
- House Edge: The mathematical advantage that the casino has over players, ensuring the casino will make a profit in the long run.
- High Roller: A player who wagers large amounts of money in a casino.
- Hit: In Blackjack, requesting an additional card to try to improve a hand.
- Hold: The percentage of the total money wagered that the casino keeps as profit.
- Hole Card: A card dealt face down in games like poker or Blackjack that is not visible to other players.
- Hand: The cards dealt to a player in a game, such as a poker hand or a Blackjack hand.
- Heads-Up: A situation in poker where only two players are left in the game, competing directly against each other.
- Hot Streak: A period during which a player experiences a series of consecutive wins.
- High Limit: A section of the casino or a table that has higher betting limits, catering to high rollers.
- Hit Frequency: The percentage of times a slot machine will stop on a winning combination.
- House Rules: The specific rules and procedures established by a casino for its games.
- Hold’em: A popular poker variant where players are dealt two private cards and use five community cards to make the best hand.
- Hard Hand: In Blackjack, a hand without an Ace, or with an Ace counted as 1.
I
- In the Money (ITM): In a poker tournament, reaching a position where the player is guaranteed to win a prize.
- Inside Bet: In Roulette, a bet placed on the inner section of the betting layout, covering specific numbers.
- Insurance: A side bet in Blackjack that protects the player against the dealer having a Blackjack.
- Instant Play: Casino games that can be played directly in a web browser without the need to download software.
- Interac: A popular payment method in Canada, used for making casino deposits and withdrawals.
- Implied Odds: The odds that consider the potential winnings from future betting rounds, often used in poker.
- Initial Bet: The first wager placed by a player at the beginning of a hand or game.
- iGaming: The industry term for online gambling, encompassing all forms of online betting and gaming.
- In-Play Betting: Also known as live betting, it allows players to place bets on events after they have started.
J
- Jackpot: A large prize or payout, typically in slots or progressive games, often triggered by a rare combination.
- Junket: A complimentary trip or package offered by a casino to attract high rollers.
- Juice: Also known as vigorish, it is the commission charged by a bookmaker on a bet.
- Jacks or Better: A popular video poker variant where the minimum winning hand is a pair of Jacks.
- Joker: A wild card in certain games, often substituting for any other card to complete a winning combination.
- Jackpot Slot: A slot machine that offers a jackpot prize, which can be fixed or progressive.
- Joker Poker: A video poker variant that includes Jokers as wild cards, increasing the chances of forming a winning hand.
- Jackpot Pool: The collective amount of money that can be won as a jackpot, often funded by a percentage of each bet.
K
- Kicker: In poker, a side card used to break ties when players have the same hand value.
- Keno: A lottery-style game where players select numbers and win based on how many of their numbers match those drawn by the casino.
- King: A face card with a value of 13 in many card games.
- KYC (Know Your Customer): A process used by casinos to verify the identity of their players to prevent fraud and comply with regulations.
- Knockout Tournament: A poker tournament where players are eliminated as they lose all their chips, with the last remaining player winning the prize.
- Kicker Problem: A situation in poker where the strength of a hand is weakened because the kicker card is lower than the opponent’s kicker.
- King-High: A poker hand where the highest card is a King and there are no pairs or better combinations.
- Kicker Bonus: An additional payout or prize in a slot game or poker hand if certain conditions are met.
L
- Live Dealer: A real person who deals cards or spins the wheel in a live-streamed casino game, offering a more interactive experience.
- Low Roller: A player who bets small amounts of money in a casino.
- Lay Bet: In sports betting, a bet against a certain outcome, typically available on betting exchanges.
- Loyalty Program: A casino program that rewards players with points or perks based on their play.
- Lucky Number: A specific number that a player repeatedly bets on, believing it to bring good fortune.
- Loose Slot: A slot machine that is believed to pay out more frequently than others.
- Limit: The maximum or minimum amount a player can bet in a specific game or round.
- Lump Sum: A one-time payout of all winnings, as opposed to an annuity or installment-based payment.
- Laying the Odds: In Craps, betting against the point being rolled before a 7 is rolled.
- Longshot: A bet or outcome that has a low probability of occurring but offers high odds.
- Line Bet: In slots, a wager placed on a specific payline, determining whether a combination will result in a win.
- Lucky Streak: A period during which a player experiences a series of consecutive wins.
M
- Max Bet: The highest amount of money a player can wager on a single spin or hand.
- Marker: A line of credit issued to a player by a casino, often used by high rollers.
- Multi-hand: A feature in video poker or blackjack that allows a player to play multiple hands simultaneously.
- Moneyline: A type of bet in sports betting that predicts the outright winner of a game or match without point spreads.
- Martingale System: A betting strategy that involves doubling the bet after each loss to recover previous losses and gain a profit.
- Mystery Jackpot: A randomly awarded jackpot that can be triggered at any time, regardless of the player’s wager or outcome.
- Multiplier: A feature in slots that increases the winnings by a specified factor, often found in bonus rounds.
- Main Event: The most important or high-profile event in a poker tournament series, often with the largest prize pool.
- Min Bet: The smallest amount of money a player can wager on a single spin or hand.
- Multi-Table Tournament (MTT): A poker tournament where players compete on multiple tables, with players being consolidated to fewer tables as participants are eliminated.
- Megaways: A slot machine mechanic that offers a variable number of ways to win on each spin, often resulting in thousands of potential combinations.
- Mystery Card: A card in a game that remains unknown to players until it is revealed, adding an element of surprise.
- Money Management: The practice of controlling and managing a bankroll to ensure long-term play and minimize losses.
N
- No Deposit Bonus: A casino bonus that does not require the player to make a deposit to receive it, often used to attract new players.
- Natural: In games like Blackjack or Baccarat, a hand that totals 21 or 9 with the first two cards dealt.
- Nuts: In poker, the best possible hand at any given point in the game.
- Nickel: A slang term for a $500 bet, often used in sports betting.
- Nine: In Baccarat, the highest possible hand value.
- Nosebleed Stakes: Extremely high betting limits, typically found in exclusive high-roller rooms or games.
- Net Win: The amount of money a player wins after subtracting their losses.
- Nudge: A feature in some slot machines that allows the player to move a reel slightly to improve a winning combination.
- No-Limit: A version of poker where there is no maximum bet, allowing players to wager all of their chips at any time.
- Nut Flush: In poker, the best possible flush hand available, usually with the Ace as the highest card.
- New Customer Offer: A bonus or promotion offered by casinos to attract new players, typically in the form of free spins or bonus money.
- Number Betting: Placing bets on specific numbers in games like Roulette, hoping the ball lands on the chosen number.
O
- Odds: The probability or likelihood of a specific outcome occurring, often expressed in fractional or decimal form.
- Overlay: In poker, when a tournament has a guaranteed prize pool that exceeds the total buy-ins collected, creating added value for players.
- Off-Suit: In poker, a hand where the two starting cards are of different suits.
- On Tilt: A state of frustration or agitation that causes a player to make poor decisions, often after a losing streak.
- Out: In poker, a card that will improve a player’s hand to the winning hand.
- Over/Under Bet: A type of sports bet where the total number of points scored by both teams is predicted to be over or under a specified amount.
- Online Casino: A website or platform that offers gambling games such as slots, poker, and table games over the internet.
- Outside Bet: In Roulette, a bet placed on the outer section of the betting layout, covering larger groups of numbers, like red/black or odd/even.
- Open Face Chinese Poker: A poker variant where players build their hands openly, with incomplete information about future cards.
- Overlay Jackpot: A jackpot that must be paid out by a certain time, often increasing player interest as the deadline approaches.
- Overcard: In poker, a card higher than any card on the board, often giving a player a strong advantage.
- Odds Boost: A promotion that temporarily increases the odds for a specific bet, offering higher potential returns.
- Open: In poker, to be the first player to bet in a round.
P
- Payout: The amount of money a player receives after winning a bet or game.
- Progressive Jackpot: A jackpot that increases each time the game is played but not won, often shared across multiple machines or casinos.
- Payline: A line in a slot machine on which a winning combination of symbols must land to trigger a payout.
- Pit Boss: A casino employee responsible for overseeing table games, ensuring fair play and managing dealer activities.
- Push: A situation in Blackjack where the player and the dealer have the same hand value, resulting in no win or loss.
- Parlay: A bet that combines multiple selections into one wager, with the winnings from one bet being wagered on the next.
- Paytable: A chart that shows the payouts for different combinations of symbols or hands in a casino game.
- Pocket Pair: In poker, when a player is dealt two cards of the same rank.
- Poker Face: The expressionless or unreadable demeanor a player maintains to prevent opponents from guessing their hand.
- Point Spread: In sports betting, a handicap applied to one team to create a more balanced betting market.
- Penny Slot: A slot machine that allows players to bet as little as one cent per payline.
- Perfect Pair: In Blackjack, a side bet where a player bets on being dealt a pair in their initial two cards.
- Player: In Baccarat, one of the two main hands dealt, against which the “Banker” hand is played.
- Pot: The total amount of money or chips bet in a single hand of poker, which is awarded to the winning player.
- Payout Percentage: The percentage of all wagered money that a slot machine or casino game will pay back to players over time.
- Pair: In poker, a hand containing two cards of the same rank.
- Pass Line: In Craps, a bet that the shooter will roll a winning number (7 or 11) on the first roll, or make the point before rolling a 7.
Q
- Quads: In poker, a hand containing four cards of the same rank, also known as four of a kind.
- Qualifying Hand: A hand that meets the minimum requirement to win or continue in a game, often used in poker variants.
- Quarter: A term for a $25 chip in casino games.
- Quarters: A term used for slot machines where the denomination is 25 cents per credit.
- Quit: The action of leaving a game or cashing out your winnings in a casino.
- Queen: A face card with a value of 12 in many card games.
- Quarter Bet: In Roulette, a bet placed on four adjacent numbers on the betting grid, also known as a corner bet.
R
- RNG (Random Number Generator): A computer algorithm used in online casinos to ensure that the outcomes of games are random and fair.
- Rake: The small percentage of each pot that a poker room takes as a fee for hosting the game.
- Rebuy: In poker tournaments, the option for players to buy more chips after losing their initial stack.
- Roulette: A casino game where a ball is spun on a wheel and players bet on which number, color, or section the ball will land.
- Reload Bonus: A casino promotion that offers a bonus on subsequent deposits after the initial deposit.
- River: In poker, the final community card dealt in games like Texas Hold’em.
- Reel: The vertical section of a slot machine that spins to display symbols.
- Red Bet: A bet in Roulette placed on the ball landing on any red number.
- Royal Flush: The highest-ranking hand in poker, consisting of a ten, jack, queen, king, and ace of the same suit.
- Re-spin: A slot feature that allows a player to spin a single reel again, often at an additional cost, to improve a winning combination.
- Risk-Free Bet: A promotion where a player can make a bet with the guarantee that if they lose, the stake will be refunded.
- Return to Player (RTP): The percentage of wagered money a slot machine or casino game returns to players over time.
- Re-buy Period: The period during a poker tournament when players can purchase additional chips after losing their stack.
- Runner-Runner: In poker, when a player hits two consecutive cards on the turn and river to complete a strong hand.
- Rummy: A card game where the goal is to form sets or runs of cards, often played in both casinos and social settings.
S
- Scatter Symbol: A symbol in slots that pays out regardless of its position on the reels and often triggers bonus features.
- Stake: The amount of money bet on a game or event.
- Sit and Go: A poker tournament that begins as soon as enough players register, usually with a small number of participants.
- Split: In Blackjack, the option to divide a pair into two separate hands, doubling the original bet.
- Slot Volatility: The risk level associated with a particular slot game, indicating how often and how much it pays out.
- Shark: A highly skilled poker player who consistently wins money from weaker players.
- Soft 17: A hand in Blackjack that includes an Ace counted as 11 and totals 17.
- Shoe: A device used in casino table games like Blackjack to hold multiple decks of cards and deal them.
- Straight: In poker, a hand consisting of five consecutive cards of different suits.
- Side Bet: An additional bet placed on a game, often with a different set of rules or payouts from the main game.
- Second Chance Bet: A bet offered in some games that allows players to place a new bet after an initial losing bet.
- Sportsbook: A venue or platform where bets can be placed on sports events.
- Suit: One of the four categories in a deck of cards: hearts, diamonds, clubs, and spades.
- Slot Machine: A casino game where players spin reels to match symbols and win prizes.
- Surrender: In Blackjack, the option to forfeit half of the original bet and end the hand.
- Street Bet: In Roulette, a bet on three consecutive numbers in a row on the betting grid.
- Stack: The total amount of chips a player has in a poker game.
- Satellite Tournament: A smaller tournament that awards seats or entry to a larger tournament as the prize.
- Sweat: The feeling of anticipation and excitement as you wait for the outcome of a bet or hand.
T
- Table Games: Casino games that are played on a table, such as Blackjack, Roulette, and Baccarat.
- Tilt: A state of emotional frustration in which a player makes poor decisions, often leading to further losses.
- Three of a Kind: In poker, a hand containing three cards of the same rank.
- Turn: In poker, the fourth community card dealt in Texas Hold’em, also known as the fourth street.
- Toke: A tip given to a dealer in a casino, often from a player’s winnings.
- Tournament: A competitive event where players compete for a prize pool, typically seen in poker or slot events.
- Toke Box: A container where dealers collect tips or tokens in a casino.
- Table Limit: The minimum and maximum bets allowed at a casino table game.
- Ticket: A printed receipt or voucher representing a bet, often used in sports betting or in slot machines.
- Tell: A physical or verbal clue that gives away information about a player’s hand in poker.
- Tapping Out: In poker, when a player runs out of chips and is eliminated from the game.
- Teaser: A type of sports bet that allows the bettor to adjust the point spread in their favor, typically for a lower payout.
- Turbo: A type of poker tournament or game with faster blinds or shorter decision times, increasing the pace of the game.
- Time Bank: An additional amount of time given to a player to make a decision in online poker.
- Tracking: The act of monitoring a player’s betting patterns or behavior, often done by casinos to detect advantage play.
U
- Upcard: In Blackjack or Stud Poker, a card dealt face-up that is visible to all players.
- Underdog: In sports betting, the team or individual considered less likely to win, often with higher payout odds.
- Unit: A standard amount of money used to measure the size of a bet, often used by bettors to manage their bankroll.
- Underlay: A bet where the odds are not in the bettor’s favor, offering less value than the actual probability suggests.
- Upswing: A period of consistent wins or profit, often experienced by players during favorable runs.
- Unlimited Rebuy: A feature in some poker tournaments that allows players to buy more chips an unlimited number of times during a specific period.
- Under the Gun (UTG): In poker, the position immediately to the left of the big blind, where the first betting action occurs.
- Up the Ante: To increase the stakes or bet size in a game, often to apply pressure on opponents.
- Uniform Bet: A betting strategy where the same amount is wagered on every bet, regardless of the outcome of previous bets.
V
- Variance: The statistical measure of the spread of outcomes in a game, indicating how much results can deviate from the expected average.
- Vigorish (Vig): The commission or fee that a bookmaker charges for taking a bet, also known as juice.
- Video Poker: A casino game that combines the elements of slots and poker, where players try to make the best hand from the cards dealt.
- Voisins du Zéro: A section of the Roulette wheel that includes 17 numbers close to 0, often the focus of specific betting strategies.
- Virtual Casino: An online platform that offers digital versions of traditional casino games.
- VIP Program: A rewards system that offers special perks and bonuses to high-stakes or loyal players at a casino.
- Volatility: The risk level associated with a game, indicating how often and how much it pays out; high volatility games have bigger but less frequent payouts.
- VLT (Video Lottery Terminal): A type of electronic gambling machine found in certain jurisdictions, similar to a slot machine but connected to a central server.
- Void Bet: A bet that is canceled, often due to an error or change in circumstances, with the stake returned to the player.
- Vulnerable Hand: In poker, a hand that is currently strong but can easily be overtaken by common hands.
W
- Wager: The amount of money bet on a game or event.
- Wild Symbol: A special symbol in slot games that can substitute for other symbols to create winning combinations.
- Win Rate: The percentage of games or bets won by a player, often used to assess skill level or profitability.
- Whale: A very high roller who wagers large sums of money in a casino.
- Wagering Requirements: The conditions that a player must meet before they can withdraw winnings from a bonus, typically requiring them to bet a certain amount of money.
- Wheel of Fortune: A popular slot game based on the TV game show, known for its large jackpots and bonus features.
- Wild Card: A card that can be used to represent any other card in games like poker, often creating stronger hands.
- Winning Streak: A series of consecutive wins by a player, often leading to significant profit.
- Win/Loss Ratio: A metric that compares the number of wins to the number of losses, used to evaluate a player’s performance.
- Wheel Bet: In Roulette, a bet covering several numbers that are adjacent on the wheel rather than on the layout.
- Withdrawable Balance: The portion of a player’s balance that can be withdrawn, often after meeting wagering requirements.
- Wild Reels: A feature in slot games where entire reels turn wild, increasing the chances of landing a winning combination.
- Win Line: Another term for payline, referring to the line on which symbols must align for a slot payout.
- Walk: In poker, when all players fold to the big blind, allowing the big blind to win the pot without a fight.
Y
- Yankee: A type of bet in sports betting that consists of four selections and 11 separate bets: six doubles, four trebles, and one four-fold accumulator.
- Yo (11): A craps term for betting that the next roll will be 11.
- Yield: The return on a player’s investment in a game, expressed as a percentage of total stakes.
- Yellow Chip: A casino chip with a value of $1,000, typically used in high-stakes games.
- Yard: Slang for $100 in betting terminology, often used in sports betting.
- Yankee Bet: Another term for a Yankee, which is a combination bet involving multiple selections.
- Yearling: A player who has been gambling for about a year, still considered relatively new to the casino environment.
- Your Turn: In poker or other turn-based games, the moment when a player is expected to act.
- You Bet: A phrase indicating confidence in a bet or decision, often used casually in conversation among bettors.
Z
- Zigzag Strategy: A slot betting strategy where players switch machines or change bet amounts frequently to find a “hot” machine.
- Zero: The green number on a Roulette wheel that gives the house its edge in the game.
- Zoom Poker: A fast-paced poker variant where players are instantly moved to a new table after folding, keeping the action continuous.
- Zero House Edge: A theoretical situation where a game has no house edge, meaning players and the casino have equal chances of winning.
- Zero Sum Game: A situation in a game where one player’s gain is exactly balanced by another player’s loss, often used to describe poker.