Gambling
Dictionary
Action
- The amount of money
wagered. In poker, the
placing of money into
the
pot.
All In
- When a player bets all
his/her chips.
Baccarat
- A card game where the
winning hand totals
closest to 9 discounting
all
units of 10.
Banker
- In a card game, dealer
or the player who books
the action of the
other
bettors at the table.
Bankroll
- A player’s total
available gambling
money.
Bet
- Gamble or wager.
Betting
Limits
- The minimum and
maximum that can be
wagered on one bet.
Blackjack
- A card game where the
players try to beat the
dealer by getting
closest
to 21 without going
over.
Blackjack
Hand - A hand
whose first two cards
total 21.
Bookie
- A person who takes
racing and sporting
bets.
Bust
- To exceed 21 in
Blackjack, making it a
losing hand. Also known
as
break.
Card
Counting
- A system to keep track
of the percentage of
high to low cards since
the
last time the deck was
shuffled. The system can
be used in Blackjack to
reduce the house
advantage.
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Stud
Poker - A 5
card poker game where
all players play against
the house.
Cashier
- The person (casino
employee) who assists
players in redeeming
their
casino
chips for cash.
Craps
- Dice term for 2, 3, or
12.
Dealer
- A casino employee who
deals the various games.
Face
Cards
- A King, Queen or Jack
in a deck of cards.
High
Roller
- A big bettor.
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Hit
- To take another card.
The card received is
also called a hit.
Hole
Card
- The dealer's facedown
card. This card is
unseen.
Hot
- Said of dice that are
passing or a player on
an extended winning
streak.
House
Advantage
- The casino's advantage
over the player in any
game.
Insurance
- A side bet in
Blackjack that's offered
when the dealer's upcard
is an
ace. If the dealer has a
Blackjack, the bet is
paid 2-1. If the dealer
does not, the insurance
bet loses.
Jackpot
- A large win on a slot
machine.
Loose
Slots
- A loose slot indicates
a machine with a higher
payout over a period
of
time.
Odds
- The ratio of
probabilities or the
amount a bet pays.
Payout
Percentage
- The percent of each
dollar played in a video
or slot machine that the
machine is programmed to
return to the player.
Payout percentage is 100
percent minus the house
edge.
Pit
Boss
- A casino employee who
is in charge of all the
tables in a particular
area.
Progressive
Slots - Slots
that allow the player to
increase the potential
jackpot
each time a new coin is
inserted for play. When
the progressive jackpot
finally hits, the amount
resets to the starting
number.
Punter
- A casino player.
Royal
Flush
- In Poker, an ace-high
straight flush which is
the best possible hand.
Shuffle
- Before each hand the
dealer mixes up the
order of the cards
Snake
Eyes
- In craps, when a
player rolls a two.
Stickman
- The dice dealer who
calls the numbers rolled
and controls the stick.
Straight
- In poker, a hand
consisting of five cards
of consecutive ranks,
but
not
of the same suit.
Straight
Flush
- In poker, a hand
consisting of five cards
of consecutive ranks of
the
same suit.
System
- A method of betting.
Three
Of A
Kind - Three
cards of the same rank.
VIP
- A big bettor that is
worthy of full
complimentary treatment.
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