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Odds - The ratio of probabilities or the amount a bet pays. For example 2-1, 3-2.
Odds Maker - A person who establishes the original and subsequent betting
lines.
Odds on Favorite - A horse or competitor that is so favored that the odds are
quoted as less than even money.
Off - Bets that are not working.
Off The Board - Sporting events, casinos or bookmakers will not accept action on.
Office - A secret signal passed from a gambler to his confederate.
One Eyed - The Jack of hearts, Jack of spades or King of diamonds. So named
because the characters are drawn in profile, thus showing only one eye.
One Roll Bets - Wagers that win or lose depending on the next roll of the dice.
On The Hop - A one roll wager.
Open - In poker, the player who bets first.
Outside Bets - Roulette bets located on the outside part of the layout. They
involve betting 12 to 18 numbers at one time and result in a lower payout.
Outside Numbers - In Craps, 4, 10, 5, and 9
Overlay - A good bet where you have an edge over the casino.
Ozzie and Harriet - A hard 8.
Paint - A Jack, Queen or King.
Pair - Any two cards that have the same rank. Generally, pairs can be split and
played as two hands.
Palette - The flat paddle used on the Baccarat table to scoop the cards.
Paper - Marked cards.
Paralay - A bet on two or more propositions.
Parley - Keeping one's winnings in action
Pass - Definition 1: To not bet, to fold. Definition 2: A winning situation for the right
bettors in Craps.
Pass Line - The area where a Pass Line Bet is placed.
Pass Line Bet - A wager made prior to the Come Out roll that a point will repeat.
Past Performance - Prior events are studied in order to help determine the
outcome of a future contest.
Past Post - A devious attempt to bet during or after an event has taken place.
Pat - In blackjack, an unbusted hand worth at least 17 points. In draw poker, a
hand that does not need any more hands.
Pay Cycle - A theoretical expression that reflects the number of plays required for
the machine to cycle through all possible winning and non-winning combinations.
Pay Line - The line on a slot machine window on which the symbols from each
reel must line up.
Pay Off - Calling a bet with little expectation of winning.
Payback Percentage - The percent of each dollar played in a video or slot
machine that the machine is programmed to return to the player. Payback
percentage is 100 percent minus the house edge.
Payoff Schedule - A posting somewhere on the front of a slot or video poker
machine, that tells the player what each winning hand will pay for the number of
coins or credits played.
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.
Payout Table - A posting somewhere on the front of a slot or video poker
machine, that tells the player what each winning hand will pay for the number of
coins or credits played.
Pick`em Game - A dead even game giving both sides an equal chance.
Pigeon - An uneducated, naive, or unsophisticated gambler.
Pit - The area inside a cluster of gaming tables, where the center is restricted to
dealers and other casino staff.
Pit Boss - A casino employee who is in charge of all the tables in a particular area.
Place Bet - The place numbers are 4, 5, 6, 8, 9 and 10. The place bet is a wager
that either one or more of the place numbers will come up before a seven in Craps.
Player - A person gambling at a casino.
Player Position - Eight player positions on each side of the standard craps table,
numbered 1 through eight moving from the stickperson to the dealer.
Plug - A card shuffling technique.
Pocket Cards - Playing cards that are dealt face down during a Poker game.
Point - In craps, dice term for the number rolled on the Come Out Roll if a 4, 5, 6,
8, 9, or 10 are rolled. The point has to be repeated before a seven rolls for the
Pass Line bets to win.
Point Numbers - The numbers 4, 5, 6, 8, 9 and 10 established on the Come Out
roll in Craps.
Point Spread - The listed odds or points offered on a game.
Pot - In a poker game, the amount of money that accumulates in the middle of the
table as each player antes, bets, and raises. The pot goes to the winner of the
hand.
Press - Increasing a bet by double.
Press Bet - A wager twice the size of a person's usual wager.
Pressing - A player is pressing the bet when he/she lets winnings ride by
wagering them along with the original bet.
Price Line - The listed odds or points offered on a game.
Privacy Policy - Defines how your personal information may be used.
Probability - A branch of mathematics that measures the likelihood that an event
will occur. Probabilities are expressed as numbers between 0 and 1. The
probability of an impossible event is 0, while an event that is certain to occur has a
probability of 1.
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.
Proposition Bet - Dice bets on number combinations.
Punter - A casino player.
Purchase: exchange real-world money for online casino credits.
Purchasing Mechanism: Web wallets, online transfer services and other ways of
getting real-world money into your casino account securely and privately.
Push - A tie or standoff when the dealer and the player have the same total. No
one wins and no money changes hands
Quads - Four of a kind.
Qualifier - In Poker, the minimum standard a hand must meet in order for it to be
eligible for part of the pot.
Quarters - A term used by players meaning chips with a $25 denomination.
Quinella - A wager picking the first or second place finish in either order (1,2 or
2,1).
Rack - A box to hold chips or checks.
Raise - In poker, a player raises by matching the previous bet and then betting
more, in order to increase the stake for remaining players.
Rake - The money that the casino charges for each hand of poker. It is usually a
percentage or flat fee that is taken from the pot after each round of betting.
Rank - The value of a set of cards.
Rap - To cast disparaging remarks about someone. Usually done behind his or
her back.
Real Account: a casino account on which you play for, and win, real money.
Red - The most common color used for $5 chips.
Red-Black Bet - In Roulette, an outside wager on whether the next spin will be a
red or a black number. This bet is played off at even money.
Reel - The spinning area on the slot machines displaying the various symbols.
Register - to sign up for a new account, submit your details.
Renege - Definition 1: To refuse to honor a lost wager or debt. Definition 2: To
misplay a card illegally.
RFB - High rollers are comped with free room, food, and beverage.
Riffling - Card shuffling technique.
Right Bettor - A person betting on the Pass Line.
Ring Game - A regular poker game rather than a tournament. May be referred to
as a live game because actual money is used rather than chips.
River - In poker, the final card dealt in a hand of stud or hold 'em. In 7 card stud,
staying in until the fifth and final round of betting is called going to the river.
RNG - the random number generator, which is a computer chip inside a slot
machine. It is constantly generating thousands of numbers every second.
Round Robin - A bet of 3 teams or more.
Royal Flush - In Poker, an ace-high straight flush which is the best possible hand.
Rush - A streak of winning many consecutive hands in Poker.
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