Gambling Terminology

Casino Gambling Terminology

By on January 17, 2018

Action The amount of money wagered
Active player One who is still in the pot
Bankroll A player’s total available gambling money.
Bet Wager
Blind bet A bet that certain poker players are required to make because of their betting positions.
Bluff In poker, players bluff when raising with a weak hand in hopes of driving out players with stronger hands.
Break-even point The break-even point is the point at which if you played forever, the bets you made would approximately equal the payoffs you’d receive.
Bug A joker
Bump To raise
Card sharp A person who is an expert at cards.
Carousel A group of slot machines that are positioned in a ring, enabling a change person to stand in the center.
Cashier’s cage The place in a casino where players may redeem their casino chips for cash.
Casino advantage The edge that the house has over the players
Check In casino gambling, a check is another term for a chip. In poker, a player can check in order to stay in the game but not bet.
Chips Round tokens that are used on casino gaming tables in lieu of cash.
Cold A player on a losing streak, or a slot machine that isn’t paying out.
Comps Complimentary gifts used by casinos to entice players to gamble. Typical comps include free room, food and beverage.
Croupier The French word for dealer, used in the games of baccarat and roulette.
Cut When the dealer divides a deck into two parts and inverts them after they have been well shuffled.
Cut card A card of different color that is used to cut a deck of cards.
Deal To give out the cards during a hand
Deuce A two
Dice Two identical numbered cubes
Die Singular for dice, a cube with numbers 1-6 on each side
Dime bet A $1000 wager
Edge An advantage over an opponent
Expected win rate A percentage of the total amount of money wagered that you can expect to win or lose over time
Face cards The jack, queen, and king of any suit of cards
Front money Cash or bank checks deposited with the casino to establish credit for a player who bets against that money
Four of a kind Four cards of the same rank, also known as quads
Hand Refers to the cards that you hold, or to everything that happens in a card game between shuffles of the deck
High roller A big bettor
Holding your own Breaking even
Hot A player who is on a winning streak, or a slot machine that is paying out
House edge The percentage of each bet that you make that the house takes in. Winning bets are paid off at less than the true odds to generate income for the house
Jackpot A big win on a slot machine
Marker A check that can be written at the gaming tables by a player who has established credit with the casino
Number pool The range of numbers from which you select the ones you want to play. A typical lottery pool ranges from 1 to 60, and the keno pool is 1 to 80
Nut Either the overhead costs of running a casino, or the fixed amount that a gambler decides to win in a day
Odds Ratio of probabilities
Overlay A good bet where you have an edge over the casino
Pair Any two cards that have the same rank
Pass To not bet, to fold
Pay cycle A theoretical expression that reflects the number of plays required for the machine to cycle through all possible winning and nonwinning combinations
Payoff Your payback; the return you see on a wager
Payout percentage Also referred to as the 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
Pit An area of a casino in which a group of table games are arranged, where the center area is restricted to dealers and other casino personnel
Pit boss The person who supervises all the games and casino personnel associated with a pit during a particular work shift. Pit bosses are in place to watch for cheating, settle disputes, and give comps to big bettors
Pressing A player is pressing the bet when they let winnings ride by wagering them along with the original bet
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
Quads Four of a kind
Rank The worth of a set of cards
RFB High rollers are comped with free room, food, and beverage
Session A series of plays at any gambling game
Shuffle Before each hand the dealer mixes up the order of the cards
Three of a kind Three cards of the same rank
Toke A tip given to the dealer in the form of money or chips
Trey A three
True odds The ratio of the number of times one event will occur to the number of times another event will occur. The odds posted in a casino are usually not the true odds
Underlay A bad bet; an event that has more money bet on its happening than can be justified by the probability of it happening
Vigorish The fee, or commission taken by the house
VIP A big bettor that is worthy of full complimentary treatment