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Grinder A low roller. Grind joint A casino that caters to low rollers. Hedge To make a bet that takes the opposite side of your original bet, usually to reduce the risk of loss and ensure some profit regardless of outcome Markers Used by high rollers like IOUs.
Pastposting Changing your bet after the hand, roll, or spin is completed. This is cheating. Pit boss A casino boss who oversees multiple table dealers.
Rake The money the casino charges for a hand of poker. Sports book The part of the casino that accepts bets on sports games and other athletic contests.
Square An unsophisticated or casual bettor. Describes a gratuity or tip. Turkey A gambler who is unpleasant to the dealer.
Vigorish A fee or commission taken by the house. Whale A gambler who is so wealthy they routinely lose millions of dollars without batting an eye.
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Handle : total amount of money bet at money games. High Roller: big time bettor in casino terms. Hold: betting monies that are placed in the designated gaming table slots.
The dollar value is generally stated as a percentage. Holding Your Own: casino player who is staying on an even keel or breaking even.
Honeymoon Period: also known as Beginners Luck or Winning Phase, this term refers to those players who begin their casino experience with a winning streak.
Hot: a winning player—congrats to you! House: refers to the venue, be it a casino property, bingo hall or online website where casino games are played.
Juice: lingo for the commission received by the house. See Vig. Junket: casino comp trips generally for VIP players and cardholders.
Usually include air, hotel, dining entertainment and other free amenities. Players in turn agree to play and pay a minimum deposit in advance to the sponsoring casino.
Laying or Taking Odds: laying odds can result in receiving less than the amount bet if odds are favorable. Taking the odds occurs when originally betting less than the winning payout received.
Layout : displayed at table games where bet descriptions are printed on the felt or cloth. Martingale: a wagering system where the player doubles up after every loss.
Not highly recommended. Net Winnings: total payout minus your bets placed. On Tilt: in casino terms refers to player s reacting to a losing bet with wild play afterwards.
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Some apply to specific games — generally table games like poker or blackjack — and some might be more general gambling lingo. Often built into the later stages of poker tournaments to force action.
For example, a slot machine might have betting limits of. Burn Cards: Cards set aside by the dealer, taken off the top of the deck and placed in the discard pile; burn cards are not used in play.
The surface of a gaming table where players can place their wagers. The lobby in online casinos is where you can find all the available games.
A scheme offered by online casinos to reward players for their wagering activities. A type of online casino game played against real dealers over a live video stream.
Casino games where a player can play more than one hand at once. Online games where you play with other real players rather than on your own.
A type of bonus offered by online casinos that can be withdrawn once the necessary requirements have been met. It can be applied to individual games or the casino overall.
A table that shows you the relevant pay-out for each bet on table games, or each winning combination on slot machines and video poker games.