Casino betting terms
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It is the opposite of the previous term. It refers to games that have a medium limit, as it is short for Middle Limit. It is a term used to describe tournaments that have more than one table in it, as it is short for Multi Table Tournament.
It is the opposite of the previous term; it refers to tournaments with one table, as it is short for Single Table Tournament.
It is short for Nice Hand; it is what players say to compliment other players for their hand if they win. It is short for Very Nice Hand, it is when players have an amazing hand that they won.
It is what is said to players when they play a good hand but lose. It is short for Pre Flop, which refers to anything that happens before the dealer deals the three cards that represent the flop on the poker table.
It refers to a player who raises the stakes before the flop is dealt. It is short for Pre Flop Raiser. They are terms that refer to players depending on their position to the speaker.
It is short for suited which means that they have the same suit. So S K7 means that the King and the Seven have the same suit.
It is a term used to refer to players who are aggressive and tight. It is short for Tight and Aggressive. It refers to the poker hand of players if they have a Top Pair with the Best possible kicker.
Like the previous one but instead of the Best Kicker, it is a Good Kicker. It is a term used to describe a hard loss. Placing an amount of money or anything of value on the outcome of a race or a match.
It refers to the maximum bet that is accepted by a bookmaker on a particular bet. An organization or an individual that accepts wagers and bets on sporting events or races.
The person that accepts the wagers himself but sometimes Book and Bookie are used to describe the same thing.
A game that is limited due to unexpected weather conditions or injuries. A compulsive gambler who keeps on betting whether he loses or wins.
The bets that come in as soon as the wagering lines are available for gamblers. Bets in which players will win the same amount they wagered.
In other words, bets that pay 1: The monetary amount the house or the bookie can stand to lose on a race or a game. The monetary amount the house or the bookie will theoretically risk on losing a race or a game.
A term used to describe players who are placing a lot of bets with large sums. A bet that is determined by the score of the 1st halftime rather than the entire match.
The person who studies a certain sport and makes predictions about the outcome of its matches. Placing a wager that is the opposite of your initial bet so you can reduce the amount of money you are staking on a game.
The advantage teams have when they play at their home stadium because of the familiar playing area, the supporting crowds and the negative effects of travel on the other visiting team.
A bet that one bookie makes with another bookie to balance his bets and decrease his risk on a team or a horse. The person who sets odds or spread points on a sporting event or race.
The team or the player that does not have a lot of chances of winning. A bet that does not involve a point spread; it is when the bettor picks the winner only.
An arena, field, stadium or court where neither team has the advantage of the home field. The person who is in charge of creating the odds on any sporting match but he does not accept bets.
A game that does not exist on the board, which means that no bets for the game are accepted. The money line or the point spread that is offered to bettors by the sportsbook or the bookie.
The odds when they are in the favor of bettors instead of the house or the bookie. A bet that includes more than one team, all of these teams have to win for the bet to be a winning bet.
Placing a bet after the beginning of the match or the sporting event. A person who is trying to make profit by placing bets on different bookies who offer different odds by betting on the two sides at different prices.
A gambler who is not sophisticated enough. A gambler who does not pay his debts. An establishment that accepts bets made on sporting events such as matches and races.
Specific systems and formulas that are used to determine the winning team to bet on in a match or race.
When the odds on a game are in the favor of the sportsbook or the house. The team or the individual who has a lesser chances of winning in a match or a fight.
It refers to a new player who does not know how to play. These terms are used in gambling, most commonly in Sports Gambling and Poker related games.
It stands for Atlantic City. It is a term used to describe players who get an Ace with any 2nd card.
It refers to the limit of the pot, it is short for Pot Limit. It is when players have a Top Pair but with No Kicker.
It is when players have a Top Pair accompanied by a Weak Kicker. To win both sides of a game. Arena, court or field where neither side has a home field advantage.
Game where no bets are being accepted. Bookmaker, usually refers to an illegal bookmaker. When the odds on a proposition are in favor of the bettor rather than the house.
A bet with two or more teams where all the teams must win for the bettor to be successful. To make a bet after an event has started.
A game where neither team is favored. The amount won by a bookmaker divided by the total amount booked. To bet a larger amount than usual. A series of parlays.
A three-team round robin consists of one three-team parlay and three two-team parlays. One who attempts to profit from the differences in odds from book to book by betting both sides of the same game at different prices.
To win one side and tie the other. A bet on just one team. Bet with a large house edge. Bet the underdog, take the points. Broke, busted, common result of pressing.
The edge the bookmaker would have IF the odds guaranteed him a constant commission regardless of the outcome. Game where the line is close to pick-em.
A business that sells opinions on sporting events. The sharpest of the sharp, Note: There is no such term as "Double Sharp". When the odds on a proposition are in favor of the house.
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