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***ONLINE GAMBLING GLOSSARY*** |
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The casino and gambling world is full of special names and terminology. We have compiled glossaries for general casino use and for individual games to help you understand the technicalities in a simple, clear and concise way. The better you can understand the games that you play, the more success you will find.
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***See specialist glossaries for these games:*** |
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Action
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The amount of money gambled (put into the pot) by a player
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Active Player
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A player still in the pot, one who is still in play
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Aggregate Limit
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Total payout liability of the casino during any one game
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Aggregate Winnings
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Total winnings
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Alpo
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Underdog, the player considered the least likely to win
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Ante
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A bet required to begin a hand in card games
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Baccarat
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Punto Banco, table game using 6 or 8 decks of cards
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Banker
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The dealer In card games
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Bankroll
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Total gambling balance available for the player
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Bet Spread
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Ratio between the maximum and minimum bet size
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Betting Limits
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Minimum and maximum money a player can place on one bet
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Bingo
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Fill in 5 x 5 grid cards with BINGO drawn at random to win
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Blind Bet
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A bet posted without the player sees any of their cards
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Bonus
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Money you receive free for signing up to an online casino
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Break-Even Point
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When the players bets about equal the payoffs received
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Buy in, Buy-in
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Converting cash into chips
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Card counting
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Remembering the played cards to calculate the probability
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Card sharp
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An expert at cards
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Casino advantage
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The edge that the House (casino) has over the players
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Chase
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After lost a bet, make another bet & hope to make it back
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Chemin De Fer
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Similar to Baccarat but requires skill
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Chips
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Tokens used for casino gaming tables in place of cash
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Coat-tail
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Bet the same numbers as a player who is currently winning
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Cold
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Player on a losing streak
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Comps
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Free gifts given by casinos to attract players to gamble
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Craps
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Casino dice table-game
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Credit
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Bets expressed in credits,1 credit equals to 1 unit
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Deal
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To give out cards to players during a card game
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Deposit
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Payment to play games for real cash
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Dice
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Two identical numbered cubes (die)
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Die
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Singular for dice, a cube numbered 1 to 6 on each side
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Double Or Nothing
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An even-money bet, wager that pays the exact amount bet
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Down Card
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A face down card.
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Down to the Felt
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Broke, totally out of money.
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Edge
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Advantage over an opponent, or the house (casino) in a bet
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Encryption
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Security online casinos use for secure online transactions
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Even Money Bet
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1:1 odds pay back the same amount bet including original bet
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Expected Win Rate
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%age of total money bet a player is expected to win or lose
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Face Cards
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The Jack, Queen, and King of any suit of cards
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Firing
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Betting a lot, or betting large sums
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Fish
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A player who loses money
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Flat Bet
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Bet the same amount is bet on each wager
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Flea
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An annoying player who wants something for nothing
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Going Down
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Losing a bet, or series of bets
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Grinder
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A player who bets small money
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Gross Winnings
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The total payout (including your stake)
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Hand
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Player's cards, events in a card game between shuffles
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Hedge
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Bet the opposite of your original wager to reduce exposure
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Hold'em
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A type of poker games
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Holding Your Own
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Breaking even, neither winning nor losing
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Hot
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Player on a winning streak, or a machine that's paying out
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House Edge
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Casino advantage by paying less than odds 2 generate income
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Joker
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The 53rd card in a card deck, used as a wild card
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Laying the Odds
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High odds in favor of likely winner, winnings paid less than total bet
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Layout
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Markings on gaming table tell you where to place bets
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Lobby
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In online casino where you can pick a game, read news
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Lock
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An easy winner, a clear no-lose situation
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Long Run
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Cumulative effect on wins/losses after many rounds of play
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Longshot
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An underdog with almost no chance of winning
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Loose
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Generous payoff giving the house only a small advantage
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Match Play
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Competitions in tournaments play games to accumulate points
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Maximum Bet
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The highest bet you are allowed to make
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Mini-Baccarat
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Baccarat played on a smaller table with fewer players
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Money Put In Action
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Total money of bets placed, not actual amount of bankroll
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Multi-Player Casino
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Online casinos that allow you play against other players
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Negative Expectation
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Long-run loss, expect on average after a extensive play
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Net Winnings
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Total payout minus your stake
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Non-negotiable Chips
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Promotional casino chips that cannot be cashed in
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Non-value Chip
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Cash value determined by the amount of the buy-in
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Number pool
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Select from a number range the numbers you want to bet on
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Nut
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A fixed amount that a gambler decides to win in a day
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Odds
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The chances of a player winning, usually in percentages
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On tilt
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Player's bad reaction to a bad hand resulting in wild play
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Overlay
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A good bet where the player has an edge over the casino
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Paint
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A face card, Jack, Queen or King. Picture card
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Pair
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Any two cards with the same rank
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Payoff
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The payback, the winning return on a bet
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Payoff Odds
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How much a winning bet will pay off for each bet
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Payout
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The amount of money paid out as winnings to the player
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Payout Percentage
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The percentage of each dollar played won back by the player
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Payout Table
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Lists what each winning hand pays foe each amount bet
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Pigeon
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An uneducated, naive, or unsophisticated gambler
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Player
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A bettor or gambler
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Point Count
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Net value of card count at end of hand (in card counting)
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Point Total
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The total card value in a hand
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Poker
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Card game with betting in rounds and the ranking of hands
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Press (Press a Bet)
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Adding the winnings over the current bet to 'let it ride'
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Probability
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Calculation of the likelihood that of winning or losing monies gambled
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Progression Betting
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Betting system 4 games where bet-size is changed by formula
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Punto Banco
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Another name for Baccarat; Punto is Player & Banco is Bank
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Push
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A tie hand between dealer & player, where nobody wins
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Rack
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Container to carry and count coins, tokens, & chips
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Rank
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The value of a hand or set of cards
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Rated
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Verdict a player's skill level above average/professional
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RFB
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Free room, food, & beverage for casino VIPs or high rollers
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Rich Deck
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Part of a deck with a lot of face cards and aces
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RNG (Random Number Generator)
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Computer generated chance that arbitrarily assigns outcome
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Round of Play
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Hand of play consists of at least 1 bet made during the game
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Running Count
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Remembering value of all the cards exposed since shuffling
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Scared Money
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Money a player cannot afford to lose
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Score
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To win a large amount of money gambling
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Session
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A period of play or a table sitting at any gambling game
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Shark
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Good/shrewd player often posing as a fish early in the game
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Sharker (Sharper, Cardsharp)
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A cheater
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Shill
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Person in a game filling empty seats until more players join
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Short Run
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A short series of bets or casino game events
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Shortstop
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Players who make small bets
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Shuffle Tracking
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A high level blackjack playing strategy used by card counters
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Shuffle Up
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Shuffling by dealer before a game to harass a card counter
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Shuffling (Card Shuffling)
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Card mixing to prepare a deck or a shoe for continued play
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Side Bet (Side Wager)
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A bet on a specific team or player to win an event
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Silver Mining (Slot Walking)
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Looking for coins left in unattended slot machines
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Single
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A bet on one selection, also known as a straight-up bet
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Spread Limit
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Players bet any amount within fixed range for each round
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Square
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Unsophisticated player
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Standoff
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A game tie between one or more players, or with the house
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Streak Betting Progressive Betting)
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Raising or lowering a bet based on previous rounds
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Stripping (Card Stripping)
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Shuffling to reverse the sequential order of the deck
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Stud Poker
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Basic poker game with up cards and at least down card
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Sucker Bet
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A bet that overwhelmingly favors the casino
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System
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Player wants advantage, helps decide when to raise/lower
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Table Hold
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Money casino wins from players at game during 1 work shift
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Taking the Odds
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Betting a lower amount than player will collect if they win
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Tapping Out
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Losing entire gambling bankroll & having to stop playing
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Tell
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Clue player accidentally gives about their hand/next action
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Tell Play
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Observing dealer body language to determine their hole card
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Three-Card Monte
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A three-card game similar to Bragg
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Time
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Player request to pause game while they decide what to do
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Time Cut (Also, Axe or Collection)
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Money casino charges player on a time basis
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Toke
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A cash/chip tip given to the dealer from the players
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Tournament
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Competitive game series, top winners awarded prize money
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Trip
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Three cards of the same rank
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True Odds
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Real odds of a win, lose, bet, including the casino's edge
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Underlay
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A bad or unfavorable bet
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Unit (Betting Units)
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Smallest amount of money used for betting, one betting unit
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Variance
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The amount winnings and losses fluctuate over time
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Vig (Vigorish)
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The casino edge, fee or commission taken by the house
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VIP
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A Very Important Person, big gambler or a high roller
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VLT
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Video Lottery Terminal
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Washing (Card Washing)
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Shuffle cards face down, mix in a face-washing-like action
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Web Wallet
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Software for managing your online casino transactions
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Whale
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Player betting amounts in the thousands dollars per round
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Wild card
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Joker or other card that can be used to complete your hand
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Wise Guy
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A well-informed and successful player
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Withdrawal
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A request you make to take money from your casino account
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Wong (Wonging, Wonger)
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Card counting to improve a player's edge to place good bets
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Sign-Up Bonus |
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Welcome Bonus |
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Online Tournaments |
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