Online Casino Language
Let’s face it, gambling is not just an activity but, more importantly,
it’s a way of life with its own language/jargon/vernacular. With
that in mind, if you are new, or even a veteran, you may occasionally
hear words or terms that are puzzling as the language of gambling
is in constant evolution, much like the online casino gambling
industry itself. Let’s take a look at the wonderful world of online
casino gambling jargon from “A-Z.”
ACTION -is simply the act of gambling itself. It can also refer
to the amount of money wagered. If a gambler says that he has
#action” that means he is gambling.
AGGREGATE LIMIT -is the total payout of an online casino during
any one game.
AGGREGATE WINNINGS -are simply the amount won in accumulated
total.
ARM -This is a legendary term used in craps for a player known
for winning consistently when shooting/throwing the dice.
BANKER -Also known as the dealer -in card games.
BANKROLL -Also known as the “roll” or the “wad” a bankroll is
the amount of money that a gambler has available for betting at
an online casino.
BARRED/BANNED -Also known as “black booked” this is a term for
a person that is not allowed into a casino.
BETTING LIMIT -is the minimum or maximum amount allowed to be
wagered at a gaming table. Once the limits are established the
wager amounts must stay within those limits although a casino
will consider altering the limits at the request of a player.
BUCK -is a bet of $100.
CALL -is a poker term that means to match the bet that is on
the able at that time.
CAMOUFLAGE -is a term used to describe a skilled gambler that
will alter his behavior, betting patterns, and overall strategy
to prevent an online casino or competitors from being able to
predict his bets/moves. This can range from changing identity
or even acting drunk!
CASE MONEY -is money that a gambler keeps separate from his normal
gambling bankroll and is to be used for emergencies after the
actual designated bankroll runs dry and is lost.
CHASE/CHASING -is the term for a gambler that is on a losing
streak and is trying to get those losses back. Also known as “TILT”
chasing, more often than not, makes matters worse and increases
a gambler’s losses as gamblers that are “chasing” are more desperate
and make lower percentage bets.
COAT TAIL -is to bet after a gambler that is on a hot/winning
streak.
COMPS -are complimentary gifts given by a casino in order to
entice players to gamble. Online casino comps often come in the
form of extra play time, which helps stretch a gambling bankroll
and is one of the reasons why online casino gambling gives a gambler
more bang for his buck.
DIME -is a bet in the amount of $1,000 and “DOLLAR” is a bet
of $100.
DOUBLE UP -is simply the act of betting double the amount after
a loss, such as a gambler betting $200 on the next wager after
losing $100 on the previous one.
EVEN MONEY BET -is a bet in which the odds are one-to-one with
no edge for either side, the house, or the player. This means
that a dollar bet will win a straight dollar.
EXPECTED WIN RATE -is a term for slot machines that defines the
percentage that a player can expect to win back based on a certain
amount of playtime. Online casino slots offer superior expected
win rates in comparison to on-site/in-person casino slots.
FIRING -is simply heavy betting. When a player is making a lot
of big bets or betting big repeatedly he is “firing away.”
FISH -is a poorly skilled losing player. The old gambling adage
is that if you cannot spot the fish at the table, then YOU are
the fish!
FRONT MONEY -is money that is put up front by a gambler in order
to pre-establish a gambling bankroll. This is a primary way of
operation for an online casino.
HARD WAY -is a craps term for a bet in which not only do you
have to pick the right number of the dice roll but it also must
be matching numbers. For example a pair of two’s making a four
is a four the “hard way.”
HOT -is a player on a big winning streak. Obviously, a gambler
always longs to be “hot.”
HIGH ROLLER -is a gambler that makes huge bets, also known as
a “Big Time Gambler” and “whale.”
HOUSE -is a casino. The online casino that you currently gamble
at is the “house.”
HOUSE EDGE -is the percentage advantage that the online casino
holds for profit as they offer less than even money bets for that
house edge.
JUICE -is the commission money or “house edge -taken by an online
casino. “Juice” is made from the house offering bets at less than
even money.
LAY THE ODDS -means betting on the favorite, or betting more
than $1 to win $1.
MARTINGALE -is a betting system in which a gambler doubles his
bet after each loss.
ODDS -are the ratio of probability. Both gamblers and the online
casino must figure and calculate odds to make the best possible
decisions.
PRESS A BET -is another term for “letting it ride” as a gambler
will add more money out of his bankroll to winnings for his next
wager.
PROGRESSION BETTING -is a wagering system in which the size of
the bet is changed up or down based on a predetermined formula.
PROGRESSIVE SLOTS -are slots that payoff at increased jackpots
related to increased coins used. The more coins bet, the higher
the payout odds.
PUSH -is a tie bet.
RAKE is a poker term that is the amount that an online casino
charges for each hand played that is normally a percentage ranging
from five to ten percent.
SCARED MONEY -is money in a gambling bankroll that a player cannot
afford to lose. Playing scared or with “scared money” nearly always
alters a gambler’s strategy, usually for the worse.
SESSION -is a period of time spent gambling at a table.
SHARK -is a person that pretends to be an inexperienced or unskilled
loser, (AKA “fish”), but is actually a highly skilled and dangerous
player.
7=Online Casino
TAKING THE ODDS -is a player betting less than the amount that
he will receive if he wins the bet, which is another way of saying
that he is betting on the underdog or against the favorite.
TAPPED OUT -is when a player has blown/lost his entire gambling
bankroll and has nothing left to gamble with.
TELL PLAY -is when a player is giving off unintentional signals
to his competitors who then bet based on those “tells.”
TOURNAMENT -is a competition game between a group of gamblers
over a set period of time. There are online casino tournaments
for slots, and of course, the ever-popular poker tournaments.
Tournament play at online casino poker rooms is a worldwide craze.
Tournaments are popular because a player can win big money, $500
for example, for a small buy in of $30 or so. This makes tournament
play far more economical for a gambler than does a cash game.
TRUE ODDS -are the real and actual mathematical probabilities
of something happening in comparison to the online casino or house
edge.
VIG/VIGORISH -is the profit money of an online casino that they
make from their “house edge.” This is also known as the commission
money of the online casino.
WHALE -is also known as a “Big Time Gambler” as a “whale” will
make enormous bets and get VIP treatment and comps from an online
casino.
WHITE MEAT -is a nice term for what all gamblers love most, a
profit!
Posted: November 7, 2007
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