Gambling Words

Posted : admin On 08.03.2021

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  1. Gambling Play On Words
  2. Gambling Words And Phrases

You’re a new gambler, and like any new hobby, many terms and slang words are unique to the hobby. Gambling and casinos are no different.

I will give you a comprehensive list of all the terms/ slang you need to know when gambling in a land-based or online casino.

Oct 27, 2020 There are many words and phrases in the world of the casino industry. People are not familiar with these terms, and they often lose money due to a lack of knowledge. Before investing your time and money in any gambling activity, it is necessary to understand all the terms to play well. Action: The total sum wagered by a player throughout a playing session. Add-on: Buying more.

I have broken them down into sections to make it easier for referencing as you’re getting to know your way around gambling in casinos.

Casino Gambling Terms and Slangs Words A-E

  • Action: play on the casino floor, including table games and slots.
  • Aggregate Limit: the casinos’ total payout liability for any casino game.
  • Aggregate Winnings: total winnings.
  • All or Nothing: a winning keno ticket that only has the exact numbers drawn or none of the numbers drawn.
  • Bankroll: the total amount of money a gambler has for betting.
  • Barber Pole: multi-color and/or denomination stack of chips.
  • Bet: any wager.
  • Betting Limits: usually determined by the casino, the maximum and minimum a gambler can wager on a specific game.
  • Black Book: slang for a list of gamblers that have been banned in Nevada casinos.
  • Buck: slang for a $100 bet.
  • Bug: slang for the joker card.
  • Buy-in: money a gambler converts to casino chips for a game.
  • Cage: location of the casino cashiers.
  • Card Sharp/Shark: an expert casino card gambler.
  • Card Washing: a type of dealer card shuffling where the cards are placed face down on the table by the dealer and ‘swishes’ like a washing machine before dealing with a new game.
  • Carpet Joints: slang for high-end, luxury casinos.
  • Case Bet: a gambler’s bet that includes all remaining chips on the table or all in.
  • Cashier’s Cage: the same as the cage, see above.
  • Casino Advantage: a percentage advantage that the casino has in any casino game over the gambler.
  • Casino Floor: the actual gambling area of the casino.
  • Chase: slang for when a gambler loses and tries to win back their money.
  • Cheques: original name for casino chips.
  • Chips: round discs that come in multiple denominations and colors used in place of money on the casino gambling tables.
  • Chip Tray: the tray that holds the dealer’s chips for play.
  • Coat-tail: slang for copying a winning gambler’s strategy and expecting the same results in betting.
  • Cold: slang for a card deck, craps table, or slot machine that is no longer on a winning streak.
  • Coloring Up: slang for exchanging smaller value chips for higher denominations
  • Comp: a gift from the casino, usually, in the form of food, drinks, or lodging.
  • Cracking the Nut: slang for the net profit of a gambler after all their losses are deducted.
  • Credits: 1 credit is the same as the dollar amount of the play. 1 credit on a penny slot would be 1 penny.
  • Crossfire: slang for when the dealer talks too much about other things besides the game at the table.
  • Croupier: French for a roulette dealer.
  • D’Alembert System: a bankroll strategy of adding one monetary amount after a losing bet while the monetary amount is deducted after a winning bet.
  • Deposit: when a gambler places money for gambling in their casino account.
  • Dime: slang for wagering $1,000.00.
  • Dirty Money: slang for the money lost in bets that are collected by the dealer.
  • Discard Tray: the tray or stack of cards to the dealer’s right that is out of play
  • Dollar Bet: slang for betting $100.00.
  • Double or Nothing: a bet that pays the original bet or even-money.
  • Down to the Felt: slang for being broke.
  • Drop: the amount of money lost by a gambler.
  • Drop Box: a box at the gaming table that holds all cash, chips, and markers

Casino Terms and Slang Words: E-J

  • Edge: the advantage a gambler or the casino has over another gambler.
  • Eighty-Six or 86: slang for being banned from a casino.
  • Eye in the Sky: slang for the security surveillance system at a casino.
  • Face Cards: the jack, king, or queen.
  • Firing: slang for placing large bets.
  • Fish: slang for a losing gambler.
  • Flat Betting: a betting strategy for placing the same wager amount every bet.
  • Flea: slang for a casino gambler who expects unearned comps.
  • Foreign: chips from another casino.
  • Front Money: the original money put down for a bankroll.
  • George: slang for a copious tipper in a casino.
  • Grind: a steady betting strategy that is based on knowledge and takes time.
  • Handicapper: slang for a gambler who is betting with no skill or knowledge of the game.
  • Handle: the sum of the money put in a game.
  • High Roller: a high dollar amount bettor.
  • Hold: the percentage of money the casino makes on each game played.
  • Holding Your Own: a gambler who is neither winning nor losing money on their bets.
  • Honeymoon Period: slang for new gamblers that wins on their first time playing the casino. Also known as beginner’s luck.
  • Hot: describes a gambler on a winning streak.
  • House: slang for the casino, online or land-based.
  • House Edge: the same as the casino edge or advantage.
  • Jackpot: a massive payout on a slot machine.
  • Juice: slang for the amount the house earns per game. See “vigorish.”
  • Junket: a VIP casino trip hosted by the casino for high rollers. All expenses are usually covered, High rollers are required to make a minimum bankroll deposit in advance of the junket.

Casino Terms and Slang Words: I-R

  • Laying or Taking Odds: laying the odds is winning less than bet, and taking the odds is winning more than bet.
  • Layout: a list of all the betting types usually printed on the table felt.
  • Load up: betting the max amount on a slot machine or video poker machine.
  • Loyalty Club: a casino members club that accumulates points for the gambler as they spend money in the casino. Points can be used towards casino goods and services.
  • Marker: a casino sanctioned IOU for gamblers to use for betting.
  • Martingale: a betting strategy where the gambler doubles up after every losing bet.
  • Maximum Bet: the highest amount allowed to be bet at a table game or the highest amount played on a single spin of a slot machine.
  • Mechanic: slang for a casino cheater at a dice or card game via sleight of hand.
  • Net Winnings: the amount of total casino winnings less the bets placed.
  • Nickel: slang for betting $500.00.
  • Odds: the percentage chance a gambler has of winning.
  • On Tilt: slang for a gambler reacting to a losing bet with a wildly outlandish bet to follow.
  • Overlay: a bet that gives the gambler an advantage over the casino.
  • Payoff: the physical money received by a gambler after winning. (cash or chips)
  • Payout or Payback %: based on a slot or video poker machine, the programmed result is determined by deducting the casino advantage.
  • Pigeon: slang for a gambler who doesn’t know what they’re doing.
  • Pips: any spade, club, heart or diamond card or the dots on a dice.
  • Pit: where the casino floor managers are stationed on the gambling floor.
  • Pit boss: the managers of the casino floor.
  • Ploppy: slang for a new gambler who is not playing well but has no problem giving below par advice to more advanced players.
  • Press a Bet: increasing your bet amount after winning the previous bet.
  • Progression Betting: adding or changing bets as play continues.
  • Rack: the device used to count a high dollar amount of chips.
  • Racinos: when a casino and a racetrack are on the same property.
  • Railbird: slang for someone who observes gamblers. A railbird may be planning to steal gambler’s chips.
  • Rated: a casino’s system for valuing a gambler’s action when gambling. This system is used for allocating comps based on skills.
  • Rathole: a gambler who slowly put their winning stash of ships so other players don’t notice that they are winning.
  • RFB: the prized comp- includes room, food and drinks (beverages).

Casino Terms and Slang Words: S-U

  • Sawbuck: slang for $10.00 wager.
  • Sawdust Joint: a lower end casino that offers cheaper minimum buy-ins and slots.
  • Scamdicapper: a gambler who exaggerates their winnings and skill set.
  • Session: time spent playing casino games.
  • Shark or Sharp: a gambler who doesn’t let on at the beginning of the game that they are quite skilled.
  • Shill: slang for a casino employee that plays other casino’s game tables to drum up business for their employer.
  • Single or Straight-Up Bet: a bet on one game.
  • Skin or Skoon: slang for a 1 dollar.
  • Sleeper: a bet that the gambler wasn’t expecting to win.
  • Soft Count: the counting of the money played on a slot machine by the casino.
  • Soft Count Room: the location within the casino’s backhouse where soft counts are performed.
  • Slot Club Card Member: similar to loyalty club but specifically for slot machine players.
  • Spinner: a winning streak.
  • Streak Betting: a betting system where the gambler increases or decreases their next bet depending on the previous win or loss. Also known as progressive betting.
  • Stripping or Card Stripping: a type of shuffling that reverses the cards’ order in a deck.
  • Table Hold: the amount of money won at a table for a dealer’s shift, usually 8 hours.
  • Tapping Out: slang for losing all your money at a table or not spending any more money on the current game.
  • Toke: slang for a tip left for a dealer by a player.
  • Tom: a gambler that doesn’t tip.
  • Tournament: a casino or gambling industry association hosted tournament. Tournaments can be online or in-person events. Gamblers usually have to qualify for the tournament or be invited by the host. Tournaments are mostly for card games.
  • Underlay: slang for a lousy bet.
  • US Casino Megaclubs: a loyalty club that includes multiple casinos. This is possible because the same parent company owns casinos.

Casino Terms and Slang Words: V-Z

  • Vigorish: a casino’s fee or house take on a designated bet in baccarat, craps, and sportsbooks.
  • VIP: a Very Important Player that is recognized by the casino and its staff as deserving of special treatment and attention, usually a high roller.
  • VLT: acronym for Video Lottery Terminal
  • Wager: another word for a bet.
  • Whale: a VIP gambler who places enormous bets.
  • White Meat: slang for a casino’s profits.
  • Withdrawal: when a gambler removes money from their casino account

Conclusion

Now you have the basics of casino terms and slang words. This should help give you some confidence at your next casino visit.

There’s nothing like speaking and understanding the language of the locals.

Internet sports betting will use a lot of gambling terms that you may not be familiar with as a lot of the language comes from the 'street' language of old school bookies. The following is a Glossary of Gambling Terms for: NFL betting, College Football betting, NCAA Football betting, Baseball Betting, MMA Betting, UFC betting, Boxing wagering, NHL betting, NBA betting, NCAA Basketball betting, College Basketball Betting and other major sports. You will find all the major terms that Internet sportsbooks use in posting their betting lines.

Gambling Terminology

Slang for gambling is hard, but we’re here to help! Gambling terms vary far and wide, but we have assembled a gambling terminology glossary here. All the gambling terminology and gambler slang you could ever find will be made clear here. You’ll be speaking the gambling vocabulary after a quick review of this page in no time, including betting terms, and slang for gambling itself. Most of these are specific to sports betting, but still find their way to other areas online. Whether you’re into NCAA Football betting, NFL betting, NCAA Basketball betting, College Basketball Betting, College Football betting, Baseball Betting, MMA Betting, UFC betting, Boxing wagering, NHL betting, NBA betting, or all other major sports, you’ll be speaking gambler lingo in no time! This can be particularly challenging without help, as sports betting lingo, bet slang, betting jargon, betting lingo, betting acronyms, sports betting terminology, and specifically basketball betting terms all have very specific sports betting terms that need to be mastered to even make a bet! Football betting terms and football betting terminology in particular can be challenging, but we’ve got you covered there too:

Action

- Any time you make a bet, this counts as an action.

Added Game

- Any betting line not typically part of the usual pool of games to bet on in the Las Vegas rotation, but is included to benefit those making wagers with a bookie.

ATS

- The ATS betting term means Against The Spread. This is when you’re betting on the underdog team to win by a wide margin, and along with it, ample winnings.

Bet

- Any time you put down money on the outcome of a sporting event, you’re betting.

Book

- Originally, bookies were the ones that took bets on sporting events. Book is short for any sportsbook or related group that takes these bets.

Bookie

- The original term that started them all, a bookie is someone that takes bets on sporting events.

Bookmaker

- Another term referencing a bookie that takes bets on sporting events.

Buck

- A $100 bet, being an example of a sports betting slang term.

Buy (Points)

- If you are willing to pay more for it, you can get a half point or more in your favor on any point spread you bet on.

Canadian Line

- Alternatively called a Puck Line, this is a mixture of a Point Spread and Moneyline.

Chalk

- Another slang term, this one meaning the favored side to win. Gambling

Chalk Player

- Anyone that typically bets on the favored side and never on underdogs.

Circled Game

- Events of this kind have lower betting limits and limitations on how many people can get so a bookie won’t carry as much risk. Sometimes called a Red Circle box. This happens when unintended circumstances may adversely effect the outcome of an event, such as player injuries, unusual weather conditions, and games being unexpectedly added. Doesn’t include parlays and teaser wagers.

Cover

- Any time a point spread is won.

Dime Bet

- Another betting slang term that means a $1000 bet is placed.

Dimeline

- When the favored party and the underdog only differ on their moneyline by 10 cents, such as the Yankees and Red Socks. This is used in baseball to attract eager gamblings looking for a decent risk to reward ratio.

Dog

- The underdog not favored to win in an event.

Dog Player

- A gambler that typically bets on the underdog.

Dollar Bet

- Another betting slang term, here meaning $100. It’s the same as “Buck,” and they are used interchangeably just like the terms are outside of gambling.

Even Money

- Any wager with 1:1 odds, meaning there is no juice or vigorish.

Exotic Wager

- Wagers that aren’t Straight Bets or Parlays count as exotic wagers, such as Teasers, Sweetheart Teasers, IF bet, Reverses, and Prop bets.

Favorite

- Any side expected to win an event. The opposite of the dog or underdog.

Fifth Inning Line (5 Inn.)

- Any bet placed on only the initial 5 innings of any baseball game.

Fifty Cents

- Another betting slang term that means a $50 bet.

First Half Bet (1H)

- Bets placed on a football or basketball game that only account for the score up to halftime.

Future

- The betting odds calculated in advanced on future sporting events.

Getting Value

- Gambling vocabulary for the best odds on betting line.

Grand Salami

- The Total of goals scored in all hockey games played on the same day.

Grading

- After you bet and the event has been decided, this is when the amount is put into your account.

Half a Dollar

- Another piece of gambling slang for a $50 wager.

Half Time Bet (2H)

- The opposite of a First Half Bet, this is any bet placed on the second half of a football or basketball game.

Handicapper

- These are the people that look at all available information on a sporting event, and calculate the odds of the outcome.

Handicapping

- This is the act of the above when calculating the outcome of an event.

Handle

- The gross total of bets taken by a bookie on a sporting event.

Hedging

- Betting on both sides of an event to keep losses at a minimum or guarantee a bare minimum amount of winnings. Considered to be a safe betting strategy that sacrifices maximum winnings for protection from losses.

Hook

- When half a point is added to football or basketball betting through gamblers buying points. Also referred to as buying the “hook”.

Hot Game

- Any game attracting the attention of many professional handicappers.

Juice

- A bookie’s commission on the bets made, which is referred to as the “vigorish” as well. A standard juice is typically 10%.

Laying the Points

- Betting on the favorite in any point spread betting line.

Limit

- A hard limit placed on the total betting amount for any event.

Line

- The present betting odds on any event. Lines like these are always updated in real time.

Linemaker

- Someone at a bookmaker that establishes an original betting line and all subsequent betting lines stemming from it.

Longshot

- Any side of a sporting event unlikely to win, similar to the underdog.

Middle

- A strategy of betting on both sides of an event at different amounts. Called the “middle the game” someone wins, and similar to Hedging.

MMA

- Stands for Mixed Martial Arts.

Moneyline

- Any betting odds where the wager is settled when one side of an event wins. An example would be a -120 team requiring $120 to win $100 when that team won.

Nickel Line

- This is when the commission a bookie receives on a betting line is 5%. Also called reduced juice.

Nickel

- A betting slang term for a $500 wager.

No Action

- When a bet is cancelled because the event did not happen (i.e. rain out in MLB). All money is returned to bettor.

Odds

- How likely different outcomes of a sporting event are, which largely tends to determine the winnings potential.

Off The Board

- When a bookie closes open betting for an event.

Oddsmaker

- The one that determines the odds of a sporting event.

One Dollar

- Another gambling betting slang term for wagering $100.

Opening Line

- The initial betting line made public by a bookie for a sporting event.

Over

- A bet placed on the total scores of both teams in a sporting event combined. Typically, bets are made that it will be above a specified total amount.

Parlay

- Betting on two or more teams at a time. All teams must win in order to receive the highest payout. If one team loses, it is considered a loss.

Pick ‘em

- An event where no side of a sporting event is favored to win. Sometimes called a ‘Pick’.

Point Spread

- Using the handicap chosen by the bookmakers, this determines how much will be awarded to winning bets.

Press

- Betting in an amount that is far higher than a typical wager.

Price

- Determined by the point spread or the odds given on a moneyline.

Prop (Proposition) Bet

- Betting on two or more outcomes that have nothing to do with an event’s final score or winning team. They tend to be placed on specific players, an entire sport, political occurrences, celebrity gossip, and related things.

Push

- This occurs when no one wins a wager. Wagers in this case are returned.

Quarter Line (1Q, 2Q, 3Q, 4Q)

- Any bet placed on a specific quarter in a basketball or football game.

Reverse Bet

- This occurs when two IF bets are placed.

Risk

- The amount that is bet on a particular sporting event.

Round Robin

- A style of tournament that allows many parlays to occur at the same time.

Run Down

- A summary of the betting lines determined for a specific date, sport, or time.

Run Line

Gambling words examples

Gambling Play On Words

- Particular to Baseball, this is their version of a Point Spread.

Sharp

- A gambling term for professional or highly experienced bettors.

Sides

- The teams in a sporting event.

Single

Gambling Words And Phrases

- A simple wager.

Sportsbook

- Much like a bookie, any company accepting bets, in this case on sporting events.

Spread

- A short reference used in the same fashion as a Point Spread. Usually posted by the line maker, this is determined by the odds of the outcomes of a sporting event.

Square

- Someone new to betting on sports.

Standard Line

- When a betting line is -110 for all sides. Standard lines have 10% juice.

Steam

- When a betting line changes and is reposted because of how popular it is among bettors.

Stake

- The specific amount of a placed bet.

Staight Bet

- A bet placed on a single sporting event.

Straight Up (SU) Bet

- When a bet is won despite the point spread. This is commonly known as a moneyline wager as well.

Sweetheart Teaser

- A teaser which brings together 3 or 4 football or basketball bets and allows for gamblers to adjust their total and point spread in their favor.

Taking The Points

- Wagering on the underdog in the Point Spread.

Taking The Price

- Wagering on the underdog in the Moneyline.

Teaser

- A parlay that allows for an increased point spread or total in exchange for reduced payout odds.

Ticket

- Used interchangeably with wager because real world sports betting used to involve giving tickets as proof of a wager. Many still do, such as horse races!

Tie

- Also known as a Push. Risk amount of wager is returned to the bettor.

Total

- The score of both teams in an event combined, including any overtime.

Totals Bet

- A bet made on the total score of both teams added together.

Tout

- Someone selling services as a sports handicapper.

Under

- A bet on the sum score of all teams in a sporting event with the Total amount being under a certain value. The opposite of an Over.

Underdog

- Any team expected to lose an event. Also called the “dog”.

Value

- Getting the best possible odds on a wager.

Vig or Vigorish

- A bookmaker’s commission. Also called the “juice,” which is assumed to be at least 10% on a losing wager.

Wager

- Risking money on the outcome of an event. Also called a bet.

Wise Guy

- A highly successful sports bettor.

You’re Now a Sports Betting Terms Definition Master!

With the knowledge you’ve gained here on gambling terms for sports, slang for gamblers, and betting terminology, you’re now fully equipped to bet like a Wise Guy, beat the Spread, and walk away a winner with any Bookie you happen to Wager with. Best of luck in your Sports Betting!