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GLOSSARY
OF GAMBLING TERMS (arranged in alphabetical order) |
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marker | A check that can be written at the gaming tables by a player who has established credit with the casino | |||||
mini-baccarat | The scaled-down version of baccarat, played with fewer players, dealers, and formality but following the same rules as baccarat. | |||||
natural | In blackjack, a natural is a two-card hand of twenty-one points. In baccarat a natural is a two-card total of eight, or nine. | |||||
number pool | The range of numbers from which you select the ones you want to play. A typical lottery pool ranges from 1 to 60, and the keno pool is 1 to 80. | |||||
nut | Either the overhead costs of running a casino, or the fixed amount that a gambler decides to win in a day. | |||||
odds | Ratio of probabilities | |||||
open | In poker, the player who bets first. | |||||
outside bets | Roulette bets located on the outside part of the layout. They involve betting 12 to 18 numbers at one time. | |||||
overlay | A good bet where you have an edge over the casino. | |||||
pair | Any two cards that have the same rank. | |||||
pass | To not bet, to fold. | |||||
pat | In draw poker, a hand that does not need any more hands. In blackjack, an unbusted hand worth at least 17 points. | |||||
pay cycle | A theoretical expression that reflects the number of plays required for the machine to cycle through all possible winning and nonwinning combinations. | |||||
payline | The line on a slot machine window on which the symbols from each reel must line up. Slot machines can have as many as eight paylines, although most have only one. | |||||
payoff | Your payback; the return you see on a wager. | |||||
payout percentage | Also referred to as the payback percentage, the percent of each dollar played in a video or slot machine that the machine is programmed to return to the player. Payback percentage is 100 percent minus the house edge. | |||||
payout table | A posting somewhere on the front of a slot or video poker machine, that tells you what each winning hand will pay for the number of coins or credits played. | |||||
pit | An area of a casino in which a group of table games are arranged, where the center area is restricted to dealers and other casino personnel. | |||||
pit boss | The person who supervises all the games and casino personnel associated with a pit during a particular work shift. Pit bosses are in place to watch for cheating, settle disputes, and give comps to big bettors. | |||||
pot | In a poker game, the amount of money that accumulates in the middle of the table as each player antes, bets, and raises. The pot goes to the winner of the hand. | |||||
pressing | A player is pressing the bet when they let winnings ride by wagering them along with the original bet. | |||||
probability | A branch of mathematics that measures the likelihood that an event will occur. Probabilities are expressed as numbers between 0 and 1. The probability of an impossible event is 0, while an event that is certain to occur has a probability of 1. | |||||
progressive | A slot machine whose potential jackpot increases with each coin that is played. When the progressive jackpot finally hits, the amount resets to the starting number. | |||||
push | A tie hand between a dealer and a player; no money changes hands. A push at blackjack occurs when both the player and the dealer have a unbusted hands with the same total points. | |||||
quads | Four of a kind. | |||||
qualifier | In poker, the minimum standard a hand must meet in order for it to be eligible for part of the pot. | |||||
A - B | C | D - F | G - L | M - Q | R - S | T - W |
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