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Even though the fact that online betting is now a multi-billion dollar industry, and boundless thousands of brand-new gamblers around the world log in daily to play at online gambling halls, there are still millions of new players to the world of internet gambling who do not as yet have a clear comprehension of much of the doublespeak employed in online wagering, and wagering on athletic event in general. However, insight of these terms is necessary to understanding the games and codes of betting:

ACTION: Any style of bet.

ALL-IN: In poker, all-in means a gambler has risked all of their chips into the pot. A side pot is created for the bettors with additional money.

ALL-UP: To bet on many horses in the same race.

ANTE: A poker term for placing a required value of money into the pot just beforeeach hand begins.

BRING-IN: A necessary wager in 7-card stud carried out by the gambler displaying the lowest value card.

BUST: You don’t win; As in 21, when a player’s cards exceed a value over twenty-one.

BUY-IN: The minimum amount of cash necessary to enter a match or tournament.

CALL: As in poker, when a wager equals an already made wager.

CHECK: In poker, to stay in the game without betting. This is applicable only if no other gamblers bet in that round.

CLOSING A BET: As in spread wagering, meaning to put a wager on par with but opposite of the first wager.

COLUMN BET: To wager on one or more of the 3 columns of a roulette game.

COME BET: In craps, close to a pass-line wager, but carried out after the hurler has arrived at her number.

COME-OUT ROLL: A crapshooters initial toss to establish a number, or the first toss after a point is achieved.

COVERALL: A bingo term, which means to cover all the numbers on a bingo card.

CRAPPING OUT: In craps, to roll a 2, three or 12 is an immediate loss on the come-out toss.

DAILY DOUBLE: To choose the champions of the 1st two matches of the night.

DOWN BET: To wager that the outcome of an action will be lower than the smallest end of the quote on a spread bet, also referred to as a "sell".

DOZEN BET: In roulette, to wager on any of 3 groups of twelve numbers, 1-12, etc.

EACH WAY BET: A athletic event wager, indicating to gamble on a group or player to succeed or medal in an event.

EVEN MONEY BET: A wager that pays out the same amount as gambled, ( one to one ).

EXACTA: laying odds that two horses in an event will complete the race in the exact identical assignment as the bet – also referred to as a " Perfecta ".

FIVE-NUMBER LINE BET: In roulette, a bet carried out on a block of five numbers, like 1-2-3-0, and 00.