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Even though the fact that online gambling is now a billion dollar industry, and countless thousands of additional wagerers around the world sign on daily to wager at web gambling dens, there are still millions of newbies to the environment of internet betting who don’t as yet have a clear understanding of much of the doublespeak employed in online wagering, and wagering on athletic event in general. Notwithstanding, insight of these ideas is indispensable to understanding the games and regulations of gambling:

ACTION: Any style of bet.

ALL-IN: In poker, all-in means a gambler has put all of her money into the pot. A second pot is developed for the wagerers with remaining chips.

ALL-UP: To bet on numerous horses in the same event.

ANTE: A poker term for allocating a specified figure of money into the pot prior to the start of each hand.

BRING-IN: A required wager in 7-card stud carried out by the player displaying the smallest value card.

BUST: You do not win; As in 21, when a gambler’s cards exceed a value over twenty-one.

BUY-IN: The minimum value of chips required to appear in a match or event.

CALL: As in poker, when a wager equals a previously carried out wager.

CHECK: In poker, to stay in the game and not wagering. This is acceptable only if no other players wager in that round.

CLOSING A BET: Like in spread betting, meaning to make a bet on par with but converse of the initial wager.

COLUMN BET: To wager on one or more of the three columns of a roulette table.

COME BET: In craps, similar to a pass-line wager, but carried out after the player has achieved his point.

COME-OUT ROLL: A crapshooters initial roll to establish a number, or the first toss after a number has been ascertained.

COVERALL: A bingo term, which means to cover all the spots on a bingo sheet.

CRAPPING OUT: In craps, to toss a 2, 3 or 12 is an automatic loss on the come-out roll.

DAILY DOUBLE: To choose the winners of the 1st two races of the tournament.

DOWN BET: To bet that the result of an event will be smaller than the lowest end of the quote on a spread bet, also referred to as a "sell".

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

EACH WAY BET: A athletic event gamble, which means to wager on a group or player to win or place in a match.

EVEN MONEY BET: A wager that pays the identical sum as wagered, ( 1:1 ).

EXACTA: wagering that 2 horses in an event will complete the race in the exact same order as the wager – also referred to as a " Perfecta ".

FIVE-NUMBER LINE BET: In roulette, a bet placed on a grouping of five numbers, such as 1-2-3-0, and 00.