Despite the fact that internet wagering is now a many billion dollar business, and countless thousands of additional bettors world-wide log in daily to gamble at internet casinos, there are still millions of newbies to the world of web betting who don’t as yet have a clear understanding of much of the terminology used in web gambling, and wagering on athletics in general. In any case, knowledge of these terms is indispensable to understanding the games and rules of play:

ACTION: Any style of wager.

ALL-IN: In poker, all-in means a player has risked all of her money into the pot. A second pot is set up for the wagerers with remaining chips.

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

ANTE: A poker phrase for placing a specified figure of money into the pot just beforeeach hand starts.

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

BUST: You don’t win; As in blackjack, when a gambler’s cards total over 21.

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

CALL: As in poker, when a wager is the same as a prior carried out wager.

CHECK: In poker, to stay in the game without wagering. This is allowed only if no other gamblers wager in that round.

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

COLUMN BET: To wager on any of the three columns of a roulette game.

COME BET: In craps, the same as a pass-line bet, but made after the player has achieved their number.

COME-OUT ROLL: A crapshooters first roll to arrive at a number, or the initial roll after a point is ascertained.

COVERALL: A bingo term, symbolizing to blanket all the numbers on a bingo sheet.

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

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

DOWN BET: To wager that the outcome of an event 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 gamble on any of three sets of twelve numbers, 1-twelve, etc.

EACH WAY BET: A athletic event gamble, meaning to gamble on a group or player to succeed or place in a game.

EVEN MONEY BET: A bet that pays the same sum as bet, ( one to one ).

EXACTA: laying odds that 2 horses in a match will finish in the exact same order as the wager – also known as a " Perfecta ".

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