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Casino Glossary

  • Payout Percentage

    Casino

    The long-term percentage of money played on a slot machine that is paid back out to players.

  • Pip

    Casino

    Spots on a card, the number of them being the value of the card.

  • Pit

    Casino

    An area containing a group of table games. Larger casinos have multiple pits.

  • Pit Boss

    Casino

    A supervisor in charge of a pit. Also known as a pit manager.

  • Player

    Casino

    The bettor or gambler.

  • Player Rating

    Casino

    A ranking based on an estimate of how much the player is betting (and theoretically losing to the house). Used to award comps.

  • Player Verification

    Casino

    A procedure required by casinos to verify the player's identity, age, address, and other relevant information , typically by sending copies of the appropriate documents over email.

    Synonym: Know Your Customer

  • Playing Conditions

    Casino

    Game rules set by the casino.

  • Playing Strategy

    Casino

    Rules followed by a player to maximize their chances of winning.

  • Point Total

    Casino

    The total value of cards in a player or dealer hand.

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