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Casino Glossary

  • Hedge

    Casino

    A bet placed against a player's original wager to reduce risk. E.g. the insurance bet in blackjack to lock in a sure profit.

  • Expected Value or EV

    Casino

    The theoretical, long-term return for a particular strategy.

  • Drop

    CasinoPoker

    1) The total amount of money exchanged for chips in a casino;

    2) Lose money gambling.

  • Action

    CasinoSlots

    1) The total amount bet by a player during a session;

    2) A bet or the act of betting.

  • Wild Card

    Casino

    A special card that can be used to complete a hand. In pai gow poker, it is restricted to being an ace or completing a flush or straight.

  • Positive Expectation Game

    Casino

    A game that favors the player in the long run.

    Antonym: Negative Expectation

  • Get Down

    Casino

    Place a bet.

  • Affiliate Program

    Casino

    A business partnership program with a casino.

  • Withdrawal

    Casino

    Taking money out of your online casino account.

    Synonym: Cashout

    Antonym: Deposit

  • Nickel

    Casino

    1) A $5 chip;

    2) A $500 bet.

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