Casino Glossary

• Ticket

  Casino

  Another word for a card.

• Triple Sharp

  Casino

  The best of the sharps, i.e. the greatest professional gamblers.

  See also: Card Sharp or Shark

• Trips

  CasinoPokerVideo Poker

  A 3 of a kind made using one hole (hidden) card and two community cards on the board. Differs from a set.

• True Odds

  CasinoStatistics

  The correct mathematical odds. In craps, the odds bet pays out at the true odds, which means the house has no advantage.

• Underlay

  CasinoStatistics

  A bet unfavorable to the player. The opposite of an overlay.

• Unit (Betting Units)

  Casino

  The value of one chip in games such as roulette.

• Variance

  CasinoStatistics

  A measure of how winnings and losses fluctuate over time.

• Vig., Vigorish

  Casino

  The house commission.

  Synonym: Juice

• VIP

  Casino

  Acronym for very important person.

  See also: High Roller

• Void

  Casino

  A bet is canceled.