Casino Glossary

• Games per hour

  CasinoSlots

  In slots, a measure of how quickly someone plays.

  Synonym: Game Speed

• Settlement

  BlackjackCasino

  When a dealer pays a winning bet, takes away losing ones or does nothing with ties.

• Cashcheck

  Casino

  On some online casinos, a feature to review one's financial transaction history.

• Odds

  Casino

  

  The ratio of the chances of winning versus those of losing. The odds of rolling a 7 on two dice are 1 to 6 (6 out of 36 outcomes); an alternate phrasing is 6 to 1 against. Odds against reflect the likelihood that a particular event will not happen. In gambling, Odds against means a bet where you will receive a return of more than double your stake. The profit on the bet will be more than your stake.

  In any event, every outcome has a chance or likelihood of taking place. Odds are simply an interpretation of those chances. In gambling, odds represent the ratio between the amounts staked by the bookmaker and the player to bet. The bookmakers form odds or prices to reflect those chances. Most online bookmakers give you the option of which type of odds you want to use. Odds of 6 to 1 mean the bookmaker stakes six times the amount that the player does. Gambling odds of '6 to 1' mean that there are six possible outcomes in which the event will not take place to every one where it will. In other words, the probability that the event will not happen is six times the probability that it will.

  If you would like to place some bets now, please see the list of casinos that also have Sportsbooks.

  Examples:

  The bookmakers offer 15:1 on this team winning the game.

  Can you explain betting odds to me, please?

• Sharker, Sharper, or Cardsharp

  Casino

  A person who cheats when gambling.

  See also: Camouflage

• Aggressive Play

  Casino

  A playing style in which the player bets or raises more than usual.

  See also: Basic Strategy

• Bank

  CasinoSlots

  1) The amount a player has available to wager;

  2) A group of slot machines.

  See also: BR, Bankroll

• Betting Handle

  Casino

  The total amount of money bet in a casino during a session.

• Buy in, Buy-in

  Casino

  1) Exchanging cash for chips;

  2) In some games, the minimum amount required to play.

• Catching Cards

  Casino

  Being dealt the cards a player needs to win.