Glossary Search
Casino Glossary
Pip
CasinoSpots on a card, the number of them being the value of the card.
Point Total
CasinoThe total value of cards in a player or dealer hand.
Progression Betting
CasinoA system of changing a player's bet size from round to round based on various criteria. Better known as progressive betting. Examples include the Martingale and D'Alembert Systems.
Player Rating
CasinoA ranking based on an estimate of how much the player is betting (and theoretically losing to the house). Used to award comps.
Playing Strategy
CasinoRules followed by a player to maximize their chances of winning.
Place Bet
CrapsA bet on 4, 5, 6, 8, 9 or 10. It pays each time that number is rolled, and is lost when a 7 is rolled. A player should "buy" the 4 or 10 instead for a better payout.
Player
CasinoThe bettor or gambler.
Pit Boss
CasinoA supervisor in charge of a pit. Also known as a pit manager.
Pair of Aces in the Wrong Places
CrapsA roll of 2, also known as snake eyes.
Payback Percentage
SlotsThe long-term percentage of money played on a slot machine that is paid back out to players.
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