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Despite the fact that web gambling is now a many billion dollar industry, and countless thousands of brand-new wagerers around the world log on daily to gamble at online gambling halls, there are still millions of newcomers to the world of online betting who do not as yet have a good understanding of much of the jargon employed in online wagering, and wagering on sports in general. However, understanding of these terms is indispensable to knowing the games and policies of betting:

ACTION: Any style of bet.

ALL-IN: In poker, all-in means a player has risked all of his chips into the pot. A side pot is created for the wagerers with remaining money.

ALL-UP: To wager on several horses in the same race.

ANTE: A poker term for allocating a specified sum of money into the pot just beforeeach hand starts.

BRING-IN: A necessary bet in seven-card stud made by the player displaying the smallest value card.

BUST: You lose; As in vingt-et-un, when a player’s cards total over twenty-one.

BUY-IN: The minimum sum of chips required to appear in a game or event.

CALL: As in poker, when a wager equals an already carried out wager.

CHECK: In poker, to remain in the match and not betting. This is acceptable only if no other gamblers wager in that round.

CLOSING A BET: As in spread wagering, meaning to lay a wager on par with but converse of the opening wager.

COLUMN BET: To bet on one or more of the three columns of a roulette table.

COME BET: In craps, similar to a pass-line bet, but carried out after the player has arrived at their point.

COME-OUT ROLL: A crapshooters first toss to arrive at a point, or the first roll after a number is arrived at.

COVERALL: A bingo term, meaning to cover all the numbers on a bingo card.

CRAPPING OUT: In craps, to roll a 2, three or 12 is an automatic loss on the come-out toss.

DAILY DOUBLE: To pick the winners of the initial two events of the night.

DOWN BET: To bet that the result of an action will be lower than the lowest end of the quote on a spread bet, also referred to as a "sell".

DOZEN BET: In roulette, to bet on one or more of three sets of 12 numbers, 1-twelve, etc.

EACH WAY BET: A sports gamble, meaning to bet on a team or player to win or position in a game.

EVEN MONEY BET: A wager that pays the identical sum as wagered, ( 1:1 ).

EXACTA: wagering that 2 horses in a match will complete the race in the absolute identical order as the bet – also known as a " Perfecta ".

FIVE-NUMBER LINE BET: In roulette, a wager placed on a group of five numbers, such as 1-2-3-0, and 00.