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Despite the reality that online wagering is now a billion dollar business, and countless thousands of new gamblers world-wide log on every day to play at internet gambling dens, there are still millions of newbies to the environment of internet betting who don't as yet have a good understanding of a lot of the terminology employed in online wagering, and betting on athletics in general. Nonetheless, understanding of these ideas is essential to understanding the games and policies of betting:

ACTION: Any type of bet.

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

ALL-UP: To wager on numerous horses in the same contest.

ANTE: A poker term for placing a required figure of money into the pot prior to the start of each hand.

BRING-IN: A necessary wager in seven-card stud carried out by the player displaying the smallest value card.

BUST: You lose; As in chemin de fer, when a gambler's cards are valued over twenty-one.

BUY-IN: The the least value of funds required to enter a match or event.

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

CHECK: In poker, to stay in the match without betting. This is acceptable only if no other players bet in that round.

CLOSING A BET: Like in spread betting, meaning to lay a wager equal to but opposite of the leading wager.

COLUMN BET: To bet on one or more of the 3 columns of a roulette table.

COME BET: In craps, close to a pass-line bet, but made after the player has established his point.

COME-OUT ROLL: A crapshooters 1st toss to establish a point, or the 1st toss after a point is established.

COVERALL: A bingo term, which means to cover all the squares on a bingo card.

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

DAILY DOUBLE: To pick the winners of the initial 2 events of the night.

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

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

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

EVEN MONEY BET: A wager that pays out the same sum as gambled, ( one to one ).

EXACTA: Betting that two horses in a contest will finish in the exact same order as the wager - also known as a " Perfecta ".

FIVE-NUMBER LINE BET: In roulette, a bet carried out on a block of 5 numbers, like 1-2-3-0, and 00.