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Despite the fact that online betting is now a many billion dollar industry, and countless thousands of brand-new wagerers around the globe log on each day to bet at internet casinos, there are still millions of newcomers to the world of online betting who don't as yet have a clear understanding of much of the catchphrases used in online betting, and betting on athletic event in general. However, insight of these terms is necessary to knowing the games and rules of gambling:

ACTION: Any type of bet.

ALL-IN: In poker, all-in means a gambler has risked all of her chips into the pot. A side pot is developed for the players with remaining money.

ALL-UP: To bet on numerous horses in the same event.

ANTE: A poker term for allocating a specified sum 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 gambler displaying the smallest value card.

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

BUY-IN: The the least sum of cash necessary to enter a game or event.

CALL: As in poker, when a wager is the same as a prior carried out bet.

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

CLOSING A BET: Like in spread wagering, meaning to put a bet equal to but converse of the starting bet.

COLUMN BET: To wager on one or more of the three columns of a roulette game.

COME BET: In craps, similar to a pass-line wager, but carried out after the player has established his number.

COME-OUT ROLL: A crapshooters 1st toss to arrive at a point, or the first toss after a point has been arrived at.

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

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

DAILY DOUBLE: To pick the winners of the initial 2 races of the tournament.

DOWN BET: To wager that the outcome of an event will be lower than the smallest end of the quote on a spread bet, also referred to as a "sell".

DOZEN BET: In roulette, to gamble on one or more of 3 groups of 12 numbers, 1-12, etc.

EACH WAY BET: A sports gamble, indicating to gamble on a team or player to win or position in an event.

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

EXACTA: Betting that two horses in a match will complete the race in the exact same assignment as the wager - also known as a " Perfecta ".

FIVE-NUMBER LINE BET: In roulette, a wager carried out on a grouping of 5 numbers, such as 1-2-3-0, and 00.