Despite the fact that internet wagering is now a many billion dollar business, and countless thousands of additional bettors around the world log on daily to play at internet gambling halls, there are still millions of newbies to the world of web betting who don’t as yet have a clear understanding of much of the dialect used in web wagering, and betting on athletics in general. Nonetheless, insight of these terms is essential to understanding the games and regulations of wagering:

ACTION: Any style of wager.

ALL-IN: In poker, all-in means a player has put all of his money into the pot. A side pot is created for the players with additional money.

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

ANTE: A poker phrase for placing a necessary amount of money into the pot beforeeach hand starts.

BRING-IN: A necessary wager in 7-card stud carried out by the player displaying the lowest value card.

BUST: You lose; As in twenty-one, when a gambler’s cards total over 21.

BUY-IN: The the least sum of cash necessary to appear in a game or tournament.

CALL: As in poker, when a wager is the same as an already made bet.

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

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

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

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

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

COVERALL: A bingo term, meaning to fill all the spots on a bingo card.

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

DAILY DOUBLE: To choose the winners of the first 2 races of the tournament.

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

DOZEN BET: In roulette, to wager on any of three groups of 12 numbers, one-twelve, etc.

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

EVEN MONEY BET: A wager that pays the same amount as bet, ( one to one ).

EXACTA: laying odds that two horses in a match will complete the race in the exact same assignment as the bet – also referred to as a " Perfecta ".

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