Regardless of the fact that web betting is now a billion dollar industry, and countless thousands of new wagerers world-wide log in every day to bet at internet gambling dens, there are still millions of newcomers to the world of internet gambling who don’t as yet have a clear understanding of a lot of the terminology employed in internet betting, and betting on athletic event in general. In any case, knowledge of these terms is necessary to understanding the games and rules of gambling:

ACTION: Any type of wager.

ALL-IN: In poker, all-in means a gambler has risked all of her money into the pot. A second pot is set up for the gamblers with additional money.

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

ANTE: A poker term for allocating a necessary value of chips into the pot prior to the start of each hand.

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

BUST: You do not win; As in vingt-et-un, when a player’s cards exceed a value over 21.

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

CALL: As in poker, when a bet equals a prior carried out bet.

CHECK: In poker, to stay in the match without wagering. This is allowed only if no other players wager in that round.

CLOSING A BET: Like in spread betting, meaning to put a wager on par with but opposite of the starting wager.

COLUMN BET: To bet on any of the three columns of a roulette game.

COME BET: In craps, the same as a pass-line bet, but carried out after the shooter has established their number.

COME-OUT ROLL: A crapshooters initial toss to ascertain a point, or the initial toss after a number has been established.

COVERALL: A bingo term, which means to cover all the numbers on a bingo sheet.

CRAPPING OUT: In craps, to roll a 2, 3 or 12 is an automatic loss on the come-out roll.

DAILY DOUBLE: To select the winners of the 1st two events of the day.

DOWN BET: To wager that the result of an event will be smaller than the lowest 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 twelve numbers, one-12, etc.

EACH WAY BET: A sports bet, which means to wager on a team or player to succeed or place in an event.

EVEN MONEY BET: A wager that pays out the same number as wagered, ( 1:1 ).

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

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