There are infinite amount of online gambling terms that players read and hear at online casinos all the time. There are some that we have gotten used to and there are some others that we do not quite understand. I remember when I had just started online gambling and all the words such as ‘house’, ‘edge’, ‘hole cards’, etc, seemed so unfamiliar.
Even the most seasoned players sometimes run into terms that they never fully understand and they just play along with them. In this post I will try to explain a some of the most common terms that players should know in order to be able able to gamble at online casinos.
- Action: to place a bet or a specific player’s time to make a decision while playing a game. ‘The action’s on you, Sir.’ ‘It is your time to act.’
- Aggregate Limit: this refers to the total payout liability of a casino during a certain game.
- Ante: a bet, or amount of money, that must be put into the pot before the cards are dealt.
- Banker/Croupier/Dealer: the one who deals the cards at a card game.
- Bankroll: a players’ amount of money available to be gambled.
- Face Cards: Jacks, Queens and Kings of any suit.
- Fish: a bad player, loses a lot of money, easy to defeat.
- Hole cards: also called pocket cards, are the cards that are dealt to the player downwards and that only he can see.
- House: the casino.
- House edge: the percentage advantage that the casino has over the players. So, in blackjack there is a 0.05% house edge, meaning that the casino has a 0.05% higher chance of winning in the game.
- Insurance: in Blackjack, when the dealer’s upcard is an Ace players are offered to take a side bet called insurance. The bet is that the dealer has a natural (21) and if this is true the insurance bet wins double, but also loses double if the dealer does not have it.
Those were only a few terms, come back tomorrow for some more. And please, post comments and tell me what you would like me to write about!