Even though the reality that online betting is now a multi-billion dollar business, and endless thousands of new bettors around the world sign up every day to play at web gambling halls, there are still millions of newcomers to the world of web wagering who don’t as yet have a good understanding of much of the doublespeak employed in internet wagering, and gambling on athletic event in general. Nonetheless, understanding of these ideas is essential to understanding the games and regulations of gaming:

ACTION: Any style of wager.

ALL-IN: In poker, all-in alludes to a gambler has put all of his money into the pot. A side pot is created for the bettors with remaining money.

ALL-UP: To bet on many horses in the same race.

ANTE: A poker phrase for allocating a required sum of chips into the pot prior to the start of each hand.

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

BUST: You lose; As in 21, when a player’s cards are valued over twenty-one.

BUY-IN: The the least value of funds necessary to appear in a match or tournament.

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

CHECK: In poker, to stay in the match and not betting. This is applicable only if no other gamblers wager in that round.

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

COLUMN BET: To wager on any of the 3 columns of a roulette game.

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

COME-OUT ROLL: A crapshooters first roll to establish a point, or the first roll after a point has been achieved.

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

CRAPPING OUT: In craps, to toss a 2, 3 or twelve is an immediate loss on the come-out toss.

DAILY DOUBLE: To pick the champions of the 1st two races of the night.

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

DOZEN BET: In roulette, to gamble on any of 3 categories of twelve numbers, 1-twelve, etc.

EACH WAY BET: A sports wager, meaning to gamble on a group or player to succeed or medal in an event.

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

EXACTA: Betting that two horses in a race will finish in the absolute same assignment as the bet – also known as a " Perfecta ".

FIVE-NUMBER LINE BET: In roulette, a wager made on a block of 5 numbers, for instance 1-2-3-0, and 00.