Regardless of the fact that internet wagering is now a billion dollar business, and countless thousands of additional bettors world-wide sign on every day to play at web casinos, there are still millions of newcomers to the environment of internet wagering who do not as yet have a clear comprehension of a lot of the catchphrases used in internet betting, and betting on athletic event in general. Nonetheless, insight of these terms is necessary to interpreting the games and rules of gaming:

ACTION: Any type of wager.

ALL-IN: In poker, all-in means a gambler has deposited all of her chips into the pot. A side pot is created for the wagerers with additional money.

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

ANTE: A poker phrase for placing a specified sum of money into the pot prior to the start of each hand.

BRING-IN: A mandatory wager in 7-card stud made by the gambler showing the lowest value card.

BUST: You do not win; As in blackjack, when a player’s cards are valued over twenty-one.

BUY-IN: The the lowest value of chips required to appear in a game or event.

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

CHECK: In poker, to stay in the game without wagering. This is applicable only if no other gamblers wager in that round.

CLOSING A BET: As in spread wagering, meaning to make a bet 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, similar to a pass-line bet, but carried out after the player has arrived at his point.

COME-OUT ROLL: A crapshooters first toss to achieve a number, or the 1st toss after a number is achieved.

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

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

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

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

DOZEN BET: In roulette, to gamble on any of three sets of 12 numbers, 1-twelve, etc.

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

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

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

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