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Despite the actuality that web betting is now a many billion dollar industry, and countless thousands of additional wagerers world-wide log in daily to gamble at online gambling dens, there are still millions of newcomers to the world of online wagering who do not as yet have a clear comprehension of much of the terminology employed in web wagering, and betting on sports in general. In any case, knowledge of these ideas is indispensable to comprehending the games and policies of gaming:

ACTION: Any type of bet.

ALL-IN: In poker, all-in means a player has risked all of his bankroll into the pot. A side pot is created for the players with remaining chips.

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

ANTE: A poker term for allocating a necessary value of chips into the pot beforeevery hand begins.

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 chemin de fer, when a gambler’s cards exceed a value over 21.

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

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

CHECK: In poker, to remain in the match and not wagering. This is allowed only if no other players bet in that round.

CLOSING A BET: As in spread wagering, meaning to lay a bet equal to but opposite of the leading bet.

COLUMN BET: To bet on one or more of the 3 columns of a roulette table.

COME BET: In craps, close to a pass-line wager, but made after the player has ascertained her number.

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

COVERALL: A bingo term, which means to fill all the squares on a bingo sheet.

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

DAILY DOUBLE: To pick the winners of the 1st two events of the tournament.

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 known as a "sell".

DOZEN BET: In roulette, to gamble on one or more of 3 categories of twelve numbers, 1-12, etc.

EACH WAY BET: A sports bet, meaning to gamble on a group or player to win or position in a match.

EVEN MONEY BET: A bet that pays the same amount as gambled, ( 1:1 ).

EXACTA: wagering that two horses in a match will finish in the exact same order as the wager – also referred to 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.