Gambling Terms and Glossary
We have compiled this glossary as we want our readers to understand the casino terminology. You’ll find that some terms below are used not only in a virtual but also in land-based gaming halls. All in all, it will help you keep track of all the trends while enjoying your favorite slot machines and other casino games.
- "Advantage Player" - a gambler that has more advantages than dealer/casino. In the traditional sense, this term is intended for card counters (BlackJack), but today it also refers to gamers who use different bonuses.
- "Ante" - is a bet that is activated before the start of hand/spin (you can find it in some game rooms).
- "Banker" - is another word indicating house or croupier.
- "Bankroll" - the player’s budget for the gambling session.
- "Bonus" - free spins and money offered to players for fulfilling certain requirements.
- "Card Shark" - a person with extensive experience in card games.
- "Cash-Out" - also known as withdrawal when a player wants to receive his winnings.
- "Cashier" - the place with chips in the offline house. In virtual casinos, you can make deposit/withdrawal.
- "Casino Advantage" or "House Edge" - the mathematical advantage of the gaming room.
- "Casino Rewards" - to surprise gamers and make their session interesting, many casinos give different rewards, typically cash.
- "Chip Tray" - a special dealer’s tray for storing chips.
- "Chips" - tokens that you buy at the box office. They are provided in various denominations.
- "Cold Streak" - a series of losses in a virtual or offline casino.
- "Color Up" - an exchange of low-value chips for more valuable ones.
- "Comp Points" - some casinos of various formats offer players additional privileges known as comp points. You can always exchange them for chips/money or food/drinks in offline houses.
- "Croupier" - is the word for the dealer.
- "Cut Card" - is a special card (plastic) often used to cut the deck.
- "Dealer" - a man/woman who takes bets and deals cards.
- "Degenerate Gambler" - an active gambler who spends every day in a gaming hall.
- "Deposit" - the process of depositing funds to the game account.
- "Download Casino" - some web-sites offering to download software on a PC or smartphone.
- "Edge" - most of the time the gaming room has an advantage.
- "Eye in the Sky" - an overhead camera that monitors players and dealers.
- "Flash Casino" - all virtual casinos that are launched in the browser as they’re based on flash technology.
- "Gambler’s Fallacy" - players who think that previous events affect the outcome of a random results.
- "High Roller" - a gambler who always makes big bets and often visits the casino.
- "House" - another word that defines casinos.
- "House Rules" - each gaming room has its own rules covered by this term.
- "Instant Casino" - an online casino that does not require the installation of additional software.
- "Jackpot" - the main prize in any game. As a rule, its size is indicated in the rules.
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