Despite the fact that internet wagering is now a billion dollar business, and countless thousands of brand-new gamblers world-wide sign on daily to gamble at web casinos, there are still millions of new players to the world of web wagering who do not as yet have a good understanding of much of the dialect employed in web gambling, and wagering on sports in general. However, understanding of these terms is essential to comprehending the games and regulations of wagering:

ACTION: Any style of wager.

ALL-IN: In poker, all-in means a player has risked all of his money into the pot. A second pot is developed for the wagerers with additional money.

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

ANTE: A poker phrase for placing a specified amount of chips into the pot just beforeeach hand begins.

BRING-IN: A required bet in seven-card stud carried out by the gambler showing the smallest value card.

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

BUY-IN: The the lowest amount of funds necessary to get in a match or event.

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

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

CLOSING A BET: As in spread wagering, meaning to place a wager equal to but opposite of the starting bet.

COLUMN BET: To bet on any of the three columns of a roulette game.

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

COME-OUT ROLL: A crapshooters first roll to ascertain a point, or the initial roll after a number is achieved.

COVERALL: A bingo term, meaning to blanket all the numbers on a bingo sheet.

CRAPPING OUT: In craps, to roll a 2, three or twelve is an automatic defeat on the come-out toss.

DAILY DOUBLE: To select the champions of the initial two races of the night.

DOWN BET: To bet that the result of an action 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 three groups of twelve numbers, 1-12, etc.

EACH WAY BET: A athletics gamble, indicating to bet on a team or player to win or medal in an event.

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

EXACTA: wagering that two horses in a contest will complete the race in the exact same order as the bet – also referred to as a " Perfecta ".

FIVE-NUMBER LINE BET: In roulette, a bet made on a block of five numbers, such as 1-2-3-0, and 00.