Anyone, who's just starting their journey through the world of online gambling, can be confused by some of the words and phrases used by players and casinos. We've compiled this glossary to help you learn and understand the basics. COMMON GAMBLING TERMS
Add-On. A poker term. If you want to buy more chips to use during the game, these are called add-ons. Aggregate Limit. The aggregate limit is the casino’s payout liability in any one game. All-In. A poker term for betting all of your chips. If you’re playing a No Limit game and another player’s bet is more than what you have, you can go “all-in,” and the other player will reduce their bet to match yours. Ante. Another word for bet. Players make an ante before the cards are dealt. Bankroll. A bankroll is the amount of money a player sets aside strictly for gambling purposes. They’re most commonly used by professional gamblers to ensure they only play with money they designate for gambling. Bet. In betting terminology, bet means to stake money on a game or event. Depending on the situation, several bets may be made. Bonus. Online casinos offer bonuses, or incentives, to new players that sign up and make their first deposit. Bonuses can vary from one online casino to the next. Buy In. The “buy in” is the money used to buy chips before playing a table game. Casino. What is a casino? The official casino definition is: “a public space where gambling games are played.” Casino Advantage. The casino advantage refers to the “edge” the casino has over players, or the likelihood that the casino will win. This is also known as the house edge. It’s the ratio of the player’s expected loss to the bet amount. The higher the house edge, the greater the chance of the player losing. Chips. When gambling at a casino, chips are tokens that represent real money and are used to make bets. Find more at https://casinohex.co.uk/blog/gambling-glossary/
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April 2021
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