 |
Casino
Terms |
|
Inside Bets |
A
roulette bet placed
on any number, or
small combination
of numbers. |
|
|
|
| Insurance |
In
blackjack, a side
bet that the dealer
has a natural. Insurance
is offered only when
the dealers up card
is an ace. The insurance
bet wins double if
the dealer has a natural,
but loses if the dealer
does not. |
|
|
Casino
Terms |
| Jackpot |
A
big win on a slot
machine. |
|
|
|
Jacks or Better |
In
videopoker games the
payout starts at a
certain level ranking
of hands. When playing
Jacks or Better, if
you get a pair of
Jacks or a higher
ranking, you win.
You don't win anything
on a pair of tens
or lower. |
|
|
| Joker |
The
53rd card in a deck,
sometimes used as
a wild card. |
|
|
| Juice |
(USA)
Vig. or Vigorish.
Commission taken by
the house |
|
|
Casino
Terms |
|
Kicker |
In
a draw poker game,
an odd high card held
that doesn’t
contribute to a straight
or a flush, usually
an ace or a king.
|
|
|
Casino
Terms |
| Ladderman |
Casino
employee who oversees
the baccarat game.
Personnel working
this game are two
dealers seated together
at the center of the
table, a caller standing
at the table across
from the dealers,
and the ladderman,
supervising the action
from a chair above
the table. |
|
|
| Laying
the Odds |
There
are two fundamental
forms of wagering,
'taking the odds'
and 'laying the odds'.
In most forms of sports
betting, some odds
are so high in favour
of the likely winner
that winning wagers
get paid an amount
less than the amount
wagered by some percentage,
and this is what is
meant by 'laying the
odds'. In most casino
games the player is
'taking the odds'
by wagering an amount
that is less than
they will receive
if they win, that
is; if you wager $1
you would win more
than $1. |
|
|
| Layout |
Cloth
on a gaming table.
Markings tell you
where you can place
your bets. |
|
|
| Load
Up |
To
play the maximum number
of coins per spin
that a slot machine
or video game will
allow. |
|
|
| Long
Run |
The
number of rounds of
play, hands or spins,
needed for the ratio
of wins to losses
to reach a point where
they are changed very
little by the cumulative
effect of outcomes.
|
|
|
| Loose |
Referred
to slot machines that
have a generous payout.
|
|
|
| Low
Poker |
Also
called lowball, is
poker in which the
pot is awarded to
the hand with the
lowest poker value.
|
| |
|
