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Games - Gambling Terms

Here you will learn some English words related to gambling terms such as "draw", "stake", and "betting shop".

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Words Related to Games
betting shop

a physical or online location where people can place bets on various sporting events and other types of competitions, with odds determined by the bookmaker

[noun]
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casino

a place where people play and bet their money on gambling games

[noun]
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to draw

to finish a game without any winning sides

[Verb]
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gambling

the action or activity of betting on uncertain outcomes or playing games of chance, hoping to win money or prizes

[noun]
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gambling den

a place where gambling activities are conducted illegally or secretly

[noun]
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gaming

the act of playing for stakes in the hope of winning, involves the payment of a price or consideration for the opportunity to win a prize or reward, which may include money, goods, or other valuable items

[noun]
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numbers game

a form of illegal gambling that involves the selection of a series of numbers, often based on a publicly available source such as a lottery or race

[noun]
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one-armed bandit

a gambling machine with a lever on the side that players pull after inserting coins in order to spin the reels

[noun]
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pit

a designated area within a casino or other gambling establishment where various table games, such as blackjack, craps, and roulette, are located

[noun]
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premium bond

a type of savings bond issued by the government, in which the bondholder is entered into a monthly lottery drawing for the chance to win a tax-free cash prize, with the prize amounts ranging from small sums to much larger jackpots

[noun]
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roll

a single instance of betting, such as a roll of the dice in craps or a spin of the roulette wheel

[noun]
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scratchcard

a small card made of paper or cardstock that features concealed areas or panels that can be scratched off to reveal a prize or other information

[noun]
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sweepstakes

a type of contest or promotion in which entrants are selected at random to win a prize or prizes, often without any purchase or payment required to enter

[noun]
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ticket

a physical or electronic document that represents the purchase of a chance to win a prize or participate in a game

[noun]
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tossup

an unclear situation that either of two possibilities have an equal chance of happening

[noun]
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to call

to predict which side of a coin will face upwards after it is tossed

[Verb]
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double or quits

a phrase that is often used in gambling to describe a bet in which the player has the option to double their winnings or lose everything, depending on the outcome of a subsequent event

[phrase]
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each-way

a type of wager where two equal bets are placed on the same selection, one for the selection to win and the other for the selection to place

[noun]
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even money

(gambling) a bet or wager that pays out at a 1:1 ratio, or in other words, a bet in which the potential payout is equal to the amount of the original wager

[noun]
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long odds

bets or wagers with a relatively low chance of winning, but with the potential for a large payout if successful

[noun]
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short odds

referring to the likelihood of a particular event occurring, with a high probability of success or a low degree of uncertainty

[noun]
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odds

the likelihood of a particular event occurring, typically expressed as the ratio of the potential payout to the amount of the original wager

[noun]
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spread betting

a type of gambling in which bettors place wagers on the outcome of an event based on a range of possible outcomes, with payouts determined by the accuracy of the bettor's prediction relative to the spread or range of outcomes set by the bookmaker

[noun]
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the tote

a pool betting system, in which all bets are pooled together, and the total amount is then divided among the winners, minus a commission taken by the bookmaker

[noun]
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to the bad

a gambling term used to describe a situation where a player has lost all of their money that they had intended to gamble with, and is now in a negative financial position as a result

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flutter

a casual or impulsive bet, often made on a whim or without much forethought

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high-stakes

describing a situation where a large amount of money or other valuable assets are at risk, often in the context of gambling or other forms of high-risk activity

[Adjective]
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wager

a bet or a monetary stake placed on the outcome of an event

[noun]
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to bet

to risk money on the result of a coming event by trying to predict it

[Verb]
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stake

the amount of money or other valuable asset that a player risks or wagers on a particular bet or game

[noun]
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to back

to place a bet on a particular outcome or event to occur

[Verb]
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to put on

to place a bet on a particular outcome or event

[Verb]
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place bet

a bet on a particular horse or team to finish in either first or second place, depending on the terms of the bet

[noun]
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flip

the act of flipping a coin to determine the outcome of a bet or wager

[noun]
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to parlay

to combine multiple individual bets into one larger bet, with the potential for a higher payout if all of the individual bets are successful

[Verb]
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bookie

a person or organization that accepts bets on the outcome of sporting events, horse races, or other types of gambling activities

[noun]
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card sharp

a person who is highly skilled at manipulating playing cards for their own financial gain, often through cheating or deception

[noun]
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croupier

a person who works in a casino or other gambling establishment, responsible for dealing cards, managing bets, and facilitating the game for players

[noun]
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gambler

a person who participates in games of chance or bets on uncertain outcomes, often with the aim of winning money or other prizes

[noun]
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high roller

a person who bets on very large sums of money in casinos

[noun]
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smart money

bets or wagers made by experienced or professional bettors who have a reputation for making successful bets due to their access to insider information, advanced statistical models, or other tools and resources

[noun]
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starting price

the odds or price at which a horse or other competitor is valued at the start of a race or event, as determined by the bookmaker or betting exchange

[noun]
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winnings

the amount of money or other valuable asset that a player or bettor receives as a result of a successful bet or wager

[noun]
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banker

a person who deals with the funds or money in a game, typically in gambling or banking games, and may also refer to the dealer or player responsible for controlling the bank or funds

[noun]
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five card charlie

a blackjack rule where if a player is dealt five cards without busting, they automatically win the hand, regardless of the dealer's hand

[noun]
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hard hand

a hand in blackjack that does not contain an Ace or contains an Ace that can only be counted as 1, making it inflexible in its value

[noun]
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pull tab

a type of instant win game or gambling ticket, typically made of paper, with concealed windows that can be opened to reveal if the player has won a prize

[noun]
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pachinko

a type of mechanical arcade game and gambling device that originated in Japan, in which players shoot small metal balls into a vertical playing field filled with pins, bumpers, and other obstacles

[noun]
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claw machine

an arcade machine that has a claw-like device used to grab prizes inside the machine and drop them into a chute for players to win

[noun]
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