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Words Related to Games - Gambling Terms

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Words Related to Games
betting shop
[noun]
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
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casino
[noun]
a place where people play and bet their money on gambling games
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to draw
[verb]
to finish a game without any winning sides
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gambling
[noun]
the action or activity of betting on horse racing or of playing games of chance
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gambling den
[noun]
an illegal establishment or venue where people can engage in various forms of gambling activities, such as card games, dice games, or slot machines, often in an unregulated and unsafe environment
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gaming
[noun]
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
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numbers game
[noun]
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
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one-armed bandit
[noun]
a type of gambling machine or slot machine that features a lever or "arm" on the side that must be pulled to activate the spinning reels
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pit
[noun]
a designated area within a casino or other gambling establishment where various table games, such as blackjack, craps, and roulette, are located
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premium bond
[noun]
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
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roll
[noun]
a single instance of betting, such as a roll of the dice in craps or a spin of the roulette wheel
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scratchcard
[noun]
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
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sweepstakes
[noun]
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
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ticket
[noun]
a physical or electronic document that represents the purchase of a chance to win a prize or participate in a game
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tossup
[noun]
an unclear situation that either of two possibilities have an equal chance of happening
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to call
[verb]
to predict which side of a coin will face upwards after it is tossed
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double or quits
[phrase]
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
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each-way
[noun]
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
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even money
[noun]
(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
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long odds
[noun]
bets or wagers with a relatively low chance of winning, but with the potential for a large payout if successful
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short odds
[noun]
referring to the likelihood of a particular event occurring, with a high probability of success or a low degree of uncertainty
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odds
[noun]
the likelihood of a particular event occurring, typically expressed as the ratio of the potential payout to the amount of the original wager
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spread betting
[noun]
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
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the tote
[noun]
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
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to the bad
[phrase]
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
[noun]
a casual or impulsive bet, often made on a whim or without much forethought
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high-stakes
[adjective]
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
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wager
[noun]
a bet or a monetary stake placed on the outcome of an event
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to bet
[verb]
to risk money on the result of a coming event by trying to predict it
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stake
[noun]
the amount of money or other valuable asset that a player risks or wagers on a particular bet or game
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to back
[verb]
to place a bet on a particular outcome or event to occur
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to put on
[verb]
to place a bet on a particular outcome or event
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place bet
[noun]
a bet on a particular horse or team to finish in either first or second place, depending on the terms of the bet
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flip
[noun]
the act of flipping a coin to determine the outcome of a bet or wager
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to parlay
[verb]
to combine multiple individual bets into one larger bet, with the potential for a higher payout if all of the individual bets are successful
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bookie
[noun]
a person or organization that accepts bets on the outcome of sporting events, horse races, or other types of gambling activities
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card sharp
[noun]
a person who is highly skilled at manipulating playing cards for their own financial gain, often through cheating or deception
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croupier
[noun]
a person who works in a casino or other gambling establishment, responsible for dealing cards, managing bets, and facilitating the game for players
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gambler
[noun]
a person who participates in games of chance or bets on uncertain outcomes, often with the aim of winning money or other prizes
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high roller
[noun]
a person who bets on very large sums of money in casinos
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smart money
[noun]
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
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starting price
[noun]
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
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winnings
[noun]
the amount of money or other valuable asset that a player or bettor receives as a result of a successful bet or wager
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banker
[noun]
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
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push
[noun]
a situation where the player's and the dealer's hands have the same value in blackjack or a tie in other casino games, resulting in the player neither winning nor losing the bet
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five card charlie
[noun]
a blackjack rule where if a player is dealt five cards without busting, they automatically win the hand, regardless of the dealer's hand
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hard hand
[noun]
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
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pull tab
[noun]
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
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pachinko
[noun]
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
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claw machine
[noun]
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
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