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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

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

Ex: I went to the betting shop with my friends to see if we could guess the winning team .
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casino
[noun]

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

Ex: The casino hosted a special event with live music and entertainment .
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to draw
[Verb]

to finish a game without any winning sides

Ex: In the spirit of sportsmanship , players agreed to draw the round rather than prolonging the virtual battle .
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gambling
[noun]

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

Ex: Understanding the odds and knowing when to stop are essential aspects of responsible gambling.
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a place where gambling activities are conducted illegally or secretly

Ex: The old building had been turned into a gambling den, attracting people from all over town .
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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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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

Ex: The authorities are cracking down on the numbers game, hoping to put an end to underground gambling .
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a gambling machine with a lever on the side that players pull after inserting coins in order to spin the reels

Ex: Online casinos offer a variety of one-armed bandit games for players to enjoy from the comfort of their homes .
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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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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

Ex: He was disappointed when his premium bonds did n’t win anything this month .
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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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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

Ex: After scratching off the numbers, I realized I hadn’t won anything this time.
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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

Ex: He found a coupon inside his cereal box that entered him into a sweepstakes.
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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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toss-up
[noun]

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

Ex: The game was so close , it was a toss-up who would win .
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to call
[Verb]

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

Ex: We called tails and got the first possession .
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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

Ex: The game was getting intense, and it felt like everyone was going double or quits with each round.
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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

Ex: I always bet each-way when I’m unsure about which horse will win but want to cover my bases.
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(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

Ex: I placed an even-money bet on the coin toss and was lucky enough to win.
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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

Ex: The horse had long odds of winning the race , but it still managed to cross the finish line first .
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referring to the likelihood of a particular event occurring, with a high probability of success or a low degree of uncertainty

Ex: Everyone is betting on the team with short odds, so I might try my luck with a long shot instead .
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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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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

Ex: Spread betting is popular among people who like to take risks , as it offers the chance to win or lose big based on the result .
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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

Ex: He made a wager with his friend about the outcome of the election .
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to bet
[Verb]

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

Ex: Last week , the group bet on the roulette wheel at the casino .
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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

Ex: She backed the outcome of the election , confident in her prediction .
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to put on
[Verb]

to place a bet on a particular outcome or event

Ex: I wouldn't put on too much money given the odds.
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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

Ex: I had a place bet on the team to finish in the top three , so I was relieved when they came in second .
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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

Ex: Poker players will sometimes parlay a table stack into buying into a higher stakes game .
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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

Ex: I used to go to a local bookie, but now I prefer to bet online .
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a person who is highly skilled at manipulating playing cards for their own financial gain, often through cheating or deception

Ex: He had the reputation of being a card sharp, and no one wanted to play against him because they knew it was n’t fair .
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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

Ex: The croupier explained the rules of blackjack to the new players at the table .
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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

Ex: The gambler studied the odds carefully before placing his next bet .
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a person who bets on very large sums of money in casinos

Ex: While most visitors played conservatively , the high roller at the blackjack table bet $ 50,000 on a single hand .
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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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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

Ex: Even though the starting price was low , the underdog shocked everyone by winning .
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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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a blackjack rule where if a player is dealt five cards without busting, they automatically win the hand, regardless of the dealer's hand

Ex: She was thrilled to hit a five card Charlie and walk away with all the chips.
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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

Ex: He made a risky move with a hard hand of 13 , hoping to get a lucky card .
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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

Ex: I was excited to see if my pull tab would match the winning symbols .
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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

Ex: He exchanged his winnings from the pachinko game for a few cool prizes .
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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

Ex: I tried to get a stuffed dinosaur from the claw machine, but it kept slipping out of the claw 's grip .
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