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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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: The betting shop was busy today , with people gathered around watching the game .
casino [noun]

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

Ex: The luxurious casino featured high-stakes poker tables and gourmet restaurants .
to draw [verb]

to finish a game without any winning sides

Ex: The Monopoly game was drawn after several hours of intense trading and property management .
gambling [noun]

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

Ex: Many countries have regulations in place to control and monitor gambling activities to protect consumers and prevent problem gambling .

a place where gambling activities are conducted illegally or secretly

Ex: The underground gambling den was filled with high-stakes poker players .
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

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: She was warned by her friend to stay away from the numbers game , as it could get dangerous .

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

Ex: Many people enjoy the thrill of playing the one-armed bandit in hopes of hitting the jackpot .
pit [noun]

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

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: If you ’re looking for an investment with no risk , premium bonds might be a good option .
roll [noun]

the action of throwing dice in a game

Ex: The game depends on the luck of the roll .

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: We were excited when the scratchcard showed that we had won $ 50 .

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: Many companies use sweepstakes to promote their new products .
ticket [noun]

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

toss-up [noun]

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

Ex: It ’s a toss-up whether I ’ll make it to the meeting on time with this traffic .
to call [verb]

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

Ex: She called tails but the coin landed on heads .

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: He felt lucky and chose double or quits , hoping to double his prize , but ended up losing it all .
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: He put his money on the outsider , but he made sure to bet each-way , just in case it did better than expected .

(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: He bet even money on the first round of the poker game and ended up doubling his chips .

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 .

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 .
odds [noun]

the ratio by which one bettor's wager is greater or smaller than another's

Ex: He calculated the odds to decide how much to stake .

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: They discussed spread betting strategies , focusing on how to predict outcomes more accurately .
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

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

flutter [noun]

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

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

wager [noun]

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

Ex: She lost the wager when her horse came in second place .
to bet [verb]

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

Ex: The group is currently betting on the outcome of the lottery .
stake [noun]

money risked in gambling

Ex: She lost her stake in the poker game .
to back [verb]

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

Ex: They backed the favorite horse in the derby .

to place a bet on a particular outcome or event

Ex:

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

Ex: Instead of betting on the winner , I went for a place bet to cover the possibility of a close finish .
flip [noun]

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

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: I wanted to parlay my $ 20 win into an even bigger payout with another bet .
bookie [noun]

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

Ex: The bookie told me that I could win big if my team won by more than 10 points .

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

Ex: The dealer warned the players about the card sharp who had been banned from other casinos .
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 smiled and asked if I wanted to place another bet .
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 casino was filled with eager gamblers trying their luck .

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

Ex: The casino offers exclusive privileges to its high rollers , including private gaming rooms and luxury accommodations .

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

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: The starting price for the race was set just before the horses lined up at the starting gate .
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

banker [noun]

the participant responsible for managing the bank, funds, or stakes in a gambling game

Ex: Card games often rotate the role of banker among participants .

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: I was n’t expecting to win , but I got a five card Charlie and took the prize .

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: The dealer showed a 6 , and I had a hard hand of 17 , so I chose to stand .
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: Pull tabs are a fun and easy way to try your luck without spending much money .
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: After work , he likes to relax by playing pachinko at the local parlor .

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: The claw machine in the mall is always so tempting ; I can never walk by without trying it .