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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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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
the action or activity of betting on uncertain outcomes or playing games of chance, hoping to win money or prizes
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
a gambling machine with a lever on the side that players pull after inserting coins in order to spin the reels
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
a single instance of betting, such as a roll of the dice in craps or a spin of the roulette wheel
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
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
a physical or electronic document that represents the purchase of a chance to win a prize or participate in a game
an unclear situation that either of two possibilities have an equal chance of happening
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
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
(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
bets or wagers with a relatively low chance of winning, but with the potential for a large payout if successful
referring to the likelihood of a particular event occurring, with a high probability of success or a low degree of uncertainty
the likelihood of a particular event occurring, typically expressed as the ratio of the potential payout to the amount of the original wager
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
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
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
a casual or impulsive bet, often made on a whim or without much forethought
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
the amount of money or other valuable asset that a player risks or wagers on a particular bet or game
a bet on a particular horse or team to finish in either first or second place, depending on the terms of the bet
to combine multiple individual bets into one larger bet, with the potential for a higher payout if all of the individual bets are successful
a person or organization that accepts bets on the outcome of sporting events, horse races, or other types of gambling activities
a person who is highly skilled at manipulating playing cards for their own financial gain, often through cheating or deception
a person who works in a casino or other gambling establishment, responsible for dealing cards, managing bets, and facilitating the game for players
a person who participates in games of chance or bets on uncertain outcomes, often with the aim of winning money or other prizes
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
the amount of money or other valuable asset that a player or bettor receives as a result of a successful bet or wager
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
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
a blackjack rule where if a player is dealt five cards without busting, they automatically win the hand, regardless of the dealer's 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
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
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
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
