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Even though the fact that web wagering is now a many billion dollar industry, and endless thousands of brand-new wagerers around the globe log in every day to play at internet gambling halls, there are still millions of newcomers to the world of web betting who do not as yet have a clear understanding of much of the terminology used in web betting, and betting on athletic event in general. In any case, knowledge of these ideas is indispensable to interpreting the games and regulations of gambling:

ACTION: Any type of bet.

ALL-IN: In poker, all-in means a player has put all of her money into the pot. A second pot is developed for the bettors with remaining money.

ALL-UP: To bet on numerous horses in the same event.

ANTE: A poker phrase for placing a required figure of money into the pot just beforeeach hand begins.

BRING-IN: A necessary bet in 7-card stud carried out by the gambler showing the lowest value card.

BUST: You don’t win; As in chemin de fer, when a player’s cards exceed a value over 21.

BUY-IN: The the least sum of funds necessary to get in a match or event.

CALL: As in poker, when a wager is the same as a previously carried out bet.

CHECK: In poker, to stay in the match and not wagering. This is applicable only if no other gamblers wager in that round.

CLOSING A BET: Like in spread wagering, meaning to place a bet equal to but converse of the starting wager.

COLUMN BET: To wager on any of the three columns of a roulette table.

COME BET: In craps, similar to a pass-line wager, but made after the hurler has arrived at his number.

COME-OUT ROLL: A crapshooters initial roll to arrive at a number, or the 1st roll after a point is achieved.

COVERALL: A bingo term, symbolizing to fill all the squares on a bingo card.

CRAPPING OUT: In craps, to toss a 2, 3 or 12 is an automatic defeat on the come-out roll.

DAILY DOUBLE: To pick the winners of the first two events of the night.

DOWN BET: To wager that the outcome of an action will be smaller than the smallest end of the quote on a spread bet, also known as a "sell".

DOZEN BET: In roulette, to wager on one or more of 3 sets of 12 numbers, 1-12, etc.

EACH WAY BET: A sports wager, indicating to gamble on a team or player to win or position in an game.

EVEN MONEY BET: A bet that pays out the same amount as wagered, ( one to one ).

EXACTA: gambling that two horses in a race will finish in the exact same order as the bet – also referred to as a " Perfecta ".

FIVE-NUMBER LINE BET: In roulette, a wager made on a grouping of five numbers, like 1-2-3-0, and 00.