marker |
A check that can be written at the gaming
tables by a player who has established credit with the
casino |
mini-baccarat |
The scaled-down version of baccarat,
played with fewer players, dealers, and formality but
following the same rules as baccarat. |
natural |
In blackjack, a natural is a two-card
hand of twenty-one points. In baccarat a natural is
a two-card total of eight, or nine. |
number pool |
The range of numbers from which you
select the ones you want to play. A typical lottery
pool ranges from 1 to 60, and the keno pool is 1 to
80. |
nut |
Either the overhead costs of running
a casino, or the fixed amount that a gambler decides
to win in a day. |
odds |
Ratio of probabilities |
open |
In poker, the player who bets first. |
outside bets |
Roulette bets located on the outside
part of the layout. They involve betting 12 to 18 numbers
at one time. |
overlay |
A good bet where you have an edge over
the casino. |
pair |
Any two cards that have the same rank. |
pass |
To not bet, to fold. |
pat |
In draw poker, a hand that does not
need any more hands. In blackjack, an unbusted hand
worth at least 17 points. |
pay cycle |
A theoretical expression that reflects
the number of plays required for the machine to cycle
through all possible winning and nonwinning combinations. |
payline |
The line on a slot machine window on
which the symbols from each reel must line up. Slot
machines can have as many as eight paylines, although
most have only one. |
payoff |
Your payback; the return you see on
a wager. |
payout percentage
|
Also referred to as the payback percentage,
the percent of each dollar played in a video or slot
machine that the machine is programmed to return to
the player. Payback percentage is 100 percent minus
the house edge. |
payout table |
A posting somewhere on the front of
a slot or video poker machine, that tells you what each
winning hand will pay for the number of coins or credits
played. |
pit |
An area of a casino in which a group
of table games are arranged, where the center area is
restricted to dealers and other casino personnel. |
pit boss |
The person who supervises all the games
and casino personnel associated with a pit during a
particular work shift. Pit bosses are in place to watch
for cheating, settle disputes, and give comps to big
bettors. |
pot |
In a poker game, the amount of money
that accumulates in the middle of the table as each
player antes, bets, and raises. The pot goes to the
winner of the hand. |
pressing |
A player is pressing the bet when they
let winnings ride by wagering them along with the original
bet. |
probability |
A branch of mathematics that measures
the likelihood that an event will occur. Probabilities
are expressed as numbers between 0 and 1. The probability
of an impossible event is 0, while an event that is
certain to occur has a probability of 1. |
progressive |
A slot machine whose potential jackpot
increases with each coin that is played. When the progressive
jackpot finally hits, the amount resets to the starting
number. |
push |
A tie hand between a dealer and a player;
no money changes hands. A push at blackjack occurs when
both the player and the dealer have a unbusted hands
with the same total points. |
quads |
Four of a kind. |
qualifier |
In poker, the minimum standard a hand
must meet in order for it to be eligible for part of
the pot. |