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Regardless of the reality that online gambling is now a multi-billion dollar industry, and countless thousands of new wagerers around the globe log in each day to bet at web gambling dens, there are still millions of new players to the world of online wagering who do not as yet have a clear understanding of much of the terminology employed in internet gambling, and betting on athletic event in general. Notwithstanding, insight of these ideas is indispensable to understanding the games and codes of betting:

ACTION: Any type of bet.

ALL-IN: In poker, all-in means a gambler has risked all of his money into the pot. A side pot is developed for the bettors with remaining chips.

ALL-UP: To bet on many horses in the identical contest.

ANTE: A poker term for allocating a necessary sum of chips into the pot just beforeeach hand begins.

BRING-IN: A required wager in 7-card stud carried out by the gambler showing the smallest value card.

BUST: You don't win; As in chemin de fer, when a gambler's cards total over 21.

BUY-IN: The the lowest value of money necessary to enter a match or tournament.

CALL: As in poker, when a wager is the same as an already made bet.

CHECK: In poker, to stay in the game and not betting. This is acceptable only if no other gamblers wager in that round.

CLOSING A BET: As in spread wagering, meaning to put a wager equal to but opposite of the opening bet.

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

COME BET: In craps, close to a pass-line bet, but carried out after the shooter has arrived at his point.

COME-OUT ROLL: A crapshooters first toss to arrive at a number, or the initial roll after a point has been arrived at.

COVERALL: A bingo term, which means to cover all the squares on a bingo card.

CRAPPING OUT: In craps, to toss a two, 3 or 12 is an immediate loss on the come-out roll.

DAILY DOUBLE: To select the winners of the first 2 events of the night.

DOWN BET: To wager that the result of an event will be lower than the smallest end of the quote on a spread bet, also referred to as a "sell".

DOZEN BET: In roulette, to bet on one or more of three sets of 12 numbers, one-12, etc.

EACH WAY BET: A athletic event wager, indicating to gamble on a team or player to win or place in an event.

EVEN MONEY BET: A wager that pays the identical number as gambled, ( one to one ).

EXACTA: Betting that 2 horses in a race will complete the race in the exact same order as the bet - also known as a " Perfecta ".

FIVE-NUMBER LINE BET: In roulette, a bet placed on a block of 5 numbers, such as 1-2-3-0, and 00.