Regardless of the reality that online wagering is now a many billion dollar business, and countless thousands of new players world-wide log on every day to wager at internet gambling halls, there are still millions of newcomers to the world of online gambling who don’t as yet have a clear understanding of much of the doublespeak employed in internet betting, and betting on athletics in general. Nonetheless, understanding of these terms is necessary to interpreting the games and rules of play:

ACTION: Any type of wager.

ALL-IN: In poker, all-in means a gambler has risked all of her bankroll into the pot. A second pot is developed for the wagerers with additional chips.

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

ANTE: A poker phrase for placing a necessary sum of money into the pot prior to the start of each hand.

BRING-IN: A necessary wager in seven-card stud carried out by the gambler displaying the lowest value card.

BUST: You don’t win; As in blackjack, when a gambler’s cards total over twenty-one.

BUY-IN: The minimal amount of money necessary to enroll in a match or event.

CALL: As in poker, when a wager equals a prior made wager.

CHECK: In poker, to remain in the game and not betting. This is allowed only if no other players bet in that round.

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

COLUMN BET: To wager on any of the 3 columns of a roulette table.

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

COME-OUT ROLL: A crapshooters first roll to ascertain a point, or the initial roll after a number has been achieved.

COVERALL: A bingo term, which means to fill all the spots on a bingo card.

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

DAILY DOUBLE: To choose the champions of the first 2 events of the day.

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

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

EACH WAY BET: A sports gamble, meaning to gamble on a group or player to win or medal in a match.

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

EXACTA: gambling that two horses in an event will complete the race in the exact same assignment as the bet – also referred to as a " Perfecta ".

FIVE-NUMBER LINE BET: In roulette, a wager carried out on a block of five numbers, such as 1-2-3-0, and 00.