Casino dictionary - Your Glossary of Casino-Terms 2021 in Canada.
A
- Advantage Player: An advantage player is a player that in some way can gain some kind of advantage over the house. Some examples of advantages can be counting cards, using bonuses such as welcome bonus and free spins.
- Ante: Ante is a bet that everyone in the game must make to stay at the table. It forces there to always be at least some payout. Often used in card games and is not to be confused with blinds.
- Automatic Card Shuffler (ACS): Automatic Card Shuffler or ACS is a machine that automatically shuffles one or more card decks.
B
- Banker: Banker is the one that collects lost bets and pays out winnings. This position is often held by the dealer.
- Bankroll: A bankroll is a fixed amount of money that a player has to gamble with.
- Bet: It’s the amount of money a player risk for a chance of winning money.
- Betting Limits: The minimum and maximum bets allowed.
- Blinds: Blinds are bets that only one or two players are forced to make, usually in card games. For example, in texas hold’em, there’s a big and a small blind. It’s called blinds because the player has to place bets before they can see their cards.
- Bonus: Bonus is something that some online casino offers new players. Players receive a bonus if they meet certain requirements and it often comes with a wagering requirement.
- Burn Card: The card on the top of the deck that is discarded after a shuffle and/or before a new round.
C
- Card Counting: Counting cards, most commonly used in blackjack, means that you keep track of the cards that have been dealt. By keeping track of the cards that have been dealt you can calculate the odds of which cards are more likely to come next. This strategy can give you an edge against the house.
- Card Shark: Cardshark is an expert at card games
- Cash Bonus: A cash bonus is just as it sounds, a bonus where you receive cash. Cash bonus often comes with a wagering requirement
- Cash Out: Cash out means that you withdraw funds from your online account to your bank account.
- Cashier: A cashier is where you exchange chips for money on a land-based casino. However, if you’re playing on an online casino, it’s where you withdraw and deposit from your account.
- Casino Advantage: Casino edge or house edge is the edge that both land-based casinos and online casinos have over players.
- Casino Rewards: An reward from the land-based casino or online casino.
- Chasing: When a player tries to recover precious losses by stepping up the stakes.
- Chip Tray: A chip tray holds the chips, simply a chips inventory for the house.
- Chips: Tokens that represent money.
- Coat Tail: Coat tailing is when a player plays in the same way as another player.
- Cold Streak: Cold streak is when a player has multiple losing runs after another.
- Comp: Comp is when a player receives compensation for their gambling activity. It can be everything from free drinks and food to accommodation and more.
- Continuous Shuffling Machine (CSM): A machine that is used at land-based casinos that automatically and continuously shuffles the cards during a game.
- Croupier: The croupier is in charge of a gaming table, it’s another name for a dealer.
- Cut Card: A blank card that is used to cut/split the deck of cards. Commonly used in Black Jack.
D
- Dealer: The dealer is in charge of a gaming table, also known as a croupier.
- Deposit Bonus: A form of bonus that players can receive at an online casino when they make a deposit. Deposit bonuses can come with a wagering requirement.
- Deposit: Transfer money to your online casino account.
- Discard Tray: A tray where the played and discarded cards end up.
E
- E-Commerce Online Gaming Regulation and Assurance (eCOGRA): Leading independent and internationally approved testing agency, specializing in the certification of online gaming software and systems.
- Edge: Edge is when someone has some sort of advantage over the other. For example, see the house edge. A player can also, in some ways, have the edge over the house by knowing how to count cards.
- Even Money Bet: Even Money Bet is in theory, a bet, where you have the potential of winning the same amount of money as the initial bet. For example, if you bet $10 and win, you’ll receive $10 plus your bet of $10.
- Expected Win Rate: Expected Win Rate basically tells how much of the wagered money played will go back to the player, in theory. For example, let us say, that you place $1 a hundred times on Mega Joker that has a whopping 99% RTP, you might expect, in theory, to get back £99. However, anything can happen in the short term and don’t forget that RTP is calculated over a long period of time. Also, known as Return to Player (RTP)
- Eye in the Sky: Term for the security cameras at a land-based casino.
F
- Face Card: The faced cards are jacks, queens and kings in a deck of cards.
- Face Down Card: A card on the table that is unexposed, in other words, with the face-down.
- Face Up Card: A card on the table that is exposed, in other words, with the face-up.
- Flash Casino: An online casino that allows you to play directly from the browser.
- Flat Betting: Flat betting is when you bet the same amount each time you place a bet.
G
- Gambler’s Fallacy: An incorrect belief that future outcomes are influenced by previous events. For example, if all previous spins in Roulette have been black, therefore, it can’t be black this time as well.
H
- High Roller: A player that places high bets.
- Hot Streak: Several wins in a row.
- Hot Table: A table with players where all or most players are winning.
- House Edge: No matter what game you’re playing, the house, the casino has the edge in some way. For example, if an online slots machine has a 99% Return to Player, it means that the house that a 1% edge over the player.
- House Rules: Rules that apply at the specific casino you’re playing at.
- House: Alternative term for casino
I
- Instant Casino: An online casino that allows you to play directly from the browser.
J
- Jackpot: A large prize pot that a player receives when he or she meets specific requirements in a game, often online slots.
L
- Layout: Layout or betting layout is the area where players can place their chips and bets.
- Live Dealer Games: Live Dealer Games are where you have a real dealer and a real gaming table, for example, blackjack and play via video stream.
- Lobby: The lobby is where you find all available games at an online casino.
- Loyalty Program: A loyalty program at an online casino intends to reward its players based on their activity.
M
- Maximum Bet: The highest bet a player can place on a single bet.
- Minimum Bet: The smallest bet a player can place on a single bet.
- Multi-Hand Game: A game where a player can play multiple hands at the same time. For example, Black Jack is a game where you often can play multiple hands at the same time.
- Multiplayer Games: A game where more than one player can play at the same time.
N
- Net Winnings: If you’ve won more money than you’ve lost, it’s a net win.
- Net Loss: If you’ve lost more money than you’ve won, it’s a net loss.
O
- Odds: In gambling, the odds are the ratio of payoff, and do not necessarily reflect exactly the probabilities. For example, let’s say you place a bet of $10 on a football game that gives 2.0 if you win. If you win, you’ll receive $10 in winnings plus your initial bet of $10. If you place a bet on a game that gives 1.1 in odds and win, you’ll receive $1 in winnings plus your initial bet of $10.
P
- Payout: The amount that is returned to a player after winning.
- Payout Percentage: See Expected Win Rate and Return to Player.
- Payout Table: A table with information about all winning combinations, often related to online slots. It shows which symbols that has to appear on the reels to win.
- Penetration: Penetration or Deck Penetration is a term that is used to describe the number of cards that are cut off, relative to the cards that are dealt out.
- Pit: Areas in a land-based casino where only staff are allowed.
- Pit Boss: An employee that is responsible for supervising
- Play For Fun: Online casinos often have Play for Fun-versions of their games where they let you try the game without having to risk your own money.
- Progression Betting: It’s when you’re increasing your bets each time.
- Progressive Jackpot: A type of jackpot that is getting bigger and bigger until someone wins it.
- Push: An alternative term for tie
- Return to Player: Return to player basically tells how much of the wagered money played that will go back to the player, in theory. For example, let us say, that you place $1 a hundred times on Mega Joker that has a whopping 99% RTP, you might expect, in theory, to get back £99. However, anything can happen in the short term and don’t forget that RTP is calculated over a long period of time. Also, know as Expected Win Rate (EWR)
S
- Shoe: It’s a gaming device that land-based casinos use to hold multiple decks of cards.
- Shuffle: When you mix the cards so the order is unknown.
- Sign-Up Bonus: Type of bonus that online casinos offer new customers when they sign up. Also known as a welcome bonus.
- Stake: The amount that is wagered on a casino game or in sports betting.
U
- Up Card: A card on the table that is exposed, in other words, with the face-up.
V
- VIP Player: A highly valued player at a casino because of their activity or high stakes.
W
- Wager: See Bet
- Wagering Requirement: Wagering requirement is also known as a turnover requirement, it refers to the number of times you need to turnover before you can withdraw the winnings. The wagering requirement can often vary from 0 to x30.
- Welcome Bonus: A welcome bonus is a bonus that some online casino offers new players.
- Whale: A player that plays with high stakes.
- Withdrawal: When you withdraw money from your online casino account.