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Casino
Terms |
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Marker |
A
check/cheque that
can be written at
the gaming tables
by a player who has
established credit
with the casino. An
IOU. |
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| Martingale |
Betting
system based on doubling-up
after each loss. |
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| Match
Play |
The
competition system
used in tournaments
(usually card games)
in which two participants
play a series of games
which ends when one
player accumulates
a required number
of points. Each game
could be worth one,
two, or more points.
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Mechanic |
Slang
meaning a dealer who
cheats. |
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| Mini-Baccarat |
The
scaled-down version
of baccarat, played
with fewer players,
dealers, and formality
but following the
same rules as baccarat.
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| Money
Put In Action |
This
is not the actual
dollar amount of money
you bring to the table
to play with. Suppose
that you sat down
at a roulette table
with a $100 and proceeded
to play 90 spins over,
say, three hours,
betting $10 on each
spin of the wheel.
If you multiply 90
spins by $10 totals
$900. This would be
the amount of 'money
you put into action'
even though your actual
bankroll was only
$100. This is one
of the criteria some
casinos use to assess
your rating and eligibility
for comps. |
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Casino
Terms |
| 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.
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Negative Expectation |
The
long-run disadvantage
or loss of a given
situation without
reference to any particular
outcome; that is,
what you figure to
lose on average after
a considerable time
of play, or after
a large number of
repetitions of the
same situation. |
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| Net
Winnings |
Total
payout less your stake.
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| Non-value
Chip |
A
gaming chip which
the dollar value is
determined by the
amount of the buy-in
and the amount of
chips taken (example:
in roulette). Thus,
a buy-in of $300.00
for 60 chips equals
a value of $5.00 per
chip. In roulette,
this is uaually established
by the "Table
Minimum Bet"
amount displayed on
the table. |
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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. |
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| Nut |
Either
the overhead costs
of running a casino,
or the fixed amount
that a gambler decides
to win in a day. |
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