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Casino
Terms |
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Odds |
Ratio
of probabilities.
The casino's view
of the chance of a
player winning. The
figure or fraction
by which the casino
offers to multiply
a bettor's stake,
which the bettor is
entitled to receive
(plus his or her own
stake) if they win. |
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| On
Tilt |
Going
'on tilt' is a bad
reaction to an unlucky
hand resulting in
uncontrolled wild
play.
Open - In poker, the
player who bets first.
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| Open |
In
poker, the player
who bets first. |
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Outside Bets |
Roulette
bets located on the
outside part of the
layout. They involve
betting 12 or 18 numbers
with one chip. |
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| Overlay |
A
good bet where the
player has an edge
over the casino. |
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Casino
Terms |
| Paint |
A
Jack, Queen or King.
Picture card. Face
card. |
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Palette |
The tool (usually
a long flat wooden
baton) used in the
Baccarat game to move
cards on the table.
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| Pass |
In
card games, to not
bet, to fold. |
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Pat |
In
draw poker, a hand
that does not need
any more hands. In
blackjack, an unbusted
hand worth at least
17 points. |
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| 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 20
paylines, although
most have only one.
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| Payoff |
The
return or payback
the player receives
for his or her wager.
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Payoff Odds |
The
form of odds that
are conventionally
posted in the casinos.
Payoff odds specify
how much a winning
wager will be paid
for each wager or
chip that was bet.
The casinos post the
'payoff odds' in terms
of the number of chips
won relative to the
number of chips bet.
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| 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. |
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| Payout
Table |
A
posting somewhere
on the front of a
slot or videopoker
machine that tells
you what each winning
hand will pay for
the number of coins
or credits played.
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Pigeon |
An
uneducated, naive,
or unsophisticated
gambler. |
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| 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.
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| Pit
Manager |
A
pit manager is in
charge of all the
table games, enforcing
casino policy. He
deals with any problems
that may arise during
the shift where a
crucial decision must
be made that may lead
to a customer being
dissatisfied or angry.
Also, he handles Comps
and dodges undeserving
customers who are
trying to get free
Room, Food, Beverage
(free RFB). |
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Playing the Rush |
A
poker term referring
to a player who has
just enjoyed a short-run
of good luck marked
by winning a very
large pot of money
in one hand or winning
several hands in close
succession. If the
player subsequently
begins to play more
loosely or more aggressively
they are said to be
'playing the rush'.
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| Plug |
A
shuffling technique
that is sometimes
employed in card games
like blackjack where
the game is often
dealt from a multi-deck
shoe. When freshly
shuffled cards are
brought back into
action a substantial
portion of the cards
are kept out of play
by the insertion of
a cut-card at the
back of the deck or
shoe. The placement
of the cut card marks
the place where play
will be stopped and
the cards are again
shuffled. During the
play, used cards are
stacked in a discard
tray. When the cut-card
is reached, the game
is stopped, and the
remaining un-dealt
cards are inserted
somewhere into the
middle of the cards
that have already
been stacked up in
the discard tray.
The cards so inserted
are referred to as
a 'plug'. Such action
is called 'plugging'
the deck. |
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| Pocket
Cards |
In
poker where some of
the player's cards
are dealt to them
face down. These cards
are called pocket
cards. |
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Point (the Point) |
The
number that is established
on the come-out roll.
Only place numbers
(4,5,6,8,9,10) can
become the point.
The shooter will attempt
to repeat throwing
the point before throwing
a 7 in order to win
that round of betting.
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| Poker |
Basically
a card game. But poker
isn't just a card
game - it is many
card games. The majority
of poker games do
share some common
features, especially
betting in rounds
and the ranking of
hands. Poker is commonly
played in cardrooms
(often within casinos)
and in private home
games. The games played
in cardrooms seem
to divide into stud
games, draw games,
and flop games. In
home games, however,
anything goes, including
games that seem to
have no reason to
be called poker. The
varieties played in
home games probably
number in the hundreds.
Some common cardroom
games include Texas
Hold'em, Seven Card
Stud, Omaha, Razz,
Lowball, and Pineapple.
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| 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.
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Press a Bet |
Adding
the winnings over
the current bet, to
'let it ride'. |
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| Pressing |
A
player is pressing
the bet when they
let winnings ride
by wagering them along
with the original
bet. |
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Probability |
A
mathematical calculation
that establishes 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. |
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| Progression
Betting |
A
system of betting
applied to many games
where bet-size is
systematically changed,
up or down, across
as series of rounds
of play according
to some predetermined
formula. |
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| 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.
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Pull Tab, Pulltab |
A
game similar to the
lottery game. Tickets
sell for 25 cents
or 50 cents or even
more and typically
offer prizes ranging
from free tickets
to $500. Each ticket
has perforated windows
which open revealing
symbols similar to
those found on slot
machines or some lottery
games. |
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Punch Board |
Another
lottery-type game.
The player punches
out a slot on a board
for a chance to win
a merchandise prize.
Punch boards offering
cash prizes are also
common. |
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Punto Banco |
European
name for Baccarat;
Punto is for Player
and Banco is for Bank
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Push |
A
tie hand between a
dealer and a player.
A round of play where
neither the player
nor the casino wins.
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