Despite the actuality that online gambling is now a many billion dollar industry, and boundless thousands of additional players around the world log on daily to bet at internet gambling halls, there are still millions of new players to the world of internet wagering who don’t as yet have a good comprehension of much of the terminology employed in online wagering, and betting on sports in general. However, knowledge of these ideas is necessary to understanding the games and rules of wagering:

ACTION: Any style of wager.

ALL-IN: In poker, all-in alludes to a player has put all of his bankroll into the pot. A side pot is created for the wagerers with additional money.

ALL-UP: To wager on several horses in the same contest.

ANTE: A poker term for allocating a necessary amount of chips into the pot prior to the start of each hand.

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

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

BUY-IN: The minimum sum of cash required to appear in a match or event.

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

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

CLOSING A BET: Like in spread betting, meaning to make a bet on par with but converse of the initial wager.

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

COME BET: In craps, close to a pass-line bet, but made after the player has achieved their point.

COME-OUT ROLL: A crapshooters initial toss to ascertain a point, or the 1st toss after a number is established.

COVERALL: A bingo term, which means to blanket all the squares on a bingo sheet.

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

DAILY DOUBLE: To pick the champions of the first 2 races of the night.

DOWN BET: To bet that the outcome of an event will be lower than the lowest end of the quote on a spread bet, also known as a "sell".

DOZEN BET: In roulette, to bet on one or more of three groups of twelve numbers, 1-12, etc.

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

EVEN MONEY BET: A wager that pays the identical sum as wagered, ( 1-1 ).

EXACTA: Betting that two horses in an event will finish in the exact same order as the wager – also referred to as a " Perfecta ".

FIVE-NUMBER LINE BET: In roulette, a wager made on a grouping of 5 numbers, such as 1-2-3-0, and 00.