The Complete Glossary for Real Money Gambling

Updated Updated: January 26, 2023
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Top online casinos for real money can be found in many places. But what matters more is understanding the gameplay and the exact meaning of the casino terms or jargon. You would be surprised about the number of things that could go wrong from not learning some of these terms. The aim of this glossary is to provide both newbies and veteran players with the relevant real money gambling terminology for their growth and success on online casinos.

Common Gambling Terms You Need to Know

Casino players gunning for real money can play Blackjack, Roulette, Slots, and Baccarat like never before. The general casino terms include:

  • Action: This simply means “play” and it is used for table games and slots. 
  • Aggregate Winnings: This term refers to your total winnings.
  • Bankroll: The total money available to support betting is the bankroll.
  • Bet: A wager on any casino game is a bet.
  • Betting Limits: Players cannot go above or below certain amounts of money when betting and this is known as the betting limit.
  • Buck: This lingo stands for a $100 bet.
  • Buy-in: Any money converted to casino chips before playing casino games.
  • Cage: Casino cashiers have a location, which is referred to as cage.
  • Card Sharp: An expert card player. This is seen in real money games like poker, baccarat, and blackjack.
  • Case Bet: Bets that include the remaining chips on the table or all in.
  • Chase: Extra bets made by casino players in an attempt to recover their lost money.
  • Coattail: Employing the same betting strategy made by a winning player in the hope of winning.
  • Cracking the Nut: The net profit realized from gambling after all expenses have been calculated. 
  • Croupier: The dealer at the gaming table.
  • Dime: Casino lingo for betting $1,000.
  • Double or Nothing: Wagers that pay out the original bet or even-money.
  • Down to the Felt: Casino term for being broke.
  • Edge or House edge: This is the advantage the casino has over the player. It is usually calculated in percentage.
  • Face Cards: casino jargon for kings, queens or jacks.
  • Fish: A losing player.
  • High Roller: A player that places big bets.
  • Honeymoon Period: A beginner’s winning streak or luck.
  • House: The casino owner or operator
  • Jackpot: A big win, often at progressive slot machines.
  • Junket: Casino trips such as air, hotel, etc. generally for VIP players and cardholders. 
  • Load up: Playing max coins/spin at slots or video poker.
  • Marker: Player IOU approved by the casino for wagering at the money games.
  • Martingale: A wagering system where the player doubles up after every loss.
  • Mechanic: The term used for dishonest players using sleight of hand at a dice/card play.
  • Nickel: Casino term for betting $500.
  • Natural: In Blackjack, a two-card hand worth 21 points.
  • Overlay: Casino lingo for a player advantage bet
  • Progressive Jackpot: A jackpot that increases in size as people play the game.
  • Snake Eyes: Slang for a roll of 2 in craps.
  • Straight Flush: A Straight made up of suited cards.
  • Surrender: To give up your hand, losing only half your bet.
  • Tight: Playing fewer hands than average. The term is often used in Poker.