All > Recreation > Games > Blackjack
To surrender or give up after a player receives their first two cards but before the dealer checks for a blackjack. Player loses half of their bet.
Surrender allowed before the dealer checks for blackjack.
Giving up on the first two cards before the dealer checks his hole card for an ace. The player only loses 50% of his wager in this situation.
- Browse Related Terms: Banker, Dealing seconds, Early surrender, Eye in the Sky, False shuffle, Late surrender, Past post, Pit Boss, Shill, shiner, Spooking, Toke
All > Recreation > Games > Blackjack
Expresses the percentage advantage the player or casino has in a given situation.
- Browse Related Terms: Advantage, Advantage player, Black chip, Cage, Camouflage, Drop, Edge, House Edge, Junket, Money Plays, Rat holing
All > Recreation > Games > Roulette
Having the advantage in a game.
Having the advantage in a game.
- Browse Related Terms: Crew, Dealer, Edge, House Edge, On the Square, Pit, Squares
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All > Recreation > Games > Roulette
All > Recreation > Games > Roulette
French term for the favorable option offered at some single-zero roulette tables. The player doesn't lose his even-money bets if the zero shows. Instead the bet is locked up (imprisoned) for another spin. If the bet wins, it is returned fully. If the bet loses, the house collects it.
French phrase. A rule applied to even money bets only. When the outcome is zero, some casinos will allow the player to either take back half his bet or leave the bet (in prison) for another spin. In the second case, if the following spin the outcome is again zero, then the whole bet is lost.
- Browse Related Terms: Cold Table, Dumping, En prison, En prison rule, House Person, La partage, La partage rule, Money management, Ruin, Ruin or Element of Ruin, Scared Money, Surrender, Surrender rule, Sweat, Tapped Out
All > Recreation > Games > Roulette
This is also known as the surrender rule. Mostly applicable in European roulette; in an en prison rule, when the player makes an outside bet (even money, or red/black), and then the ball drops on 0, the player has the option to lose half the bet or retain the money at stake en prison, meaning leaving it on the table for the next spin. When a player opts to leave it, the chance or the edge of the house is considerably lowered in the next spin.
- Browse Related Terms: Cold Table, Dumping, En prison, En prison rule, House Person, La partage, La partage rule, Money management, Ruin, Ruin or Element of Ruin, Scared Money, Surrender, Surrender rule, Sweat, Tapped Out
All > Recreation > Games > Poker
Your "rightful" share of a pot. If the pot contains $80, and you have a 50% chance of winning it, you have $40 equity in the pot. This term is somewhat fanciful since you will either win $80 or $0, but it gives you an idea of how much you can "expect" to win.
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All > Recreation > Games > Roulette
This style consist of a roulette wheel which has 37 compartments and numbers from 1 to 36 with the addition of a 0. European roulette provides a lower house edge, compared to the American roulette, so the odds of winning are greater.
- Browse Related Terms: A bet on the layout, American roulette, American Wheel, Double, Double zero or 00, European roulette, European wheel, Five, Five number bet, Hoca, Inside bet, Queen Theatre, Roulette wheel, Wheel Head
All > Recreation > Games > Roulette
Roulette wheel that has only a single zero (0) and a number sequence of (clockwise starting with 0): 0, 32, 15, 19, 4, 21, 2, 25, 17, 34, 6, 27, 13, 36, 11, 30, 8, 23, 10, 5, 24, 16, 33, 1, 20, 14, 31, 9, 22, 18, 29, 7, 28, 12, 35, 3, 26. Originally, the single-zero wheel started in America and the double-zero wheel started in Europe. But, Europeans liked the single-zero wheel better, and Americans liked the double-zero wheel better so they switched. Today, the European wheel and single-zero wheel are synonymous. It is also known as the French Wheel.
Roulette wheel that has only a single zero, also known as the French Wheel.
A roulette wheel with 37 slots numbered 1 to 36 plus one zero, 0.
- Browse Related Terms: A bet on the layout, American roulette, American Wheel, Double, Double zero or 00, European roulette, European wheel, Five, Five number bet, Hoca, Inside bet, Queen Theatre, Roulette wheel, Wheel Head
All > Recreation > Games > Roulette
A wager that one of the even numbers will win the next spin.
A wager that one of the even numbers will win the next spin.
- Browse Related Terms: Black Bet, Even Bet, High Bet, Line Bet, Low Bet, No Action, Odd Bet, Parlay, Quarter Bet, Red Bet, Split Bet, Street Bet, Take Down, Visual Wheel Tracking, Wheel Clocking
All > Recreation > Games > Blackjack
Cashing in your bet immediately at a 1:1 payout ratio when you are dealt a natural blackjack and the dealer's showing card is an Ace.
A bet that pays off at the same amount it would lose. e.g., betting $5 to potentially win $5 is an even money bet.
to get paid the same as you wagered plus your original wager when the player has a blackjack and the dealer has an ace showing.
- Browse Related Terms: 21+3, Action, Bet spread, Betting Limits, Even Money, Flat betting, High roller, Kelly betting, Money management, Steaming, Stop loss limit, Surrender, unit
All > Recreation > Games > Roulette
A bet that pays off at one to one. In roulette Red, Black, Odd, Even, Low, and High bets all pay even money.
A bet that pays off at one to one. In roulette Red, Black, Odd, Even, Low, and High bets all pay even money.
- Browse Related Terms: Even Money, Long End of the Bet, Payout or Pay Out, Short End, Straight bet
All > Recreation > Games > Roulette
A bet that has no mathematical edge for either side. In roulette, this can only come from wheel biases and croupier biases, as all layout bets have an unyielding house advantage.
A bet that has no mathematical edge for either side. In roulette, this can only come from wheel biases and croupier biases, as all layout bets have an unyielding house advantage.
- Browse Related Terms: Backtrack, Ball, Bottom Track, Boule (La Boule), Casino Advantage, Chameleon Strategy, Dolly, Even Up, Fair Game, Layout Strategies, P.C., Racetrack bets, Section Shooting, Wheel, Wheel Strategies
All > Recreation > Games > Blackjack
Usually expressed as a percentage, refers to the amount a player can expect to win or lose, statistically.
- Browse Related Terms: Expectation, Expected Win Rate, Fluctuation, Risk of ruin, Session, Standard deviation, variance, Win rate
All > Recreation > Games > Poker
(1) The amount you expect to gain on average if you make a certain play. For instance, suppose you put $10 into a $50 pot to draw at a hand that you will make 25% of the time, and it will win every time you make it. Three out of four times, you do not make your draw, and lose $10 each time for a total of $30. The fourth time, you will make your draw, winning $50. Your total gain over those four average hands is $50-$30 = $20, an average of $5 per hand. Thus calling the $10 has a positive expectation of $5. (2) The amount you expect to make at the poker table in a specific time period. Suppose in 100 hours of play, you win $527. Then your expectation is $5.27/hr. Of course, you won't make that exact amount each hour (and some hours you will lose), but it's one measure of your anticipated earnings.
- Browse Related Terms: Come Hand, Draw, Draw Dead, equity, Expectation, FAST, Favorite, Fold, Free Card, Implied Odds, Pot Odds, Price, Rock, Tilt, Value, variance
All > Recreation > Games > Blackjack
The percentage of the total amount wagered that the player can be expected to win or lose over time.
- Browse Related Terms: Expectation, Expected Win Rate, Fluctuation, Risk of ruin, Session, Standard deviation, variance, Win rate
All > Recreation > Games > Poker
A blind put in by a player just entering the game, returning to the game, or otherwise changing his position at the table. See also "blind" and "post."
- Browse Related Terms: Ante, Big Blind, Blind, Buy, Cap, Check, Cold Call, Dealer, Extra Blind, Live Blind, Post, Protect, Showdown, Small Blind, Straddle, String Bet, Under the Gun
All > Recreation > Games > Blackjack
The video camera above the casino floor which is used to watch the dealers and players to catch cheating.
- Browse Related Terms: Banker, Dealing seconds, Early surrender, Eye in the Sky, False shuffle, Late surrender, Past post, Pit Boss, Shill, shiner, Spooking, Toke
All > Recreation > Games > Roulette
The cameras in the casino that videotape the action.
The cameras, usually in bubbles, located throughout the casino that videotape the action.
- Browse Related Terms: Crossroader, Dead Table, Eye in the Sky, Floorman, Heat, Hustler, mark, Mucker, Rating