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- MARKER
- A check that can be written at the gaming tables by a player who has established credit with the casino
- MINI-BACCARAT
- The scaled-down version of baccarat, played with fewer players, dealers, and formality but following the same rules as baccarat.
- MONEY
- $500.
- MONKEY
- Chinese term used in casinos for a card valued at ten.
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n
- 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.
- NICKEL
- $5 chips.
- NONNEGOTIABLE
- A promotional chip which can't be exchanged for cash.
- 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.
- 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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o
- ODDS
- The amount a bet pays out: 2-1, 7-5, 35-1.
- OFF
- Term meaning that bets are not working.
- ONE-ROLL BETS
- Wagers that will win or lose depending on the next roll of the dice.
- OPEN
- In poker, the player who bets first.
- OUTSIDE BETS
- Roulette bets located on the outside part of the layout. They involve betting 12 to 18 numbers at one time.
- OVERLAY
- A good bet where you have an edge over the casino.
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p
- PAIR
- Any two cards that have the same rank.
- PALETTE
- The flat paddle used on the baccarat tables to scoop the cards.
- PASS
- To not bet, to fold.
- PASS LINE
- The area where a Pass-Line Bet is placed.
- PASS-LINE BET
- A wager made prior to the come-out roll that a point will repeat.
- PAT
- In draw poker, a hand that does not need any more hands. In blackjack, an unbusted hand worth at least 17 points.
- PAY CYCLE
- A theoretical expression that reflects the number of plays required for the machine to cycle through all possible winning and nonwinning combinations.
- 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 eight paylines, although most have only one.
- PAYOFF
- Your payback; the return you see on a wager.
- 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.
- PAYOUT TABLE
- A posting somewhere on the front of a slot or video poker machine, that tells you what each winning hand will pay for the number of coins or credits played.
- PIT
- An area of a casino in which a group of table games are arranged, where the centre area is restricted to dealers and other casino personnel.
- PIT BOSS
- The person who supervises all the games and casino personnel associated with a pit during a particular work shift. Pit bosses are in place to watch for cheating, settle disputes, and give comps to big bettors.
- PLAYER
- A casino patron.
- POINT
- Dice term for the number rolled on the come-out roll if a 4, 5, 6, 8, 9 or 10. The point has to be repeated before a seven rolls for the Pass Line bets to win.
- 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.
- PRESS
- Increasing a bet by double.
- PRESSING
- A player is pressing the bet when they let winnings ride by wagering them along with the original bet.
- PROBABILITY
- A branch of mathematics that measures 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.
- 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.
- PROPOSITION BET
- Dice bets on number combinations.
- PUNTER
- A casino player.
- PUSH
- When the dealer and the player have hands with the same total. No one wins or loses.
- PUSH
- A tie hand between a dealer and a player; no money changes hands. A push at blackjack occurs when both the player and the dealer have a unbusted hands with the same total points.
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q
- QUADS
- Four of a kind.
- QUALIFIER
- In poker, the minimum standard a hand must meet in order for it to be eligible for part of the pot.
- QUARTER
- $25 chips.
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