Despite the fact that internet gambling is now a multi-billion dollar industry, and countless thousands of new bettors world-wide sign on daily to play at online casinos, there are still millions of newcomers to the world of online gambling who do not as yet have a clear understanding of much of the terminology used in online gambling, and betting on sports in general. However, knowledge of these terms is essential to understanding the games and rules of play:
ACTION: Any type of wager.
ALL-IN: In poker, all-in means a player has put all of his chips into the pot, but cannot be forced out of the game by other bettors. A side pot is set up for the bettors with remaining chips, who, if winning can take the pot, and the side pot. If the all-in bettor should win, he can take only the pot, and not the side pot.
ALL-UP: To bet on several horses in the same race.
ANTE: A poker term for placing a required amount of chips into the pot before each hand begins.
BRING-IN: A mandatory bet in seven-card stud made by the player showing the lowest value card.
BUST: You lose; As in blackjack, when a players cards total over twenty-one.
BUY-IN:...