Some Gambling Slang and Terms that Beginners Should be Aware of

[alastantiger]

I've been playing the lottery for a while now. I could recall how challenging it was to learn some slang terms and meanings used in betting and gambling. I eventually learned the slangs and now regularly use them without having to look them up on Google anytime I hear one. Here are a few gambling slang terms that beginners should be aware of. It's not a complete list, but it could serve as a place to start for you.

You can share some of your favorite slang terms and expressions for gambling.

Gambling Slangs/Terms	|	Meaning	|
_________________	|	_________________	|
Wager	|	Another name for a bet.	|
_________________	|	_______________________________________________________________________________ ______________	|
Bad Beat	|	A bad beat occurs when a wager is lost despite the bet having a good chance of winning due to an unforeseen event.	|
_________________	|	_______________________________________________________________________________ __________________	|
Edge	|	An advantage that a bettor or sportsbook has on a certain wager is known as the edge, and it can be genuine or perceived.	|
_________________	|	_______________________________________________________________________________ ___________________	|
Bookie	|	Also known as "bookmaker" refers to a person or business that is authorized to provide odds and receive wagers from bettors.	|
_________________	|	________________________________________________________	|
Punter	|	A client  or bettor. Somebody who places a bet with a bookmaker.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Tips	|	Also referred to as picks, these are predictions shared with the public, or indeed paying punters in some instances, by betting experts. These experts are also called tipsters.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Stake	|	The amount that the bettor is placing on the bet.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Winnings	|	The amount, in addition to the deposit that was refunded, that was won on a successful bet (profit).	|
_________________	|	_______________________________________________________________________________ ____________________	|
Bankroll	|	Money put aside or deposited into accounts specifically for gambling.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Beard	|	A person who places bets on behalf of professional gamblers so they can remain anonymous to bookies.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Commission	|	The cut a betting exchange makes from winnings.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Chalk	|	An alternative word for favorite.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Exposure	|	The amount of money a gambler or bookmaker stands to lose on a particular wager.	|
_________________	|	_______________________________________________________________________________ ____________________	|
First half bet	|	In sports like football, basketball, and soccer, a wager that is focused on the outcome of the first half.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Half time bet	|	Bets made only on the results of a competition's second half.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Hedge	|	Hedging a bet consists of betting on the opposite side of an original wager to set up a guaranteed return. A hedge bet may also be placed to reduce the initial risk on a potential losing wager.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Line	|	Betting odds that a bookmaker has posted.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Odds	|	Betting lines established by a bookmaker on various events.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Payout	|	The money a winner of a wager receives. The potential payoff listed on a betting receipt at the time of a wager often includes the initial bet.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Sharp	|	A seasoned sports bettor who makes wagers after researching extensively.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Betting Exchange	|	A platform or market where bettors place wagers against one another as opposed to the bookmaker.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Martingale	|	A betting strategy in which a bettor doubles their wager to make up for losses after each defeat.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Money Back Bets	|	Bookmakers frequently run promotions where they'll reimburse players' stakes if their wager loses.	|

Sources:
https://oddspedia.com/betting/glossary
https://www.si.com/betting/2020/05/13/sports-betting-terms-definitions-gambling
https://www.wsn.com/betting-guide/terminology/
https://edge.twinspires.com/the-20-most-commonly-used-sports-betting-slang-terms/
https://www.timeform.com/betting/basics/terminology-explained

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[swogerino]

Nice list,I knew all the terms except beard as I am a really old gambler having gambled since 2003 or 2004 for the first time I don't remember that well and at that time casinos were not as well known as they are now and it was difficult to have an online account there at that time,that soon changed with the coming of Pinnacle and Bet365 but that is another story.

I never knew that a person placing bets for other people was called beard.I have witnessed back in 2004 when the driver of a deputy used to place bets for him,we all knew he was not placing those big amounts for himself but we did not know how to name that guy,we used to call it the driver as that was his job.

[un_rank]

Winnings

|

The amount, in addition to the deposit that was refunded, that was won on a successful bet (profit).

|

This definition is dependent on how the specific bookie presents their odds and some readers could be confused when reading it.

If the bookie presents the odds as a multiplier, Arsenal 2.25   Manchester City 2.91
A user who stakes $50 on Arsenal to win would only be getting their wager multiplied by the odds, i.e $112.5, with no refund of the stake.

If the odds are displayed as additions or subtractions, Arsenal -340 Manchester City -300
Here users are rewarded with their winnings and a refund of their stake. N.B, if the odd is negative the initial winning (without the stake) would be lower than the stake, but if positive, it would be higher.

Some odds are even displayed as fractions.

- Jay -

[piebeyb]

although I know a little bit about some of the ones listed in this thread, I think it's necessary for beginners to know more slang and terms in gambling, I think you need to update and add more information in this thread so that it can be understood by the readers. another beginner 

[Mr. Magkaisa]

    -  I honestly just found out that there is still this slang term used in gambling. What you did OP is great and at least it will help those who don't know about it yet.

Looks like I have some new gambling terms and slang to learn now hehe, anyway thanks Op for this matter.

[klidex]

I've been playing the lottery for a while now. I could recall how challenging it was to learn some slang terms and meanings used in betting and gambling. I eventually learned the slangs and now regularly use them without having to look them up on Google anytime I hear one. Here are a few gambling slang terms that beginners should be aware of. It's not a complete list, but it could serve as a place to start for you.

You can share some of your favorite slang terms and expressions for gambling.

Gambling Slangs/Terms	|	Meaning	|
_________________	|	_________________	|
Wager	|	Another name for a bet.	|
_________________	|	_______________________________________________________________________________ ______________	|
Bad Beat	|	A bad beat occurs when a wager is lost despite the bet having a good chance of winning due to an unforeseen event.	|
_________________	|	_______________________________________________________________________________ __________________	|
Edge	|	An advantage that a bettor or sportsbook has on a certain wager is known as the edge, and it can be genuine or perceived.	|
_________________	|	_______________________________________________________________________________ ___________________	|
Bookie	|	Also known as "bookmaker" refers to a person or business that is authorized to provide odds and receive wagers from bettors.	|
_________________	|	________________________________________________________	|
Punter	|	A client  or bettor. Somebody who places a bet with a bookmaker.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Tips	|	Also referred to as picks, these are predictions shared with the public, or indeed paying punters in some instances, by betting experts. These experts are also called tipsters.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Stake	|	The amount that the bettor is placing on the bet.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Winnings	|	The amount, in addition to the deposit that was refunded, that was won on a successful bet (profit).	|
_________________	|	_______________________________________________________________________________ ____________________	|
Bankroll	|	Money put aside or deposited into accounts specifically for gambling.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Beard	|	A person who places bets on behalf of professional gamblers so they can remain anonymous to bookies.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Commission	|	The cut a betting exchange makes from winnings.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Chalk	|	An alternative word for favorite.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Exposure	|	The amount of money a gambler or bookmaker stands to lose on a particular wager.	|
_________________	|	_______________________________________________________________________________ ____________________	|
First half bet	|	In sports like football, basketball, and soccer, a wager that is focused on the outcome of the first half.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Half time bet	|	Bets made only on the results of a competition's second half.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Hedge	|	Hedging a bet consists of betting on the opposite side of an original wager to set up a guaranteed return. A hedge bet may also be placed to reduce the initial risk on a potential losing wager.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Line	|	Betting odds that a bookmaker has posted.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Odds	|	Betting lines established by a bookmaker on various events.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Payout	|	The money a winner of a wager receives. The potential payoff listed on a betting receipt at the time of a wager often includes the initial bet.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Sharp	|	A seasoned sports bettor who makes wagers after researching extensively.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Betting Exchange	|	A platform or market where bettors place wagers against one another as opposed to the bookmaker.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Martingale	|	A betting strategy in which a bettor doubles their wager to make up for losses after each defeat.	|
_________________	|	_______________________________________________________________________________ ____________________	|
Money Back Bets	|	Bookmakers frequently run promotions where they'll reimburse players' stakes if their wager loses.	|

Sources:
https://oddspedia.com/betting/glossary
https://www.si.com/betting/2020/05/13/sports-betting-terms-definitions-gambling
https://www.wsn.com/betting-guide/terminology/
https://edge.twinspires.com/the-20-most-commonly-used-sports-betting-slang-terms/
https://www.timeform.com/betting/basics/terminology-explained

The list of terms in gambling that you made is quite clear and complete.
But I still can't stop thinking about whether you memorize and find out information like that because it's just a waste of time. It would be more useful if you were looking for information and knowledge about correct analysis and calculations when playing or betting on gambling.
Without realizing it, we have often heard and said about this term in gambling, it's just that we don't really understand it.

[Wexnident]

Kind of funny how Martingale is on the list even though it's an incredibly bad strategy to use (imo). It's also my first time hearing some of the terms in the list such as Beard, Chalk, and Sharp. Rather odd or curious how some of these terms came into existence even. I'd probably never use them (or will probably see them being used), maybe once or twice a year, but glad to see a list.

I never knew that a person placing bets for other people was called beard.I have witnessed back in 2004 when the driver of a deputy used to place bets for him,we all knew he was not placing those big amounts for himself but we did not know how to name that guy,we used to call it the driver as that was his job.

I reckon it's a term used in a specific country then I guess? Seeing as you're a pretty old gambler yourself and didn't know about it.

[Yatsan]

Quite handy indeed for the new ones. Slangs I think, are more useful for beginners than to use actual technical terminologies which they won't understand in an instant; somehow it has something to do with mnemonics. On my end I've learned (not sure if these are slang terms) words such as 'multibets', AG Odds (against odds) and such which my friends and I often use so I am not quite sure if these words are being used by others as well. It just somehow adds enjoyment with my gambling experience.

Kind of funny how Martingale is on the list even though it's an incredibly bad strategy to use (imo). It's also my first time hearing some of the terms in the list such as Beard, Chalk, and Sharp. Rather odd or curious how some of these terms came into existence even. I'd probably never use them (or will probably see them being used), maybe once or twice a year, but glad to see a list.

Well it is more of a technical terminology on my end because it is also being used with other things regarding probability.But if it really is, I have no problem with that. Slangs on the other hand are just ways of players to communicate more efficiently with other players and also to promote convenience than to use the actual word.

[cabron]

The banters on the side tables often use these terms but I am easily lost in the labyrinth if they use these terms in front of me.
I've heard most of them when I blend into those guys betting in front of the screen for the sports game but never really sank deeply. The ones who use the terms must be those who eat, sleep and breathe gamblers' air.

I think I'm a punter then but not sharp. I wonder how the terms started.

[Johnyz]

This is very informative and honestly, I’m not even familiar with some of the slang terms in gambling even if I’m not beginners anymore, I guess its because I’m to focus to play and have fun, I didn’t know I missed a lot of things. This can be a big help to those who are still learning things about gambling, familiarizing yourself with this can help you more on your gambling journey, nice thread OP.

[Frankolala]

Thanks OP,you did a good job to bring up this thread for beginners, I am use to some of these terms but not all. it is a good thing to learn more of these gambling slangs.

I have a friend that we do gamble together, he love using these terms and each time I ask him the meaning of what he said,he do explain to me,this was how I gat to know those ones I knew. I have learnt something new today on gambling which makes me feel good.
 

[Casdinyard]

A definitive list if I do say so myself. The terminologies here we oftentimes use are duly explained without any other compromise. Even I who have been gambling for a while now is surprised to see Beard, coz I don't really know about it until now. If I may add one thing however, I think it should be Revenge Gambling. Which is a manner of betting done belligerently or without proper thinking over because of frustration and burnout after a huge or detrimental loss. I've seen people nowadays succumb to this gambling pattern but it didn't have a name until now.

[virasisog]

I'm already familiar with most of the given slang words not because I'm really into gambling. I've just heard and leanred about those words many times on this forum. I wasn't aware that I have already adopted many gambling terminologies by interacting with other gamblers here which is a helpful thing. Truely, we could learn and adopt many knowledgeable things through reading and interacting with helpful topics here.

[Oceat]

Quite nice list of slang/terms there although I've seen/heard some of it but there are words that are new to me. Perhaps, you can't just meet those words if you aren't a hard-time gambler that plays a lot of different games when gambling. If you guys have something to add you can add it here though Google was around the corner but it would be quite easy to familiarize those words if you've seen them and their meaning.

[ethereumhunter]

I knew a little of the slang and wasn't too curious about it. If someone asks what that slang means or they want to know what the slang for a word in gambling is, I'll ask them to look it up in a search engine

Thanks, @OP, for providing the list of words. I guess there are more that haven't been included but unfortunately, I don't really know.

[Fivestar4everMVP]

This is a very interesting list and an interesting read too, having been been in the business of gambling for some time now, I unashamedly admit that there are still some of this slangs I didn't even know existed not to talk of their meanings, I found some slangs that are new to me on OP's list and also learnt their meanings, though some still a bit confusing to understand.
But over all, this is a very educative post for the gambling community, thank you op for sharing this.

[DaNNy001]

This is great work and research bro. Nice one, i won't say am familiar with all the slangs there but i think its just few am not use to since am a damn addict of a gambler    . But this particular slang beard really got my interest because i have not come across or heard it before. So with this thread today,  i have learnt that such slang exist in the gambling world.

I Dont know but i think some few slangs are not listed there and anyone who knows one or two should feel free to drop so the lecture and discussion will keep getting interesting. I think this one should be added.
~cash out :: an opportunity given to bettor to collect a small portion of the actual winning amount in the wedger.

[Issa56]

Am suprise seeing some of this slang, I do gamble but I don't really gamble frequently, but to be honest I haven't heard some of those slangs before or maybe they don't use them frequently in my country, atleast I have learnt new gambling slangs today, maybe I will start using some.

@OP just like the rest been saying  that you've provided out some good list
and it would be more better if the community or people on here would really be tending to add up with those slang and terms so that for those newbie or even those old ones would
be able to check it out on what it do means but this one really suits out into those gambling enthusiast on which it would be somewhat a helpful thing for them to know on.

I don't think the OP will stop anyone from adding additional slangs which he didn't mention, if you know some slangs, then you can add it here, we are here to learn new things. You can just quote the OP and add your own slangs under.

[acroman08]

instead of "some gambling slang" you should put "some sports betting slang" as the majority of the slang mentioned is used in sports betting. anyway, I am not trying to undermine what OP shared but this reminded me of this thread that I saw which was posted years ago. you'll see more different gambling slangs which are specifically used for certain gambling games(including sports betting).

[Viscore]

although I know a little bit about some of the ones listed in this thread, I think it's necessary for beginners to know more slang and terms in gambling, I think you need to update and add more information in this thread so that it can be understood by the readers. another beginner  

This can be learned eventually when you chose to be a gambler for quite long years. But I also think it’s necessary that these terms should be learn by beginner gamblers at its early days so that they will understand more and be more associated with gambling. The terms you have posted OP may only be few but definitely they are helping, so hopefully you can add more to these.

[Distinctin]

I'm already familiar with most of the given slang words not because I'm really into gambling. I've just heard and leanred about those words many times on this forum. I wasn't aware that I have already adopted many gambling terminologies by interacting with other gamblers here which is a helpful thing. Truely, we could learn and adopt many knowledgeable things through reading and interacting with helpful topics here.

I have also learned some of these already but there are still some in the list that are new to me. So I believe these are really helpful especially if we want to have a bigger scope of knowledge in gambling, and these slang terms could be perfect for beginners to learn. Anyway, thank you OP for providing us additional knowledge to gain. Hopefully this thread will be updated soon so you can still add some of those we still don’t know.

[DoublerHunter]

~snip~

You can share some of your favorite slang terms and expressions for gambling.

^Though the list is quite good but I think there are more that you need to mention, there are actually a lot of them that you must include in your list.
Just like this example, High Roller, Jackpot, and more.
However, I appreciate your list which is very common terms that we read here and hear in a gambling casino. The first term that I read in gambling term is that bankroll, wager, and odds which I don't know how to speak before, but now, it is commonly and widely used here.

[danherbias07]

Good list.
I have never heard some of the slang even if I am mostly in the gambling section here. Maybe some of them could just be heard in deep gambling dens and physical bookies before the pandemic. That I haven't tried yet.
It's just sad though that we might never hear some of those terms ever again as online bookies are the new way of betting in this era.

Just to add some explanation about the term "chalk" or "betting the chalk".

The “chalk” is the betting favorite in any matchup. However, people usually use this phrase when there is a team that is favored significantly over their opponent.

How did it get the name “chalk”?
This comes from a time long before the advanced betting technology that we have when oddsmakers would present the games and the corresponding lines on a chalkboard. The line that would be written in on the chalkboard would only be that of the favorite. In point spread betting, it was known that the underdog was getting that same number of points, even though they didn’t write the number. This phrase started in horse racing, as did most things sports, and by the time the race came around, the favorite’s name would be covered in chalk dust from repeated action as the majority of bets came on the favorite back then.

https://www.bettingpros.com/articles/what-is-chalk-in-sports-betting/

[goaldigger]

although I know a little bit about some of the ones listed in this thread, I think it's necessary for beginners to know more slang and terms in gambling, I think you need to update and add more information in this thread so that it can be understood by the readers. another beginner 

This can be learned eventually when you chose to be a gambler for quite long years. But I also think it’s necessary that these terms should be learn by beginner gamblers at its early days so that they will understand more and be more associated with gambling. The terms you have posted OP may only be few but definitely they are helping, so hopefully you can add more to these.

That’s true, you’ll be more familiarize on this once you get more exposure on betting because these are the usual terms and you have no choice but to understand it to avoid any confusions with your bet. This is a good list OP, beginners should look at this thread if they want to learn this instantly, there other terms that is not on the list, I hope OP will always update this from time to time especially every year, there’s a new terms.

[nakamura12]

That's a good list of slang words and terms in gambling but you didn't listed all of it. I see that you have included Martingale strategy but what about other gambling strategies that gamblers use?. As you can see, it's not just me who think that your list is not complete or there sre more you can add. I am a gambler but there are some slangs or terms that I haven't knew about it that is on your list but honestly, I know some of it which is very common on a gambling site. Good luck.

[crzy]

I’m not familiar on most of the terms but it looks interesting and if you’re into betting, this can be a good list for you. Great Job OP for making it more easy for us to understand some of the terms. Do you have list as well for the casino terms? Probably it can also be a good list that can help beginners or anyone that is not familiar yet with those words. Trying to memorize and understand the list now, its a big help.

[Slow death]

I remember until today how difficult it was in the first days when I entered this market of sports posts, when they started talking about words that I didn't understand I would go to google to find out what they were saying, for example I remember that one day someone said something like BTTS, I was wondering what the hell was btts? I went to google and saw the answer but I confess that I was not satisfied with such an answer and for that reason I continued the research, but after a long time I started to understand what they meant when someone talked about BTTS

and after that I started to pay more attention when they said something I didn't understand so I kept the word and it took a long time to understand, as this is a very tiring task I take a lot of time to do research and for this reason I don't respond immediately , most of the time I don't respond to posts that I don't understand and that I know will take a long time for me to understand what they're saying

[chaser15]

It's not that newbies should be aware of those terms but they should consider knowing that as additional knowledge once they gamble.

What I mean is, I'm sure the majority here really didn't learn those gambling terms prior to doing gambling and we just automatically understand those terms on the way while continuing and progressing with our gambling activity.

I admire the OP's effort though of compiling those terms and thanks for sharing it here.

[Baofeng]

Some of them I'm more familiar with, I mean in the beginning, gamblers doesn't want to complicate things with this terms or slang. I remember a similar thread as well, with infographics or something, but I can't find it.

And as I have said, if you are a beginner you might not consider this terms, and there is a thread about  Length of Time Before You Learn All These Gambling Terms Or Jargons.

I can't find the term parlay or multi-betting, for sure majority of us are betting in this way.

And in certain sports like basketball, you can bet for Odds/Even at the end of every quarter or the first half. And then the Over/Under score.

[boyptc]

Don't forget about the table and the house. Although those are common words that's being used in casinos but I think that they deserve a spot on that list. 

It's actually a good list that you've made OP and to those that are starting to gamble, they'll start to have an idea on what these terms are and what they're used for if ever they hear it from someone else.

[Saint-loup]

although I know a little bit about some of the ones listed in this thread, I think it's necessary for beginners to know more slang and terms in gambling, I think you need to update and add more information in this thread so that it can be understood by the readers. another beginner 

No, I don't think it can be necessary to beginners here, since the level of the average discussions is very low in this heavily spammed section. I don't often see discussions using those words and when I see one, the context of the thread usually allow to easily understand the meaning of them. People know the level is low so they explain with simple words what they mean in general.
And, to be honest, I'm afraid this glossary will be used by spammers in order to be less easily spotted by bounty mangers, moderators, and the community.

[BitDane]

instead of "some gambling slang" you should put "some sports betting slang" as the majority of the slang mentioned is used in sports betting. anyway, I am not trying to undermine what OP shared but this reminded me of this thread that I saw which was posted years ago. you'll see more different gambling slangs which are specifically used for certain gambling games(including sports betting).

Much more comprehensive lists of gambling vocabulary.

Don't forget about the table and the house. Although those are common words that's being used in casinos but I think that they deserve a spot on that list. 

It's actually a good list that you've made OP and to those that are starting to gamble, they'll start to have an idea on what these terms are and what they're used for if ever they hear it from someone else.

You can also add slot vocabulary
RTP (return to player) - Expressed as a percentage, this figure simply represents the amount of money a player can expect to win from their bets in casino slots or other games
Deadspin -  one where no payouts take place
Scatter - symbol enabling bonus in slots
Megaways -  set of reels containing a series of symbols that players attempt to match up with each spin


source:
https://www.knowyourslots.com/slot-vocabulary-dead-spin/#:~:text=When%20talking%20slots%20with%20other,where%20no%20payouts%20take%20place.
https://www.pokerstars.com/casino/news/all-you-need-to-know-about-rtp-in-slots/1400/#:~:text=RTP%20stands%20for%20%E2%80%9CReturn%20to,expect%20to%20receive%20%240.95%20back.
https://huuuge.helpshift.com/a/stars-slots-casino/?s=games-and-features&f=scatter-symbols#:~:text=Scatter%20Symbols%20are%20basically%20our,to%20open%20up%20certain%20bonuses.

[acroman08]

Some of them I'm more familiar with, I mean in the beginning, gamblers doesn't want to complicate things with this terms or slang. I remember a similar thread as well, with infographics or something, but I can't find it.

are you perhaps talking about this thread? it doesn't have infographics but it's basically the same topic but with much more gambling slang that is used in casinos and different gambling games.

I can't find the term parlay or multi-betting, for sure majority of us are betting in this way.

parlay/multi-betting is mentioned in this thread, members in that thread also added some more types of betting since the OP in that thread missed some.

it would be good if OP decided to add other gambling slangs that was mentioned.

[Scripture]

I’m having a hard time understanding this before and fortunately its easy to use google now and it helps me to understand the terms that I’m not familiar with before. This is list is a good one, many are still not familiar with this and I see some new terms on the list for me which I think I can also be user every time I placed a bet. Knowing terms in gambling might confused you as well which is very normal, you can just get over it once you continue to gambling.

[harizen]

Actually, some of the terms listed aren't really mandatory to learn. Only those words that always encounter in a newbie's everyday gambling life. Some of the terms are not even present and applicable to the same type of gambling.

As OP mentioned, eventually these terms are being learned. Just continue to gamble responsibly.

This is a good reference for newbies who are struggling and having a hard time learning these terms but as long as they progress, they will soon be aware of those terms especially if they are doing regular gambling.

[TheGreatPython]

I’m having a hard time understanding this before and fortunately its easy to use google now and it helps me to understand the terms that I’m not familiar with before. This is list is a good one, many are still not familiar with this and I see some new terms on the list for me which I think I can also be user every time I placed a bet. Knowing terms in gambling might confused you as well which is very normal, you can just get over it once you continue to gambling.

I guess it's because we have now phones which can be used to access the internet easily. Now if we have something that boggles our mind, we can just search it up easily in google using our mobiles. In my opinion, the list that the OP made is still small.

I know there are still lots of gambling terms which are not included there but it might be supplied later on by our fellow bitcointalk members. It is important to know the meaning of the gambling terms that you came across with so that you are sure that you won't miss anything. Hanging out in the gambling forums do also help to be familiarize with different gambling terms. This is where I started.

[uneng]

Most of those terms are already well known by gamblers on this forum, but the initiative was good for newbies who are still taking their first steps in gambling world. Few of those expressions looked formal to me, to say the truth. The "Money Back Bets" one, for an example, I have never seen anyone using that. Usually people just say a "safe bet", what really looks more a slang than that one mentioned before.

Others are used less frequently, but very useful for gamblers betting specifically during a certain moment of a sports' match. These are: "First half bet" and "Half time bet".

Maybe you could add the one called "Parlay", as well, as mentioned above by @Baofeng and @acroman08:

A parlay in sports betting is when a bettor makes multiple wagers (at least two) and ties them together into the same bet. If any of the bets in the parlay loses, then the entire parlay loses. However, if all wagers win, then the bettor gets a bigger payout.

[Davidvictorson]

I was smiling reading this list because 1) most of those slangs I learned them from being an active poster in the gambling discussion section of the forum. 2) for the other ones, I am just learning their actual meaning, spelling/pronunciation. Isn't it funny how I come across these words everyday at the bookies and do not that I actually used or engage in using them. You know, up until now, I never knew that someone who places a wager for someone else is called a Beard. It sounds funny because I have done this several times. This is a beautiful list that as other commenters have said should be updated.

[jrrsparkles]

The term beard catched me more than others so a big thumbs for the list. But wager is the amount involved in a bet especially the money whereas as bet can refers to other things from money that is what I want to mention here.

I think you can also add few more like fixing which is usually used to call a match or bet is already fixed.

Double bluff - Mainly used in poker to play with the emotions of others.

All in - its used in poker table when someone is ready to bet all their holdings.

[Queentoshi]

I've been playing the lottery for a while now. I could recall how challenging it was to learn some slang terms and meanings used in betting and gambling. I eventually learned the slangs and now regularly use them without having to look them up on Google anytime I hear one. Here are a few gambling slang terms that beginners should be aware of. It's not a complete list, but it could serve as a place to start for you.

I never would have known of these slangs if you had not just posted it. I am happy because the next time I find myself in the midst of men having their discussions about gambling, I will not be lost at some of the terms they use, I will be able to understand and also contribute a bit to their discussion if necessary. Thank you so much OP, you have really done me a huge Favour because it would have taken me ages to catch up to all the slangs had they not all been posted here.

[rahmad2nd]

You can share some of your favorite slang terms and expressions for gambling.

Maybe this will help some beginners related to gambling terms and you have taken the time to create a thread in your long list.  but in truth, these terms are not very important to gamblers and usually sooner or later someone will become familiar with these terms. However, I really appreciate your efforts to help our friends in the community, especially beginners who like gambling activities.

But the most important part is not the names on your long list, what needs to be interpreted is how to understand the mechanics of how to bet on the betting itself. I say again, your long list is at least very helpful. only as names related to terms, not referring to the essence of the bet itself.

[Lida93]

OP going by your list and through my many years of gambling am much familiar with some of the slangs as listed except for words like, chalk, beard which am impressed with having to know now about them, and another thing I noted is that some of these gambling slangs are all gambler register peculiar to certain country's different from others.
It's not easy getting along with all these slangs for someone that's just into gambling, but the more the years go by as you engage in gambling you just get familiar with them and more without even trying.

[Gozie51]

I have come across some of those terms but it was not really easy to understand at that time as a newbie especially the first half bet or half time bet that are from soccer. Soccer has more of these terms more as options that you can bet in which some popular ones are 0ver 0.5, 1.5, 2.5,. These is a bet to determine the numbers of goals to be scored depending on the time of the match that they were scored. X, 1, 2, 1x, 2x etc also is for the bet to determine who will win or draw. These are the few popular ones in the game of soccer but there are more of them.

[Cling18]

I have come across some of those terms but it was not really easy to understand at that time as a newbie especially the first half bet or half time bet that are from soccer. Soccer has more of these terms more as options that you can bet in which some popular ones are 0ver 0.5, 1.5, 2.5,. These is a bet to determine the numbers of goals to be scored depending on the time of the match that they were scored. X, 1, 2, 1x, 2x etc also is for the bet to determine who will win or draw. These are the few popular ones in the game of soccer but there are more of them.

When I was new to gambling as well on this forum, I was having confusion about the terminologies that they were using. I also searched for some of the words but didn't find the meaning on the internet until I encountered the words many times on topics here and learned to understand all of them little by little. Those are actually simple terms and there is still a lot that we could learn. Gambling is too broad and learning could take time.

[mvdheuvel1983]

Betting exchange caught my attention because it is my first time of seeing that betting terminology.
I am still new to betting, so I find it a little confusing because I am trying to wrap my head around how gamblers are able to bet against each other.
But all in all, this is a great list. I looked through the links provided by the OP and encountered some other betting terms such as - bet constructor, dead heat, futures bet, Handicap, longshot etc.

[Wakate]

OP going by your list and through my many years of gambling am much familiar with some of the slangs as listed except for words like, chalk, beard which am impressed with having to know now about them, and another thing I noted is that some of these gambling slangs are all gambler register peculiar to certain country's different from others.
It's not easy getting along with all these slangs for someone that's just into gambling, but the more the years go by as you engage in gambling you just get familiar with them and more without even trying.

Op had really done well to construct this kind of list including so many slang we might not be familiar with with and I am happy to get to learn new words. I think I am going to do a little bit research so that I can learn continue learning new gambling words.
I could remember when I started gambling, learning and remembering terminologies was very hard for me and sometimes I do write them on paper so that I will not forget some important key words.

[boyptc]

Don't forget about the table and the house. Although those are common words that's being used in casinos but I think that they deserve a spot on that list. 

It's actually a good list that you've made OP and to those that are starting to gamble, they'll start to have an idea on what these terms are and what they're used for if ever they hear it from someone else.

You can also add slot vocabulary
RTP (return to player) - Expressed as a percentage, this figure simply represents the amount of money a player can expect to win from their bets in casino slots or other games
Deadspin -  one where no payouts take place
Scatter - symbol enabling bonus in slots
Megaways -  set of reels containing a series of symbols that players attempt to match up with each spin

Yeah, those too.

And there are many more that haven't mentioned yet but sometimes it's not ticking on our minds and we mostly forget about it. But now, it's up to OP if he's going to add it or not.

And basically, that list is still helpful even if it lacks of some other terms that we know of.

[serjent05]

Don't forget about the table and the house. Although those are common words that's being used in casinos but I think that they deserve a spot on that list. 

It's actually a good list that you've made OP and to those that are starting to gamble, they'll start to have an idea on what these terms are and what they're used for if ever they hear it from someone else.

You can also add slot vocabulary
RTP (return to player) - Expressed as a percentage, this figure simply represents the amount of money a player can expect to win from their bets in casino slots or other games
Deadspin -  one where no payouts take place
Scatter - symbol enabling bonus in slots
Megaways -  set of reels containing a series of symbols that players attempt to match up with each spin

Yeah, those too.

And there are many more that haven't mentioned yet but sometimes it's not ticking on our minds and we mostly forget about it. But now, it's up to OP if he's going to add it or not.

And basically, that list is still helpful even if it lacks of some other terms that we know of.

The thing is if we are not active in certain gambling games, there is no need to know their gambling terms.  What important is to know the terms of the game we are always playing so that we won't be ignorant of anything playing the game.  Mostly the term can be learn and understood through the length of time or frequency we play the game.  Terms will come in its own way and be inculcated in our brains passively even without the effort of researching because we can read or hear them all the time.

OP going by your list and through my many years of gambling am much familiar with some of the slangs as listed except for words like, chalk, beard which am impressed with having to know now about them, and another thing I noted is that some of these gambling slangs are all gambler register peculiar to certain country's different from others.
It's not easy getting along with all these slangs for someone that's just into gambling, but the more the years go by as you engage in gambling you just get familiar with them and more without even trying.

Op had really done well to construct this kind of list including so many slang we might not be familiar with with and I am happy to get to learn new words. I think I am going to do a little bit research so that I can learn continue learning new gambling words.
I could remember when I started gambling, learning and remembering terminologies was very hard for me and sometimes I do write them on paper so that I will not forget some important key words.

there is an earlier thread that lists a much more comprehensive list of words so I don't think OP had done well since it doesn outdone the effort the previous thread starter did.

[Baofeng]

Some of them I'm more familiar with, I mean in the beginning, gamblers doesn't want to complicate things with this terms or slang. I remember a similar thread as well, with infographics or something, but I can't find it.

are you perhaps talking about this thread? it doesn't have infographics but it's basically the same topic but with much more gambling slang that is used in casinos and different gambling games.

It's not the thread, but it's a good find mate, I will try to search it as well. The only thing I remember is that it has a infographics or something and that struck in my mind. Nevertheless, that thread is a good source too.

I can't find the term parlay or multi-betting, for sure majority of us are betting in this way.

parlay/multi-betting is mentioned in this thread, members in that thread also added some more types of betting since the OP in that thread missed some.

it would be good if OP decided to add other gambling slangs that was mentioned.

Yes, I think that's also very important term for beginners as some of them might just be used to do single bet. Parlays though put some risk, higher risk but if you hit it, then it's going to be a good win. And it's good as well that this beginners try this kind of betting for the experience.

[og kush420]

Am suprise seeing some of this slang, I do gamble but I don't really gamble frequently, but to be honest I haven't heard some of those slangs before or maybe they don't use them frequently in my country, atleast I have learnt new gambling slangs today, maybe I will start using some.

@OP just like the rest been saying  that you've provided out some good list
and it would be more better if the community or people on here would really be tending to add up with those slang and terms so that for those newbie or even those old ones would
be able to check it out on what it do means but this one really suits out into those gambling enthusiast on which it would be somewhat a helpful thing for them to know on.

I don't think the OP will stop anyone from adding additional slangs which he didn't mention, if you know some slangs, then you can add it here, we are here to learn new things. You can just quote the OP and add your own slangs under.

Thanks to the OP for starting this thread and I think you are right OP would not stop anyone to add more slangs. But for beginners that is good thread.
One should always encourage the threads which aim to provide knowledge to the beginner.

[Hispo]

Good thread, OP.
I don't know how common it is, but I have heard/read people calling "dices" using different nouns, I recall "bones". I assume it is a slang which may not be common in the context of online casinos or crypto casinos.  It may be a term used when rolling dices in real life, since (if I recall correctly) the first dices in the human history were carved out of bone and ivory.

[libert19]

Meaning don't stick to mind unless you are curious in first place or had doubts about word's meaning in past, I just Google whenever there is doubt so the understanding remains.

[boyptc]

Yeah, those too.

And there are many more that haven't mentioned yet but sometimes it's not ticking on our minds and we mostly forget about it. But now, it's up to OP if he's going to add it or not.

And basically, that list is still helpful even if it lacks of some other terms that we know of.

The thing is if we are not active in certain gambling games, there is no need to know their gambling terms.  What important is to know the terms of the game we are always playing so that we won't be ignorant of anything playing the game.  Mostly the term can be learn and understood through the length of time or frequency we play the game.  Terms will come in its own way and be inculcated in our brains passively even without the effort of researching because we can read or hear them all the time.

Yeah, it's not a problem about letting the gambling terms known or not.

But what's important is about the actual terms and conditions about the game that you're going to gamble. It's just sort of fun to have and for beginners, there's the essence of understanding those known gambling terms.

So that, they are aware of what it is all about and they'll have the idea and meaning of it if ever they encounter it.

[Yaunfitda]

Meaning don't stick to mind unless you are curious in first place or had doubts about word's meaning in past, I just Google whenever there is doubt so the understanding remains.

At least though, you will have a idea on what the meaning of those terms and others as posted but some members. Because maybe when you play on online casinos and you might here this terms, so at least you know that meaning of it and will not be at lost when gambling because you might be playing with a experience gamblers and throwing this slang on the table.

Good thread, OP.
I don't know how common it is, but I have heard/read people calling "dices" using different nouns, I recall "bones". I assume it is a slang which may not be common in the context of online casinos or crypto casinos.  It may be a term used when rolling dices in real life, since (if I recall correctly) the first dices in the human history were carved out of bone and ivory.

Yes, because the original dices where made up of "bones" or ancient animals.

[qwertyup23]

although I know a little bit about some of the ones listed in this thread, I think it's necessary for beginners to know more slang and terms in gambling, I think you need to update and add more information in this thread so that it can be understood by the readers. another beginner 

Oh it is definitely necessary to know these terminologies! Not only that these terms are used frequently, but also almost every gambling site contains at least 1 more or of those terms mentioned on their website. This saves time for a person to search on Google behind the meaning of such term. That is why, people should bookmark this thread and we also have to keep this thread updated for more terminologies to come.

As someone who has been gambling over the years, there are also some terminologies that I did not know until I checked this page. Thank you very much OP for creating this thread as this is definitely informative.

[Finestream]

You can share some of your favorite slang terms and expressions for gambling.

Maybe this will help some beginners related to gambling terms and you have taken the time to create a thread in your long list.  but in truth, these terms are not very important to gamblers and usually sooner or later someone will become familiar with these terms. However, I really appreciate your efforts to help our friends in the community, especially beginners who like gambling activities.

But the most important part is not the names on your long list, what needs to be interpreted is how to understand the mechanics of how to bet on the betting itself. I say again, your long list is at least very helpful. only as names related to terms, not referring to the essence of the bet itself.

Good point. These terms will be learned eventually in the process but as a newbie, these are still somehow helpful for them so they can easily understand about gambling. But these cannot guarantee that you will be profitable in gambling, what we need is experience and strategies. Once we have that, we will lessen the chances of losing and be able to increase the chances of being profitable.

[Reid]

Beard   |   A person who places bets on behalf of professional gamblers so they can remain anonymous to bookies.

This is the first time I heard of this maybe because I always deal myself than trusting someone to process my bets. Whoever this "Beard" is should be trustworthy enough to leave your funds into him and directly bet it without any ruckus. Reputation is also something they must have, like he has been suggested by many professional gamblers beforehand. I doubt they can be found in advertisements.
Other listed slangs are widely used and some of them should be known by a gambler who is just starting his way to the industry.

[goinmerry]

But these cannot guarantee that you will be profitable in gambling, what we need is experience and strategies. Once we have that, we will lessen the chances of losing and be able to increase the chances of being profitable.

Actually, knowing those terms is not a factor to be profitable in gambling.

It's just for reference for newbies who are having a hard time understanding what betting type should they choose.

Although it's not mandatory to know all those terms as they will surely be able to learn them on the way, kind of a good approach if newbies will enter the gambling not empty handed with those gambling terms.

[famososMuertos]

OP, I have not seen you supporting your poor context, by the way, very strange that such a mediocre and repetitive thread is on page 3.

On the other hand, it would be very good and meritorious for an OP to explain in his own words and experiences what wager is, (e.g.), in fact that personal context would save the repetitiveness of the topic and we could have an extensive and interesting thread only on that topic, which by the way already exists but if it's a personal experience it would help more than creating that slang "things" you did.

There are several topics this is perhaps the most recent.
Betting Types Newbies Should know About
December 25, 2022.

Edit. Page 4.

[AicecreaME]

This is a great list containing slang terms which are commonly used in gambling that newbies should know before continuing their gambling journey. Knowing these terms will surely help them relate to some posts containing it as well as the daily conversations which gamblers engage. Being aware of these slangs will keep them on the same pace as other gamblers and could easily understand the topics presented to them.

All of these I am very much familiar with already except for two terms which are "beard" and "hedge". I didn't know the term "beard" ever existed in gambling. Good to know that there is such thing in this thread. I also don't know about "hedge" until today. I just knew the meaning of it but didn't really know there's a specific word to call it for.

[btc78]

good that you brought this out here , because newbies eve me have no complete idea about those slang word till now(but I knew most of them right there)  so this will help us understanding specially when in terms of using groups.
 but like what have said above me ? better to have your own definition about some of those and not just posting the complete words from the link you shared for better understanding of other users.

[Strongkored]

Here are a few gambling slang terms that beginners should be aware of. It's not a complete list

Nice list Op, actually I don't really care about terms in gambling let alone slang terms, but knowing it will make it easier for gamblers to understand if this term appears especially for newcomers so they don't get confused and might make the wrong betting choice due to lack knowledge of terms in gambling.

[Don Pedro Dinero]

This is a great list containing slang terms which are commonly used in gambling that newbies should know before continuing their gambling journey. 

good that you brought this out here , because newbies eve me have no complete idea about those slang word till now(but I knew most of them right there)  so this will help us understanding specially when in terms of using groups.

But you think newbies are going to learn that. I think it's normal for them to learn the terms like everyone else, at first they sound strange to you, and when you hear them repeatedly in context you realise what they mean. Or if you hear it and have doubts you look it up on the internet. I think that few people will be those who have no idea of these terms and learn them by reading this thread.

I think the OP's compilation is more useful for those who are not newbies, but who have already got into gambling, have some idea but have doubts about other terms.

[Reatim]

Here are a few gambling slang terms that beginners should be aware of. It's not a complete list

Nice list Op, actually I don't really care about terms in gambling let alone slang terms, but knowing it will make it easier for gamblers to understand if this term appears especially for newcomers so they don't get confused and might make the wrong betting choice due to lack knowledge of terms in gambling.

this is only helpful to those active in gambling but for those who only visits this slight way? I think there are no need to understand all those terms because I believe it is not truly needed.

But thanks for OP sharing this , in some ways this is a need for others .

[Pierre 2]

I guess Martingale is the most famous term there besides regular odds and wages. I think its very inefficient and risky method of gambling everyone should try ONCE in their lifetime.  Although I never saw someone using beard term around, its funny that when someone asks portion from you they would say "throw me beard" in my language. I guess its parallel. I love to pronounce words like bookie by the way - short and cool.