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A typical lottery pool ranges from 1 to 60, and the keno pool is 1 to A Bingo pool can be 1 to 75 or 1 to Nut - Either the overhead costs of running a casino, or the fixed amount that a gambler decides to win in a day.
O Odds - Ratio of probabilities. The casino's view of the chance of a player winning. The figure or fraction by which the casino offers to multiply a bettor's stake, which the bettor is entitled to receive plus his or her own stake if they win.
On tilt - Going 'on tilt' is a bad reaction to an unlucky hand resulting in uncontrolled wild play. Open - In poker, the player who bets first.
Outside Bets - Roulette bets located on the outside part of the layout. They involve betting 12 or 18 numbers with one chip.
Overlay - A good bet where the player has an edge over the casino. Palette - The tool usually a long flat wooden baton used in the Baccarat game to move cards on the table.
Paroli - In French roulette, 'Paroli' is an order given to the croupier meaning to press the bet with the win, or to "let it ride". Paroli is also the name of a betting system which increases the bet as you win.
Pass - In card games, to not bet, to fold. Pat - In draw poker, a hand that does not need any more hands. In blackjack, an unbusted hand worth at least 17 points.
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 20 paylines, although most have only one.
Payoff - The return or payback the player receives for his or her wager. Payoff Odds - The form of odds that are conventionally posted in the casinos.
Payoff odds specify how much a winning wager will be paid for each wager or chip that was bet. The casinos post the 'payoff odds' in terms of the number of chips won relative to the number of chips bet.
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 percent minus the house edge. Payout Table - A posting somewhere on the front of a slot or videopoker machine that tells you what each winning hand will pay for the number of coins or credits played.
Pigeon - An uneducated, naive, or unsophisticated gambler. Pit - An area of a casino in which a group of table games are arranged, where the center area is restricted to dealers and other casino personnel.
Pit Boss - A supervisor who oversees a gaming area. Usually supervises more than one table at the same time. Pit Manager - A pit manager is in charge of all the table games, enforcing casino policy.
He deals with any problems that may arise during the shift where a crucial decision must be made that may lead to a customer being dissatisfied or angry.
Playing the Rush - A poker term referring to a player who has just enjoyed a short-run of good luck marked by winning a very large pot of money in one hand or winning several hands in close succession.
If the player subsequently begins to play more loosely or more aggressively they are said to be 'playing the rush'. Plug - A shuffling technique that is sometimes employed in card games like blackjack where the game is often dealt from a multi-deck shoe.
When freshly shuffled cards are brought back into action a substantial portion of the cards are kept out of play by the insertion of a cut-card at the back of the deck or shoe.
The placement of the cut card marks the place where play will be stopped and the cards are again shuffled. During the play, used cards are stacked in a discard tray.
When the cut-card is reached, the game is stopped, and the remaining un-dealt cards are inserted somewhere into the middle of the cards that have already been stacked up in the discard tray.
The cards so inserted are referred to as a 'plug'. Such action is called 'plugging' the deck. Pocket Cards - In poker where some of the player's cards are dealt to them face down.
These cards are called pocket cards. Point The Point - The number that is established on the come-out roll. Only place numbers 4,5,6,8,9,10 can become the point.
The shooter will attempt to repeat throwing the point before throwing a 7 in order to win that round of betting. Poker - Basically a card game.
But poker isn't just a card game, it is many card games. The majority of poker games do share some common features, especially betting in rounds and the ranking of hands.
Poker is commonly played in cardrooms often within casinos and in private home games. The games played in cardrooms seem to divide into stud games, draw games, and flop games.
In home games, however, anything goes, including games that seem to have no reason to be called poker. The varieties played in home games probably number in the hundreds.
Pokies - Term used as slang in Australia and New Zeland short for videopoker machines, also as a generic word for poker, slot and fruit machine games.
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 a Bet - Adding the winnings over the current bet, to 'let it ride'. Pressing - A player is pressing the bet when they let winnings ride by wagering them along with the original bet.
Probability - A mathematical calculation that establishes 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. Progression Betting - A system of betting applied to many games where bet-size is systematically changed, up or down, across as series of rounds of play according to some predetermined formula.
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.
Pull Tab, Pulltab - A game similar to the lottery game. Each ticket has perforated windows which open revealing symbols similar to those found on slot machines or some lottery games.
Punch Board - Another lottery-type game. The player punches out a slot on a board for a chance to win a merchandise prize.
Punch boards offering cash prizes are also common. A round of play where neither the player nor the casino wins.
Q Queen Theatre - A term used in electronic roulette touchbet roulette because of the way the seating is laid out.
Altogether 24 players can play the Queen Theatre electronic roulette at the same time. The central part of the roulette with its wheel is designed for 8 players around it, whilst 16 players play from the "theatre", a second line around the first circle of 8 players.
Quads - In poker, four of a kind. Qualifier - In poker, the minimum ranking a hand must have in order for it to be eligible to take part of the pot.
The investor is required to select the first four place-getters in a selected event in the correct order. Generally fields are confined to 14 starters.
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