A
American roulette – a variation of roulette game. The wheel has 38 slots with numbers form 1 to 36, a 0 and 00.

B
Backtrack – the rim on the outer part of the roulette wheel where the ivory or plastic ball spins. This can be also called the ball-track.

Biased wheels – a roulette wheel with a flaw that causes the same numbers to appear over and over.

Big Number – the number that is hit more than it can be theoretically possible. This may be a sign of a biased wheel.

Black action- when the player bets with a black chip that is worth $100

Bottom Track – the inner line of a roulette wheel where the ball slides before it bounces from the wheel to the pockets. I usually either slants or remains stationary.

C
Carre’ –French word for the Corner bet

Chameleon Strategy – a strategy used by some players that follow the tactic and bets of those who are winning a lot hoping for the same.

Chasing Loses – a tactic used when the player has lost a lot and starts betting more hoping to win back all he lost.

Check rack – the tray with roulette chips.

Cheval –French word for a Split bet

Choppy game – the game with no constant wins of the player and the house.

Column bet – a bet on one of the three columns.

Corner bet – a bet on four numbers by placing a chip in the middle on these four numbers.

Croupier – the employee of a casino that operates at the roulette table, exchanges the money, pays back the wins etc.

Dice game, most popular in American gambling houses. Any number may play. Each person in turn may, as the shooter, cast two matched dice in attempting to roll a winning combination.

Before his first throw the shooter puts up a stake, and the other players fade it, i.e., bet against the shooter up to the amount of the stake. The shooter must withdraw any part of his stake that is not faded. If he wins, he may continue to shoot and bet again, as much or as little as he wants; or he may give up the dice. If the shooter loses, the other players take away double the amount they faded. The other players also may bet among themselves as to whether the shooter will win or lose in the next series of throws or whether certain numbers or combinations will appear. In some games, such as bank craps , players may bet only against the house.

Pass Line A pass line bet is a bet placed before the come out roll (i.e. the first roll of the dice in a new craps round). A wager on the pass line wins immediately if the come out roll is 7 or 11 (naturals), and loses if the come out roll is 2, 3, or 12 (craps numbers). If any other number (4,5, 6, 8, 9, or 10) is rolled, that number becomes “the point.” If the shooter rolls the point again before rolling a 7, your pass line bet wins. If the shooter rolls a 7 before rolling the point again, your pass line bet loses.

Don’t Pass Line A don’t pass line bet is essentially the reverse of a pass line bet, and is also placed before the come out roll. If the shooter rolls 3 or 12 on the come out roll, a don’t pass line bet wins immediately. If, however, the come out roll is 7 or 11, don’t pass line bets lose. If the come out roll is 2, a don’t pass line bet is returned to the player in a push. If the come out roll is 4, 5, 6, 8, 9, or 10, that number becomes the point. Once the point has been established, don’t pass line bets win if the shooter rolls a 7 before rolling the point again. If the shooter rolls the point again before rolling a 7, don’t pass line bets lose.

Come A come bet is placed before any roll of the dice, once a point has been established by the come out roll. Come bets win immediately if the shooter’s next roll is 7 or 11, and lose if the roll is 2, 3, or 12. If the shooter rolls 4, 5, 6, 8, 9, or 10, that number becomes “the come point.” If the shooter rolls the come point again before rolling a 7, the come bet wins.

Don’t Come A don’t come bet is essentially the opposite of a come bet. Don’t come bets win immediately when the shooter’s next roll is 3 or 12, and lose if the roll is 7 or 11. If the shooter rolls a 2, the bet will be returned to the player in a push. After the come point is established, don’t come bets win if 7 is rolled and lose if the come point is rolled.

Odds An odds bet is a “back up” bet on an original pass line, don’t pass line, come, or don’t come bet. Gold Club allows odds bets of three times your original bets.

Field A field bet is a bet that the next roll of the dice will be either 2, 3, 4, 9, 10, 11, or 12.

Big Six and Big Eight A big six bet is a bet that 6 will be rolled before 7. Likewise, a big eight bet is a bet that 8 will be rolled before 7.

Place Win A place win bet is a bet that either 4, 5, 6, 8, 9, or 10 will be rolled before a seven.

Place Lose A place lose bet is a bet that 7 will be rolled before either 4, 5, 6, 8, 9, or 10.

Buy A buy bet is a bet that either 4, 6, 8, 9, or 10 will be rolled before 7. A vigorish (vig.) of 5% is charged when placing the buy bet.

Lay A lay bet is a bet that 7 will be rolled before 4, 6, 8, 9, or 10. A 5% vig. is charged when placing the lay bet.

Any 7 An “any 7″ bet is a bet that the next roll of the dice will be 7.

Any 11 An “any 11″ bet is a bet that the next roll of the dice will be 11.

Any Craps An “any craps” bet is a bet that the next roll of the dice will be 2, 3, or 12.

Horn A horn bet is a bet that the next roll of the dice will be either 2, 3, 11, or 12.

Hardway A hardway bet is a bet that the shooter will roll either a 4, 6, 8, or 10 as doubles (2+2, 3+3, 4+4, or 5+5) before rolling a 7. Rolling a number by doubles is said to be rolling the number “the hard way.”

Technorati Tags: casino, craps, dice, online, rules, tips

How to Make the Most of Your Time Playing Slots

Slot machine games seem pretty simple: insert coin, pull a lever, wait, repeat. But, like any other kind of entertainment, there are ways you can maximize the value that you get from your dollar. These slot machine tips are presented in order for you to get the most out of your experiences at the one-armed bandits. Most of them won’t help you win, and that’s a simple enough thing to understand; slots are completely random and betting strategies won’t make much of a difference. But there are some tips and tricks you might find useful.

Having a Winning Attitude at the Slot Machines

Slot machines are completely luck-based. Entirely random, no skill involved, you’ll win or lose based on what the random number generator is set to pay back. This can make the game extremely frustrating if you have the wrong attitude about it. What’s the right attitude?

The right attitude is to understand that slot games are a negative bet, and behave accordingly. Don’t play with money you can’t afford to lose, and don’t get upset if you have a losing session. You’re supposed to have a losing session. If you weren’t, then the casinos wouldn’t be in business.

Understand the Slot Machine That You’re Playing

Some slot machines have different payouts based on the number of coins that you bet. A lot of people give the advice that you should always make the max coin bet. This isn’t necessarily true.

Some machines offer proportional payouts. In other words, for all winning combination, the machine will pay back twice as much when you bet 2 coins and 3 times as much when you bet 3 coins. On these machines, feel free to play 1 coin or 2 coins or 3 coins or any combination or series of those bets, because it doesn’t matter how many coins you play when a machine offers proportional payouts.

A lot of slot machines, on the other hand, offer bigger payouts based on playing more coins. Progressive slot games, in particular, often don’t give you the opportunity to win the progressive jackpot if you’re not making the max coin bet.

So be sure you understand the machine that you’re playing. The math isn’t hard, just examine the payout chart on the machine before you decide how many coins to play.

ALWAYS Join the Slot Club

One thing you can and always should do to maximize your winnings and minimize your losses is belong to the slots club at the casino. It’s as simple as filling out a form and getting a card. You insert the card in a reader while you play, and ever time you insert a coin into a slot machine and make a wager, you get credit for it. Depending on which casino you’re playing at, you can earn comped meals, tickets to events, and even airfare and hotel stays. This is calculated into the payout for the machine, so by not taking advantage of it you’re denying yourself a portion of your winnings.

Understand Slots Etiquette

A lot of times a player will stake out the slot machines immediately to the right and to the left of the machine they’re playing. So if you want to play on one of those machines, be courteous and ask the player if they’re playing on that machine first.

Keep In Mind What It’s Going to Cost You to Play Each Hour

Calculating your expected loss per hour at any type of gambling game is a simple formula. You simply multiply the number of wagers per hour times the wager amount times the house advantage.

On typical slot machine games, these numbers break down similar to this:

Keep one other thing in mind too. The higher the denomination, the higher the payout percentage. The reverse is also true: the lower the denomination, the lower the payout percentage.

Something else to keep in mind is the value of comp drinks. If you love premium beers like Heineken or Corona, or expensive liquor, you can drink them for the cost of a $1 or $2 tip to the waitress, and a minor hourly loss on the slot machines. This can, in fact, make your hourly expectation positive if you’re drinking enough.

A Final Note About Slots and Slot Machines

There’s absolutely nothing wrong with playing the slot machines if you’re smart about it. Don’t expect to win, and understand how much it’s going to cost you to lose. Most importantly, enjoy the comps and join the slot club. Slot machines are fun, plain and simple, so don’t feel any more guilty about playing the slots than you do about occasionally indulging in some junk food.

Extracted from: http://www.slotmachinefan.com/slot-machines/tips/

Technorati Tags: casino, online, slot machine, tips, tricks, rules