|
General Casino Glossary
BAR –
To be asked to leave a casino by being caught cheating or card
counting.
BUY-IN -
The amount of money a player has exchanged for casino cheques.
When one enters a game, never hand the dealer your
money—they can’t take anything directly from a patron.
In craps, place your money on the layout in between
rolls and the dealer will pick it up, hand the money to the
Boxman, and push your cheques towards you.
In sit down table games, place the money next to the
betting spot (not in the spot) and the dealer will announce
the amount to a pit boss then place the cheques in front of
the player.
CAGE -
The jail looking area where the cashiers are stationed.
I know some pit bosses I’d like to see behind bars.
CARPET -
Not a definition -- we all know what carpet is, but I just
wanted to mention something about the lovely carpet in
casinos. Next
time you are in a casino take a close look at the floor,
pretty, eh? Now
drop a cheque on the floor -- see how nicely it blends in with
the carpet. Need
I say more?
CARPET JOINT
- A casino that caters to high rollers.
There are a few on the Vegas Strip.
CHASE/CHASING
- A human trait that is so damn dangerous when it comes to
gambling. When
humans are losing we tend to get more aggressive, especially
when it comes to losing money. Chasing is an attempt to make up for the losses by placing
lager wagers. Usually
leads to disaster, or going full tilt (see tilt).
CHEQUE(S)
- What casino personnel call chips.
Chips are ceramic or clay disks assigned a dollar value
and a designated color. The
nicknames are an illusion:
-
White, sometimes Blue, sometimes Silver = $1, nicknamed
penny
-
Red = $5, nicknamed nickel
-
Pink = $2.50, I know of no nickname.
Usually $2.50 cheques are found at riverboats.
It’s rare to find them in Las Vegas.
-
Green = $25, nicknamed quarter
-
Black = $100, nicknamed (you guessed it) dollar and
sometimes Ace
-
Purple =
$500, nicknamed -- I know of no nickname
-
Orange = $1000, nicknamed Yeah,
baby
CHIPS -
See cheques.
CHOPPY TABLE
- A term used for when results constantly shift one way then
the other. A good
example is in Baccarat -- choppiness would be the bank hand
winning, then the player hand, then the bank, then the player,
etc. -- pretty much back and forth.
COFFER -
The casino vault, bankroll, treasure.
COLOR UP
- Means to exchange lower denomination cheques for higher
denomination cheques, especially when leaving a table.
This allows a player to roam the casino with fewer
cheques -- ever drop a handful of cheques? (See carpet above)
-- and lets the pit personnel account for your winnings or
losses -- they want to know without having to count the rack.
COMMISSION
- A tax that is charged to winnings, usually 5%.
Baccarat Bank Hands, Craps buy and lay bets, and Pai
Gow/Pai Gow Poker are games that charge commission.
COMP -
Short for complimentary.
Casinos “reward” players by giving out free
buffets, shows, and sometimes rooms.
They are used for consoling losers and keeping winners
playing the games to hopefully convert them into to losers.
COMP RFB
- Stands for complimentary room, food, and beverage.
This is for the big losers, er, players! Some gamblers will continue to play and lose thousands of
dollars to receive $200 worth of RFB.
Go figure.
DEALER -
Casino employee that deals cards or pays off bets in Craps.
No dope. Sorry.
DROP BOX
- A box located under the table where the dealer deposits the
players’ cash -- attainable by a slot on top of the table.
EYE IN THE
SKY - Next time you are in a casino look up -- those
bubbles all over the ceiling contain cameras that record
everything. Not
only are they watching players, they are watching casino
employees. Don’t
be frightened if you notice a dealer clapping and then shaking
his hands, he is showing the cameras that there are no cheques
hidden in his palms or up his sleeves.
GAMBOPSYCHE
- That little voice inside the head that says when a table or
a machine is ready for attack or time to leave.
GRIND JOINT
- A casino that caters to low rollers.
Most downtown Las Vegas casinos can be considered grind
joints since low minimum games are plentiful.
HEAT - A
player may be watched closely by pit or security personnel if
he is suspected of cheating, card counting, or just being a
suspicious-looking character; which could lead to being
barred.
HOUSE
ADVANTAGE or VIGORISH - How do you think casinos afford
the luxuries they grasp?
It’s called house advantage; also know as vigorish or
just vig. House
advantage is a tax that is charged to your winnings based on
the payout odds. Would
they do that to us -- they’re not the IRS?
Might as well be.
The best example of house advantage is in the game of
Roulette. If you
place a straight bet on any number the true odds are 37 to 1
(because there are 38 total numbers on a standard, double zero
wheel), but what you receive is a payout of 35 to 1.
The two subtracted from the 38 is the tax.
Uncle Sam has nothing on our beloved casinos.
Craps is the only game that offers a bet where there is
no house advantage. The
payout at true odds is based on the point against the seven --
called the Odds bet, also known as True Odds or Free Odds.
However, the only way to make this Odds bet is by
backing your initial line bet that does include a house
advantage against it.
You cannot make an Odds bet by itself unless you happen
to find some clueless schmoe that’s not backing his line bet
and you nicely ask (as you chuckle underneath your breath) if
you can back up his line bet.
If that point hits, he gets paid even money on his bet
while you get paid true odds (See Craps ODDS BET).
PAINT -
Face cards. In
Blackjack if you receive an Ace as your initial card, scream:
“Paint me!”
PARLAY -
To double one’s bet after a win.
PIT - An
area of several gaming tables in the casino.
A pit will usually consist of a variety of games, but
sometimes only include Blackjack tables.
PIT BOSS
- casino employee that oversees the “pit.”
POKER HAND
RANKINGS - Most people should know this, but doesn’t
hurt to include:
-
Royal Flush -- Ten, Jack, Queen, King, Ace of same
suit, i.e. An Ace-high straight flush
-
Straight Flush -- Five consecutive cards of same
suit (non-Ace high)
-
Four of a Kind -- Four like cards in one
hand
-
Full House -- A combination of a three of a kind and
one pair
-
Flush -- Five cards all of same suit that are not
consecutive
-
Straight -- Five consecutive cards not of same
suit
-
Three of a Kind -- Three like cards in one hand with
two non-like cards
-
Two Pair -- Two sets of same ranked pairs with one
odd card
-
One Pair -- Two cards of same rank with three
non-like cards
-
High Card -- In poker if none of the above is
present, the hand with the highest ranked card wins
Note: In Pai Gow Poker -- Five Aces (including the
Joker) ranks highest of all and most casinos consider a PGP
straight that consists of Ace, one, two, three, four is the
highest straight.
PRESS -
Raising a bet -- similar to parlay, but not necessarily
doubling the wager.
(RISK
OF) RUIN - Losing or close to losing the session
bankroll or overall bankroll.
More than likely occurs when a gambler is chasing
losses or is on tilt.
SCOUTING
– Observing table conditions before going into battle by
checking the dealer’s cheque rack, the players’ attitudes,
and player decisions, especially in Blackjack.
SHILL - A
fake player hired by the casino to play games -- to entice
real players, who do not want to play alone -- to jump in.
Shills are usually gorgeous, decked-out women who are
there to lure high rollers into the Baccarat pits.
SHOE - A
device that holds multiple decks of cards.
Usually made of plastic.
It is designed to allow dealers to easily slide a card
out one at a time.
TABLE PLACARD
- Each table will have a placard to indicate the table’s
minimum and maximum wager limits.
Some will also include a brief list of rules, such as
split limitations in Blackjack, or Odds allowed in Craps.
By all means check this placard out before buying-in.
There is nothing more embarrassing than sitting down at
table, asking for $20 worth of cheques and discovering that the table minimum is $25 for one
wager.
TILT -
Ever play pinball and bang the side of the game and the TILT
light flashes and the game freezes? In
gambling tilt is like having that flashing go off in your head
when you are constantly losing. Non-disciplined gamblers tend to start the chasing and losing
their cool until it is too late.
Either they lose everything or lose their temper.
Both have happened to me and it is a frightening
experience.
TOKE -
Another name for a dealer tip.
Hey, reefer addicts -- this does not mean you can get
high with the dealers -- not in the casino anyway.
It is a good idea to tip dealers; they may become your
ally and sometimes even help you out in various ways.
VIGORISH (VIG)
- See House Advantage.
WHALE –
What casinos call their biggest and wealthiest players.
|