Glossary

The Gambling Dictionary
Entering an online casino, a poker room or any other Internet gambling site is like crossing into a new world in many ways. Although no passport needs to be stamped and even currency does not need to be converted, there is a new lingo to learn. Gambling terms, professional vocabulary, insider references and technical terminology are all listed in this section. Find the meaning of a new term you learn, scan for new terms you didn't know exist, or sort via the advanced tag search option for a variety of convenient browsing options.
 
A-Z
I
Ideal Edge Odds
1:1 or 100% of edge odds.

 
Ignorant End of a Straight
Used in community card games, this is the lowest possible straight made.

 
Implied Odds
Ratio of amount of money expected to be in the pot by the end of a round or hand compared to the amount that is required to call and maintain eligibility to win the pot. Accounts for any possible additional wagers.

 
Improve
To receive one or more cards that strengthen the hand being played.

 
In the Hole
Can describe a card in stud games or someone who has lost money or chips in a game.

 
Index
A mark on the upper left and lower right of the card which indicates it's value and suit. It can be as a form of cheating as a way to identify it for future hands.

 
Inside Bet
Bets in Roulette divide into two categories: inside bets and outside bets. The terms refer to the location on the wheel, as explained in the following.

The various inside bets include:Straight: betting on a single number. The player places the chip (or chips) directly on the number.Split: betting on two adjoining numbers, by placing the chips on the separating line between the two numbers.Street: betting on three numbers, located along the same horizontal line. This is done by placing chips on the edge of the line, depending on the table layout.Corner: also known as a square bet, the player bets on four numbers.Sixline: also known as sixaine, the player bets on two adjoining streets, a total of six numbers, with the chips placed at the corresponding intersection.
 
Inside Straight Draw
Four cards to a straight - the missing card would be in the middle.

 
Insurance
This is a good bet only if card counting is in place. Otherwise, the house edge is too great to consider the insurance option. Insurance is the case in which the player puts aside a sum, up to half the original bet, betting on the dealer receiving a natural 21. This is done before the dealer checks the hole card, only in case the face up card revealed to all is an Ace. Insurance pays the player 2:1, thus winning the same amount as the Blackjack wager.

 
Investment
The chips or amount of money added to the pot by a player. It is also the total amount of money the buy-in and add on's are in a tournament.

 
Investment Odds
The estimated return on the investment made for a certain hand or action. It is expressed as a formula, sure as (expected size of pot)(probability of winning) / (amount of investment player puts up).

 

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