Glossary

Bb

bb

The mandatory bet placed by the player two seats left of the dealer in poker. Also, a situation where a strong hand loses to an unlikely one.

Beard

A person who places bets on behalf of someone else to hide the real bettor’s identity (poker term).

Bet builder

A tool allowing users to create multiple bets from various markets within a single event.

Bet calculator

A utility that calculates potential winnings from bets placed with a bookmaker or betting exchange.

Bet Limit

A responsible gambling feature letting players cap the maximum amount they can wager, regardless of the game or result.

Betting odds

The payout offered by a bookmaker for a specific outcome, determined by factors like likelihood, past performance, current form, and opposition.

Betting Pool

A group of bets placed by multiple players on a single event. Winnings are shared among those who bet correctly, minus a small fee taken by the platform.

Binary Betting

A type of wager where the outcome is either a win or a loss, with no middle ground.

Bitcoin Casino

An online casino that accepts Bitcoin exclusively or alongside other fiat currencies and cryptocurrencies.

Blinds

Mandatory bets in poker placed by players to the left of the dealer before cards are dealt, typically a small blind and big blind, to initiate the pot.

Blowout

A match where one team or player wins by a significant margin.

Bonus Round

A special feature in video slots triggered by certain symbol combinations, offering rewards like free spins or side games, allowing extra wins without additional bets, sometimes unlocking mini-games.

Bonus System

A set of promotional and gamification tools to attract and retain players, including offers like welcome bonuses, no deposit bonuses, reload bonuses, VIP rewards, free spins, free bets, cashback, tournaments, and missions.

Book

A business or entity that takes wagers on the outcomes of sports events.

Bookmaker (Bookie)

A person or company that accepts bets and sets odds for sports events or other competitions. Bookmakers pay out winnings based on the results.

Breaking the Bank

When a player wins so much money from a casino or betting site that the operator runs out of funds to cover other bets.