Glossary

The mistaken belief that past outcomes affect future results in random games. 

A situation where a player loses all their money and can no longer continue playing.

A condition marked by an overwhelming compulsion to gamble, persisting despite harmful consequences to the individual or those around them.

The amount of money set aside for betting, which a player is willing to risk losing.

A type of game where outcomes depend largely on random factors rather than the skill or choices of players.

The actual percentage of wagered money paid back to players, calculated from real outcomes over a specific period.

Placing a wager on an event or game.

A phrase used when a player places a bet and also covers their stake with another bet, ensuring they don’t lose money regardless of the outcome.

A complex horse racing bet involving eight selections, totaling 247 bets, including 28 doubles, 56 trebles, 76 fivefolds, 28 sixfolds, 8 sevenfolds, and one eightfold accumulator.

A wager officially declared as won, lost, or a push (tie) after the event starts, often referred to as a settled bet.

The total number of goals scored across all hockey games scheduled for a given day.

A layout displaying possible betting options, where online players click to place, cancel, or confirm their bets.

In poker, a draw where a player needs one specific card to complete a straight (e.g., holding 6-7 and needing a 5 for 5-6-7-8-9).