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Gambling
Dictionary
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Odds
- The ratio of probabilities or the amount a bet pays. For example
2-1, 3-2.
Odds
Maker - A person who establishes the original and subsequent
betting lines.
Odds
on Favorite - A horse or competitor that is so favored
that the odds are quoted as less than even money.
Off
- Bets that are not working.
Off
The Board - Sporting events, casinos or bookmakers will
not accept action on.
Office
- A secret signal passed from a gambler to his confederate.
One
Eyed - The Jack of hearts, Jack of spades or King of
diamonds. So named because the characters are drawn in profile,
thus showing only one eye.
One
Roll Bets - Wagers that win or lose depending on the
next roll of the dice.
On
The Hop - A one roll wager.
Open
- In poker, the player who bets first.
Outside
Bets - Roulette bets located on the outside part of the
layout. They involve betting 12 to 18 numbers at one time and
result in a lower payout.
Outside
Numbers - In Craps, 4, 10, 5, and 9
Overlay
- A good bet where you have an edge over the casino.
Ozzie
and Harriet - A hard 8.
A
B C D
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H I J
K L M
N O P
Q R S
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