There are a lot of casino terms and words many people don't understand.
I was talking to a friend about casino gambling and he said I had no idea about the "true meaning" of certain casino and gambling terms. So, I asked him for some examples:
ACTION The amount of money gamblers whip out of ATMs
BANKROLL The starting money you lose before you hit the ATMs
BEGINNERS LUCK That single event which fools you into thinking you can win
BUY IN The amount you lose initially at a poker game
CARD COUNTING What the casino hopes you'll keep trying as you lose and lose
CASINO OR HOUSE EDGE The size of the knife that is used to cut your wallet out of your pocket
CASINO CREDIT Lose now, pay later
COLD Not only the casino temperature but every machine you ever touched
DROP BOX Where all your money goes
DROP What you lost or the moment you leave the car keys at the auto-pawn store
GAMBLERS RUIN A mathematical formula for determining how quickly you will lose it all
LAYOUT The felt on the table that shows you where to place your bets; and what they do with gamblers who don't pay their markers (see MARKER)
LONG RUN The funny math that casino gamblers use to hope that somehow they will break even or come out ahead before they die (see LAYOUT)
MARKER An IOU when you borrow money on your casino credit; A variation of MARK which is what every casino employee has you pegged for
NUT The cost of operating the casino; the amount of the debt owed by the player; what casino patrons become as they walk in the door
PAYOFF The amount of the check you write to the casino
PAYOUT TABLE Fictional numbers and letters used to decorate video poker and slot machines, and to adorn felts on gaming tables
PIT An area of the casino where money is sucked out of the pockets of casino gamblers; also known for being bottomless because no one has ever seen their money again
RACK The convenient plastic holder used to temporarily hold casino chips before they are lost in the game
RAPID CRAPS A variation of the traditional game designed to take your money more rapidly
RAPID ROULETTE A variation of the traditional game designed to take your money more rapidly
RFB A term used to describe the room, food and beverages that the casino gives you so that you will stay longer and lose more
RIVER The final dealt card in a hand of poker; losing it all as in floating down the river
SCARED MONEY What we all have and what we all lost
SHOE A container used to deal cards in various card games; what you find in your butt when you have no money left
STACK How the dealers arrange your chips when you lose them
WHALE A gambler who makes huge bets; hunted for their oil and cash and hunted to the point of extinction in Las Vegas
I thought it was an interesting list of words and definitions. You can pass it around. Alan
