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UK
Casino Times
> Casino Glossary (M to P)
22 October 2005
Continuing
our series of terms online gambling fans are likely to come
across in internet casinos and UK casinos.
If you can think of any
terms beginning with M to P that we've missed out, or of any
words or phrases you'd like to know the meaning of,
Email
Us.
You can see the
full
casino glossary here.
M to P
Maiden: A horse that
hasn't won a race yet.
Martingale: A betting
strategy in which you double your stake after every loss.
The theory is that your first win will recoup all your
losses, plus your original stake. Experienced gamblers tend
to be scathing about martingale systems.
Maverick: A poker term
used to mean holding Jack and Queen hole cards.
Mechanic: A poker player
who cheats.
Muck: In poker, to
fold.
Middle pair: In poker,
pairing the middle-ranked card on the flop with a hole card
gives you a middle pair.
Mini-baccarat: In this
version of baccarat there are fewer players and dealers, but
the rules are same as the regular game. Like baccarat, the
object of the game is to make a hand that adds up to nine or
less.
Morning line: In horse
racing, the morning line is the approximate odds before
betting determines the exact odds.
Natural: In blackjack, a
natural is a two-card hand containing an ace and a 10. In
baccarat, a natural is a two-card hand adding up to eight or
nine.
Net winnings: The total
payout on a bet, minus your stake.
Nose: The smallest margin
a horse can win a race by.
Nut: Casino overheads or
the sum a player decides to win in a day.
Nuts: In poker, an
unbeatable hand.
Odds: Balance of
probability in favour of or against the same
result.
Odds-on bet: Definitions
vary depending on what country you're betting in. In the UK,
in an odds-on bet your winnings are less than your stake -
although obviously, you get your stake back. In the US, an
odds-on bet is a bet worked out in reverse and in Europe, an
odds-on bet is less than 2:1.
Omaha: A poker variation
in which players are dealt four pocket cards and have to use
two pocket cards and three community cards to make the best
high hand. In Hi/Low Omaha, there can also be a low-hand
winner.
On tilt: Wild,
uncontrolled play or betting.
Outsider: Not expected to
win.
Outside bet: An outside
bet in roulette is one made outside of the 37 numbers in the
main play area, eg: red or black, high or low, and odd or
even. Other outside bets are made on the columns at the end
of the 37 numbers, or on dozens - the first, second or third
dozen numbers.
Palette: The wooden baton
used in baccarat to move cards on the table.
Picture cards: Ace, king,
queen or jack.
Pigeon: An inexperienced,
naïve player.
Pineapple/Crazy Pineapple:
Poker variations similar to Hold 'Em.
Pit: A part of a casino
containing table games, where the centre area is restricted
to casino staff.
Pit boss: A casino
employee who supervises a gaming area, usually containing
more than one table.
Pocket cards: The cards
dealt to players face-down in poker.
Poker: A game online
gamblers love to play. There are many versions of poker but
most involve the ranking of hands and betting
rounds.
Pot: The money in the
middle of the poker table. The winner of each hand wins the
pot.
Price: Quoted
odds.
Punter: UK term meaning
someone who places a bet.
Punto Banco: A very
similar game to baccarat, except that cards are dealt to a
set of fixed rules and there are no optional
plays.
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