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Glossary & Terms on Gambling Fun and Vacations

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Annuity

Definition:
A prize paid out in installments, typically over 20 or 25 years

Bluffing

Definition:
To bluff is to play as if you have a winning hand so that others believe so, when in fact, you do not.

Holding Your Own

Definition:
To break even when gambling.

Outside Bet

Definition:
Outside bets are for any of the bets they pay 1:1 such as red/black, high/low, and even/odd

Wrap Up

Definition:
The last game of a Bingo session.

Bill

Definition:
Slang for 100 dollars.

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Gambling News

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Borgata PowerPrize Jackpot Pays Out Over 2 Million Dollars

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Gambling FAQs 

Who can play the Lottery?

With each pull of the handle, or push of the button, a slot machine begins the process of randomly selecting the next alignment of symbols. If a slot machine malfunctions it cannot complete the random selection process, and therefore reverts to a "tilt" mode. When a malfunction occurs some slot machine manufacturers, for engineering purposes, set the reels to stop briefly in a "jackpot" position. When this happens a player may see the reels momentarily stop at a jackpot alignment and then go into a slow spin. This often causes the player to believe a jackpot has been won. In recent years slot machine manufacturers have changed the "stop" location to other than a jackpot alignment to help prevent the misunderstanding.
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 Daily Term

Overlay

Definition:When the odds are in the gambler's favor.

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