Glossary & Terms on Gambling Fun and Vacations

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Terminal

Definition:
The Lottery computer (gaming system) that generates tickets.

Tie

Definition:
Two or more hands that of equal winning value, therefore the prize is split.

Raise

Definition:
To bet.

Punter

Definition:
Slang for Casino Gambler.

Double Down

Definition:
To win a bet and then bet the same bet again along with the winnings.

Jackpot

Definition:
The top prize for a lotto game. Jackpots are usually parimutuel. If not won in the next drawing, they "roll" to the next drawing and increase in size.