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gambling, betting, sports

Betting Glossary

Black Book,
The nickname frequently used to refer to a list of persons who are unwelcome in casinos.

Parlay

  1. to bet or gamble (an original amount and its winnings) on a subsequent race, contest, etc.
  2. A bet of an original sum and the subsequent winnings.

Rake,
Usually between 5-10% the rake is the scaled commission fee taken by a casino operating a poker game. As Poker is a player versus player game and the house does not wager against its players (unlike blackjack or roulette) so this fee is the principal mechanism to generate revenues.

Vigorish,
Or simply “vig”, or “juice”, is the amount charged by a bookmaker for his services. The term is Yiddish slang originating from the Russian word for “winnings,” vyigrysh. The concept is also known as the overround.
To find out more how to strike the luck, see RulesToWin

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