Posts Tagged ‘one armed bandits’
Video Poker Machine Talk Part10
Nut: The total amount of money needed to run a casino or the total amount of money an individual needs to succeed at what he is doing.
Odds: The bet that pays off at true odds in craps. Not availble in video poker. Also, the likelihood of a given event happening.
Off: To remove a bet from play at craps for one or more rolls. Means no decision will affect that bet.
On: All your bets are working or at risk on the next roll.
One-Armed Bandits: The term given to slot machines at a time when they were sold and distributed by less-than-rep-utable individuals.
One Roll Bet: A bet that will be decided on the very next roll of the dice. All one roll bets are Crazy Crapper bets and should be avoided.
One Roll Hardway: The next roll will be a four, six, eight or 10 made with doubles. Usually not available at video craps.
On the Square: A game that is honest.
Outside numbers: The box numbers four, five, nine and 10 on the craps layout.
Paint: A picture card. When a player says, "Paint me," he wants a picture card.
Pair: In poker, two cards of the same denomination.
Parallel Dealing: In video poker, cards are dealt with their replacement cards already behind them. When you discard initial card, the replacement card is revealed.
Parlay: To double one's bet after a win.
Pass: A win by a shooter at craps, either on the come out roll or by making his point.
Pass Line: A wager with the shooter that he will make his point.
Pat Hand: Any hand in a card game that does not require getting additional cards.
Patience System: A grind method of playing whereby the player waits for a certain number of decisions before placing a bet. The Captain's methods of play all require a certain amount of patience.
Pay line: The line upon which a player is paid at slots. Generally corresponds to the number of coins played.
Payout Meter: A numerical counter with a visible display that keeps a running count of the coins played and paid out after each win.
Payout Percentage: The percentage of the money played that is returned to the player.
P.C.: The house edge expressed as a percentage.
Penetration: How deeply a dealer deals into a deck or a shoe at blackjack.
Penny Ante: A game played for small stakes.
Pilgrim's Progression: The Captain's method for getting more money on the table during a hot roll. To be used in the High Roller System. A limited version of this could be used in video craps. See my book, Beat the Craps Out of the Casinos: How to Play Craps and Win!
Place Bet: In craps, going directly up on a number. The house pays the bet at house odds and not true odds. Usually not available at video craps.
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Tags: one armed bandits, slot machines, video craps, video poker cards