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>> Online Gambling Glossary - L
Laying the Odds - Betting on a likely
winner in spite of a payoff less than the amount wagered.
Most commonly seen in sports betting when there is a clear
favorite. Opposite of Taking the Odds.
Layout - The surface of a gaming table,
inclusive of the areas where players can place bets.
Let It Ride - To increase a bet by
two. To Press.
Load Up - To play the maximum number
of coins in slots or video poker.
Long Run - Theoretical term describing
the ultimate balancing-out of wins and losses over a long
period of time.
Loose - Slot machines with a high
payoff. Slang.
Low Poker - A kind of poker in which
the lowest hand wins. Also called Lowball. Opposite of High
Poker.
Lumpy - A dealer whose dealing is
not smooth. Slang. |
