Online Gambling Glossary - T

TAB - Totalisator Agency Board, or the regulating agency for Off-Track Betting.

Table Hold - The sum total of all money won by a casino table game from all players during an eight-hour period.

Table Stakes - In Poker, a limited amount of money available to a player for betting and raising: the money on the table, in other words.

Table Test - A test a dealer must pass before being hired by a casino. See Audition.

Taking the Odds - Making a wager that is less in amount that the eventual payoff if the wager is successful. The opposite of Laying the Odds. Together, Taking the Odds and Laying the Odds constitute the two major forms of gambling.

Tapping Out - Losing everything, causing the player to stop gambling.

Tell Play - Term associated with reading a player or a dealer's body language or facial expressions to guess Hole Cards.

Third Base - In Blackjack, the seat that is played last, just before the dealer's hand is played.

Third Street - In seven-card stud, the first round of betting. Called Third Street because players have three cards.

Three-Card Monte - Popular three-card game. Similar to Bragg.

Three of a Kind - In Poker, three cards of the same rank.

Ticket - A card.

Time Cut - Money charged for playing time in a casino or poker room.

Tip - A gratuity.

Toke - Short for token. A gratuity given to a dealer in either money or chips.

Token - A casino coin used to play slot machines.

Touch Wand - A device sometimes found on Video Keno machines to choose numbers.

Tournament - A competition among players for a set duration of time, often with widely varying rules.

Trips - Three cards of the same rank.

True Odds - The actual odds of an event happening, taking into account the Casino Edge.