Layout - Cloth on a gaming table. Markings tell you where you can place your bets.
Load up - To play the maximum number of coins per spin that a slot machine or video game will allow.
Lobby - The lobby is a portal within your casino software that lets you choose which game you want to play and gives you access to all the latest news and promotions.
Long Run - The number of rounds of play, hands or spins, needed for the ratio of wins to losses to reach a point where they are changed very little by the cumulative effect of outcomes.
Loose - Referred to slot machines that have a generous payout.
Low Poker - Also called lowball, is poker in which the pot is awarded to the hand with the lowest poker value.
Luminar or LuminAR - Illuminated roulette table made by John Huxley, suppliers of casino equipment. The LuminAR roulette table is eye-catching by illuminating the winning sections through the layout using high intensity LED’s. The effect is very similar to the Touch-bet Roulette flashing winning sections.
Marker - A check/cheque that can be written at the gaming tables by a player who has established credit with the casino. An IOU.
Martingale - Betting system based on doubling-up after each loss. See the Martingale System on this site.
Match Play - The competition system used in tournaments (usually card games) in which two participants play a series of games which ends when one player accumulates a required number of points. Each game could be worth one, two, or more points.
Maximum Bet - The highest bet you are allowed to make. Also in slot machines, a button that lets you bet the maximum coin size and the maximum number of coins taking into account the total number of paylines.
Mechanic - Slang meaning a dealer who cheats.
Megalats Jackpot - A Jackpot system (similar to the Mystery Jackpot), which unites their gaming machines spread over several Bumerangs gaming clubs. When playing on any of the gaming machines, in addition to winnings on the particular gaming machine, the player has an opportunity to win the Megalats Jackpot accumulation irrespective of the combination of bets and winnings.
Mini-Baccarat - The scaled-down version of baccarat, played with fewer players, dealers, and formality but following the same rules as baccarat.
Minilats Jackpot - A smaller version of Megalats Jackpot. See "Megalats Jackpot" above.
Money Put In Action - This is not the actual dollar amount of money you bring to the table to play with. Suppose that you sat down at a roulette table with a $100 and proceeded to play 90 spins over, say, three hours, betting $10 on each spin of the wheel.
Load up - To play the maximum number of coins per spin that a slot machine or video game will allow.
Lobby - The lobby is a portal within your casino software that lets you choose which game you want to play and gives you access to all the latest news and promotions.
Long Run - The number of rounds of play, hands or spins, needed for the ratio of wins to losses to reach a point where they are changed very little by the cumulative effect of outcomes.
Loose - Referred to slot machines that have a generous payout.
Low Poker - Also called lowball, is poker in which the pot is awarded to the hand with the lowest poker value.
Luminar or LuminAR - Illuminated roulette table made by John Huxley, suppliers of casino equipment. The LuminAR roulette table is eye-catching by illuminating the winning sections through the layout using high intensity LED’s. The effect is very similar to the Touch-bet Roulette flashing winning sections.
Marker - A check/cheque that can be written at the gaming tables by a player who has established credit with the casino. An IOU.
Martingale - Betting system based on doubling-up after each loss. See the Martingale System on this site.
Match Play - The competition system used in tournaments (usually card games) in which two participants play a series of games which ends when one player accumulates a required number of points. Each game could be worth one, two, or more points.
Maximum Bet - The highest bet you are allowed to make. Also in slot machines, a button that lets you bet the maximum coin size and the maximum number of coins taking into account the total number of paylines.
Mechanic - Slang meaning a dealer who cheats.
Megalats Jackpot - A Jackpot system (similar to the Mystery Jackpot), which unites their gaming machines spread over several Bumerangs gaming clubs. When playing on any of the gaming machines, in addition to winnings on the particular gaming machine, the player has an opportunity to win the Megalats Jackpot accumulation irrespective of the combination of bets and winnings.
Mini-Baccarat - The scaled-down version of baccarat, played with fewer players, dealers, and formality but following the same rules as baccarat.
Minilats Jackpot - A smaller version of Megalats Jackpot. See "Megalats Jackpot" above.
Money Put In Action - This is not the actual dollar amount of money you bring to the table to play with. Suppose that you sat down at a roulette table with a $100 and proceeded to play 90 spins over, say, three hours, betting $10 on each spin of the wheel.
Multi-Player Casino - A feature offered by online casinos that lets you play against other players.
MVG - Most Valued Guest, a title for loyal casino customers. A form of VIP membership club.
Mystery Jackpot - See "Megalats Jackpot" above.
Natural - In blackjack, a natural is a two-card hand of twenty-one points. In baccarat a natural is a two-card total of eight, or nine.
Negative Expectation - The long-run disadvantage or loss of a given situation without reference to any particular outcome; that is, what you figure to lose on average after a considerable time of play, or after a large number of repetitions of the same situation.
Net Winnings - Total payout less your stake.
Non-negotiable Chips - Promotional casino chips that cannot be exchanged for cash.
Non-value Chip - A gaming chip which the dollar value is determined by the amount of the buy-in and the amount of chips taken (example: in roulette). Thus, a buy-in of $300.00 for 60 chips equals a value of $5.00 per chip. In roulette, this is uaually established by the "Table Minimum Bet" amount displayed on the table.
Number Pool - The range of numbers from which you select the ones you want to play. A typical lottery pool ranges from 1 to 60, and the keno pool is 1 to 80. A Bingo pool can be 1 to 75 or 1 to 90.
Nut - Either the overhead costs of running a casino, or the fixed amount that a gambler decides to win in a day.
Odds - Ratio of probabilities. The casino's view of the chance of a player winning. The figure or fraction by which the casino offers to multiply a bettor's stake, which the bettor is entitled to receive (plus his or her own stake) if they win.
On tilt - Going 'on tilt' is a bad reaction to an unlucky hand resulting in uncontrolled wild play.
Open - In poker, the player who bets first.
Outside Bets - Roulette bets located on the outside part of the layout. They involve betting 12 or 18 numbers with one chip.
Overlay - A good bet where the player has an edge over the casino.
Paint - A Jack, Queen or King. Picture card. Face card.
Palette - The tool (usually a long flat wooden baton) used in the Baccarat game to move cards on the table.
MVG - Most Valued Guest, a title for loyal casino customers. A form of VIP membership club.
Mystery Jackpot - See "Megalats Jackpot" above.
Natural - In blackjack, a natural is a two-card hand of twenty-one points. In baccarat a natural is a two-card total of eight, or nine.
Negative Expectation - The long-run disadvantage or loss of a given situation without reference to any particular outcome; that is, what you figure to lose on average after a considerable time of play, or after a large number of repetitions of the same situation.
Net Winnings - Total payout less your stake.
Non-negotiable Chips - Promotional casino chips that cannot be exchanged for cash.
Non-value Chip - A gaming chip which the dollar value is determined by the amount of the buy-in and the amount of chips taken (example: in roulette). Thus, a buy-in of $300.00 for 60 chips equals a value of $5.00 per chip. In roulette, this is uaually established by the "Table Minimum Bet" amount displayed on the table.
Number Pool - The range of numbers from which you select the ones you want to play. A typical lottery pool ranges from 1 to 60, and the keno pool is 1 to 80. A Bingo pool can be 1 to 75 or 1 to 90.
Nut - Either the overhead costs of running a casino, or the fixed amount that a gambler decides to win in a day.
Odds - Ratio of probabilities. The casino's view of the chance of a player winning. The figure or fraction by which the casino offers to multiply a bettor's stake, which the bettor is entitled to receive (plus his or her own stake) if they win.
On tilt - Going 'on tilt' is a bad reaction to an unlucky hand resulting in uncontrolled wild play.
Open - In poker, the player who bets first.
Outside Bets - Roulette bets located on the outside part of the layout. They involve betting 12 or 18 numbers with one chip.
Overlay - A good bet where the player has an edge over the casino.
Paint - A Jack, Queen or King. Picture card. Face card.
Palette - The tool (usually a long flat wooden baton) used in the Baccarat game to move cards on the table.
