MORE BLACKJACK TERMINOLOGY
Bankroll: The stake (available money) a player
plans to bet with.
Flat Bet: A bet which you do not vary i.e., if you
are flat betting ten dollars, you are betting $10 each and
every hand without changing the betting amount from one
hand to the next.
Black Chip: A $100 chip.
Green Chip: A $25 chip.
Red Chip: A $5 chip.
Foreign Chip: A chip that is issued by one casino
and is honored by another as cash. A casino is not
necessarily obligated to accept them.
Settlement: The resolving of the bet. Either the
dealer takes your chips, pays you, or in the case of a
push, no exchange of chips occurs.
Toke: To "toke" the dealer is just another word for
tipping the dealer.
Marker: An IOU. A line of credit provided by the
casino to a player.
Junket: An organized group of gamblers that travel
to a casino together. Junkets are usually subsidized by a
casino to attract players.
Comp: Short for complimentary. If you wave lots of
money around, the casino may give you things like a free
room or free food, hoping you'll keep losing money at the
tables in their casino.
Heat: The pressure a casino puts on a winning
player, typically someone who is suspected of being a card
counter.
Shuffle Up: Prematurely shuffling the cards to
harass a player who is usually suspected of being a
counter.
Nut: The overhead costs of running the casino.
Pit: The area inside a group of gaming tables. The
tables are arranged in an elliptical manner, the space
inside the perimeter is the pit.
House: The Casino of course.
Cage: Short for cashier's cage. This is where chips
are redeemed for cash, checks cashed, credit arranged,
etc.
House Percentage: The casino's advantage in a
particular game of chance.
Drop Percentage: That portion of the player's money
that the casino will win because of the house percentage.
It is a measure of the amount of a player's initial stake
that he or she will eventually lose. On average this
number is around 20 percent. That is, on average, Joe
Gambler will lose $20 of every $100 he begins with.
Head-On: To play alone at a Blackjack table with
the dealer.
WAG Player: Wild Assed Guessing player.
SWAG Player: Scientific Wild Assed Guessing
player.
Tough Player: a player who can hurt the casino
monetarily with his or her intelligent play.
Counter: Someone who counts cards.
High Roller: A big bettor.
Mechanic: A manipulator of the cards, typically for
illicit purposes.
Shill: A house employee who bets money and pretends
to be a player to attract customers. Shills typically
follow the same rules as the dealer which makes them
somewhat easy to spot (i.e., they don't Double Down or
Split).
Pit Boss: An employee of the casino whose job is to
supervise Blackjack players, dealers, and other floor
personnel.
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