Basic Terms that Every Gambler Should Know

The online casino market is now generating a lot more traffic and revenue than ever before. This can only mean that more people are becoming interested in online gambling. As there seems to be an increase in interest for gambling in general, we thought it would be beneficial to discuss some of the most basic gambling terms that every new player should be aware of. So, without further ado, let us talk about the turns of phrase that you should know when visiting an online casino.

Croupier

Any fan of roulette might be aware of this one. Croupier is simply the French term for dealer. At a brand new online casino like Christchurch Casino you might see the term being used to reference the people running the craps and roulette tables. Those in charge of baccarat and blackjack will usually be called dealers. For any original game inspired by classic game shows, a lot of experienced online gamblers may use the term host. At the end of the day, all three words mean basically the same thing.

Bankroll

Every gambler knows that they should come to the casino prepared. Gamblers must know their limit, and usually there is a quantifiable metric for said limit; their bankroll. A bankroll is the sum of cash that a player can use to gamble. The most experienced of gamblers plan their bankrolls weeks in advance. The ironclad rule of creating your bankroll is understanding that it must be a sum of cash that you can afford to lose.

Beginner’s Luck

A classic casino term that has been a part of gambling jargon for centuries. Beginner’s luck is such a popular turn of phrase that it has even infiltrated everyday lexicon. In casinos it is used to describe a new player who wins an exorbitant amount of money on their first try. Many see the phrase as positive. In truth, beginner’s luck is often used as a warning for new players to not get very comfortable after they win a few rounds. Overconfidence can lead to some real issues at the gambling table.

RTP

Return to player, or RTP, refers to the overall amount of money that the casino expects will not be retained by the house. A lot of people who play casino games believe that return to player is in reference to the amount they can expect to win back. However, that is not the case. The RTP percentage refers to the overall money wagered on a specific game. Not on the amount of money that each individual player can expect to win back when playing at an online or land-based casino.

High/Low Roller

A high or low roller is a term referring to a player’s preference in betting limits. Low rollers tend to play small stakes. They wager lower sums and often play only for fun, knowing full well that they won’t win much cash. High-rollers are those players that like to take crazy risks. They may even be professional players who are testing their skills and pushing themselves to the limit.