You are here:

Gambling/Gambling 101?

Advertisement


Question
Hi there,

For years I've been baffled by the jargon of gambling...i.e. odds, spread, handicapping, etc etc.

Is there a user friendly book or website that I can read to get a basic understanding?  At this point I am unable to discuss the topic at all intelligently.

My primary objective is to learn about sports gambling, but "assume" the lingo of gambling is basically the same.  What do I know? ha

Thanks so much!

Cheri

Answer
Cheri,
For years, I have been baffled by the jargon of people 20 years younger than I am.  And the beat goes on...

Lucky for me, gambling lingo has stayed basically the same over the years.  Not sure why you want to get conversant in the lingo, except maybe you are a finalist on Jeopardy or something. If so, good luck!  Anyway, here are some resources:
http://www.werankcasinos.com/glossary.shtml
http://www.casino-info.com/gambling_tips/glossary_a_b.html
http://sportsgambling.about.com/library/glossary/blglossary.htm

The way All Experts email is set up, I can't tell if I sent you a direct link to those websites. After you check those sites out, you will know what juice and vig and spread and over/under mean.  Good luck!   CJ  

Gambling

All Answers


Answers by Expert:


Ask Experts

Volunteer


C.J.

Expertise

If you would like to understand spinning reel slot machines, video poker and multi-line video slot machines, I can help. Can answer most questions on odds, math, trends, myths and realities related to gaming devices at licensed casinos in the US. I have no winning "systems" to offer. Please limit questions to slot machines in licensed casinos. Please do not ask about table games, or how to fix a machine!

Experience

Work for a major manufacturer of gaming/slot machines, which are sold strictly to licensed casinos.

©2012 About.com, a part of The New York Times Company. All rights reserved.