Vocabulary with Gambling Terms
Gaming Facility Supervisor: A person in a supervisory capacity required to perform certain functions, including but not limited to, slot managers, slot shift supervisors lead slot technicians, keno managers, keno supervisors, pit bosses, gaming facility shift managers, the assistant gaming facility manager and the gaming facility manager.
Gaming Services: The provision of any goods or services to the Tribe directly in connection with the operation of Class II or Class III gaming in a gaming facility, including maintenance or security services for the gaming facility; junket services; gaming schools; testing of gaming equipment; and manufacture, distribution, maintenance, or repair of gaming equipment.
Gateway: A computer that connects one computer to another.
Gross Gaming Revenues: Money won by the casino through gaming activity less money paid out to players as winnings.
Handle: The total amount wagers by the player including money won on previous games.
High Stakes Bingo: The type of bingo that is played in Tribal casinos. The prizes are larger than at bingo games run by charitable organizations, such as a churches. Hold: Money from player’s drop won by the casino.
Hold Check: A check that is held in the custody of the gaming facility and that has not been deposited at the request of the issuing customer. House: A gaming facility. House Bank Game: Each player opposes the gaming facility and the gaming facility opposes each player on behalf of the Tribe.
Imprest Basis: The basis on which cashier’s cage funds are replenished from time to time by exactly the amount of the expenditures made from the funds and amount received and in which a review of the expenditure is made by a higher authority before replenishment.
In Action: A term used to describe a gambler when gambling. Some describe it as a psychological or physiological arousal.
Indian Lands: All lands within the limits of any Indian Reservation or any title to which is either held in trust for the United States for the benefit of any Indian Tribe or individual or held by any Indian Tribe or individual subject to restriction by the United States against Alienation and over which an Indian Tribe exercises governmental power (Indian Gaming Regulatory Act, P. L. 100-497 [S. 555]).
Indian Tribe: Any Indian tribe, band, nation, or any other group or community of Indians because of their status as Indians, and it is recognized by the Secretary [of the Interior] for the special programs and services provided by the United States to Indians because of their status as Indians, and is recognized as possessing the powers of self-government (Indian Gaming Regulatory Act, P. L. 100-497 [S. 555]).
Internet: All computers that are connected together into a huge global network so that they can talk to each other.
Internet Address: Internet users encounter two important types of addresses: e-mail address, for sending e-mail to someone, and WEB page addresses, more properly called URLs.
Intrastate Wagering: Pari-mutuel wagering at an off-track wagering facility on Oregon racing events being run at an Oregon host association.
Limit: The maximum amount that customers may wager at a particular table.
Line: The minimum and maximum amount that customers may wager at a particular table.
Logs: Document used for recording and tracking information and activity.
Keno: A game of chance where players pick numbers on a grid similar to lotto.
Lawful Gambling: Games including pull tabs, bingo, tip boards, paddlewheels, and raffles that are operated by nonprofit groups under state regulations.
Lottery: A game of chance in which tokens, keys, or other objects are sold. Of these items, only one is the winner. The winner is usually selected randomly by a drawing.
Machine Payout: The amount paid out to the customer by a coin/ currency operated gaming as the result of a winning combination. Master game report (game count sheet, stiff sheet, pit report): A form used to record, by shift and day, each table’s winnings and losses. This form reflects the opening and closing table inventories, the fills and credits, and the drop and win.
Meter: An electronic or mechanical apparatus in an electronic gaming device. May record the number of coins wagered, the number of coins dropped, the number of times the handle was pulled, or the number of coins paid out to winning players.
Meter Reading Summary: A report reflecting the meter reading on electronic devices. The number is recorded when the drop bucket and/ or bill validator is removed from the cabinet.
Modem: A device that lets your computer talk in the phone or cable TV. Derived from modular/ demodular
Net: A network or, when capitalized, the Internet itself. When these letters appear as part of an address— www. ngisc. gov, for example— it indicates that the host computer is run by a networking organization, frequently as ISP in the United States.
Net Proceeds: Amount of money left after all prizes are given out, taxes are paid out, and expenses are paid.
Net Revenue: The amount of money a gambling enterprise makes in profits after payment of prizes.
Network: Computer that are connected. Those in the same or nearby building are called local-area networks, those that are farther away are called wide-area networks, and when you interconnect networks all over the world, you get the Internet.
Non-Banking Games: A casino where the player risks money against the money of another player, includes pari-mutual systems.
Odds Maker: One who determines the odds as to the probable outcome of an event.
Off-Track Betting: Pari-mutuel wagering conducted on a race at a location other than the race course where the race is actually being held. Off-Track Facility, Intrastate Wagering Facility, Extended Wagering Facility: Physical premises, utilized for the conduct of pari-mutuel wagering on racing events being run elsewhere.
Outpatient Treatment: A patient who receives treatment through services provided in the home community without being hospitalized, e. g. Gambler’s Anonymous.
Paddlewheel: Round wheel that is used in some games of chance. Sometimes used in raffles to select winning numbers.
Pari-Mutual Systems: A form of gambling where the gambling establishment pools the bets of the players and does not risk any of its own money. The winnings are taken from the pool of bets. The value of winnings is decided on by the pattern of bets placed by the players.
Par Sheet: A document, provided by the electronic gaming device manufacturer, which depicts the possible outcomes from the play of an electronic gaming device, the probability of occurrence of each, and the contribution of each winning outcome to the payback percentage of the electronic gaming device.
Password: A secret code used to keep things private on your computer. Pathological Gambling: Addiction to gambling as defined in the DSM-IV marked by the inability to stop gambling despite harmful effects to a person’s personal life, family or job. It is considered a treatable addiction.
Payout: The amount paid out on a winning wager. Payout Schedule (Award Schedule Card, Award Schedule): A statement printed on cards, paper, Plexiglas, and so on, of the payoffs or awards applicable to a particular game or device.
Pit: The area enclosed or encircled by an arrangement of table gaming stations in which gaming facility personnel administer and supervise the games played at the tables by the patrons located on the outside perimeter of the area.
Player: One person to whom a hand has been dealt.
Policy: A plan or course of action designed to influence and determine decisions and actions.
Procedure: A way of performing, or a method used, in dealing with the affairs of a business.
Problem Gambling: Heavy gambling done by people who are not fully addicted but experience problems related to their gambling.
Procedure: A way of performing, or a method used, in dealing with the affairs of a business.
Public Key Cryptography: A method for sending secret messages whereby you get to keys: a public key you give out freely so that people can give you secret messages and a second, a private key that decodes them.
Pull Tabs: A game of chance in which the player pulls tabs on a card to match symbols to find out if he/ she wins or loses.
Rake: The fee the gaming facility charges a customer for using a position at a gaming table.
Risk: The possibility of losing an amount of money that is bet on the outcome of an event, contest, game or machine
Server: A computer that provides a service, such as e-mail, Web data, Usenet or FTP, to other computers known as clients, on a network.
Simulcast or Simulcasting: Live audiovisual electronic signals emanating from a race meeting and transmitted simultaneously with the running of the racing events at the meeting, and includes the transmission of pari-mutuel wagering odds, amounts wagered and payoff on such events, and other programming relating to the race animals or participants.
Slot: A term often used to describe an electronic video lottery terminal.
Soft Count: the count of the contents in a drop box or bill validator. System of Internal Control: Plan of organization and all of the coordinated methods and measures adopted within a business to safeguard its assets, check the accuracy and reliability of its accounting data, promote operational efficiency, and encourage adherence to prescribed managerial policies.
Table Game Win or Loss: Plan of organization and all of the coordinated methods and measures adopted within a business to safeguard its assets, check the accuracy and reliability of its accounting data, promote operational efficiency, and encourage adherence to prescribed managerial policies.
Tribal Gaming Operation: The economic entity that is licensed by the Tribe, operates the games, recieves the revenues, issues the prizes, and pays the expenses involving the Class III games authorized under the Tribal-State Compact. A gaming operation may be operated by a tribe directly; by a management contractor; or, under certain conditions, by another person or other entity.
Tribe: The respective federally recognized Tribe, Band, Nation, Pueblo, Rancheria or any of its authorized entity( s), body( s), offical( s), agent( s) or represenbative( s). Tipboards: a game of chance in which tickets are sold off a board and then the seal is broken to show the winner.
Video Gaming Device/ Video Lottery Terminal/ VLT: Gaming equipment that is electric or electronic which plays a game involving an element of prize, chance and consideration, some of which are affected by skill, which device is activated by insertion of currency, or by the use of credit, and which awards game credits, which are redeemable by a written statement or a ticket redeemable for cash. The gaming equipment may be linked to a central computer for purposes of security, monitoring and auditing. An electronic gaming device.
Wager: A sum of money or thing of value risked on an uncertain occurrence.
WWW (World Wide Web): A hypermedia system consisting of computer networks that lets you find and browse through information.