Bankroll Also known as ‘roll’ or ‘wad’ (colloquial). It pertains to the total money that either the player or the casino has on hand to back their wagering activities. A player’s bankroll can be classified as existing on several different levels. At the highest level it pertains to all money specifically set aside to support all gambling activities. A subset of this bankroll is the players traveling bankroll, or the amount of money carried along to support gambling on a particular trip. The traveling bankroll can be further divided into a specific lesser amounts for each day of the trip, or into even smaller amounts called table sitting or session playing stakes which predetermine how much will be risked during any given session or table sitting. These different types of bankrolls often figure into the overall money management strategy the player uses to keep control over their gambling cash activity.
Betting Limits In a table game, the minimum and maximum amounts of money that a player can wager on one bet. You cannot wager less than the minimum or more than the maximum amount posted. Some casinos, in special cases, may extend the maximum limit at a table on request by the player.
Black Book The list of undesirable people who are forbidden to enter any casino in Nevada.
Capping Referred to capping of bets. Placing extra chips on top of initial bet after the deal has begun. It is a serious form of cheating by a player.
Cashier’s Cage The casino cash desk for cashing in the chips
Casino Advantage The edge that the House (casino) has over the players
Check In casino gambling, a check is another term for a chip. In poker, a player can ‘check’ in order to stay in the game but not bet.
Comps Complimentary gifts given by the casino to entice players to gamble. Typical comps include free hotel room, meals and beverages.
Cut Card A faceless card of different color, usually red or black, that is used to cut a deck of cards.
Doubling Down A betting option in blackjack where the player’s opening two-card hand is turned face up and player’s original wager is doubled. The player is then dealt one additional card only, to complete the hand. In the event that the player beats the dealer’s hand or the dealer busts, then the player wins twice the amount of their original wager. If the player loses, then the player loses twice the amount of their original wager.
High Roller A player that wagers big bets
Insurance In blackjack, a side bet that the dealer has a natural. Insurance is offered only when the dealers up card is an ace. The insurance bet wins double if the dealer has a natural, but loses if the dealer does
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.
Mini-Baccarat The scaled-down version of baccarat, played with fewer players, dealers, and formality but following the same rules as baccarat.
Pit An area of a casino in which a group of table games are arranged, where the center area is restricted to dealers and other casino personnel
Pit Boss A supervisor who oversees a gaming area. Usually supervises more than one table at the same time.
Pit manager is in charge of all the table games, enforcing casino policy. He deals with any problems that may arise during the shift where a crucial decision must be made that may lead to a customer being dissatisfied or angry. Also, he handles Comps and dodges undeserving customers who are trying to get free Room, Food, and Beverage.
Soft Hand In blackjack, any hand that contains an ace counted as eleven is called a soft hand.
Whales Casino Whales are high-roller players who know what they’re doing and back it up with huge bets and, in many cases, even huger wins. Playing at a table with casino whales can be an exciting adrenaline-packed ride like no other, but competing against one or more of them can be a dangerous endeavor indeed (unless, of course, you count yourself among them).
To find these casino whales you only need to look for those high roller casinos with the biggest stakes and the biggest payouts. Most half-decent casino guides on the web will indicate which online casinos cater to high rollers and which typically do not so much. Just to give you an idea, the top echelon of casino whales, of which only about 150 reportedly exist in the world today, might wager around $100 grand each hand and garner about $5 mil in credit from their high roller casino of choice.
Though many casino guides don’t necessarily use the terminology “casino whales”, you can easily locate the high rollers you’re seeking by looking for sites that cater to VIPs, have separate VIP rooms, bonuses, promotions, and other offerings.