To fade means to bet against, particularly when referring to betting against a person. In gambler parlance, a dime is a $1,000 wager.ĭouble down is a blackjack term and is the name of one of the decisions that a player can make as the game goes on.ĮV, or expected value, is what the player could expect to win or lose per a single game if he was to place the same bet in the same situation an infinite number of times. In most cases, covering the bet simply means accepting the bet for play or putting enough money on the line to pay for the action.
In poker, a cooler is a case in which somebody plays a very strong hand that justifies placing the maximum bet, but is still beaten by an even stronger hand. In sports betting, picking the chalk or betting the chalk means betting on the favorites.
In poker, a bean or an ante bean is a term that refers to the ante or the chip that is used to place the ante. In poker, going all in means betting your entire stack on a single hand.