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Online Casino Gambling
Terms > L
Labouchere System
When a player uses a series of numbers to wager with,
and adds numbers with each loss, canceling some with
each win.
Ladderman
Casino employee who oversees baccarat games.
Lay Bet
A bet against the shooter on a craps box number, which
the house collects a 5 percent commission from, but pays
at True Odds if won.
Laydown
A wager.
Layout
The diagram illustrating the different bets on a
gaming table.
Lay the Odds
Any blackjack card counting system that is less
involved than some that use as many as seven different
point values for various cards; A less advance system
that only uses +1, -1 and 0.
Line Bet
A roulette bet, predicting one of six certain numbers
will win.
Live Crap Number
The individual craps combinations that pay off for the
dont-pass bettor, either 3 and 12 or 3 and 2.
Long End
A wager that has to pay more than it will be able to
collect.
Loose Machine
A slot machine that has been set to return a high
ratio of money compared to how much it takes in the
opposite being a tight machine.
Low Hand
The other hand, not the high-hand, in which a Pai Gow
player divides his four dominoes. |
