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Home :: Dictionary

Gambling Dictionary - L

Lace	Term for the Baccarat technique of mixing of cards after a shuffle.
Ladder Man	The casino employee who sits on a raised chair and oversees the game.
Lammers	This refers to the use of credit. Refers to the discs used to show the value of chips or checks. A term for someone who is fleeing law.
Land Based Casino	Used to refer to a physical casino.
Late Bet	Roulette term for a bet placed after the dealer calls “No more bets”.
Lay	Craps wager placed against a particular term.
Lay and Pay	The act of turning over the player’s cards and simultaneously gathering the cards.
Lay Bet	It’s a Craps bet that seven will be rolled before the wagered number is rolled.
Lay Down	A term for a bet or a wager.
Lay Odds	Sports betting term for the money placed on a team preferred to win. It is used to refer to the side bet in the game of craps placed on the Don’t after the come-out roll.
Layout	Refers to the design on the gaming table.
Leak	Used to refer to a failure of cheating effort.
Le Grand	Baccarat term for a situation when two cards total nine.
Le Patage	Used to refer to the options that can be taken when the ball lands in zero in the game of European Roulette.
Let it Ride	Term used to gesture the dealer that the player wishes to repeat the last wager but wants to include the winnings in the wager.
Levels	Used to refer to honest gaming accessories.
Light	Device which enables the player to see the cards he is dealt.
Light Bet	Refers to a bet that is below the minimum bet.
Light Work	Cards which have been altered as a part of cheating by being marked with very fine lines.
Limit	The minimum bet amount at a game.
Line Work	Cheating technique. In this technique small spots, swirls, curls or lines are made on the back design of the card for the player to identify them.
Load	Slot gaming term for playing with maximum coins. Craps term for a cheating technique where a weight is placed inside the dice.
Loader	A careless dealer who shows his hole card.
Locked Up	Situation when a dealer has to be at table for a longer time without a break.
Lock Up	Money or chips placed securely in the rake.
Long Bet	Wager that surpass the table limit.
Long green	Refers to money.
Looking for Action	Situation where a gambler is actively looking for a game.
Look out	Casino employee responsible for observing the casino floor and games.
Loose	Slot machines that pay out frequently. Term for a player who likes to take risk frequently.
Loss Limit	The fixed amount of money that can be lost in any gambling session.
Lottery	A draw of the sold ticket to find the winner.
Low Roller	Player to make small wagers. They are also known as grinds, tinhorns or suckers.
Luck	Something that is not defined by science or skill.
Lugger	Refers to a person who brings gamblers to a game.
Luminous Readers	Cheating technique. A special substance which can only be seen by wearing tinted glass is placed on the back of playing cards.
Little Joe	Craps term for a pairs of twos.