Glossary Terms

Odds

The odds are the calculated chance that is offered by a bookmaker for a selection to win. Also known as the price, odds are usually displayed as fractional numbers, such as 3/1, but can also be displayed as decimal odds, such as 4.0. To convert odd returns between fractional and decimal use a fractional to …

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Odds against

Odds against refers to a bet where the potential winnings are higher than the stake. For example, at odds of 2/1, the first number displays the potential winnings based on the second number, the stake.

Odds on

Odds on refers to a bet where the potential winnings are lower than the stake. These types of odds are given for the favourite outcome. For example, if a horse is priced at 8/11 the first number displays the potential return based on the stake, which is displayed by the second number. So, you would …

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Offsuit

The term ‘offsuit’ is used to describe a starting hand where the two cards are of different suits. Suited hands will almost always be better than offsuit hands.

Omaha

Omaha poker is a popular variation of Texas Hold’em, known for its action and strategic complexity. The main difference between Omaha and Texas Hold’em is that in Omaha, players receive four hole cards instead of two, and they must use exactly two of these hole cards in combination with three of the five community cards …

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One pair

The term ‘one pair’ in poker refers to you having a hand that contains a matching pair. For example, if you hold 3 and 5, then comes 7, 9, 5 on the flop, the two 5’s make one pair. What is one pair in poker? In poker, a “one pair” is a hand consisting of …

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One-Gap

The term ‘one-gap’ in poker describes two cards that are two apart in rank, or not in a direct consecutive order and instead contain a gap of one. For example, Queen and 10, or 4 and 2.

Online Poker

Online Poker allows players to play this land-based casino game via the internet at an online casino. This can include Video Poker Games from providers such as Microgaming, Playtech, and Real Time Gaming. Live versions from Evolution Gaming allows players to see a live dealer in a central location deal the cards. There are numerous …

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Online slot

An online slot is a digital slots game played at an online casino. Online slots have a preset RTP (return to player) percentage which is the amount of money won by players versus bet on the game. Popular online slot games Divine Fortune Megaways Gorilla Kingdom Twin Spin Megaways Starburst Rome: The Golden Age Rage …

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Open Position

If you have an open position, you have a bet that has not been settled and is still running. It is possible to close out an open position at any point before the result is known, in order to cut losses or to take a profit.