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Gambling Dictionary


L
Lace

In the game of baccarat a way in which the dealer mixes up the cards after shuffling

Ladder Man

The casino employee who watches the game of baccarat from high-up

Lady

Another word for the Queen

Lammers

In the game of baccarat the plastic disks which denotes the amount of commission owed by the players to the casino

Late Surrender

In the game of blackjack when you surrender your cards after the dealer has checked their hole card first

Lay Bet

In the game of craps a bet that the 7 will be bet before the number

Lay Down

In poker when a player reveals their cards before the showdown

Laying the Points

When a gambler bets on the favourite

Limit

The maximum amount that a gambler may bet on a single bet

Limit Poker

A version of poker where a player can only be amounts between two fixed numbers i.e. $30-$50

Line

The listed odds on a game or event

Linemaker

The person who specifies the odds

Live Card

A card which has not been seen or dealt yet

Live Hand

In poker a hand which has yet to be folded

Load

To add a weight inside a dice so that it lands on certain numbers more than others

Lock

In the game of poker an unbeatable hand

Look

In poker to call a bet

Loose Play

In poker when a player is using a high risk betting strategy

Loose Machine

A slot machines which has been set at a high percentage payout

Long Term

The concept that the casino will always win in the long term but which it is possible for a player to win short term

Low Ball Poker

A version of poker in which the ace is a low card and the player with the lowest hand wins

Low Pair

In the game of poker a pair of cards which a player can not open the betting with

Low Poker

A version of poker in which the ace is a low card and the player with the lowest hand wins

 
 
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