In poker, a drawing hand is a hand that is not yet “complete”; that is, one which does not yet rank highly, but which may later, depending on what cards a player receives. This contrasts with a made hand - a hand which is already somewhat strong.An illustrative example from Texas Hold ‘em: if Alice holds A♣ [...]

Faro is a card game, a descendant of Basset. It enjoyed great popularity during the 18th century, particularly in England and France, and in the 19th Century in the United States, particularly on the American Frontier, where it was practiced by ‘faro dealers’ such as the infamous Doc Holliday. It has since fallen completely [...]

After selecting their buttons, players assemble their dice. Most buttons have five dice, but some have more or fewer, and in certain cases the number of dice may change over the course of the game. The size—that is, number of sides—of most dice is specified and unchangeable, but most buttons have at [...]

The Kelly Criterion or as it is sometimes referred to as the Kelly formula is a formula used to maximize the long-term growth rate of repeated plays of a given gamble that has positive expected value. The formula specifies the percentage of the current bankroll to be bet at each iteration of [...]

In New Zealand, calling nicknames are not used as much as in the UK, but here are some of the more common ones. When calling, the caller will usually say both digits on their own first, and then the number itself, for example, “Three and two, thirty-two”. Some callers will use many [...]

Two partnerships of two players each are needed to play bridge. The four players sit around a table with partners opposite one another. The compass directions are often used to refer to the four players, aligned with their seating pattern. Thus, South and North form one partnership and East and West [...]

In gambling terminology a crimp is a bend that has been intentionally made on the corner(s) of a playing card to facilitate identification.A card cheat will typically bend some of the important cards during the game. Below are just several of the most popular examples.
In poker, for instance, a cheat may crimp [...]

A daily double is a type of wager offered by horse and dog racing tracks. It requires bettors to select the winners of two consecutive races. Because of the increased difficulty of picking two straight winners, wining daily double bets often pay off at relatively high odds.The daily double was the first [...]

A locals casino is a casino designed to attract residents of the area in which it was built rather than tourists or vacationers. The term is most commonly associated with Las Vegas.Locals casinos usually have a different mix of games than other casinos in the area. They usually offer higher payouts, [...]

A dead pool, or deathpool is a game of prediction which involves guessing when someone will die. Sometimes it is a bet where money is involved. The combination of dead or death and betting-pool, refers to such a gambling arrangement. A typical modern dead pool might have players pick out celebrities [...]