Q: please tell me what the "Laying the Odds" is

Category: glossary , Asked by: B. C. From Tilburg, Netherlands

A: Betting on a likely winner in spite of a payoff less than the amount wagered. Most commonly seen in sports betting when there is a clear favorite. Opposite of Taking the Odds. Visit Mummys Gold

    what is "Base"?

    Category: glossary by Alondra A. From Ireland

    The area on a Craps table where most of the bets are placed.

    what is a "Quarter"?

    Category: glossary by Marcus L. From United Kingdom

    the "Quarter " is A $25 chip.

    what is a "Social Gaming Event"?

    Category: glossary by Maryam U. From East York, Canada

    the "Social Gaming Event " is an event where the gaming activities are ancillary or complementary to a social occasion such as a dinner or dance sponsored by the licensee of the Social Gaming Event, or as approved by the Registrar. No more than a total of 20 blackjack tables and/or wheels of fortune may be operated at a Social Gaming Event.

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