Glossary & Terms on Gambling Fun and Vacations

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Pari-mutuel

Definition:
Games in which jackpot prizes are awarded to numerous players holding the same winning tickets. The prize payment is determined by the number of winning tickets for that drawing.

Corner Bet

Definition:
A wager on four different numbers at the same time. Payout is 8:1

Dark Betting

Definition:
Making a blind wager.

On-Line Retailer

Definition:
Retail locations that sell On-Line games.

Distributor

Definition:
Any person or other entity who sells, offers for sale, or otherwise furnishes to any person supplies or equipment for use in the conduct of any game of chance authorized under this chapter and any private contractor qualified to conduct games of chance as authorized.

Cold

Definition:
To be on a losing streak.