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Chalk

Definition:
A team or player that, for the most part, is considered to be the favorite.

High or Low Bet

Definition:
A wager that the ball will land on a number that is between 1-18 or 19-36. Payout is 1:1

Tap City

Definition:
See "Bust".

Rake

Definition:
A portion of the pot that is taken out each hand. This is how the Casino makes it money.

Overlay

Definition:
When the odds are in the gambler's favor.

LOL

Definition:
Laughing Out Loud

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