Player & Game Terms

A shoe game is dealt from a device holding multiple decks, usually until a cut card triggers the shuffle procedure.

A plain-English casino definition of streaks, why they feel meaningful, and why they usually do not predict the next result.

A hot streak is a cluster of favorable results that describes the past but usually does not improve the next wager.

A cold streak is a cluster of losses or poor results caused by short-term variance, not proof that a game is due to change.

Martingale.

Paroli system.

Flat betting.

Pressing a bet means increasing the next wager, usually after a win. It changes the size and volatility of play, not the house edge.

Hedging uses a second wager to offset some or all of the risk in an existing position, usually in exchange for lower potential profit or added betting cost.

A bet spread is the ratio between a player’s smallest and largest wagers, such as $25 to $200 or 1-to-8.

Bankroll mgmt.

WR.