JKL

  • Jackpot – A large win on a slot machine.
  • Jacks or Better – Draw poker in which a pair of Jacks is the minimum hand permitted to start the action.
  • Joker – The 53 rd card in a deck, sometimes used as a wild card.
  • Juice – The bookmakers commission for taking a bet.
  • Keno Board – A large electronic board that displays the winning keno numbers.
  • Keno Lounge – The main area within a casino where keno is played.
  • Keno Runner – A casino employee who shuttles a keno bet from wherever the player is to the keno writer, and also delivers payment for winning tickets.
  • Kibitzer – A spectator at any game who usually dispenses unwanted advice.
  • Kick – One’s own pocket.
  • Kicker – In a draw poker game, an odd high card held that doesn’t contribute to a straight or a flush, usually an ace or a king.
  • Kicker Trouble – Not having as high a kicker as an opponent.
  • Knock – To cast disparaging remarks about someone. Usually done behind his or her back.
  • Kojak – A hand that contains a K-J.
  • Ladies – Two Queens.
  • Lady – A Queen.
  • Lay Bet – A bet that a particular number (4, 5, 6, 8, 9, or 10) will not be rolled before a 7 comes up.
  • Lay The Odds – Odds bet against the number that pays off at less than even money.
  • Lay Wager – Betting against a point number that has been thrown by paying a 5% commission.
  • Laydown – A wager.
  • Laying The Points – Betting on the favorite.
  • Layout – The graphic table cover that indicates all places where wagers can be placed.
  • Let It Ride – A poker game.
  • Limit – Definition 1: Maximum amount a player may wager on a specific bet or event. Definition 2: Maximum amount a player may increase a previous bet (at poker, etc). Definition 3: Maximum amount bet before the casino/bookie changes odds and/or the points.
  • Limp In – In poker, to enter the pot by calling rather than raising.
  • Line – The listed odds or points offered on a game.
  • Line Maker – A person who establishes the original and subsequent betting lines.
  • Little Joe – A pair of 2s.
  • Live Hand – A hand that could still win the pot.
  • Live Horse – A horse considered to be in shape to run his best.
  • Live One – A player with money looking for action.
  • Load Up – To play the maximum number of coins per spin that a slot machine or video game will allow.
  • Loaded – A person with a large bankroll.
  • Lock – Best bet, an easy winner, a no brainer.
  • Loose Slots – A loose slot indicates a machine with a higher payout over a period of time.
  • Low Ball – A poker game in which the pot is awarded to the hand with the lowest poker value.
  • Low Poker – A poker game in which the pot is awarded to the hand with the lowest poker value.