Final Exam Flashcards
Title 31 also known as
Bank Secrecy Act
A dollar amount of wager placed in slot machine over specific period of time
Coin in
A term used by Casino employees to describe a big better
Whales
During a given time frame, total amount of cash plus markers at a table, on a shift, or in an entire casino.
Drop
The money the player should win or lose given average luck or in accordance with the statistical advantage of the casino.
Expected Value
Electronic surveillance equipment suspended from the ceiling and tied into a central observation point
Eye in the Sky
Bringing additional checks from the cage to the table to replenish the dealer’s bankroll
Fill
Funds put forth by a player to establish credit in a casino
Front Money
To make a prediction outcome and then back the decision with money
Gambling
Total amount of money that continually changes hands through a series of bets before it is actually won or lost
Handle
The secured room used to weigh, wrap, record, and verify the contents of the slot drop buckets.
Hard Count Room
In Blackjack, to request another card from the dealer
Hit
The amount of money won by the casino expressed as a percentage of the amount of money or credit exchanged for gaming chips
Hold Percentage
A device within the slot machine that holds a predetermined amount of coin used to pay out player winnings.
Hopper
A Mathematical winning edge that the casino gives itself by manipulating the rules of the games to ensure profitability.
House advantage
An executive, employee or agent of a casino licenses who may have a significant influence on the gaming operation.
Key Employee
An IOU or credit extended to a player
Marker
A piece of equipment for the tables that is a rectangular metal tray containing the table checks and silver, and lies flat in the middle of the table next to the dealer
Racks
A Sheet that indicates a player’s activity for comps.
Rating Slip
Computed by dividing win/loss by drop
Hold percentage
