Casino Glossary: L
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Late Surrender: A rule in blackjack which allows a player to surrender half of his original bet after seeing the dealer's up card, he is allowed only to surrender if the dealer doesn't have blackjack.
Layout:
- In the game of baccarat refers to the imprint on the table that shows all bets that can be made within those areas, ie: 'Player', 'Banker' or 'Tie'.
- In the game of craps refers to the imprint on the table that shows all bets that can be made within those areas such as field, come, don't come, or box number amongst others.
- In general a design consisting of boxes and numbers imprinted on a felt table where various wagers can me made.
Lay The Odds: Generally to wager more money on a proposition that you can win.
Lever: The purpose of the lever (generally found on the right-hand side of most slot machines) these days is only for entertainment purposes as it does not produce a different result if the player uses the spin button. The original slot machines produced where mechanical and thus required the player to pull down on the lever to produce a winning or loosing outcome.
Loaded Dice: A dice that has been tampered with so that it affects the roll of the dice and thus the resulting combinations.
Liberty Bell: The name of the first 3-reel slot machine developed by Charles Fey. The machine name was derived from its bell tone that would ring whenever a jackpot was won.
Line Bet: Also known as a six line bet is a wager that anyone of six numbers will win, these numbers are two consecutive rows of three numbers on the layout.
Linked Machines: The purposes of linking machines is to offer players a large jackpot amount (higher than that achieve on a singular machine), each slot machine in the group contributes a small amount to the progressive jackpot amount, the amount continues to grow until it is won, if a player wins the jackpot, the jackpot amount is reset to the sole machine maximum payout figure.
Low Bet: This an even money, outside bet which the player bets on 18 numbers at the same time, (1-18).
Low Roller: The opposite of a high roller, someone who bets very small wagers.
