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Parlay

Parlay is generally understood to be a bilateral agreement stating that one of the parties must pay a monetary reward in the event of a loss. In betting, wagering is betting money.

Pattern deck

Pattern deck is a pack of cards which were marked by the malefactor for the purpose of reaping the benefit, fraud against the other process actors or dealer.

Play money mode

Play money mode is a gambling option when digital cash is used. They cannot be withdrawn or exchanged, therefore representing the safest form of gambling. The "play money" can be conventional monetary units or virtual currencies, for example, dollars.

Profit margin

Profit margin is the bookmaker's earnings. This amount is considered when calculating the odds, and it does not depend on the outcome of the event. The margin allows the company to exist and is used for its growth. The lower the ratio, the greater the margin.

Proxy

Proxy is a bettor gambling not for himself or herself, but on behalf of a third person, betting this person's money. Customer is a person who, due to certain circumstances, cannot or does not want to engage in betting on its own.

Psychic bid

Psychic bid is a behavior creating the opponent’s impression which is contrary to the reality. For example, you have the losing combination on hand but your behavior evidences the opposite.

Public bet

Public bet is the outcome that many people have staked on. The world's best teams and top athletes are the selection. For many, winning is obvious, but there are many examples of resounding defeats, this is why experienced bookmakers won't bet on such events.

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