Gambling terms, explained straight

A–Z index

Gambling terms beginning with N

6 terms under N, each with a one-line summary. Follow a term for the full explanation.

Nap (horse racing tipster selection) Racing
In horse racing, a nap is the single selection a tipster is most confident will win that day.
Near miss slot machine Slots
A near miss in slots is a losing spin where the symbols stop just short of a winning line, making the loss look almost like a win.
Negative betting odds explained Odds & probability
Negative betting odds are American moneyline prices below zero that tell you how much you need to risk to make a 100-unit profit, marking the outco…
Nil bid in spades Card games
In spades, a nil bid is a declaration to take zero tricks during a hand, worth +100 points if successful and −100 if not.
No commission baccarat house edge Odds & probability
The house edge for a baccarat variant that drops the standard 5% commission on winning Banker bets, with the exact figure depending on the rule tha…
No vig sportsbook Sports betting
A no vig sportsbook is a sportsbook that removes the usual bookmaker margin from its quoted odds, so the bettor is not charged vig on the bet itself.