Gambling terms, explained straight

Poker

Pai gow poker betting

The money a player puts at risk on a single round of pai gow poker, wagering that their two arranged hands will beat the banker's corresponding hands.

Commission on wins
5% (rake/vigorish) in some casinos 12
Hand ranking rule
The five-card hand must outrank the two-card hand 1
Bet settlement
Both hands beat banker = win; one win, one loss = push; both lose = loss 1

Key points

  • After receiving seven cards, the player splits them into a five-card back hand and a two-card front hand. 1
  • The bet is settled by comparing each player hand with the banker's corresponding hand; both wins pay, one win/one loss pushes, and two losses lose. 1
  • Winning bets may be subject to a 5% commission, known as the rake or vigorish. 12

Where this term is used

Not the same as

  • Poker betting rules — generic betting rules for poker-style games, whereas pai gow poker betting is specific to the pai gow poker game and its banker-vs-player comparison structure
  • Pai gow poker odds — odds describe probabilities or expected outcomes, whereas pai gow poker betting is the act of placing the wager itself

Sources

  1. Pai gow poker en.wikipedia.org Provides the definition, hand-setting rules, bet settlement, and commission details for pai gow poker betting.
  2. Vigorish en.wikipedia.org Supports the 5% commission (vigorish) figure.

Sources are drawn from regulators, universities and published research, and each one is labelled with what it actually is — a preprint is not called a paper. Bookmaker and affiliate pages are never cited here, because a page that sells betting is not a neutral authority on it.