Gambling Glossary – L
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Laying the odds.
When you bet on a likely winner but the payout is less that you have bet.
Layout
The surface area of a gaming table where players can also place their bets.
Let It Ride
To press or double your bet.
Load Up
To play the maximum number of coins in video poker or slots.
Long Runs
What the balance may be after a long period of time in theory.
Loose
Slot Machines with a high payoff.
Low Poker
Poker that is won by low hands.
Lumpy
A dealer who deals the cards and the flow is not smooth
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