Casino Terms O

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Odds - The amount a bet will pay off. For example, 100 to 1, 30 to 1, 2 to 1, etc.
Off - Term describing losing bets.
Off-Track Betting - Betting by gamblers not actually present at a race track.
On Tilt - Negative response to a losing poker hand.
One-Roll Bet - In craps, a wager that shall win or lose depending on a single roll of the dice.
Open - In poker, the first player to bet.
Outside Bet - In roulette, a wager placed on the outside of the table where 12 or 18 numbers are bet on simultaneously. Opposite of an Inside Bet.
Overlay - A bet whereby the player enjoys an advantage over the casino.