iGaming Products┃ Live Casino
Live casinos or “live” casinos offer the opportunity to play with real dealers without visiting a gambling establishment but using only an online resource. Real dealers are in special studios with video cameras, from where the game is broadcast. A live casino is an online casino that is run in real-time by live human dealers. As such, players can play using their computers and have a full gaming experience like in a real land-based casino. Some live casinos even allow players to use a mobile device to play live games.
There are currently 18 names in this directory beginning with the letter L.
Last Longer
A side bet wagered between tournament participants to see who lasts longer. The last player to bust out of the tournament wins the bet.
Late Position
A position near the end (last seat). It’s one of the most advantageous positions at the table as it allows you to make a bet when you have the majority of the information.
Laydown
To make a fold. Sometimes implies reluctance to ditch the hand. “We thought for a long time but eventually made the laydown”.
Leverage
Refers to chips that have an influence on correct strategy despite the fact that they are not currently in play.
Limit (s)
Generally used to describe a game with a fixed-limit betting structure. All bets and raises occur in fixed increments. The minimum and maximum amounts that can be staked on a single bet.
Limit Poker
A betting structure in poker variants where players must bet or raise in pre-decided fixed increments.
Limp
Describes the action of just calling when there is no raise before us on the first betting round.
Live Casino
Game type which means a casino game with real dealers, broadcast over videolink in real time from a gaming studio, such as roulette and blackjack.
Live Common Draw Blackjack
Live Common Draw Blackjack is a type of Live Casino Blackjack game where many players can participate simultaneously, unlike traditional blackjack which permits
Live Dealer Games
Online casino games where players can play against real dealers using real gaming tables via real time video feeds.
Lottery / Lotto
A lottery is procedure for distributing something (usually money or prizes) among a group of people by lot or by chance. The most common type of lottery involves many people purchasing lottery tickets to win a major prize. In some cases, the winning tickets are drawn from a barrel composed of all tickets sold (called sweepstakes). In other cases, a set of numbered balls are randomly drawn from a barrel and winning tickets must match the numbers drawn. Popular public lotteries in Australia are Powerball, Oz Lotto and Set for Life.
Low Hand / Lowball
Refers to a poker variant which makes use of a “low” hand ranking system. The easiest way to conceptualize this is with the phrase “worst hand wins” although it’s slightly more complex than this in reality. In lowball variants of poker the objective is to make the best “low hand”. Check out this glossary entry for a guide on how different low hand rankings work across several poker variants.