Casino Glossary

A B C D E F G H I J K L M N O P Q R S T U V W

N

Natural

[Blackjack] In Blackjack a natural is a two-card hand of twenty-one points.
[Baccarat] In baccarat a natural is a two-card total of eight, or nine.

Negative Expectation

The long-run disadvantage or loss of a given situation without reference to any particular outcome; that is, what you figure to lose on average after a considerable time of play, or after a large number of repetitions of the same situation.

Net Winnings

Total payout less your stake.

Non-negotiable Chips

Promotional casino chips that cannot be exchanged for cash.

Number Pool

The range of numbers from which you select the ones you want to play. A typical lottery pool ranges from 1 to 60, and the keno pool is 1 to 80.

Nut

Either the overhead costs of running a casino, or the fixed amount that a gambler decides to win in a day.