What is paper in gambling?
The short answer
Money. The word gamblers use so they never have to say money.
Watch the lesson
Play the Paper videoBetting slang explained
Knowing the language is step one — knowing the true price is the edge. The Cold Line’s signal desk tracks the no-vig fair number and the closing-line value behind terms like this, before the market moves.
In plain English
In gambling talk, nobody says money — they say paper. The roll in the pocket, the amount on the line, what you got paid in: all paper. If someone is "holding paper," they are holding cash.
What to remember about Paper
The definition
Money. The word gamblers use so they never have to say money.
In plain English
In gambling talk, nobody says money — they say paper. The roll in the pocket, the amount on the line, what you got paid in: all paper. If someone is "holding paper," they are holding cash.
Example in context
"Joey Jacoby called — he hit his limit and is asking for temp credit. He says he can get Vito paper tonight."
Questions about Paper
- What is paper in gambling?
- Money. The word gamblers use so they never have to say money.
- What does paper mean in plain English?
- In gambling talk, nobody says money — they say paper. The roll in the pocket, the amount on the line, what you got paid in: all paper. If someone is "holding paper," they are holding cash.
- Can you give an example of paper?
- "Joey Jacoby called — he hit his limit and is asking for temp credit. He says he can get Vito paper tonight."
Check yourself
Term quiz
Check yourself: Paper
1.In gambling talk, paper means…
2.“He posted up in paper.” What did he do?
3.Someone described as “holding serious paper” is…
Keep learning
Explore the next question before you place a bet.
Put the concept to work
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