
P |
| P.C. | |
| The house edge expressed as a percentage. | |
| Paddle | |
| Tool used to push the money into the drop box. | |
| Pair | |
| French term for Even Bet. | |
| Parlay | |
| To double one's bet after a win. | |
| Passe | |
| French term for High Bet. | |
| Past Posting | |
| Placing a winning wager after a decision has been reached. Usually done by capping a bet. Doing this is a good way to get thrown out of the casino and/or spend some time in jail. | |
| Patience System | |
| A grind method of playing whereby the player waits for a certain number of decisions before placing a bet. | |
| Penny Ante | |
| A game played for small stakes. | |
| Pinching | |
| Illegally removing chips from a bet after an unfavorable decision. | |
| Pit | |
| An area consisting of a number of gaming tables. | |
| Plain | |
| Full number bet. | |
| Player-Clocking | |
| Watching to see which players have been winning and with what methods in order to use the Chameleon Strategy and mimic their betting patterns. | |
| Positive Progression | |
| Any system of wagering where you increase bets after a win. | |
| Power of the Pen | |
| The ability to issue hotel comps to players on the part of some casino executives. | |
| Premiere | |
| French term for first and refers to the first group of 12 numbers in the Dozen Bet. | |
| Premium Players | |
| A casino term meaning big bettors or players with big credit lines. | |
| Press | |
| To increase the amount wagered, usually by doubling it, after a win. | |
| Push | |
| A tie. | |
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