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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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