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1 definition by smackhero1

 
1.
"Action" as used in gambling typically refers to a bet or wager or just the general act of betting. More specifically, "action" can be used to mean either a live bet/bets or, in poker, a bet along with any calls for that bet.

Action may also refer to the total amount of money wagered by a player in a full gambling session. And in sports betting, a bet may be deemed "action" if it is valid. In baseball, "action" is a special type of bet wherein the bet still counts even if there is a change in starting pitcher, which is accompanied by a change in odds.
"Now, if any of you would like to take a long shot on the dog collar, we'll take that action."

"We've got lots of action on the table tonight."

"Where's the action?" (Who's turn is it to bet?)
smackhero1 tərəfindən 16 Dekabr 2009