Dime Review

What Is a Dime?

A Dime is a Canadian or American coin that is equivalent to 10 centavos in the dollar. The Dime features the U.S. former President, Franklin Roosevelt, and is also the third smallest denomination in America’s legal tender. When it comes to gambling, a Dime is typically used to refer to the amount of $1000. Players or bettors who want to wage a Dime state that they would like to place a Dime wage with the bookmaker or dealer. In some instances, this currency might refer to a smaller amount of money like one hundred dollars or even ten dollars.

Also, players might use the word Dime as slang to refer to nothing, this is also used as a metaphor to show that something is valuable. The Coinage Act of 1792 initially authorised this denomination.

Dime Explained

A Dime is a popular name for a ten centavo piece, part of the coins which make up a dollar in the American currency. This is also an idiomatic term for no money, like in the saying, “I don’t have a Dime to my name.” Most of the time, a Dime is used in British expressions that correspond to the penny, to show a considerable amount of money at hand or none at all. On the other hand, in a low-value game, a Dime might denote or refer to the cost of a spin of the slot reels. This is also referred to as a round play at the board or table.

In gambling, a Dime is often utilized to denote another higher amount of cash; usually one thousand dollars ($1000). More rarely, a Dime can denote one hundred dollars or also ten dollars. The common phrase in gaming in a Dime bet usually signifies that the player has placed a one thousand bet or wage. The word Dime is very common among bettors and gamblers who choose to be prudent and careful on spending their money or those people who are used to the common slang phrases. What’s more, it is also used in high stake boards and tables as well as in online sports betting. A Dime stake is often placed at the greyhound tracks or on horse-racing.

It is essential to know this slang term most especially in the world of gambling if you want to be cautious with spending your money.