Now That You Can Walk the Walk, It's Time to Talk the Talk:
Here's a quick course in the language of craps. It will help if you're at least conversational. Don't worry, in time, you'll be fluent.

Seven Out: The rolling of a 7 after the point has been established

Hardway Bet:
A wager that the 4, 6, 8, or 10 will be rolled as a pair before being rolled easy or a 7 is thrown

Yo: The number 11 as called by the stickman and players to differentiate from the number 7

Off: Request made by a player to inform the dealer his bet will not be in action on the next roll of the dice

Natural: Rolling a 7 or 11 on the come-out roll

Don't Pass Line Bets: On Don't Pass Line bets, if the shooter rolls a 2 or 3, it is a Don't Pass Line winner. If the shooter rolls a 7 or 11, it is a Don't Pass Line loser. If the shooter rolls a 12, it is a "push" or tie. Any other number rolled (4,5,6,8,9,10) becomes the shooter's point and you win when the shooter rolls a 7 before the point is repeated.

Come and Don't Come Bets: The same as Pass and Don't Pass Line bets, but they may only be made by the dealer after the shooter has established the point.

Place Bets: A bet placed by the dealer any time after the point is established on numbers 4,5,6,8,9, or 10, which must be repeated before a 7 is rolled.

Field Bet: A one-roll bet placed by the player that may be made on any roll. If 3,4,9,10, or 11 rolls, player wins even money. If 2 or 12 rolls, player wins double.

The Odds: After the point has been established, you may take or lay odds in addition to your original wager.

Pass Odds 6 and 8 = 6 to 5 5 and 9 = 3 to 2 4 and 10 = 2 to 1

Don't Pass Odds Lay 6 to win 5 Lay 3 to win 2 Lay 2 to win 1

Place Bet Odds 6 and 8 = 7 to 6 5 and 9 = 7 to 5 4 and 10 = 9 to 5