It's called "Loot"

[Renault]

WTF is "lot"?

[Kat_Manx]

You lot for loot. You know, "cast lots."

[Fynlar]

Rolling for loot was known as casting lots in FFXI, and is probably known as that in at least a few other games in the genre.

If someone's telling you to lot they are telling you to hurry up and either roll or pass on something so that it drops.

[Crater]

"Lot", as in "lottery". When you roll for an item, you cast a lot on that item to decide who wins it. Colloquially, many people shorten the term from "I'm going to cast a lot on this item" to "I'm lotting [on] this item".

[TheCurls]

to lazy to type an extra o.

[ruinedmirage]

Also, character vs. toon
Fries vs. chips
"This is an FF first, MMO second" vs. "This is an MMO first, FF second"
My Kitten minion is better than your Puppy minion
and brought to you by the letter "A", as in potato, not potahto

[Renault]

I understand, but don't agree. To each their own though!

[TheMax1087]

I understand, but don't agree. To each their own though!

You don't get to not agree on it, it's not subjective. It's a literal definition.

[Elim]

I understand, but don't agree. To each their own though!

What? All they did was answer your question about what "lot" means. lol.

[Renault]

As in, still won't call it "lot." Also, I'll agree or disagree with whatever I damn well please, thank you!