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Glossary

Plain-language casino, sports betting, bonus and payment definitions. Search a term or select its initial.

Accumulator
A bet combining several selections. Usually every selection must win; void legs and special markets follow the operator’s rules. Explore related guides
American odds
Positive odds show profit on a 100-unit stake; negative odds show the stake needed for 100 units of profit. Explore related guides
Bankroll
Money set aside for gambling that you can afford to lose. A budget does not make gambling safe or profitable. Explore related guides
Blockchain
A shared record of transactions. Different blockchains have different addresses, fees and transaction rules. Explore related guides
Bonus
A promotional benefit subject to its own eligibility, wagering, expiry and withdrawal conditions. Explore related guides
Bookmaker margin
The pricing allowance reflected when the implied probabilities across all mutually exclusive outcomes add to more than 100%. Explore related guides
Confirmation
Evidence that a transaction has been included in the blockchain and, often, that additional blocks follow it. Required counts vary. Explore related guides
Decimal odds
The multiplier used to calculate total return, including the original stake, on a winning bet. Explore related guides
Deposit limit
A cap on deposits over a chosen period. It is different from a loss limit or wagering limit. Explore related guides
Expected value
A probability-weighted average outcome over repeated trials, dependent on the probabilities assumed. It does not predict a session. Explore related guides
Fractional odds
Odds such as 5/2 describe potential profit relative to the stake: five units of profit for every two staked. Explore related guides
Game contribution
The percentage of a wager that counts towards a bonus requirement; a 10% contribution credits 1 unit for every 10 wagered. Explore related guides
House edge
The theoretical average share of stakes retained by a game under specified rules, over the long run. Explore related guides
Implied probability
A probability calculated from the offered odds. It includes the effect of pricing and is not a forecast. Explore related guides
In-play betting
Betting after an event begins. Prices can move quickly and acceptance or settlement may be delayed under the rules. Explore related guides
KYC
Identity checks a service may use to meet applicable obligations and confirm account details. Exact requirements vary. Explore related guides
Live casino
Games streamed from a studio or venue with a real dealer or presenter; rules and technical arrangements vary by game. Explore related guides
Loss limit
A control that restricts net losses according to a specified period and calculation. Check what the platform counts. Explore related guides
Maximum bet
The largest permitted stake under a game or promotion’s rules. Breaching a bonus cap can affect eligibility. Explore related guides
Network fee
A blockchain transaction charge, separate from any charge imposed by a service. Amounts vary. Explore related guides
Over 2.5 goals
A football total-goals selection that wins with three or more goals in the period covered by the market rules. Explore related guides
Payline
A defined arrangement of reel positions used to evaluate winning symbols in some slots. Other slots use different systems. Explore related guides
Paytable
A game’s explanation of symbol awards, winning combinations and features. Read it together with the game rules. Explore related guides
Return
The amount paid back on a settled winning bet; distinguish total return, including stake, from net profit. Explore related guides
RNG
A mechanism that produces random outcomes for digital games. A previous result does not make a win due. Explore related guides
RTP
The theoretical proportion of stakes returned over very large numbers of plays under specified conditions, not a session promise. Explore related guides
Self-exclusion
A formal request to block access to gambling through an operator or available scheme. Coverage and duration vary. Explore related guides
Settlement
The application of market rules to determine the result and payment of a bet. Official corrections and void rules can matter. Explore related guides
Single bet
A bet on one selection. Its outcome is separate from other bets, subject to its market rules. Explore related guides
Stake
The amount placed on a bet, which can be lost. Repeatedly wagering returned funds increases turnover. Explore related guides
Time-out
A temporary break that restricts gambling access where offered; it differs from a longer self-exclusion. Explore related guides
Transaction hash
A transaction identifier used to look up its status on the appropriate blockchain explorer. It is not a private key. Explore related guides
Void bet
A bet cancelled under the applicable rules, often with the stake returned. Accumulator treatment must be checked separately. Explore related guides
Volatility
A description of the variability of game payouts. It does not establish when or how much a player will win. Explore related guides
Wagering requirement
The turnover that must qualify under a promotion’s rules. It is not an expected loss or a guarantee of withdrawal. Explore related guides
Wallet address
A destination identifier for a crypto transfer. Both the asset and network must match the recipient’s supported deposit instructions. Explore related guides