Casino terms, decoded
Legal techniques that create a player edge, such as card counting in some live blackjack games.
Money set aside for gambling that you can afford to lose.
The mathematically best blackjack play for each hand and dealer upcard.
A share of net losses returned to you, often weekly.
A bonus whose funds can be withdrawn after wagering.
How your odds compare with the final market price before an event. A key measure for sports bettors.
Free rewards, such as meals or rooms, given to regular players.
A cap you set on how much you can add in a day, week or month.
The expected advantage one side has per unit bet. A house edge of 2% means $2 lost per $100 bet on average.
The average result of a bet over many repeats, in dollars or percent.
Slot spins awarded for free, often with their own wagering rules.
How much each game counts toward bonus wagering.
The casino's built-in average advantage, equal to 100% minus RTP.
A formula for the stake that maximises long-run bankroll growth given a real edge.
Know your customer. ID checks required before you can withdraw.
A spin that pays less than the bet but triggers win sounds and lights.
A system of doubling bets after losses. It does not change the edge and can lead to large losses.
The largest bet allowed while a bonus is active.
A result that looks close to a win, such as two jackpot symbols plus one off the line.
The bookmaker's margin, found by adding implied probabilities across all outcomes and subtracting 100%.
How long a withdrawal takes from request to money in your account.
A prize pool that grows with every bet until someone wins it.
A cryptographic method that lets players verify a game result was not altered, used by some crypto casinos.
A tie where your bet is returned.
The commission a poker room takes from each pot.
A timed reminder showing how long you have played and what you have spent.
The percentage of wagered money a game pays back over the long run.
Random number generator. The software that decides outcomes in online games.
The probability of losing your entire bankroll before reaching a goal.
Another word for wagering requirement.
A block you request on your account or across operators for a chosen period.
A bonus that cannot be withdrawn, only used to play.
A loss amount at which you end a session.
Emotional play that gets worse after losses or bad beats.
How much results swing around the average.
The bookmaker's fee built into odds. Also called juice.
How often and how big a game pays. High volatility means rarer, bigger wins.
How many times you must bet a bonus before you can withdraw winnings from it.
A limit on how much you can withdraw from bonus winnings.