Glossary

Glossary: Common Online Casino and Gambling Terminology

  1. Bankroll: The total amount of money a player has set aside for gambling.
  2. Bonus: An incentive or reward offered by casinos to players, often in the form of extra money or free spins.
  3. Cashout: The process of withdrawing winnings from an online casino.
  4. Deposit: The act of adding funds to your casino account to play.
  5. House Edge: The statistical advantage the casino has over players in a particular game, often expressed as a percentage.
  6. Jackpot: A large, often progressive, prize pool that can be won in certain games, especially slots.
  7. Live Dealer: A real person, rather than a computer program, who conducts and interacts with players in live casino games via video streaming.
  8. Payline: A line on a slot machine that, when specific symbols align on it, results in a winning combination.
  9. Progressive Jackpot: A jackpot that increases in size with each wager until it is won.
  10. Random Number Generator (RNG): Software used to generate random outcomes in casino games, ensuring fairness.
  11. Wagering Requirement: The number of times a player must bet their bonus or deposit amount before being allowed to withdraw winnings.
  12. High Roller: A player who bets and deposits large sums of money in casinos.
  13. Free Spins: Complimentary rounds in slot games, often awarded as part of a bonus or promotion.
  14. Banker (Baccarat): The term used for the house or dealer in a game of Baccarat.
  15. Blackjack: A card game where the goal is to beat the dealer by having a hand value of 21 or as close to 21 as possible without going over.
  16. Chips: Round discs or rectangular plaques representing a specific currency value used in table games like poker and roulette.
  17. House Rules: Specific rules and guidelines established by the casino for a particular game.
  18. Martingale: A betting strategy where a player doubles their bet after each loss, with the goal of recovering losses.
  19. Payout Percentage: The percentage of total bets that a game or casino is expected to return to players over time.
  20. Roulette: A popular casino game where a ball is spun on a wheel, and players bet on the outcome.
  21. Split: In blackjack, splitting means dividing a hand into two separate hands when the initial two cards have the same value.
  22. Table Games: Casino games typically played on tables, such as blackjack, roulette, and poker.
  23. Video Poker: A machine-based poker game where players aim to achieve specific hand combinations to win.
  24. Wager: A bet placed on a casino game.
  25. Winnings: The money a player receives from successful bets and games.
  26. Reload Bonus: A bonus offered to existing players who make additional deposits in their casino accounts.
  27. High Variance: Games with infrequent but significant payouts.
  28. Low Variance: Games with frequent but smaller payouts.
  29. Scatter Symbol: A symbol in a slot game that can trigger various bonuses or free spins.
  30. VIP (Very Important Player): A player who receives special treatment, perks, and bonuses due to their high level of play and loyalty to the casino.
  31. Baccarat: A card game where players bet on the outcome of two hands – the “Player” and the “Banker.”
  32. Croupier: The person who operates and manages table games, such as roulette and blackjack, in a casino.
  33. Dealer: The casino employee responsible for conducting and managing card games, such as poker and blackjack.
  34. Gamble: The act of betting money or valuables on a game of chance or skill.
  35. Hit (Blackjack): A decision to take another card in a game of blackjack with the aim of improving the hand without exceeding 21.
  36. House Rules: Specific regulations established by the casino to govern how games are played and payouts are handled.
  37. Insurance (Blackjack): A side bet in blackjack that players can make when the dealer’s face-up card is an Ace. It pays if the dealer has a blackjack.
  38. Odds: The probability or likelihood of a specific event occurring, often represented as a ratio or percentage.
  39. Parlay: A betting strategy where the winnings from one bet are reinvested into subsequent bets.
  40. Push: A tie or a draw in a casino game where the player’s bet is returned without any winnings.
  41. Stake: The amount of money wagered on a particular game or bet.
  42. 21: Another term for blackjack, representing the game’s objective of achieving a hand value of 21.
  43. Ante: A forced bet that players must place before the start of a hand in some card games like poker.
  44. Bet Max: The option to place the highest possible bet on a casino game, often used in slot machines.
  45. Cold Streak: A period in which a player experiences a series of losses or low-quality results.
  46. House Advantage: The same as the house edge, representing the casino’s statistical advantage in games.
  47. RNG Certification: Confirmation that a casino’s Random Number Generator has been independently tested and found to be fair.
  48. Stakeholder (Poker): A person or entity, such as a player or a casino, with an interest in the outcome of a poker game.
  49. Betting Limit: The maximum and minimum amounts that can be wagered on a single game or bet.
  50. Odds Maker: An individual or organization responsible for setting and determining the odds for sports or other betting events.
  51. Roll (Craps): A single throw or round in the game of craps.
  52. Tilt: A state of emotional distress or frustration that can affect a player’s decision-making and lead to poor choices.
  53. Wagering Contribution: The percentage of a bet that counts towards fulfilling wagering requirements for bonuses.
  54. Banker (Blackjack): A term sometimes used to describe the dealer in a blackjack game.
  55. Blackjack Surrender: A blackjack rule that allows players to forfeit their hand in exchange for a portion of their bet.
  56. Casino Hold’em: A popular casino poker game based on Texas Hold’em, played against the dealer.
  57. Edge Sorting: A controversial advantage play technique in card games involving the identification of minute imperfections on card backs to gain an edge.
  58. Gambling Commission: A regulatory body responsible for overseeing and licensing gambling activities and operators in specific jurisdictions.
  59. Gaming License: A legal document issued by a regulatory authority, allowing a casino or gambling operator to conduct legal gambling activities.
  60. Vigorish (Vig or Juice): The commission or fee taken by the casino for accepting bets. It’s typically a percentage of the bet and represents the casino’s profit.

This glossary provides definitions and explanations for common terminology used in the online casino and gambling industry. Familiarizing yourself with these terms can enhance your understanding and enjoyment of online gambling.

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