Casino & Gambling Glossary

Your comprehensive guide to casino and gambling terminology. Learn the meaning of 104+ terms used in online casinos, sports betting, poker, and sweepstakes gaming.

Browse our casino reviews by category: Sweepstakes Casinos, Crypto Casinos, Sportsbooks, and Mystery Box Sites.

A

Action
The total amount of money wagered by a player during a gambling session or over time. High action players are often eligible for VIP rewards.
Accumulator
A bet combining multiple selections where all must win for the bet to pay out. Also known as a parlay or combo bet. Offers higher payouts but greater risk.
Advantage Play
Using legal strategies to gain an edge over the casino, such as card counting in blackjack or exploiting promotional offers.
All-In
Betting all of your remaining chips or bankroll on a single hand or wager.
Ante
A mandatory bet placed before cards are dealt in poker games. Creates the initial pot that players compete for.
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B

Bankroll
The total amount of money a player has set aside specifically for gambling. Proper bankroll management is essential for long-term play.
Bonus Abuse
Exploiting casino bonuses in ways that violate terms of service, which can result in account closure and forfeited winnings.
Bonus Buy
Feature in some slots allowing players to purchase direct access to the bonus round for a fixed cost, typically 50-100x the base bet.
Bust
In blackjack, exceeding 21 and automatically losing the hand. In poker, losing all chips and being eliminated from a tournament.
Buy-In
The amount of money required to enter a poker tournament or sit at a table game.
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C

Cage
The secure area in a casino where chips are exchanged for cash and financial transactions are processed.
Card Counting
A blackjack strategy involving tracking the ratio of high to low cards remaining in the deck to gain a statistical advantage.
Cashback
A rebate on losses offered by casinos as a promotion. Can be instant or calculated over a period (daily, weekly, monthly).
Cascade
Slot feature where winning symbols disappear and are replaced by new symbols falling from above, allowing multiple wins from a single spin.
Cluster Pays
Slot mechanic where wins are formed by groups of matching symbols touching rather than traditional paylines.
Cold Wallet
Cryptocurrency storage kept offline for security. Reputable crypto casinos store most funds in cold wallets.
Comp Points
Loyalty points earned through wagering that can be exchanged for bonuses, cashback, or other rewards.
Crypto Casino
Online casino that accepts cryptocurrency for deposits and withdrawals, often offering faster transactions and enhanced privacy. Browse our <a href="/crypto/" class="text-accent hover:underline">top crypto casino reviews</a> or read our <a href="/guides/how-to-choose-crypto-casino/" class="text-accent hover:underline">crypto casino guide</a>.
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D

Dead Money
Money in a poker pot from players who have folded, making it easier to win with aggressive betting.
Deposit Bonus
Bonus money credited when you deposit funds, typically expressed as a percentage match (e.g., 100% up to $500).
Double Down
Blackjack option to double your bet after seeing your initial cards, receiving only one additional card.
Drop
The total amount of cash exchanged for chips at a gaming table, used to measure table performance.
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E

Edge
The mathematical advantage one party has over another in a game. The house edge represents the casino's built-in profit margin.
Expected Value (EV)
The average amount you can expect to win or lose per bet over time. Positive EV bets favor the player; negative EV favors the house.
Expanding Wild
Wild symbol that expands to cover an entire reel when it lands, increasing winning potential.
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F

Face Cards
Jacks, Queens, and Kings in a standard deck of cards. In blackjack, all face cards are worth 10 points.
Fish
A weak or inexperienced player who is likely to lose money. Term commonly used in poker.
Fixed Odds
Bets where the payout is determined at the time of placing the wager, regardless of subsequent odds changes.
Free Spins
Bonus rounds in slot games where spins cost nothing but can generate real winnings. Also offered as promotional bonuses.
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G

Gambler's Fallacy
The mistaken belief that past random events influence future outcomes. Each spin or hand is independent of previous results.
Gold Coins
Virtual currency in sweepstakes casinos used for entertainment play with no cash value.
Grind
Playing conservatively over long sessions to accumulate small, consistent wins or clear bonus requirements.
Gross Gaming Revenue (GGR)
Total amount wagered minus total winnings paid out. Represents the casino's total earnings before expenses.
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H

Hand
A single round of play in card games, or the cards held by a player.
High Roller
A player who wagers large amounts, typically receiving VIP treatment, special bonuses, and higher limits.
Hit
In blackjack, requesting another card from the dealer to improve your hand.
Hold
The percentage of total wagers retained by the casino as profit over time.
Hot Wallet
Cryptocurrency storage connected to the internet for quick transactions. Contains funds needed for immediate operations.
House Edge
The mathematical advantage the casino has over players, expressed as a percentage. A 2% house edge means the casino keeps $2 of every $100 wagered on average. Compare house edges across games using our <a href="/tools/rtp-comparator/" class="text-accent hover:underline">RTP Comparator tool</a>.
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I

Insurance
A side bet in blackjack offered when the dealer shows an Ace, paying 2:1 if the dealer has blackjack. Generally considered a poor bet.
Instant Withdrawal
Withdrawal method that processes immediately or within minutes, most common with cryptocurrency.
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J

Jackpot
The top prize in a game, particularly slots. Can be fixed or progressive (growing with each bet placed).
Juice
The commission taken by sportsbooks on bets. Also known as vigorish or vig.
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K

Kicker
In poker, a card used to break ties between hands of the same rank.
KYC (Know Your Customer)
Verification process requiring players to prove their identity, typically with ID documents and proof of address.
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L

Limit
The maximum bet allowed at a table or on a particular wager. Also refers to betting limits in poker.
Live Dealer
Casino games streamed in real-time with human dealers, bridging the gap between online and land-based casino experiences.
Lock
A bet considered almost certain to win. In reality, no bet is truly a "lock."
Loss Limit
A responsible gambling tool setting the maximum amount you can lose in a session or time period.
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M

Martingale
A betting system where you double your bet after each loss, attempting to recover losses with a single win. Risky due to table limits and bankroll requirements.
Max Bet
The highest wager allowed on a game. Often required to qualify for progressive jackpots.
Megaways
Slot mechanic by Big Time Gaming featuring variable reel sizes creating up to 117,649 ways to win.
Minimum Deposit
The smallest amount a casino allows you to deposit in a single transaction.
Multiplier
A feature that multiplies winnings by a specified amount (2x, 5x, 100x, etc.).
Mystery Box
In CS2 gambling, a case containing random virtual items (skins) with varying values.
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N

Natural
In blackjack, an initial two-card hand totaling 21 (Ace + 10-value card). In baccarat, a two-card hand of 8 or 9.
No Deposit Bonus
Bonus credits or free spins awarded without requiring a deposit. Usually has strict wagering requirements.
Nuts
In poker, the best possible hand given the community cards. Having "the nuts" means you cannot lose.
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O

Odds
The probability of an outcome occurring, expressed as a ratio or decimal. Also refers to the payout rate for bets.
Outside Bet
In roulette, bets on outcomes outside the number grid (red/black, odd/even, high/low). Lower payout but higher probability.
Over/Under
A bet on whether the total points/goals in a game will be higher or lower than a specified number.
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P

Parlay
A single bet combining multiple selections where all must win for the bet to pay. Higher potential payout, higher risk.
Payline
A line across the reels where matching symbols must land to form a winning combination.
Payout Percentage
The percentage of wagered money a game returns to players over time. Same as RTP (Return to Player).
Pit Boss
Casino supervisor overseeing table games, handling disputes, and monitoring for advantage play.
Progressive Jackpot
A jackpot that grows with each bet placed until someone wins. Can reach millions across linked machines.
Provably Fair
Cryptographic system allowing players to verify the fairness of each game outcome independently.
Push
A tie between player and dealer where the bet is returned. No win, no loss.
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R

Rakeback
Return of a percentage of rake (commission) paid in poker games, or a percentage of the house edge on casino games.
Random Number Generator (RNG)
Computer algorithm ensuring game outcomes are random and fair. Certified RNGs are tested by third-party auditors.
Rebuy
In poker tournaments, purchasing additional chips after losing your initial stack (when allowed).
Reload Bonus
Bonus offered on deposits after your first, usually smaller than welcome bonuses.
Respins
Additional spins triggered by certain combinations, often with locked wilds or special features.
RTP (Return to Player)
The percentage of all wagered money a slot or game will pay back to players over time. A 96% RTP means $96 returned for every $100 wagered on average.
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S

Scatter
Symbol that pays regardless of payline position and typically triggers bonus features.
Seed
In provably fair gaming, a string of characters used to generate random outcomes that can be verified.
Session
A period of gambling activity, from sitting down to play until cashing out.
Shark
A skilled player who profits from less experienced opponents. Opposite of fish.
Skin
Virtual cosmetic item in video games, particularly CS2, that can be traded or used in gambling.
Slot Volatility
A measure of risk and reward frequency. High volatility: rare but large wins. Low volatility: frequent but smaller wins.
Spread
In sports betting, the point advantage given to the underdog to level the betting field.
Stake
The amount of money wagered on a bet or hand.
Stand
In blackjack, declining additional cards and playing your current hand total.
Sticky Bonus
Bonus money that cannot be withdrawn, only used for wagering. Winnings from the bonus can be withdrawn.
Sweepstakes Casino
Legal online casino model using virtual currencies (Gold Coins/Sweep Coins) instead of direct gambling, available in most US states.
Sweep Coins
Virtual currency in sweepstakes casinos that can be redeemed for real prizes, obtained through promotions or gameplay.
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T

Table Limits
Minimum and maximum bet amounts allowed at a casino table game.
Tell
In poker, a behavioral cue that reveals information about an opponent's hand.
Tilt
Emotional state affecting judgment after losses, often leading to poor decisions and increased losses.
Tournament
Competition where players compete against each other for prizes based on their performance.
True Odds
The actual probability of an outcome occurring, without any house edge built in.
Tumble
Same as cascade - symbols disappear after wins and new symbols fall into place.
Turnover
The total amount wagered over a period, often used to calculate loyalty rewards or meet wagering requirements.
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V

Variance
The fluctuation in results from expected outcomes. High variance means bigger swings between wins and losses.
Vigorish (Vig)
The commission charged by sportsbooks on bets. Standard vig is 10% on losing bets.
VIP Program
Loyalty scheme rewarding high-volume players with exclusive benefits, bonuses, and personal service.
Volatility
A measure of risk level in games, indicating the frequency and size of payouts. See also: Variance, Slot Volatility.
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W

Wagering Requirements
The amount you must bet before bonus funds can be withdrawn. A 30x requirement on a $100 bonus means betting $3,000 total. Learn more in our <a href="/guides/understanding-wagering-requirements/" class="text-accent hover:underline">wagering requirements guide</a> or use our <a href="/tools/bonus-calculator/" class="text-accent hover:underline">bonus calculator</a>.
Whale
An extremely high roller who wagers very large amounts. Casinos actively compete for whale business.
Wild Symbol
Slot symbol that substitutes for other symbols to create winning combinations. Various types include sticky, expanding, and multiplier wilds.
Win Rate
The percentage of bets or sessions that result in profit. Long-term win rate below 50% is expected due to house edge.
Wire Transfer
Bank-to-bank transfer method for deposits and withdrawals. Secure but typically slower than other methods.
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X

X Ways
Slot mechanic (popularized by Nolimit City) where special symbols unlock additional ways to win.
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Z

Zero
The green pocket on a roulette wheel giving the house its edge. American roulette has both 0 and 00.
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