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Online Gambling Glossary: The Ultimate Guide to Gambling Terms and Phrases
Reading Time: 4 minutes
Most online gambling games are simple, but terms and phrases used to define and describe them are not. With so much slang in the gambling industry, it can be intimidating and confusing for new players to understand them and play the games. In this guide, we are going to discuss the most common and important phrases you need to know when stepping into the online gambling world.
Ante
An ante is a bet made by a player before cards are dealt
Baccarat
Baccarat is a card game that puts players against the dealer. It involves comparing cards played between the “banker” and “player”. The goal of the game is to get the highest number and avoid the lower numbers.
Bankroll
The bankroll is the money that a punter has set aside specifically for gambling. A casual gambler won’t need a dedicate bankroll but a professional gambler is usually careful and will only gamble with money that he/she has specifically set aside for this purpose.
Blackjack
Blackjack is a table game where players try to beat the dealer by getting a hand closer to 21 points without exceeding
Bet
A bet is an instance of staking money on an event or casino game. Several bets may be placed in a single game.
Betting limit
Betting limit is the limit that has been set by the casino on the amount a gambler may bet. You will often see a minimum and maximum bet for each game in a casino.
Bonus
A bonus is an offer or incentive often extended by online casinos to players for signing up and/or making the first deposit. Matching bonuses are the most common, which means the size of the bonus depends on the amount of deposit made.
Croupier
Croupier is a term used can the employee of a casino who is in charge of roulette and other high stake tables
Casino edge
The casino edge is the advantage that the house/casino has over gamblers
Crap
Crap is slang used during Craps for a 2, 3 or 12
Dealer
The dealer an employee of the casino that is responsible for dealing cards to players and controlling the general flow of the game. Games like baccarat, blackjack, and poker may require dealers.
Double Down
When the amount you are betting on is doubled on the hand or turn in a casino game
Expected value
This term refers to the return a player should expect on average in the long run on a certain bet. The value can be positive or negative, basically depending on whether or not the bet is profitable
eCOGRA
eCOGRA is a London-based organization that has been approved to monitor online casinos and provide them with seals of approval after ensuring that it is fair. It was established originally by Microgaming.
Jackpot
Jackpot is the large payout on a slot machine or any other game. The word jackpot is mainly used for a special prize, which could be a progressive prize.
Fixed odds
A game with a fixed odd is one in which the chances of winning and payouts are fixed. Examples of fixed odds games are a scratch-off card and simulated horse games. In a more broad explanation, this term applies to most slot machines and table games, although it is mostly used for “specialty” games. But it doesn’t apply to sports betting and games like poker where odds and probability of the various events are not known.
Gambling
Wagering money on an event whose outcome is uncertain
House edge
This refers to the advantage that the casino has over the people who bet on their website or casino. It is usually expressed as a percentage. For instance, with a house edge of 3%, it means the player should expect to lose 3% of the amount of money they stake in the long run.
Optimal strategy
A set of plays that will make the player get the best returns from a casino game. Optimal strategy is mostly used in video poker and blackjack, although it can also apply to many games where gamblers are required to make strategic decisions.
Random Number Generator (RNG)
An RNG is a device that generates a random, unpredictable sequence of numbers. This can be done on several stages involving algorithms in the RNG device and other factors like mouse movements, temperature, air pressure and anything else that is unpredictable. Although there are many uses of RNGs, in this case, they are mainly used to determine the results of online casino games where cards must be dealt, deice need to be rolled or another random event must occur
Roulette
Roulette is a game that is played with a wheel and ball where the ball can fall into one of the pockets. Players can place a number of bets that try to predict the pockets the ball may fall into. This game has two variations: American Roulette and European Roulette. But the latter has better odds than the former.
Video Poker
A video poker is a machine game that is based on a 5-card draw poker. Players can discard and replace the cards from their hand and are paid if they are lucky to make the minimum hand required to win. Some of the most common video poker games include Deuces Wild and Jacks or Better.
Wagering requirement
This refers to the condition that an online casino has put in place for its bonus offer. Players must stake a certain amount before they can claim the bonus. This prevents the player from claiming the bonus or cashing out immediately.
Source: Latest News on European Gaming Media Network
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Stretch Network announces Black Friday Weekend Tournament
Black Friday Weekend is here! Stretch Network introduces another player-focused initiative – the Black Friday Weekend promotion. Running from November 29th to December 1st, this event offers up to 90% discounts on buy-ins for the World Poker League tournament series.
Here’s how it works:
- Players register for special phase tournaments at a reduced cost.
- These 2-minute events don’t require player actions and provide the same starting stack as the target tournament.
- After the phase tournament ends, players are automatically registered for the main event.
- Players already in the target tournament will have their stacks combined for added excitement.
Raise with us to go all-in on player satisfaction.
The post Stretch Network announces Black Friday Weekend Tournament appeared first on European Gaming Industry News.
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SOFTSWISS Integrates Jackpot Aggregator with RedStar Casino
SOFTSWISS has announced the integration of its Jackpot Aggregator, a cutting-edge player engagement solution, with RedStar Casino, a secure and reliable gaming platform. This partnership demonstrates the seamless integration capabilities of SOFTSWISS products with third-party casino platforms, further solidifying the versatility of the Jackpot Aggregator.
Previously, the SOFTSWISS Jackpot Aggregator team primarily worked with clients using the SOFTSWISS Casino Platform and the SOFTSWISS Game Aggregator, delivering efficient and seamless engagement tools. The collaboration with RedStar Casino highlights the product’s ability to integrate effortlessly with external platforms, showcasing its adaptability beyond the SOFTSWISS ecosystem.
To support smooth onboarding, the SOFTSWISS team provides comprehensive API integration documentation and dedicated Technical Account Manager support, addressing any potential queries in real time.
Angelina Stasiuk, Head of Business Line at SOFTSWISS Jackpot Aggregator, shared: “The SOFTSWISS Jackpot Aggregator is constantly evolving. In addition to expanding engagement mechanics such as jackpots, drops, multi-prizes, and Prime Network Jackpot campaigns, we are also broadening our client base and market reach. Regardless of their casino platform, any client can integrate the SOFTSWISS Jackpot Aggregator and easily launch diverse engagement campaigns.”
RedStar Casino representatives added: “We appreciate the professionalism of the SOFTSWISS Jackpot Aggregator team and the simplicity of the product’s integration process. We have already launched a three-level progressive jackpot campaign and are thrilled to offer our players a diverse and engaging gaming experience.”
This successful integration marks a milestone in the SOFTSWISS Jackpot Aggregator’s mission to deliver innovative and adaptable engagement solutions, ensuring seamless functionality and exceptional value for operators and players alike.
Recently, the SOFTSWISS Jackpot Aggregator announced the improvement of its product by introducing a multi-prizes feature. This new functionality enables operators to split winnings among several players or groups, offering customisable distribution methods tailored to various engagement strategies.
About SOFTSWISS
SOFTSWISS is an international technology company with over 15 years of experience in developing innovative solutions for the iGaming industry. SOFTSWISS holds a number of gaming licences and provides comprehensive software for managing iGaming projects. The company’s product portfolio includes the Online Casino Platform, the Game Aggregator with over 23,500 casino games, the Affilka Affiliate Platform, the Sportsbook Software and the Jackpot Aggregator. In 2013, SOFTSWISS revolutionised the industry by introducing the world’s first Bitcoin-optimised online casino solution. The expert team, based in Malta, Poland, and Georgia, counts over 2,000 employees.
The post SOFTSWISS Integrates Jackpot Aggregator with RedStar Casino appeared first on European Gaming Industry News.
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Starburst Galaxy Ushers in NetEnt’s New Era
Starburst Galaxy, a sequel to the iconic Starburst that reshaped the online slot market, is propelling veteran NetEnt to new heights. The game takes players on a cosmic journey and launches NetEnt into the next phase of its evolution.
As players blast off into a stellar adventure with this dazzling sequel, NetEnt enters a new era. The revolutionary developer’s Phase 1 brought online slots to desktops without cumbersome downloads and allowed players to trial games through free play. Phase 2 brought players’ favourite slots to their mobile screens so they could play anytime, anywhere. Now, Starburst Galaxy stands as a testament to NetEnt’s new Phase 3, where many new features and mechanics await players.
Starburst Galaxy builds on the success of its predecessor, embracing NetEnt’s signature Avalanche™ mechanic, where winning symbols vanish, allowing new ones to fall into place and creating opportunities for consecutive wins from a single spin. Adding to the excitement, the new Feature Generator lets each win contribute to unlocking five dynamic features: symbol destroy, random wilds, expanding wilds, line transform, and symbol upgrade.
The Galaxy Star feature introduces a thrilling twist with an expansive 7×7 grid and a dazzling 3×3 Starburst Wild that activates additional wilds and unique features. Landing three scatters fires up the Mega Star feature, summoning a 2×2 Starburst Wild and introducing powerful multipliers throughout the round, while a retrigger remains possible by refilling the Galaxy Metre with each win.
An exciting new addition introduced in Starburst Galaxy, the Elevate Feature will be rolled out across all NetEnt slots moving forward. Elevate gives players the power to customise their gameplay by activating various game features and add-ons directly from a list, using base bet multipliers to enhance the experience. (The availability of the Elevate Feature varies by region.)
The new era of NetEnt will also feature upgrades across its product offerings, including new robust multi-level jackpots and more big wins through the GigaMath Model. Classic games will receive visual and UX enhancements, and new Speed Spins and Super Speed Spins options will allow players to play at their own pace. Additionally, operators can customise their own Starburst slot with the introduction of Starburst Brandable.
Todd Haushalter, Chief Product Officer at Evolution, said: “This is a defining moment for NetEnt as we enter a new era with the launch of Starburst Galaxy. The game introduces innovative features, stunning visuals, and advanced technology while honouring the iconic classic that transformed the online video slot market. I’m incredibly proud of our team’s hard work—from the enhanced gameplay to the refreshed brand design, which marks another milestone and a new direction in NetEnt’s evolution. We’re excited for players to experience Starburst Galaxy, and this is only the beginning of what’s to come.”
The post Starburst Galaxy Ushers in NetEnt’s New Era appeared first on European Gaming Industry News.
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