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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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Racing1 offers up Coldplay Concert Tickets in free-to-play Wagering Competition at its ICE Barcelona stand
Racing1, the new name for the Strategic Alliance between 1/ST CONTENT, ARC, RMG and Tabcorp, is launching a daily a free-to-enter Wagering Competition at its ICE Barcelona stand next week to bookend each day at the must-attend summit with a fun and engaging event whose prize fund includes x6 Coldplay tickets for their upcoming concert in London.
To celebrate the rollout of its much-anticipated Racing1 Markets iFrame, the definitive plug-and-play racing solution for any worldwide operator, all ICE delegates who visit Stand 5E38 are invited to enter this F2P Wagering Competition to secure an opportunity to trade their way into the daily Winner’s Circle.
After simply registering their email address with Racing1 via the new iFrame landing page, all participants will be challenged to make the most profit from a theoretical €100 bank over a half-hour slot of rapid-cycling horse and greyhound races. Each day, prizes are headlined by an exclusive set of tickets to see an upcoming Coldplay concert at Wembley in the summer of 2025 (as guests of Racing1), alongside a range of €100 / €50 Amazon vouchers for the runners-up.
By asking industry professionals to pit their betting wits against one another every day at Stand 5E38 on each afternoon’s races, this competition affords delegates a convenient venue at which to enjoy a drink with their friends and colleagues while the action unfolds, and their respective bank balances rise and fall. A live leaderboard will also be available on the stand to foster deeper engagement in this daily battle for bragging rights.
Play Racing1’s Wagering Competition:
- Register on the day by using Racing1 Markets’ iFrame entry mechanism
- Wagering Competition runs for approx 30 mins daily across 7 horse and greyhound races
- Entries can be made at any time during each day prior to that 30-min racing window
- €100 balance asks player to spin up their balance
- Winner will be the entrant with the most profit after the last race
- Live-leaderboard balances updated in real-time after every race to encourage some healthy competition!
Jack Whitaker, spokesperson for Racing1 and Commercial Manager at ARC, said: “We’re making a big splash at ICE this year, as our flagship Racing1 alliance makes its conference debut alongside its new breakthrough iFrame. Needless to say, we’re keen for as many people as possible to stop by Stand 5E38, say hi and check it out. And this Wagering Competition seems like an ideal way to complement that by creating an engaging game and a relaxed destination at which to unwind and enjoy a bit of racing at the end of each day. After all, it’s usually a hectic step-count day walking the huge halls of the Fira Barcelona Gran Via centre!
“Moreover, it’s just a fun exercise that captures the excitement and enjoyment of what our 24/7 product offers, showcasing live racing as a valuable betting proposition for both existing customers and those who may not have integrated racing before. Get in touch, or simply pop by towards the end of the day to be in with a chance of winning our star prize of a pair of Coldplay tickets every afternoon or, if you’re one of the runners-up, some Amazon vouchers!”
The post Racing1 offers up Coldplay Concert Tickets in free-to-play Wagering Competition at its ICE Barcelona stand appeared first on European Gaming Industry News.
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DATA.BET Reflects on 2024 Milestones, Growth, and Achievements
With the start of the year behind, the company reflects on the key milestones.
Business Development
In 2024, the company experienced significant expansion, reflecting the increasing demand for progressive esports betting solutions. The total volume of bets processed grew by 74.2%, aided by the efficiency and dynamic scalability of the company’s trading team, alongside new collaborations from partners and clients. Otto Bonning, Head of Sales, said: “Our new partnerships with companies such as Altenar, NuBet, Airhead Ventures, and TurboStars have significantly strengthened the portfolio. These collaborations demonstrate our expanding influence and commitment to delivering exceptional solutions in the esports betting industry”. Clients also experienced an improvement in GGR, demonstrating the impact of the solutions on profitability.
The company’s user engagement rates also reflected the sizable uplift seen in 2024, with active users rising by 97.3% and average bet size increasing by 7%. Meanwhile, DATA.BET continued to broaden its presence in key markets, including Canada, Brazil, Finland, and Poland, further strengthening its global reach.
Esports Trading and Content Coverage
DATA.BET focused on strategic growth, enhancing its esports content to offer prosperous and dynamic opportunities for clients and their users.
Making focused improvements in popular markets resulted in growth. “We’ve expanded our offerings by adding 38 new markets, creating more opportunities for bettors and driving engagement,” said Thomas Donson, Head of Trading. “Our event coverage has also grown by 11%, adding over 10,000 events to ensure a more diverse and comprehensive experience. Ensuring 24/7 trading process, DATA.BET offers the highest quality market availability.”
The trust earned through high-quality product features, including the new Scoreboard and Pitch Tracker widgets, as well as the Bet Builder based on official data, all launched in 2024, has been instrumental in enhancing the customers betting experience. Scoreboards deliver detailed statistics, interactive visualizations, and comprehensive insights, helping users make informed decisions while boosting engagement through features like live betting, analysis, and availability for LoL, CS2, Valorant, and Dota 2.
Pitch Tracker, supporting our top tier titles, offers a 2D map as a visual representation with advanced tools for data analysis and in-game tracking, delivering detailed insights that enhance user engagement and decision-making. Additionally, the Bet Builder enables personalized betting by allowing users to combine multiple selections into a single wager, meeting the demand for tailored and dynamic betting experiences.
DATA.BET also broadened the scope of disciplines, adding 6 new games, such as Deadlock, Street Fighter 6, GeoGuessr, Teamfight Tactics, Hearthstone, Apex Legends, complementing client content with distinctive choices that amplified diversity and engagement.
Customer Support & Risk Management
The company provides a seamless customer experience and robust Risk Management, continuing to deliver swift and practical assistance.
With an average response time of up to 5 minutes, the dedicated team remains extremely efficient, addressing client concerns promptly while maintaining the highest quality standards. Between Q2 and Q4, handled around 1,500 client requests and completed more than 150 technical tasks effectively and precisely, ensuring high-quality 24/7 support and maintaining consistent service standards.
This is due to our proprietary trading platform that enables the generation and customization of content – specifically, markets – to align precisely with each partner’s distinctive requirements while accommodating their existing settlement rules. This approach ensures a seamless transition to the solution, eliminating the need for adjustments or reconfiguration after working with a previous data provider.
DATA.BET’s Risk Management team efficiently handled over 1,700 client requests. Over time, the number of requests from long-term clients noticeably decreased. The team’s familiarity with clients’ audiences and operations reduces risks through proactive measures. By identifying patterns early, the team prevents issues, ensures smooth operations, reduces reactive interventions, and builds client trust while improving system efficiency.
In 2024, DATA.BET strengthened its presence in the esports betting industry by showcasing its solutions and engaging with audiences at premier exhibitions, immersing attendees into the vibrant world of esports. Moving into 2025, DATA.BET remains focused on leveraging this momentum to drive further success and prospects for everyone involved in esports betting.
The post DATA.BET Reflects on 2024 Milestones, Growth, and Achievements appeared first on European Gaming Industry News.
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Major Atlaslive Achievements and Innovations to Share at ICE Barcelona 2025
From January 20 to 22, 2025, Barcelona lights up as the center of iGaming innovation, with Atlaslive leading the charge. Visit us at Stand 4C36 during ICE Barcelona 2025 to immerse yourself in a world where fresh ideas, cutting-edge technology, and strong partnerships come together to craft the future of the industry.
This year, we’re excited to share our latest achievements and updates. Atlaslive will be represented by our forward-thinking C-level executives and an energetic sales team, eager to demonstrate how our responsive and adaptive technology helps businesses excel and lead in the iGaming sector. Our solutions are designed to foster growth, spur innovation, and command market leadership, all customized to adapt to the industry’s evolving demands.
At ICE Barcelona, we’re set to reveal thrilling product enhancements, extend our global reach, and announce groundbreaking partnerships that will mark the beginning of a new chapter in iGaming. Expect exclusive news and bold moves as we aim to redefine industry standards.
This is a unique opportunity to witness leadership in action and explore the future of iGaming. Book a meeting today and connect in Barcelona with the Atlaslive team.
Atlaslive continues strengthening its position as a leader in iGaming innovation, with expanded analytical capabilities that now include a comprehensive database of essential market metrics. These insights have been instrumental in fine-tuning the platform and services to deliver greater efficiency and unmatched market adaptability.
The company is happy to announce its nomination for the prestigious Global Gaming Awards EMEA 2025 in the “Breakthrough Company of the Year” category. This nomination is a testament to the relentless progress and commitment propelling our B2B iGaming platform, gaining recognition and esteem from our industry peers.
We’ve also reached another significant milestone by securing ISO and IGL Certifications, emphasizing the platform’s dependability and the confidence it instills within the iGaming community. These achievements signify a new era in redefining excellence standards in the industry.
Lidiia Vakulenko shares, “ICE Barcelona takes the spotlight as the top industry gathering — a must for anyone passionate about the industry. The achievements showcased this year are a testament to the strong partnerships, valued clients, and meaningful connections that have been built over time. It’s also the enduring devotion to innovation and the teams’ dedication that make the exceptional software from Atlaslive a reality.
The event is an exciting opportunity to reconnect with industry leaders and build new relationships while presenting a bold vision and unveiling groundbreaking plans for the next year. See you at ICE!”
Don’t miss this opportunity to explore the innovations driving the development of iGaming — visit Atlaslive at Stand 4C36, book a meeting in advance via https://atlaslive.tech/events, and lead with Leave Tech.
The post Major Atlaslive Achievements and Innovations to Share at ICE Barcelona 2025 appeared first on European Gaming Industry News.
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