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Casino terms · clearly explained

Casino glossary

A casino and bonus glossary in one place: bonus terms, game maths, and payout and safety terms in plain language. Quickly find what terms like RTP, wagering, volatility or house edge mean, how to read them and why they affect your chances of winning.

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100 terms found
Security

Loss limit

A self-set limit on net losses over a period — when losses hit the limit, the casino stops play until the period ends.

Also searched as: loss limit, loss limit, net loss limit
Bonuses

Loyalty points

Points a casino awards for real-money bets that can be exchanged for bonus money, free spins or other perks.

Also searched as: comp points, bonus points, loyalty points
Bonuses

Loyalty programme

A system that rewards regular play with points, tiers and personal perks.

Also searched as: loyalty program, VIP programme, loyalty program
Metrics

Martingale strategy

A betting system where the bet is doubled after each loss. It doesn’t change the house edge and quickly hits table limits and your bankroll.

Also searched as: martingale, bet doubling, martingale
Bonuses

Maximum bet rule

A bonus term that caps the bet size while a bonus is active — usually around €5 per spin. Exceeding it can void the bonus and winnings.

Also searched as: max bet rule, bet limit, max bet with bonus
Metrics

Maximum win

The largest amount a game can win, often expressed as a multiple of the bet, e.g. 5,000× the bet.

Also searched as: max win, win cap
Bonuses

Maximum withdrawal

The largest amount a campaign or bonus win lets you withdraw — the rest is removed after the wagering requirement is met.

Also searched as: max cashout, payout cap
Games

Megaways

A slot mechanic where the number of symbols on the reels changes each spin, creating up to hundreds of thousands of ways to win.

Also searched as: Megaways mechanic
Security

MGA licence

A Malta Gaming Authority licence — one of Europe’s most reputable casino licences, requiring segregation of player funds and offering dispute resolution.

Also searched as: Malta licence, Malta Gaming Authority
Payments

Minimum deposit

The smallest amount you can deposit at a casino. It also affects qualifying for a bonus.

Also searched as: minimum deposit, minimum deposit
Guide

Casino glossary: terms in plain language

The casino world is full of terms that directly affect your chances of winning. Our glossary explains them in plain language.

From bonus terms to game maths — knowing the concepts helps you make more informed decisions and avoid unfavourable offers. Below are the most important terms to start with.

Why know casino terms

A term like wagering requirement or RTP can completely change a bonus’s value. Once you understand what they mean, you immediately see whether an offer is good or not.

Tip

Come across a term in a bonus’s conditions? Look it up in our glossary or calculate the impact with the calculator.

Where to start

The most important terms concern bonuses and game maths — these affect your money most directly.

  • RTP — a game’s theoretical payback percentage to the player.
  • Wagering requirement — how many times to wager a bonus.
  • Volatility — how often and how big the wins a game gives.
  • House edge — the casino’s statistical edge over the long run.
Frequently asked questions

Glossary FAQ

What is RTP?
RTP (Return to Player) is a game’s theoretical payback percentage. A 96% RTP means the game returns on average 96% of bets over the long run — i.e. a 4% house edge.
What does a wagering requirement mean?
It tells you how many times you must wager the bonus before withdrawing. Read a fuller explanation with examples in our glossary.
What is a game’s volatility?
Volatility (or variance) shows the risk level: high-volatility games give rare but big wins; low-volatility ones give more frequent but smaller wins.
What’s the difference between house edge and RTP?
They’re two sides of the same coin: RTP + house edge = 100%. A 96% RTP means a 4% house edge.
Where do I find more terms?
Our full glossary explains all the most common casino terms in Estonian, with examples.