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Beginners Guide: Casino Terminology Abbreviations and Acronyms |
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These are terms commonly
used on Gambling Websites, Blogs and Forums: |
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Term |
Meaning |
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+EV and
-EV |
EV = Expected
Value: This is the expected outcome (theoretical result) of wagering a
certain amount on a game where the RTP is a known figure. e.g. The term is usually used in relation to bonuses. Say you
had a 100% cashable bonus on a $100 deposit and had to wager the Bonus x 10
on a 95% RTP slot; That would be $1,000 in wagering @ 95% = a loss of $50. So at the end of the wagering you would have lost half of your
$100 bonus, but still be left with the other half. This bonus would therefore
be +EV to a value of $50. |
Browsing on your Mobile Phone? (Mobile version of this website) |
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Advantage
Player |
This term is used for any player who takes casino bonuses only when
they think that by doing so they have and overall edge over the casinos and
can make a profit by doing so. This can apply to single bonuses, or taking
multiple bonuses as a whole. They will use ANY betting pattern which is
allowed in T&Cs and which they think will lead to profit. |
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AWP
Slot |
Amusement
With Prizes: This is a game (also called a Fruit Machine or Pub Slot) which
looks a lot like a Slot Machine, but works in a totally different way – they
are NOT truly random. i.e. Unlike proper Video Slots, you do not have an
equal chance of hitting the jackpot on each spin you play. Put very simply,
the machine will only pay out a Jackpot after it has taken in way more than
the jackpot amount from the player(s). |
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B&M
Casino |
Bricks
and Mortar Casino: A real casino you can walk in to, rather than online. |
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BDBA |
Break
Da Bank Again; A popular very high variance slot in MicroGaming Casinos. |
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Bonus
Abuser |
This
is a nonsense term used by the less reputable casinos as an excuse for
confiscating winnings and/or deposits from players who win using their
bonuses. It
is “nonsense” because if the player does not break any of the bonus T&Cs
that the casino set out – then they can’t be “abusing” anything. |
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Bonus
Banned |
A
player may be “Bonus Banned” at any casino, group or even software brand at
the discretion of the operator. This only occurs if the player is a known fraudster
or, in the opinion of the operator, has made too much money from their
bonuses without risking much (if any) of their own funds. Bonus Bans can be
lifted if the player shows a willingness to deposit without a bonus &
risk their own money. |
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Bonus: Cashable |
Usually
the best deal; the bonus credit is added to your account balance
automatically on deposit, or shortly after you claim it. As
soon as you complete the WR, the entire account balance is
yours to keep. |
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Bonus: Flexible |
This
bonus is a mixture of Cashable & Phantom; The bonus funds are added to
your account and are initially all phantom. As you wager, the bonus credits
are converted into real cash reducing the amount of ‘phantom’ chips. You can cash-out at ANY time without having
to complete the full WR, but when you do any remaining
bonus chips are removed from your account and lost forever. Some MG casinos
use this system, see Flexi-Bonus. This
type of bonus is great because if you hit a good early streak or big slot win
you are not committed to huge WR! |
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Bonus: Casumo |
I
can’t think of a catchy name for this unique system – so I have named it
after the only casino that (as far as I am aware) has it - Casumo Casino! Unlike
other casinos, when you wager with a bonus in play both real cash & bonus
cash are bet at the same time. E.g. If you took a 100% bonus, each bet will
be made up of 50% real cash & 50% bonus cash – and any wins you get are
paid out in the same proportion. If
you complete the full WR required, everything becomes cash you can
withdraw. BUT, you can cash-out at
ANY TIME before completing WR and just forfeit the bonus chips. This means your own cash is never tied in to any WR. So
this system is great, even for player who don’t normally like to take
bonuses: just deposit your normal amount and play your normal games, but at
DOUBLE your normal stake. If you win you can cash-out anytime, losing the
bonus chips which weren’t really yours to start with. If you make the WR, you
really do get a BONUS! |
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Bonus: Safety-Net |
I
added this new type of bonus after first discovering it at a casino in
February 2014. With
this one the bonus funds are added to your account as with cashable. When
you start playing, you use your deposited funds first; if you have a good win
you can cash-out without doing the WR,
but your bonus funds are forfeit. Only
if you lose your deposited amount do you start wagering with the bonus chips,
and THAT is when your WR begins; bets placed previously with your deposited
funds do not count in the WR. Once you finish the WR you can cash-out your
whole balance. Because
of the benefit of being able to cash-out early without completing WR, this
bonus earns +1 on the rating system used throughout this site. |
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Bonus: Phantom |
So
called because the entire bonus is removed from your account upon your first
withdrawal request. These are normally
high % bonuses with relatively low WR.
Due to the format, many bonus players use them in an ‘all or nothing’
way – placing very high wagers to try to win a lot of profit off the bonus so
they still have a significant sum after the bonus credits are removed on
cashing out. Others take them just so they have a big starting balance and so
more play-time, and therefore more chance of hitting a big win. Some
players also call this a Sticky or
(Sticky Type 1) Bonus, but I think Phantom is a much better term for it. A
Sticky bonus is something else – see below. |
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Bonus: Post-Wager |
These
Bonuses are cashable, but the bonus is not added to your account until after
you have met the WR with your own deposited funds. Most of these bonuses are then instantly
withdrawable, but some do require further WR before all the funds are yours
to keep. |
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Bonus: Sticky |
These
bonuses stay in your account and can never be withdrawn, BUT they are not lost when you cash-out. They are very good
because you can withdraw any profits once you’ve met the WR, and then
continue to wager with the bonus chips, win & cash out more profit until
they are all lost! Some
players call this a Sticky Type 2
Bonus. See Phantom Bonus above. |
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Crypto |
CryptoLogic:
Another name for WagerLogic - a popular brand of casino software
(No USA). |
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DonD |
Deal or
No Deal; As well as being a very popular television game show in many
countries, it is also the name of many offline Fruit Machines, online Slots
and other types of game based on the show, where your luck picking boxes can
lead to HUGE wins! |
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Even-Money
Wager |
A term used by some casinos in their bonus T&Cs; It means a
bet which returns 1:1 on your wager. e.g. Blackjack, or betting on Black or
Evens on Roulette, etc… |
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Flush (Cash-out) |
Flushing a cash-out just means speeding up the process by the
casino removing the money from the “pending withdrawal” state and moving it
straight into processing. Some (not all) of the better casinos will do this for players on
request. Note: This does NOT mean you will necessarily get your money
quicker, but you won’t be able to reverse it back into your account and play
on. |
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Free-Chip |
This is a bonus given without the player needing to deposit, at a
casino where he is already an active member (i.e. has deposited and played in
the past), or to attract new players to sign-up and try the casino with NO
RISK! For the best free-chips currently available, see this page. |
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Fruit
Machine |
A game which looks a lot like a Slot Machine, but works in a
totally different way and is NOT truly random. See AWP Slot
above. |
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Gnome |
A person who creates multiple accounts at the same casino in
order to try to exploit a generous bonus over and over. This involves using
false information and nearly always ends up with the player getting found
out, banned, and losing their winnings and/or deposits. |
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House |
The provider of the betting opportunity; e.g. Casino, Poker
Room, SportsBook, etc.. |
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House
Edge (HE) |
This is the percentage the house makes over the long run on any game.
e.g. if a game had a House Edge of 5% the casino would make $5 for every $100
wagered on the game. It is the same thing as RTP, but expressed
the other way round; 100% - RTP = HE |
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IR |
Immortal
Romance: A very popular very high variance slot in MicroGaming Casinos. Obviously based on the Twilight
series of films – vampires galore! |
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LOTR |
Lord Of
The Rings; Was a very popular slot in MicroGaming Casinos.
This is one of the very few games to be withdrawn by MG (presumably due to
licensing issues). They later released an exact clone: Girls with Guns, so players can still enjoy the features the
original slot had to offer, but with hot girls instead of fantasy characters! |
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Low-Risk
Wager |
A term used by some casinos in their bonus T&Cs; They don’t
allow Low-Risk Wagering to clear the WR on a bonus. Low-Risk
Wagering includes such things as betting on Black and Red at the same time in
Roulette. The casino should clearly spell out which exact bets are not
allowed; if they don’t, either check with the casino first, or don’t play
there. NEVER
assume anything – if you break a rule you wont get paid. |
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Maximum
Cash-out |
Maximum cash-outs are usually only enforced when playing with a
bonus, though we have heard of some rogue casinos imposing this on a
non-bonus deposit! It is important to always check bonus terms for this rule
BEFORE claiming the bonus. |
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MG |
MicroGaming:
A popular brand of casino software (No USA). See this page. |
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NDB |
No
Deposit Bonus: A bonus given without the player having to make a deposit. Note that if the player has NEVER deposited at the casino
before, they usually will be asked to make a small “token” deposit before
withdrawing the winnings from the NDB. This is for anti-fraud and anti-underage gambling verification
reasons. For the best NDBs currently available, see this page. |
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NetEnt |
Net
Entertainment: A popular brand of casino software (No USA). See this page. |
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No-Risk
Wager |
A term used by some casinos in their bonus T&Cs; this is basically
a nonsense term because the only time a wager can be truly “no risk” is if
the game has 0% House Edge. See also Low-Risk Wager above. |
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PAB |
Player
Arbitration (Previously called Pitch-A-Bitch): This is
CasinoMeister's FREE service to help players with problems at non-rogue
casinos. Start on this page. Make sure you read ALL the rules! |
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Phantom |
Phantom
Bonus: See Bonuses |
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Post-Wager |
Post-Wager
Bonus: See Bonuses |
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Progressive
JP |
Progressive
Jackpot: This is a jackpot which steadily increases as people play because
a tiny proportion of their bet is “filtered off” into a jackpot “pool”. The jackpot is usually won by getting the top-pay symbols on a
certain win-line on a slot, the best hand in a table poker game, or by other
similar events occurring. The odds of winning any Progressive Jackpot are many millions to
one against. In our opinion it is folly to “chase” one. |
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Pub
Slot |
A game which looks a lot like a Slot Machine, but works in a
totally different way and is NOT truly random. See AWP Slot
above. |
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Rigged |
When people talk about a game being “rigged” they mean it has
been programmed to produce a non-random result which favours the casino or
house. |
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RJ |
Random
Jackpot: This is a jackpot, usually on a slot machine, where it is won
entirely at random and is not related to the symbols appearing on the reels
at the end of your spin. Nearly all casino softwares incorporate an RJ on one
or more of their games. |
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RNG |
Random
Number Generator; An electronic circuit which produces a random number to be used
by casino software to determine the outcome of a game. Some players talk about the RNG being “rigged”, but this is not
possible. All an RNG does is produce a number – if anything is rigged, it is
the software. |
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Rogue
Casino |
This term was first coined by CasinoMeister; It describes any
casino or group who have demonstrated gross unfairness towards one or more of
their players. Usually denying winnings due to vague or made up terms,
dragging out cash-outs, not paying at all, not responding to players or
advocates trying to help them, etc… Rogue casinos should be TOTALLY avoided by everyone. Don’t even
play free-chips. |
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RTG |
RealTime
Gaming: A popular brand of casino software (USA allowed). See this page. |
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RTP |
Return
To Player: How much the game pays out, on average; Say a slot machine is
set to 95% RTP - that means you will get 95% of all your wagers back in
winnings. e.g. For every $100 worth of bets you place, you will win back
$95. Note: The RTP is based on playing infinite spins – short sessions can
have massively different results. |
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Shill |
This is a person who pretends to be an ordinary player, when in
reality they actually work for, or are being paid by casinos to discretely
advertise them. Typically a Shill will post on forums such things as “I
played at XYZ casino and it’s absolutely great!” |
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Software |
This is a general term used, which actually means the Games
Provider – the companies who actually produce the casino games. e.g.
Microgaming is the leading brand of software and Net Entertainment is the
next most popular. |
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Spammer |
A person who sends out unsolicited e-mails or posts links to
their website or casino on forums without permission from the forum owners. Forum spammers are really stupid as they always get quickly
banned. |
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Spirit
of the Bonus |
This is a rogue term used by some casinos in their bonus
T&Cs; basically it is a cover-all for ANY type of betting activity the
casino thinks gives the player an unfair advantage over them. Some casinos
will deny winnings based on Spirit of the Bonus even when no specific T&C
has been broken. However, no reputable casino should do this. |
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Sticky |
Sticky
Bonus: See Bonuses |
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SUB |
Sign-Up
Bonus: The first bonus you are offered when joining a new casino. Also
sometimes called a Welcome Bonus. |
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T&Cs |
Terms
and Conditions: The rules you must adhere to when partaking in any form of online
gambling. If bonuses are involved, be sure to always thoroughly read the
bonus T&Cs as well as the General T&Cs, as unpleasant rules can be
found in either. |
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Tilt |
On
Tilt: This is when a player gets fed up or annoyed and starts placing
large or reckless bets they wouldn’t normally do. The term is most used for
Poker players. |
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TR1, TR2, TS1
& TS2 |
Common abbreviations for four of MicroGaming’s
most popular slots: TR1: Tomb Raider (original 15-line version) TR2: Tomb Raider – Secret of the Sword TS1: Thunderstruck (original 9-line version) TS2: Thunderstruck II |
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Troll |
A person posting on forums whose main purpose seems to be stirring
up trouble and/or baiting and insulting other members for their own
gratification. |
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Variance |
The expected swings in fortune of any given game: Low Variance: You get lots of frequent wins, but they are mostly
very small. High Variance: You get very few wins, but you have the chance of
a massive hit. Some examples: Blackjack is a very Low Variance game – the max win is Bet x 1.5 Lotteries are very High Variance – you have a tiny chance of
winning millions. |
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Volatility |
Means the same as Variance. See above. |
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WGS |
WGS
Technology: A software brand which used to be called Vegas Technology (or V-Tech for short), which in turn was a
spin-off of CryptoLogic Software (many
identical games) which was used by the once very popular Intercasino. Casinos using WGS are available for most countries, including the USA but not Canada. For
casinos using WGS, see here. |
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White
Label |
White Label Casinos are ones where the management don’t actually
own and run the software themselves, but sort of “rent” it from the owners. A
good example is the Rival Gaming Software Brand; the majority of their
casinos are owned by Silverstone Overseas (part of Rival) who also handle the
Customer Support and Money Processing. All the casino management do is handle
the casino’s Design and Marketing (including setting up bonus offers). |
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WR |
Wagering
Requirements: When you take a bonus, this is the amount you need to bet
before being allowed to cash out (Except for Flexible or Sticky bonuses – see
above). This
involves Wagering a set amount of money on specified games. e.g. If you
played 10 hands of BlackJack at $10 per hand, won half & lost half of
your hands, your bank balance would be the same as when you started but you
will have wagered $100. However,
most non-slot games are “weighted” so they count less in the WR. E.g.
if Blackjack counts at 10%, you need to wager 10x more. |
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+ +
+ + +
+ + +
+ + +
+ + +
+ + |
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Key |
Key to Abbreviations
used on the Casino and Bonus info pages on this site: |
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SW = Software; |
BS = BetSoft, IGT = International Game Technology
(also known as WagerWorks), MG =
MicroGaming, Multi = Casinos with
Multiple different softwares; these usually include NetEnt and/or MG with up
to dozens of others. NE = Net
Entertainment, NW = NuWorks, Own = Propriety Software, PT = PlayTech, Ri = Rival Gaming, RTG
= RealTime Gaming, VT = Vegas Technologies, WL = WagerLogic (CryptoLogic), WGS = WGS Technology (Previously
called Vegas Technology, or Vtech), WMS
= Williams Gaming. |
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Rating / Date; |
SUB = Sign-up Bonus, Data Date = When I last checked the
T&C’s of the initial Sign-Up Bonuses. |
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SUB Rating Points; |
This
figure is calculated from the value of the SUB in terms of play on 95% return slots. It does not apply
to play on other games. e.g.
If the rating is 3.6 on a 100%
cashable bonus, mathematically your balance will reach zero exactly when you
complete the WR. A
rating of 5.0 would mean you would
break-even at WR point (i.e. get your deposit back). |
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Game Abbreviations; |
BJ = BlackJack, SDBJ = Single Deck BJ, Roul = Roulette, Bac = Baccarat, VP =
Video Poker, Red = Red Dog, Sic = Sic-Bo, 3-card = 3-card poker |
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WR; |
WR = Wagering
Requirements. D = Deposit, B =
Bonus. |
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NOTE; |
Some
casinos impose stricter WR, or don’t allow bonuses or even play from some
countries. Always check T&C’s for this before sign-up. |
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Anything needs adding
to these lists? Please let me know! Contact: KK
@ KasinoKing.co.uk (remove spaces) |
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created: 11~01~12 Last full review: 13~04~18 Last update: 05/12/23