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Online Gambling Glossary: The Ultimate Guide to Gambling Terms and Phrases
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
Gamstop
The term that means the ability to block your gambling account. To bypass the system, you need to choose bookies not on gamstop what allows you to make deposits and withdraw money again.
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.
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Expanse Studios (GMGI) Secures ISO/IEC 27001:2022 Certification
Expanse Studios, the iGaming division of Golden Matrix Group, Inc. (Nasdaq: GMGI), proudly announces its recent certification to the ISO/IEC 27001:2022 standard, which demonstrates globally leading data security standards.
This globally recognized certification reinforces the Group’s dedication to safeguarding confidential information, client trust, and strengthening its competitive position in the iGaming industry.
The ISO/IEC 27001:2022 standard establishes a rigorous framework for managing and protecting information security across all operations. By attaining this certification, Expanse Studios has implemented a comprehensive Information Security Management System (ISMS) that ensures the confidentiality, integrity, and availability of data. This certification goes beyond compliance and assures our clients and partners of our stringent security protocols, protecting against cyber threats and unauthorized access.
“Achieving the ISO/IEC 27001:2022 certification marks a significant milestone in Expanse Studios’ journey. This certification not only reinforces our security framework but also highlights our commitment to upholding the highest standards of trust and integrity for our clients and players worldwide.”, said Damjan Stamenkovic, CEO of Expanse Studios.
In an industry where information security is paramount, ISO/IEC 27001:2022 certification demonstrates Expanse Studios’ proactive stance on cyber risk management and adherence to international best practices. The certification process included comprehensive evaluations, audits, and stringent checks, all contributing to a secure environment that benefits our clients, players, and business partners.
ISO certification assures the clients that Expanse Studios operates with top-tier security mechanisms, solidifying the role of the GMGI entity as one of the most trusted and compliant partners in the iGaming sector.
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Almedia Hires 17 New Staff Fuelling Exponential Growth
– Powering the next generation of rewarded user acquisition –
Almedia, the data-driven platform engineering the future of mobile gaming user acquisition – today proudly announces a major hiring wave which includes over 17 people from leading global tech and gaming brands. The new hires are essential to Almedia’s ambitious strategy for achieving exponential growth across Europe and Northern America over the next 12 months.
The new team members will join an already established team, based in Berlin, with a current headcount of 80, supporting a global client base of mobile game developers and publishers. The expanded team joins established departments including product development, marketing, account management, fraud, and talent acquisition. The 17 new hires will drive Almedia’s core mission: elevating user acquisition to new heights and engineering the future of intelligent engagement.
Moritz Holländer, Chief Executive Officer and Founder at Almedia, commented: “Since 2020, we’ve been at the forefront of rewarded user acquisition, and our services and results are being embraced by the global mobile gaming industry, by companies such as Playtika, SuperPlay, Plarium, and Monopoly Go. Team Almedia is witnessing real-time exponential demand for its rewarded UA services, hence we have a robust scaleup roadmap in place to help us manage demand.”
He added: “What we’ve proudly achieved in four years is quite remarkable. With zero funding, a highly profitable organisation, we are humbled to be assembling a true dream team for the global mobile gaming industry. We are thrilled to welcome the latest waves of new hires to the team, which will help us to further establish our brand as the most credible, data-driven rewarded user acquisition company in the world.”
The new hires include
- Andrey Shilin, Lead Product Manager
- Holly Pickerell, Workplace and Culture Manager
- Sabina Halilovic, Fraud Analyst
- Alexander Rasch, Senior Finance Manager
- Alisson Paschoal Hausmann, Senior Mobile Developer
- Anthony Clement, SEO Manager
- April Chen, Senior Customer Success Manager;
- Benedikt Roth, Lead User Acquisition Google Ads Manager
- Caroline Sobkow, Talent Acquisition Partner
- Federica Stiscia, Senior Gaming Partnership Manager
- Marc Hammes, SEO Manager
- Mapa Vega, Senior Talent Acquisition Partner
- Pablo Herranz, Senior Talent Acquisition Partne
- Ravisankar Chinnam, Senior Frontend Developer
- Kutay Akalin, Data Scientist
- Aleksei Smagin, Junior Affiliate Specialist UA
- Neil Laverty, Senior Customer Success Manager
Almedia currently has a range of positions open across operations, talent, product, marketing and more. To learn more about careers at Almedia, visit the jobs section on the website.
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Huge Jackpot at King Billy Casino: C$3,658,306!
King Billy Casino, launched in 2017, has had some impressive players wins during the “reign of King Billy”. A few of them include Live Game winnings of €135,223, daily winnings from 2 or more slots of $164,000, and €250,000 won on a single spin. However, the latest win by a King Billy Casino player dwarfs every big win that has come before this. Actually, it’s bigger than all previous big wins combined for the operator!
Because, we are talking about C$3,658,306.
This amazing six-digit number was the result of a player going on a safari in her (and millions of other players) beloved Mega Moolah progressive slot from Games Global. In an autumn, the player stepped into eternal summer by wagering a small C$6,25 bet and winning 562.816 times her bet! This is the power of Mega Moolah, as evidenced at King Billy.
King Billy people had only warm words for the occasion. A representative of the casino has stated: “We are elated, for this huge big win. We can never forget that our first big win, many years back, was more than 200,000 Canadian dollars, so we have special ties with the region. And it’s now amazing to see our VIP-player making such a cashback and echoing that big win! Congratulations to our player”.
A few words about Mega Moolah. It was an Internet sensation when it was launched with its beautiful graphics and sounds, and immersive gameplay and it is a sensation today, still going strong after almost 20 years. The slot, which has spawned more than 20 variations, and has given millions in cash to players all over the world (including 5 millionaires in 2024 alone) features 4 types of jackpots that make it stand out from the competition.
About Games Global
Games Global is a supplier of the online gaming industry delivering force and direction to gaming with more than 1,300 top class games. The company has made a commitment to deliver the industry’s more disruptive ideas and compelling data-driven gaming experiences. Games Global features a total of 40+ partnered and in-house studios, services 600+ branded websites and boasts record-breaking jackpots with its worldwide network.
About King Billy Casino
Established on St Patrick’s Day in 2017, King Billy is a renowned new generation casino with more than 26 awards and accolades. The casino is available in English, German, French and Finnish, and created a unique user experience, building on the theme of King Billy and his Kingdom. King Billy ensures that all its players, “Citizens” in the casino language, receive the care and attention they deserve.
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