Loonabet Casino Glossary
Casino Terms Glossary
Learn the key casino terms to better understand games, bonuses, and online operations. This glossary helps both new and experienced players navigate the world of online casinos with more confidence.
Bonus
Any promotional benefit offered by the casino, including welcome bonuses, free spins, cashback, and VIP rewards.
RTP (Return to Player)
The percentage that indicates how much a casino game returns to players on average over time. For example, an RTP of 96% means that, on average, for every $100 wagered, $96 is returned to the player.
Volatility / Variance
Indicates the frequency and size of payouts in a game. Low volatility = frequent, smaller payouts; high volatility = less frequent, but larger payouts.
Wagering Requirements
Conditions that specify how many times you must wager a bonus before you can withdraw the associated winnings.
Cashback
A percentage of losses returned to the player over a specific period, usually as part of promotions or VIP programs.
Free Spins
Free rounds on slots that allow you to play without spending your own balance, with winnings subject to wagering requirements.
Progressive Jackpot
A slot with an accumulating prize that increases with each bet made, potentially reaching very high amounts.
House Edge
The percentage representing the casino's advantage over the player in a game in the long run.
Segregation of Player Funds
The practice of keeping player deposits separate from casino operational funds to ensure protection in case of financial issues.
Responsible Gaming
Measures and tools provided to help players gamble safely, such as deposit limits, self-exclusion, and reality checks.
Random Number Generator (RNG)
A certified system that ensures game outcomes are random and fair, commonly used in slots and table games.
Betting Limits
Minimum and maximum wagers allowed per game or round, often specified in bonus terms.
Demo Mode
A free version of a game where players can practice without risking real money.
High/Low Volatility
Classifications of games based on payout frequency and size: low volatility pays smaller, frequent wins; high volatility pays larger, less frequent wins.