A Glossary of Essential Casino Terms
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Published date: 2025/08/19
- Location: 7181, Low Mountain, Arizona, United States
Climbing the Loyalty Ladder
These points serve two purposes. First, they can often be converted directly into bonus cash or other small perks. As you move up the tiers, casino the rewards become more valuable: casino Higher point balances lead to higher tiers and casino improved benefits.
General Casino and Betting Terms
Bankroll: Your bankroll is your gambling budget. Wager/Bet: The amount of money risked on a single outcome of a game, such as a spin of a slot machine or casino a hand casino of blackjack. Casino Advantage The mathematical advantage the casino has over the player in any given game, usually expressed as a percentage. It ensures the casino is profitable in the long run. A 97% RTP means the house edge is 3%. A 3-to-1 payout means you win $3 for casino every $1 you bet. RTP (Return to Player): Specific to slot machines, this is the theoretical percentage of all wagered money that a slot will pay back to players over time. High Roller/Whale: A "whale" is a term for the very biggest high rollers.
These points serve two purposes. First, they can often be converted directly into bonus cash or other small perks. As you move up the tiers, casino the rewards become more valuable: casino Higher point balances lead to higher tiers and casino improved benefits.
General Casino and Betting Terms
Bankroll: Your bankroll is your gambling budget. Wager/Bet: The amount of money risked on a single outcome of a game, such as a spin of a slot machine or casino a hand casino of blackjack. Casino Advantage The mathematical advantage the casino has over the player in any given game, usually expressed as a percentage. It ensures the casino is profitable in the long run. A 97% RTP means the house edge is 3%. A 3-to-1 payout means you win $3 for casino every $1 you bet. RTP (Return to Player): Specific to slot machines, this is the theoretical percentage of all wagered money that a slot will pay back to players over time. High Roller/Whale: A "whale" is a term for the very biggest high rollers.
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