iGaming Terminology
Technical terminology, mathematics, and technology concepts in iGaming explained
(1 term)
A(1 term)
Aggregator
A B2B software provider that acts as a hub, delivering thousands of games from various studios via a single API.
Read Guide→B(1 term)
Bonus Buy Explained
A mechanic that allows players to pay a premium (usually 50x-100x the bet) to trigger the game's main bonus round immediately.
Read Guide→C(1 term)
Crash Games
A modern genre of crypto-arcade games revolving around a rising multiplier and a "burst" mechanic.
Read Guide→G(2 terms)
Geo-Location
Technology used to verify a player's physical location to ensure they are playing from a permitted jurisdiction.
Read Guide→GGR (Gross Gaming Revenue)
The key financial metric for operators, calculated as Total Bets minus Total Payouts.
Read Guide→H(4 terms)
Hit Frequency
A percentage indicating how often a game generates a winning outcome on a spin, regardless of the prize size.
Read Guide→Hold Percentage
The actual percentage of chips/money the casino keeps from the "Drop" (total money bought in) over a specific period.
Read Guide→House Edge
The mathematical advantage that the casino has over the player in any given game.
Read Guide→HTML5
The modern coding standard that allows casino games to run natively in web browsers on both desktop and mobile without plugins.
Read Guide→K(1 term)
KYC (Know Your Customer)
The mandatory process where operators verify a player's identity to prevent fraud and money laundering.
Read Guide→L(1 term)
Live Dealer
A technology bridging online RNG platforms with physical casino studios using real-time video streaming.
Read Guide→N(1 term)
NGR (Net Gaming Revenue)
The actual profit figure for an operator, calculated by subtracting bonuses, taxes, and commissions from the GGR.
Read Guide→P(2 terms)
Progressive Jackpot
A pooled prize fund that increases incrementally every time a specific game is played but the jackpot is not won.
Read Guide→Provably Fair
A blockchain-based technology that allows players to verify the fairness of a game outcome manually.
Read Guide→R(3 terms)
Revenue Share (RevShare)
An affiliate commission model where the webmaster earns a percentage of the players' net losses for the lifetime of the account.
Read Guide→RNG (Random Number Generator)
The computational algorithm that ensures every spin, deal, or dice roll is completely random and independent.
Read Guide→RTP (Return to Player)
The theoretical percentage of wagered money that a specific game will pay back to players over time.
Read Guide→T(1 term)
Turnover (Handle)
The total amount of money wagered by a player or group of players over a specific period, regardless of wins or losses.
Read Guide→V(1 term)
Volatility (Variance)
A measure of the risk level associated with a specific game, defining how often and how big you can expect to win.
Read Guide→W(2 terms)
Wagering Requirement
The number of times a bonus amount must be played through before it can be withdrawn as real cash.
Read Guide→White Label
A turnkey solution where an operator rents a fully functional casino platform (license, games, payments) and simply applies their own branding.
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