- Cashback
- A refund of part of your net losses over a period, such as a day or a week. Unlike rakeback it only pays out when you lose.
- House edge
- The average share of every bet that the casino keeps over time. A 2% house edge means the casino expects to keep 2 units for every 100 wagered.
- RTP (return to player)
- The share of all wagers a game pays back to players on average over a very large number of bets. It is the opposite of the house edge: 96% RTP means a 4% house edge.
- Provably fair
- A system where the casino commits to random seeds before a round so you can verify afterwards that the outcome was not changed. It proves the result was fair, not that you will win.
- KYC (know your customer)
- Identity verification, usually a photo ID and proof of address, that regulated businesses use to prevent fraud and money laundering. Some crypto casinos ask for it only above certain withdrawal limits.
- No KYC casino
- A casino that lets you sign up, deposit and often withdraw without submitting identity documents. Rules vary, and checks can still apply in some cases.
- Volatility
- How widely a game's results swing. High-volatility games pay less often but can pay more, while low-volatility games pay small amounts more regularly.
- Stablecoin
- A cryptocurrency designed to track a fiat currency, most often the US dollar. Tether (USDT) and USDC are common examples, and they let you play without price swings in your balance.
- Confirmations
- The number of blocks added on top of your transaction on the blockchain. Casinos usually wait for a set number before crediting a deposit.
- Network fee
- The fee you pay the blockchain network to process a transaction. It is set by the network, not by the casino, and changes with how busy the network is.
- VIP program
- A tiered rewards scheme that raises benefits such as rakeback, bonuses and support as your wagering grows.
- Maximum bet
- The largest single bet allowed while a bonus is active. Exceeding it can void the bonus and any winnings from it.