Casino Word List – What Does It All Mean?
Online Casino terms can be confusing, and in the beginning the lack of knowledge can even cause you trouble.
We’ve all been new to playing Online Casino at some point and you might have found your way to this article because you want to know more, maybe to grasp the basics of how online slots work, or to find out what wagering and RTP is. Worry not, because Bigwinboard.com is here to sort it all out and give you the complete guide to understand the world of online casino.
Casino Word List
Welcome Bonus – most, if not all, online casinos offer new players a Welcome Bonus, something used to attract new customers while at the same time increasing their chances of winning on first try. There is usually wagering requirements attached to the bonus, but we’ll get to that later. A Welcome Bonus may often also include Free Spins and it is not uncommon for casinos to offer Welcome Bonuses on the first four deposits. Find all our bonuses here.
Free Casino Bonus – is something casinos use to take the Welcome Bonus one step further. A new player will get money upon registration without having made a deposit. There is almost always wagering attached to it and sometimes a max cap on the withdrawal. Want Free Bonuses? See our list here.
Wagering – when you accept a bonus or Free Spins there is almost always wagering requirements attached to it. The wagering must be completed before any withdrawal can be made. Requesting a withdrawal before completing wager can result in losing the bonus funds. This is how wagering works in practice: say you accept a 100% bonus and deposit 100€, you will then have 200€ to play with. And let’s say wagering requirements on this particular casino is 40x. This means you would have to play for a total of 4000€ before clearing wager. Beware, some casinos have wagering requirements on both deposit funds and bonus funds. A bonus that is advertised as 25x, may very well be 25x on bonus and 25x on deposit = 50x.
Casino License – for an online casino to be able to operate it must acquire a license. The most common licenses are the ones issued by Malta (MGA), UK (UKGC) and Curacao. Bear in mind that a casino must be licensed within the EU for winnings to be tax free. Therefore you may want to make sure the casino is licensed in either the UK or in Malta. This is most often displayed at the very bottom of the page on casinos. A casino may also hold multiple licenses.
Life Line Bonus (Parachute Bonus) – the life line type bonus is pretty much like any other bonus, but with one major difference. Say you deposit 100€ with a 100% bonus, giving you 200€ to play with. Using a life line bonus you first play with your own 100€, and if you win you can make a withdrawal right away! However, would you lose your 100€ and dip down into the other 100€ the bonus will have been triggered and you have to complete wager. You can find life line bonuses here.
Slots Word List
Slots – One-Armed Bandit, Slot machine or Fruit machine. A game with spinning wheels and paylines.
Scatter – a symbol in slots used to trigger a feature, a bonus or free game. A player usually needs at least 3 to trigger the feature.
Wild – the Wild symbol replaces all other symbols except the scatter and bonus symbols. These symbols may help you build winning paylines in games such as Dead or Alive.
Random Feature – is a feature in a slot that happens randomly. You may be introduced into something completely different from the regular base game and even taken to another level. A well know random feature is the Wild Desire in the slot Immortal Romance.
Free Spins – when it comes to slots, Free Spins is a kind of bonus play that is usually triggered by landing scatter symbols. This may award a player with a certain amount of spins which will lock the balance and increase the chances of big wins. Triggering Free Spins is very central when playing slots.
Sticky Wild – a kind of Wild that stays on the reel during multiple spins.
Expanding Wild – will expand and cover a whole reel.
RTP/Return to Player – RTP is a way to understand how much the slots give back to the players, long term. If a slot has an RTP of 98% it will pay back 98€ out of 100€. But this only evens out after millions of spins. Game play is heavily affected by variance.
Variance/Volatility – helps explain the swings of slots. On a high variance slot you can generally expect very low payouts over many spins but when a winning spin finally lands it has potential to be massive. A low variance slot works in the opposite way. You can expect many decent wins, but the max win potential is not that great.
Casino Streaming & Casino in Social Media
Rigged – accusing the losts of being fixed or tampered with to make a player lose.
Nerfed – a slot doesn’t work as it used to anymore and is concidered dead.
Get in there – used by streamers and viewers to celebrate a bonus or a big win.
Get the D – when chasing the bonus in the slot Bonanza.