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Glossary

The vocabulary of platforms, payments and game mathematics.

28 results

Affiliate

Affiliate

A referral partner that may receive commission under a commercial arrangement.

Blockchain

Blockchain

A linked-block history and network mechanism; it does not imply immediate finality for every transaction.

Confirmation

Confirmation

Inclusion of a transaction in chain history, or the depth of that inclusion; distinct from platform credit.

Cryptocurrency

Cryptocurrency

A digital asset using cryptographic and network mechanisms; asset, network and custodial balance are different concepts.

Deposit

Deposit

Funding a third-party account; external payment and platform credit may occur at different stages.

E-Wallet

E-Wallet

A digital payment service that may use stored value or linked instruments; wallet models differ.

Fiat Currency

Fiat Currency

Currency issued within a monetary system; account, payment and settlement currencies can differ.

Game Provider

Game Provider

A developer of game software and content, distinct from the account-operating platform.

House Edge

House Edge

The operator’s expected share of wagers under a model, rather than a fixed per-round deduction.

iGaming

iGaming

The industry and products associated with internet-delivered gaming services; this publication focuses on online casinos.

KYC

KYC

Know Your Customer: a process for checking customer identity, not a measure of service quality.

Mobile Web

Mobile Web

A service accessed in a mobile browser, distinct from native applications or store availability.

Native App

Native App

Software built for a particular operating system, requiring publisher, version and distribution checks.

On-Chain Transaction

On-Chain Transaction

A transaction recorded on a blockchain network, distinct from a change in a platform’s internal ledger.

Online Casino

Online Casino

An internet-accessible casino service, classified by product model, access method and transaction capabilities.

Operator

Operator

The entity operating a platform and its services; it need not develop the game software.

Payment Gateway

Payment Gateway

A technical layer communicating transaction information between a merchant and payment systems, distinct from settlement.

Payment Provider

Payment Provider

A service handling payment processes, with instrument and regional scope that need separate checks.

Paytable

Paytable

The mapping from outcomes to payouts, interpreted with version-specific probabilities and conditions.

Platform Compatibility

Platform Compatibility

The scope of device, browser and operating-system support, verified for specific versions.

Progressive Jackpot

Progressive Jackpot

A pool increasing under specified rules rather than a fixed payout; a larger amount does not imply a more likely outcome.

Provably Fair

Provably Fair

A commitment and disclosure mechanism for checking certain outcomes, not a verdict on overall platform quality.

RNG

RNG

A random number generator supplies values mapped to outcomes by game logic, separately from payout rules.

RTP

RTP

The long-run expected payout ratio under specified rules and assumptions, not a guarantee for a session.

Transaction Fee

Transaction Fee

A transaction charge from a service, instrument or network; zero platform fees do not imply zero total cost.

Volatility

Volatility

Variation in the outcome distribution; provider labels may not share a common statistical scale.

Wager

Wager

The amount or credits staked under game rules, distinct from expected gain or loss.

Withdrawal

Withdrawal

Moving an eligible platform balance to an external destination; request, processing and receipt are different stages.