Reference

Every Betting and Casino Term, Defined Plainly

The bettorlock glossary covers the words you run into across the sportsbook, slots, and live dealer lobby — from point spread to RTP to KYC.

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bettorlock Every Betting and Casino Term, Defined Plainly
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If a term in your account, on a paytable, or on a bet slip isn't making sense, our support team can walk you through it. Reach out through any of the channels below — we cover account questions, payment paths, and game mechanics.

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Help Center Browse account-specific articles covering Play+ prepaid setup, identity verification document requirements, and common sportsbook term definitions — all searchable by keyword.
bettorlock Know the Language Before You Place a Wager

Know the Language Before You Place a Wager

Knowing what a term actually means changes how you read a bet slip or a slot paytable. When you see a rollover requirement attached to a promotion, or a volatility rating on a game like Gates of Olympus, understanding those words keeps you from making moves you didn't intend. The same goes for your account — KYC and identity verification steps have

specific meanings that affect how quickly a withdrawal clears through PayPal, Venmo, or your Play+ prepaid card. This glossary gives you the working definition of each term, organized from core concepts through to odds, payments, and account management.

Core Game and Betting Terms Explained

Start here if you're new to the lobby or want a quick refresh on foundational concepts you'll see across slots, table games, and the sportsbook.

Return to Player — the percentage of all wagers a game pays back over a large number of rounds. A 96% RTP means 96 cents back per dollar wagered, on average, over time.

The mathematical advantage a game holds for the operator. On a roulette wheel with a single zero, the house edge is about 2.7% — the share of each bet the house retains statistically.

How often and how large a slot pays out. High volatility means fewer wins but bigger amounts when they hit; low volatility delivers smaller, more frequent payouts across a session.

The total amount staked in bets. Turnover is often used in promotion terms — a rollover or wagering requirement specifies how many times a balance must be wagered before a withdrawal is eligible.

A jackpot is the slot's largest available prize pool, either a fixed cap or a progressive amount that grows with play. Pragmatic Play titles like Fruit Party carry their own jackpot mechanics distinct from base-game pays.

A table game — blackjack, roulette, baccarat — streamed in real time from a studio with a human dealer. Evolution is the primary studio providing live dealer content across most US-accessible platforms.

Odds, Payments, and Account Terms Defined

These terms appear most often when you're reading a bet slip, funding your account, or moving through identity verification — the language of the cashier desk and sportsbook combined.

A straight bet on which team wins, no point spread involved. A -150 moneyline means you wager $150 to win $100; a +130 means a $100 bet returns $130 profit if correct.

A total-points market where you bet whether the combined score finishes above or below the number the sportsbook sets. Common in NFL football and NBA basketball game slips.

Multiple prop or line selections from a single game, combined into one bet. All legs must win for the parlay to pay. Correlating legs — like a quarterback throwing for yards and his team winning — affects the odds offered.

The number of times you must wager a promotional balance before it converts to withdrawable funds. A $50 bonus with a 10x rollover means $500 in total wagers are required before cash-out.

Know Your Customer — the identity verification process that confirms your name, age, and state of residence before a withdrawal is processed. Document uploads typically include a government-issued ID and a proof-of-address item.

A digital payment account — PayPal and Venmo are the common examples in the US — that lets you move funds to and from your betting wallet without sharing bank details directly with the platform.

How These Terms Apply Inside Your Account

Definitions are useful; knowing where each term shows up in your actual account flow is what makes them actionable. These questions connect the glossary to the real steps you take on the platform.

RTP is shown only when the game provider publishes it. In the lobby, open the game's info panel — Pragmatic Play and PG Soft titles typically display it there. We do not display figures the provider has not confirmed.

Until the rollover threshold is met, promotional funds stay locked from cash-out. Once the wager count clears, your available withdrawal balance updates automatically and a PayPal or Venmo payout can be requested from the cashier tab.

KYC is required before your first withdrawal and may be triggered by account threshold activity. You'll upload a government-issued ID and an address document through the verification page in your account settings.

Player prop bets are wagers tied to individual performance — a quarterback's passing yards, a receiver's receptions, or a running back's touchdowns in a single game, independent of the final score.

Play+ is a prepaid card account that sits between your bank and the platform. You load it like a debit card and use it to deposit — no direct bank link required. PayPal draws from your linked bank or PayPal balance directly.

High-volatility titles like Sky High Crash can run through your balance before a big round hits. Many players keep bet sizes smaller on high-volatility games and increase them on lower-volatility slots to extend session time.
Reference

bettorlock Betting Glossary

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