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Terms and Definitions in Online Casinos

Today, many players in the gambling industry prefer to conduct their business online. The main difference between online casinos is their availability. Many people believe that they have more chances of winning online than in land-based casinos. But do not forget that any games were invented not only for entertainment but also for making money on those who want to get easy money.

Most often, in online casinos, players can enjoy the same range of games as in classic casinos such as roulette, blackjack, baccarat, poker in its variations, slot machines, and so on.

Today we’d like to introduce an article with the interpretation of the main terms and definitions that a player may come across playing casino games. These terms can be considered specific since they are not used in land-based casinos. In most cases, these are words from the world of slots.

Learn the main online casino definitions

Deposit–

This term refers to the input or replenishment of the player’s account with real money during registration. The most commonly used are bank transfers, debit or credit cards, electronic online wallets, or other transfer systems. Note that the number of ways to replenish the deposit speaks about the quality of the online casino itself.

Bonus–

Bonus is additional incentive funds from online casinos provided to the player as motivation for registering, opening a deposit, or for passing certain “stages” in the game.

The most common bonus can be considered the “Welcome bonus“. It is received by new players (more often for the first few deposits), it can increase the chances of the first win. The “Welcome bonus” may also include “Free Spins” – free or bonus games. There is a possibility that such a bonus will be accompanied by any bet conditions.

Another very common option for a no deposit bonus is a “No Deposit bonus”. To receive it, the player does not need to make a deposit, a simple registration will be enough. This is absolutely a casino marketing move to attract new customers. Most often, it is accompanied by a “Wagering requirements”. A wager is the minimum number of bets or the maximum amount you have to play in order to withdraw the won money from the account.

Wager–

Wager, in simple words, is a certain condition for receiving a bonus and at the same time, another way for an online casino to keep a player. Let’s take an example:

The player gets a wager to the deposit bonus, the casino allocates 100% for one hundred “dollars”, in theory, this is now 200 “dollars”. But this bonus with a wager, let’s say in “x25” (“multiplier by 25” – the coefficient is 1 to 25), which means that a gambler must play for at least 2,500 “dollars” before he gets the opportunity to withdraw his money. In case of withdrawal of the won money before reaching the specified threshold, you will lose your bonus funds.

It should be borne in mind that “Wagering” can be applied not only to the bonus itself, or to the deposit, but also to both options.

Spin–

Indicates the start of the slot machine reel. The “Spin” button starts the game.

Free spins–

As we have already said, this is a variation of a bonus or, more precisely, a bonus game from an online casino. It can be included in the “Welcome bonus” or received by the player for a successful match (from three or more) Scatter – special symbols in online slots. The number of free spins may vary.

Scatter–

Scatter are special symbols in slot machines, the appearance of which (at least out of three) allows the player to receive free spins or a bonus from the casino. This function is made to attract customers to slots.

Slots–

Slots are a very popular form of gambling entertainment in land-based and online casinos. Slot machines or pokies do not require knowledge of any special strategies. The so-called reels with symbols are located on the “screen” of the game. When you spin, the winning lines coincide or do not match. When three or more scatters fall out, the player receives a bonus.

Symbol–

Symbol – certain pictures depicted on the reel of the slot. It helps to collect the winning lines when spinning.

Wild symbol–

Wild can be called another bonus since Wild can replace any other picture in the line and thereby increase the player’s chances of winning. The only exceptions are Scatters. Since the Wild cannot replace them.

Sticky Wild–

This symbol literally sticks to the reel and remains (saved) on it during several spins in a row.

Expanding Wild–

Wild Expanding. This bonus is expanding (applies to the entire reel at once). It rarely falls out, but it can significantly increase the winnings, helping to collect several combinations at once.

Multiplayer Casino–

A kind of online casino in which the player can play not only against the “house” but also against other live users. This is how poker rooms work, for example.

Live Casino–

Live-casino is a type of online casino where visitors play with a live dealer. Today, large poker tournaments are held in the Live-casino format. Live casino games are gaining more and more popularity. Moreover, live casinos have their own bonus systems and certain wagering requirements.

Lobby–

In online casinos, this term is used to mean “place”. A page with a list of available games. They are divided into main categories, with additional divisions: popular games, new games, games with a progressive jackpot.

Progressive jackpot–

Both in land-based casinos and in online casinos, this value is used to determine a special type of jackpot in video slots. The main difference between the Progressive jackpot and the fixed one is that its size increases with each new spin (spin). A certain part of the bet goes into the “body” of the progressive jackpot. It grows until the moment it wins, after which it resets to zero and starts growing again. Games with such jackpots are called Progressive Slots.

Conclusion

We have analyzed the basic terms and concepts used in online casinos that can help a beginner not to get confused and stay away from delays or troubles. As for the terms of card games, they are almost identical for all casinos. The concepts that are found in the so-called Blackjack dictionary are also used at online tables with this popular game.

The history of the existence of gambling shows us that the biggest winnings in gambling can come completely by accident, or can be the result of many years of analysis and practice, according to famous cappers. In online casinos, players are not required to comply with the rules of land-based casinos, but it is better to know the basic rules and terminology in advance. We recommend you check out the top online casinos!

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FAQ

Blackjack, baccarat, and video poker generally offer the best odds for players. These games have a low house edge, providing higher chances of winning compared to other casino games like slots or roulette.

JackpotCity, Spin Casino, and LeoVegas stand out for their excellent features, game variety, and bonuses.

What is in the article?

 

  • What is the process of withdrawing?
  • Tips for convenient money processing
  • Methods for withdrawals

What is the process of withdrawing?

First thing you should take into account when thinking of cashing out the winnings is the time it takes to transfer the money to the banking account. Regardless the deposits are instant, the withdrawal process requires some security and verification processes. As soon as you made a request for withdrawing, don’t be shocked, it can take up to 4-5 days for the money to transfer from the casino account to your card. Although, it’s usually a lot faster, especially using e-wallets, because e-wallets are the quickest method right now. Such payments systems, like Skrill or Neteller, take from 0-72 hours to make a transaction. However, the bank wire transfers will take much longer.

Tips for convenient money processing

Don’t cashout the whole sum. If you win a large amount of money and are ready to withdraw all of them, ask yourself two questions: am I going to continue playing? or am I going to stop gambling for a while?. If you think to continue playing later, we recommend you to keep some money on the account and do not pay out every cent. Otherwise, you will have to again make deposits and just spend too much time on it.
Think ahead. Create a weekly plan when you will make a withdrawal, for example, on a certain day on the week, and stick to the plan. In this case you will always know when the next transfer is, and when the money drops on the banking account.

Methods for withdrawals

In fact, each casino provides a list of available options to make payouts. Mostly, the list is pretty similar, however, different casinos provide different withdrawal time, security aspects, privacy and other features. The fastest methods are e-wallets, such as Skrill, Instadebit, PayPal, Neteller, EcoPay, and Citadel. All of them provide fast transaction and secure service.

Conclusion

All things considered, money transferring, especially payouts, take some time. In order to minimize the time you should choose the suitable method and stick to the useful tips and strategies. Furthermore, there are a large number of methods you can choose from, however, not all of them are free and secure. By that, we recommend you to use e-wallets from our list and be confident in your financial safety.

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