Knowledge Base
Glossary
Plain-English definitions for the terminology used across MBA66.
- Asian Handicap
- A type of sports bet that eliminates the draw outcome by giving half or quarter goal advantages.
- Bankroll Management
- The practice of setting limits on how much money a player uses for betting to avoid excessive losses.
- Bonus Code
- A short alphanumeric string that players enter to unlock a specific promotion or free spins.
- Cashback
- A promotion that returns a portion of a player's net losses over a specific period.
- Handicapping
- A sports betting practice where a point advantage is assigned to a weaker team to level the odds.
- Hit Frequency
- How often a slot produces a winning combination, expressed as a percentage.
- House Edge
- The mathematical advantage the casino holds over players in any given game.
- Instant Play
- The ability to play casino games directly in a web browser without downloading any software.
- KYC
- The process of verifying a player's identity to prevent fraud and comply with regulations.
- Live Dealer
- A real person who runs a casino game via video stream, interacting with players in real time.
- Loyalty Points
- Credits earned by playing that can be exchanged for bonuses, free spins, or other rewards.
- Max Bet
- The highest amount a player can wager on a single spin or round, often required to trigger certain jackpots.
- Minimum Deposit
- The smallest amount a player must fund their account to claim a bonus or start playing.
- Mobile Responsive
- A website design that adapts seamlessly to smartphones and tablets for optimal viewing and play.
- Multi-Bet
- A wager that combines several selections into one bet, offering higher odds but requiring all selections to win.
- Payout Ratio
- The proportion of total bets that the casino pays out as winnings over a set period.
- Progressive Jackpot
- A prize pool that grows with each bet placed, often reaching life‑changing amounts.
- Provably Fair
- A system using cryptographic algorithms to verify that game outcomes are not manipulated.
- Regulatory License
- An official permit issued by a gaming authority that ensures the casino operates legally and fairly.
- RNG
- A software algorithm that ensures the outcome of each spin or card draw is random and unbiased.
- RTP
- The percentage of total wagers a slot or game returns to players over time, indicating expected payout.
- Time-Limited Offer
- A promotion that is only available for a short window, encouraging quick action.
- Volatility
- A measure of how often and how much a slot pays out; high volatility means bigger but rarer wins.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings.
- Withdrawal Speed
- The time it takes for the casino to process and send a player's funds to their chosen payment method.