Casinos have their own terms, including a variety of acronyms. You need to understand the different terms if you want to make better decisions and improve your playing experience.
RNG – Random number generator
When playing casino games at an online casino using a gambling app, the use of an RNG means that the results are fair. This technology produces a sequence of numbers without any predictable pattern. These numbers determine everything from which symbols appear on an online slot reel to the cards you receive in online poker. RNGs are independently tested to ensure that no one is able to predict or manipulate game outcomes.
RTP – Return to player percentage
This theoretical percentage refers to how much a player can expect to get back from wagers on a particular game over the long run. An RTP of 97% means that, on average, you will get back $97 for every $100 you bet over a long time period. The HS, or house edge, is 3% for an RTP of 97%.
A high RTP usually means better odds for you over the long term, so you can select a game that’s more profitable to play. The RTP won’t guarantee outcomes in individual sessions but provides valuable insight into the long-term payout potential of a game.
KYC – Identity verification
KYC is an abbreviation for ‘Know Your Customer.’ Casinos require identity verification, where players have to provide documents that confirm their identity and place of residence. This process helps to prevent fraud and money laundering. It is in the players’ interests because it ensures their safety.
Understanding this process helps you to prepare the necessary documents and avoid delays in withdrawing your winnings. Using crypto to make deposits and withdrawals is becoming more common today and has various benefits, such as more privacy and faster payments.
WR – Wagering requirements
This refers to the amount you need to bet before you can claim a bonus. If you want to budget like a pro, you must know that casinos attach conditions to their bonuses and promotions. They stipulate how many times you need to stake the bonus funds you receive before you can withdraw anything as your own money. Every bonus has a wagering multiplier, and if it’s 20x on a $10 bonus, then you have to bet $200 before you can cash out. By understanding the wagering requirements, you can choose bonuses that suit your budget. A high WR can make it hard to actually benefit from a bonus.
FS – Free spins
These are complimentary spins you receive in slot games. You don’t have to use your own funds to spin the reels. To trigger free spins in a slot game, you usually have to land three or more scatter symbols. The number of scatters you land will determine how many free spins you receive. In some slots, you can retrigger the free spins feature.
VIP – Very important person
A VIP has special status in a casino. It may be someone who plays regularly or spends a large amount of money gambling. VIPs have many privileges, such as special bonuses, their own account manager, and access to private gaming rooms. Access to special events and higher payout limits are other benefits VIPs may receive.
PJP – Progressive jackpot
Jackpot games such as Mega Moolah may have the label PJP. Unlike a fixed jackpot, a progressive jackpot grows every time someone plays, but the jackpot isn’t won. As players place their bets, the jackpot amount gets higher and higher. In some cases, it doesn’t stop rising until it’s won. When a lucky winner claims the progressive jackpot, the top prize returns to its base level.
BR – Bankroll
This is the total amount of money you have available for betting. It is considered disposable income that you can afford to lose without it affecting your daily living expenses. Managing your bankroll carefully will involve setting limits on how much to wager on a single bet and tracking all bets. This means that the decisions you make are strategic rather than emotional. You will be able to get through the inevitable losing streaks and stay in games for longer.
