Knowledge Base
Glossary
Plain-English definitions for the terminology used across Betcity Asia My.
- Age Verification
- The process of confirming a player is legally old enough to gamble.
- Asian Handicap
- A type of spread betting that eliminates the draw outcome and gives a handicap to the underdog.
- Bankroll
- The total amount of money you have set aside for betting.
- Bet Slip
- The digital ticket where you record your selections and confirm your wagers.
- Cash Out
- The option to settle a bet before the event ends, locking in a profit or limiting a loss.
- Cashback
- A bonus that gives you back a portion of your losses over a set period.
- Free Spins
- Bonus rounds on slot machines that let you spin without using your own money.
- House Edge
- The built-in advantage a casino has in each game, expressed as a percentage of each bet.
- In-Play Betting
- Placing bets on events while they are already in progress, with odds that update as the action unfolds.
- KYC
- The process of verifying a player's identity to prevent fraud and comply with regulations.
- Live Dealer
- A real human croupier who runs table games via video stream, offering a more authentic casino feel.
- No Deposit Bonus
- A promotion that gives you a small amount of bonus funds just for signing up, no deposit required.
- Odds
- The probability of an outcome expressed as a number, indicating how much you can win relative to your stake.
- Over/Under
- A bet on whether a specific statistic will be higher or lower than a line set by the bookmaker.
- Parlay
- A single bet that combines multiple selections; all must win for the bet to pay out, offering higher odds.
- Payout
- The amount of money you receive after a winning bet, including your original stake.
- Provably Fair
- A system that lets players verify each game result is random and not manipulated.
- Reload Bonus
- A deposit match bonus offered to existing players when they add funds to their account.
- RNG
- The algorithm that ensures casino game outcomes are random and unpredictable.
- RTP
- The percentage of total bets a game returns to players over time; higher means better odds.
- Self-Exclusion
- A tool that lets you voluntarily block your account for a set period if you feel you need a break.
- Spread
- In sports betting, the points margin set by the bookmaker to balance the two teams' chances.
- Stake
- The amount of money you wager on a single bet.
- Volatility
- 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 from it.