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Glossary of Casino Terms - G OnlineCasino Deutschland

Glossary of Casino Terms - G OnlineCasino Deutschland

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Glossary of Casino Terms - G OnlineCasino Deutschland -

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A bet is the word used to describe an amount of money placed on the outcome of an unpredictable event, such as a sports match or political elections.

What is American Roulette? It is a table game where the players have the option to bet on single numbers, a range of numbers, on colours or whether the outcome is odd or even.

A wheel is spun by the croupier […]. In the gaming and online casino industry, GGR stands for gross gaming revenue. It is calculated as the difference between the net profit the amount players wager minus the amount they win and the tax an establishment pays in regards to gaming supplies.

The profits can be huge. In , the Gross […]. What is Online Gambling? Online Gambling definition — Any form of gambling game which is played using a computer or mobile device and an internet connection can be referred to as gambling online.

Online establishments offer online casinos, sports betting, traditional casino games, video slots and more.

NGR stands for Net Gaming Revenue, which is defined as the gross bets total, less the payout from any transaction with a visitor, or in which a visitor is credited, fewer returns, bonuses and chargebacks.

Net Gaming Revenue is the basic profit of a casino, gambling establishment or online casino which is […]. What are Land Based Casinos?

Land based casinos are physical casino premises that are commonly known as brick and mortar casinos. The term is used to differentiate between casino venues and their online counterparts.

Some casino brands operate a mix of land based and online casinos, while other brands have either one or the other.

Taxable means that tax is liable to be paid on the amount in question. Taxable income or taxable profit means the amount on which tax must be paid — […].

A non sticky bonus is a withdrawable bonus a player can turn into cash once he has fulfilled all the bonus requirements.

A player usually receives the bonus upon signing up and making his first deposit. It is separate from the Proprietary GGY retained by the operator and not subject to any share agreement.

Gross Gambling Yield is the value of all […]. For the player, it represents the amount held from gambling minus the amount spent on bets.

The GGY figures are important when calculating tax for the operator or the player, depending on the […]. What is a Bookmaker?

A Bookmaker is a person or company whose job it is to calculate odds on betting events, take bets and pay out winnings.

Online bookmakers have become increasingly popular and most bookmaking organisations also have an online brand as well as high street stores.

Bookmakers typically make money by adjusting the […]. Older machines are mechanical and use wheel based spins, while newer machines use digital technology similar to arcade gaming machines.

What is a Jackpot? A jackpot is typically a large prize fund awarded either randomly or to the highest win. Usually associated with slot machines or video poker, the value of the jackpot increases by a small increment with each game unless the jackpot is won.

In the case of slot machines, multiple machines are […]. What is a Scatter Symbol? A scatter symbol is a symbol in a slots game which does not need to be on a win line.

The scatter symbols can appear anywhere on the playing reels in order to score a win for the player. If enough scatter symbols are landed, the player will win a […].

This public body oversees the licensing and regulations of online gambling and casino operations in the UK and also oversees the National Lottery.

What is Online Gaming? Online gaming is a general term used to describe any form of video game that is played online. What is a PAR Sheet? These sheets detail how a particular slot machine is programmed, such as the payout rules.

It is not a record of how a slot machine has performed, rather an outline of how the machine should […]. Some of these you may know, and some you may not.

Quite simply, casino lingo can be confusing — particularly if you want to jump straight into an online casino or a particular game. Simply click on the term of your choice to find a detailed explanation that includes links to related terms, practical explanations of how the term works in context and other vital info, all designed to help you play smarter.

Throughout this website we provide information on bonuses and offers from numerous online casinos. Each of these offers have specific Terms and Conditions.

The exact details can be found on the operator websites that we direct you to when you click on an offer. We strongly recommend that all visitors familiarise themselves with these terms and conditions ensuring they are comfortable before making a deposit.

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