Knowledge Base
Glossary
Plain-English definitions for the terminology used across Betcity Asia My.
- Accumulator
- Accumulator is a bet that combines several selections, and winnings grow as each selection wins.
- AML
- AML refers to rules and procedures that ensure betting accounts are not used for illegal money transfers.
- Bankroll
- Bankroll is the total amount of money you set aside for betting, separate from your everyday finances.
- Bet Slip
- Bet Slip is the section where you review and confirm the bets you intend to place before confirming.
- Bonus
- Bonus is extra funds or free spins credited to your account, often subject to terms and conditions.
- Cash Out
- Cash Out allows you to settle your bet before the event ends, locking in a profit or limiting a loss.
- Cashback
- Cashback is a promotion that returns a portion of your losses as bonus money, giving you a second chance.
- Free Bet
- Free Bet is a no-cost wager you can use to place a bet, with any winnings usually returned without the stake.
- Handicap
- Handicap gives one team a virtual advantage or disadvantage to balance the odds in a match.
- House Edge
- House Edge is the built-in advantage a casino has in each game, expressed as a percentage of each bet.
- In-Play
- In-Play betting lets you place wagers on events while they are happening, with odds that update live.
- KYC
- KYC is the process of verifying your identity to prevent fraud and comply with regulations.
- Moneyline
- Moneyline is a straightforward bet on which team or player will win a match, with odds shown as positive or negative.
- No Deposit Bonus
- No Deposit Bonus gives you a small credit just for signing up, letting you try games without spending your own money.
- Odds
- Odds represent the likelihood of an outcome and determine how much you can win if your bet succeeds.
- Over/Under
- Over/Under is a bet on whether the total score in a game will be higher or lower than a set number.
- Parlay
- Parlay is a single bet that links multiple selections; all must win for you to get a payout.
- Provably Fair
- Provably fair is a system that lets players verify that each game result is random and not manipulated.
- Responsible Gambling
- Responsible Gambling means using tools and setting limits to ensure betting stays fun and does not become a problem.
- RTP
- RTP is the percentage of total bets a game returns to players over time; a higher RTP means better odds for you.
- Spread
- Spread is a handicap applied to a team’s score to level the betting field between favorites and underdogs.
- Stake
- Stake is the amount of money you risk on a single bet.
- Volatility
- Volatility measures how often and how much a slot game pays out; high volatility gives bigger but rarer wins.
- Wagering Requirement
- Wagering requirement is the number of times you must bet a bonus amount before you can withdraw any winnings.
- Welcome Bonus
- Welcome Bonus is a reward offered to new players, usually a match on your first deposit plus free spins.