Gambling and Crypto Glossary
Your comprehensive guide to terms and definitions in the world of online gambling, affiliate marketing, and cryptocurrency exchanges.
RTP (Return to Player)
casinoThe percentage of all wagered money that a slot machine or casino game will pay back to players over time. For example, a 96% RTP means the game returns $96 for every $100 wagered on average.
House Edge
casinoThe mathematical advantage that the gambling game, and therefore the commercial gambling venue, has over you as you play over time. It's the opposite of RTP (100% - RTP).
Wagering Requirements
casinoConditions that require players to bet a certain amount of money before they can withdraw bonus funds or winnings from bonus funds.
Free Spins
casinoA casino bonus that allows players to spin the reels of a specific slot game without using their own money, while still having the opportunity to win real money.
Progressive Jackpot
casinoA jackpot that increases incrementally each time the game is played but the jackpot is not won. It can grow to massive amounts before being triggered.
Comp Points
casinoComplimentary points given to casino players based on their betting activity that can be converted into cash, bonuses, or other rewards, creating additional value for loyal players.
High Roller Programs
casinoSpecial VIP schemes for players who wager large amounts, offering enhanced bonuses, higher deposit/withdrawal limits, personal account managers, and exclusive promotions.
Revenue Share
affiliateA commission model where affiliates earn a percentage of the revenue generated by the players they refer, typically for the entire lifetime of the player.
CPA (Cost Per Acquisition)
affiliateA one-time fixed payment made to affiliates for each new depositing customer they refer to a gambling operator.
Hybrid Deal
affiliateA commission structure that combines elements of both CPA and Revenue Share, offering affiliates an initial payment for the player plus ongoing revenue share.
Conversion Rate
affiliateThe percentage of website visitors who take a desired action, such as signing up for an account or making a deposit at a referred casino.
Cookie Tracking
affiliateA method used to track user activity by placing small pieces of data in the user's browser, allowing affiliates to receive credit for referrals.
Sub-Affiliation
affiliateA program where affiliates can recruit other affiliates and earn a percentage of their earnings, creating a multi-level commission structure.
Lifetime Commission
affiliateA payment structure where affiliates continue to earn commissions from referred players for as long as those players remain active, maximizing long-term income potential.
Commission Tiers
affiliateA structure where affiliate commission rates increase as they generate more revenue or refer more customers, incentivizing higher performance.
Liquidity
exchangeThe degree to which a cryptocurrency can be quickly bought or sold on an exchange without affecting the asset's price.
Maker Fee
exchangeThe fee paid by traders who add liquidity to an order book by placing limit orders that aren't immediately matched.
Taker Fee
exchangeThe fee paid by traders who remove liquidity from an order book by placing orders that are immediately filled.
KYC (Know Your Customer)
exchangeA standard due diligence process used by exchanges to verify the identity of their customers, required by regulations to prevent fraud and money laundering.
Cold Storage
exchangeThe practice of keeping cryptocurrency offline in wallets not connected to the internet to prevent hacking and theft.
Staking Rewards
exchangeEarnings received from locking up cryptocurrencies to support network operations, similar to interest in traditional banking but often with higher yields.
Yield Farming
exchangeThe practice of staking or lending crypto assets to generate high returns in the form of additional cryptocurrency tokens, often providing double-digit annual percentage yields.
Exchange Token
exchangeA cryptocurrency issued by an exchange that provides holders with benefits like reduced trading fees, access to new token launches, and voting rights.
Bankroll Management
generalThe practice of managing one's gambling funds to minimize risk and extend playing time, typically by setting limits and not wagering more than a small percentage of total funds on any single bet.
Responsible Gambling
generalThe set of social responsibility initiatives by the gambling industry to ensure the integrity and fairness of their operations and to prevent gambling from becoming a source of harm.
Volatility
generalIn gambling and investing, the measure of risk associated with changes in the value of an asset or the frequency and size of wins in a game.
Blockchain
generalA distributed ledger technology that allows digital information to be recorded and distributed, but not edited, serving as the foundation for cryptocurrencies.
Fiat Currency
generalGovernment-issued currency that is not backed by a physical commodity like gold but rather by the government that issued it, such as USD, EUR, etc.
Passive Income
generalEarnings derived from activities that require minimal ongoing effort to maintain, such as affiliate commissions, staking rewards, or revenue share programs.
APY (Annual Percentage Yield)
generalThe real rate of return earned on an investment, taking into account the effect of compounding interest, commonly used when comparing investment returns in crypto and DeFi.
Bull Market
generalA financial market in which prices are rising or expected to rise, creating opportunities for profit through asset appreciation and increased trading activity.
Bear Market
generalA financial market in which prices are falling or expected to fall, often requiring alternative strategies for generating income when asset values are declining.
DeFi (Decentralized Finance)
generalA financial system built on blockchain technology that eliminates intermediaries like banks, offering services such as lending, borrowing, and earning interest with higher returns than traditional finance.
ROI (Return on Investment)
generalA performance measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the benefit (return) by the cost of the investment.
Scalping
exchangeA trading strategy focused on profiting from small price changes, with traders making dozens or hundreds of trades in a single day to capture small profits that add up.
Dividends
generalPayments made by a corporation to its shareholders, usually from profits. Dividend-paying stocks can provide a steady income stream alongside potential capital appreciation.
Compound Interest
generalThe addition of interest to the principal sum of a loan or deposit, resulting in interest earned on previously accumulated interest, creating exponential growth over time.
Dollar-Cost Averaging
generalAn investment strategy in which a fixed amount is invested at regular intervals regardless of price, reducing the impact of volatility and potentially lowering average cost over time.
HODL
exchangeA term derived from a misspelling of 'hold' that refers to a buy-and-hold strategy in cryptocurrency investing, encouraging investors to maintain their positions despite market fluctuations.
Leverage Trading
exchangeUsing borrowed funds to increase trading position size, amplifying both potential profits and losses. Common in forex, futures, and cryptocurrency markets with ratios up to 100:1.