Guide Quick Glossary
Casino Terminology — Quick Reference Glossary
A condensed reference of the most essential casino terms Australian players encounter. For the complete glossary with detailed explanations, visit our full casino glossary.
Essential Terms
| Term | Definition |
|---|---|
| RTP | Return to Player — percentage of wagered money returned over time (e.g., 96%) |
| House Edge | Casino’s mathematical advantage (100% minus RTP) |
| Wagering Requirement | How many times bonus funds must be bet before withdrawal (e.g., 40x) |
| Volatility | How much results vary from average; high = bigger swings |
| PayID | Australian instant payment system using email/phone instead of BSB |
| KYC | Identity verification (photo ID + proof of address) |
| Free Spins | Pokie spins that don’t cost the player |
| Wild | Symbol that substitutes for others to form wins |
| Scatter | Symbol that triggers bonuses regardless of position |
| Progressive Jackpot | Growing prize pool funded by player bets |
| Bankroll | Total money set aside for gambling |
| BetStop | Australia’s national self-exclusion register |