Knowledge Base
Glossary
Plain-English definitions for the terminology used across Askmebet[Pentor].
- AML
- AML: Anti-Money Laundering, a set of rules and procedures designed to stop illegal money from being used on the platform.
- Bankroll
- Bankroll: the total amount of money you have set aside for gambling activities.
- Bet Slip
- Bet Slip: a digital record that lists the bets you have selected, the odds, and the potential payout.
- Cash Out
- Cash Out: an option to settle a bet before the event ends, letting you secure a profit or cut a loss.
- Cashback
- Cashback: a return of a portion of your net losses over a set period, credited as bonus funds.
- Deposit Limit
- Deposit Limit: a cap you set on how much money you can deposit into your account within a certain time.
- Free Spins
- Free Spins: awarded rounds on slot machines that let you play without using your own funds.
- House Edge
- House Edge: the built-in advantage that the platform has in each game, expressed as a percentage of each bet.
- KYC
- KYC: Know Your Customer, a process where the platform verifies your identity with documents to prevent fraud.
- Live Betting
- Live Betting: placing bets on events while they are happening, with odds that update in real time.
- No Deposit Bonus
- No Deposit Bonus: a free bonus credited to your account just for signing up, without needing to deposit money.
- Odds
- Odds: a number that reflects the likelihood of an outcome and determines how much you can win if your bet succeeds.
- Parlay
- Parlay: a single bet that combines two or more selections, and all of them must win for the bet to pay out.
- Progressive Jackpot
- Progressive Jackpot: a prize pool that grows each time the game is played until someone wins it.
- Provably Fair
- Provably Fair: a system that lets players verify that each game result was generated fairly, using cryptographic algorithms.
- Referral Code
- Referral Code: a unique code you share with others so they can sign up, earning you a reward when they deposit.
- Reload Bonus
- Reload Bonus: a bonus given when you add more money to your account, usually a percentage of the deposit.
- RNG
- RNG: a Random Number Generator, a computer algorithm that ensures the outcome of each game is random and fair.
- RTP
- Return to Player: the percentage of all wagered money that a game pays back to players over time.
- Self-Exclusion
- Self-Exclusion: a voluntary option that lets you block access to your account for a set period to help you stop gambling.
- Stake
- Stake: the amount of money you risk on a single bet.
- Time-Out
- Time-Out: a short-term suspension of your account that gives you a break from gambling.
- Volatility
- Volatility: how often and how much a game tends to pay out, with high volatility meaning bigger but rarer wins.
- Wagering Requirement
- Wagering Requirement: the number of times you must bet a bonus amount before you can withdraw any winnings.
- Withdrawal Limit
- Withdrawal Limit: a cap on how much you can take out of your account within a given period.