Knowledge Base
Glossary
Plain-English definitions for the terminology used across Betcity Asia My.
- Accumulator
- An accumulator is a bet that links several selections together, with winnings from each selection rolling onto the next.
- Asian Handicap
- Asian Handicap gives a virtual advantage or disadvantage to a team to eliminate the draw option and balance the odds.
- Bankroll Management
- Bankroll management means deciding how much money to allocate for betting and setting limits to avoid spending more than you can afford.
- Bet Slip
- A bet slip is a digital record that shows the selections you have made, the odds, and the potential payout.
- Bonus Code
- A bonus code is a short string you enter when claiming a promotion to unlock extra funds or free bets.
- Cash Out
- Cash Out allows you to settle a bet before the event ends, locking in a profit or cutting a loss based on current odds.
- Cashback
- Cashback is a refund of a portion of your losses, usually credited as a bonus that you can use to bet again.
- Free Bet
- A free bet is a promotion that lets you place a bet without using your own money; any winnings are usually returned to you.
- House Edge
- House edge is the built-in advantage a casino has in a game, expressed as a percentage of each bet the casino expects to keep.
- In-Play
- In-Play, also called live betting, means you can place bets on a game while it is actually happening.
- KYC
- KYC stands for Know Your Customer, a process where the platform verifies your identity to prevent fraud and meet legal requirements.
- Loyalty Points
- Loyalty points are earned each time you bet; they can be exchanged for bonuses, free spins, or other rewards.
- Moneyline
- Moneyline is a straight bet on which team or player will win a match, without any point spread.
- Odds
- Odds indicate how likely a particular outcome is and determine how much you can win if your bet is correct.
- Over/Under
- Over/Under is a bet on whether the total score in a match will be higher or lower than a number set by the sportsbook.
- Parlay
- A parlay is a single bet that combines two or more selections; all must win for the bet to pay out.
- Progressive Jackpot
- A progressive jackpot is a prize pool that grows each time the game is played and can be won randomly or through a special combination.
- Provably Fair
- Provably Fair is a system that lets players verify that each game result was generated randomly and was not manipulated.
- RNG
- RNG stands for Random Number Generator, the software that ensures casino game outcomes are completely random and fair.
- RTP
- RTP stands for Return to Player, the percentage of total bets a game pays back to players over time.
- Self-Exclusion
- Self-Exclusion is a tool that lets you temporarily or permanently block your account from accessing betting services.
- Spread
- Spread is a points handicap set by a sportsbook to even the playing field between two teams in a game.
- Stake
- The stake is the amount of money you place on a bet; the size of the stake affects both risk and potential reward.
- Volatility
- Volatility describes how often and how much a slot game can pay out; high volatility means bigger but rarer wins.
- Wagering Requirement
- A wagering requirement is the number of times you must bet the bonus amount before you can withdraw any winnings from it.