Knowledge Base
Glossary
Plain-English definitions for the terminology used across Betcity Asia My.
- Asian Handicap
- A point spread used in sports betting to level the playing field between teams of unequal strength.
- Bankroll
- The total amount of money you have set aside for betting, separate from everyday finances.
- Bet Builder
- A tool that allows you to create custom bets by combining different markets within a single match.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or minimizing a loss.
- Cashback
- A promotion that returns a percentage of your net losses over a set period, credited as bonus funds.
- House Edge
- The mathematical advantage the casino holds in any game, expressed as a percentage of each bet.
- In-Play
- Bets placed after an event has started, with odds that update as the action unfolds.
- KYC
- The process of verifying your identity to prevent fraud and comply with regulations before you can withdraw funds.
- Live Dealer
- A real casino dealer who runs table games via video stream, allowing you to play in real time.
- Loyalty Points
- Earned for every bet placed; points can be exchanged for bonuses, free bets, or other rewards.
- Maximum Bet
- The highest amount allowed on a single bet or game round, often tied to bonus terms.
- Minimum Deposit
- The smallest amount you must fund your account with to claim a bonus or start betting.
- Odds
- The probability of an outcome expressed as a number, determining how much you can win relative to your stake.
- Over/Under
- A bet on whether the total score or stats in a match will be higher or lower than a set number.
- Parlay
- A single bet that links two or more selections; all must win for the bet to pay out, increasing potential profit.
- Progressive Jackpot
- A prize pool that grows each time the game is played and can be won randomly or through a special feature.
- Provably Fair
- A system that lets players verify the fairness of each bet by checking cryptographic hashes.
- Responsible Gambling
- Practices and tools (like deposit limits) that help you stay in control of your betting activity.
- RNG
- A software algorithm that ensures the outcome of each game round is random and fair.
- RTP
- The percentage of total bets a game pays back to players over time.
- Self-Exclusion
- An option to temporarily block your account from betting for a set period or indefinitely.
- Stake
- The amount of money you risk on a single bet or game round.
- Volatility
- A measure of how often and how much a slot game pays out; high volatility means bigger but rarer wins.
- Wagering Requirement
- The number of times you must bet a bonus amount before you can withdraw any winnings.
- Withdrawal Limit
- The maximum amount you can take out of your account within a given time frame.