By Raja Game Editorial Team•Published 14 Sep 2024•Updated 8 Jul 2026•12 min read
How to Use This Glossary
This glossary is organized into five categories rather than a single alphabetical list, since most readers arrive looking for context around a specific topic — odds, an account term, a bonus condition — rather than browsing from A to Z. Use the sticky table of contents to jump straight to the category you need.
Odds & Payout Terms
RTP (Return to Player)
A theoretical long-run percentage of wagered money returned to players, calculated over an enormous number of rounds. Not predictive of any single session.
House Edge
The statistical advantage built into a game's rules that favors the platform over the long run, expressed as a percentage. Effectively the inverse of RTP.
RNG (Random Number Generator)
The algorithmic system that determines outcomes in digital games, designed to produce statistically independent, unpredictable results.
Variance (Volatility)
How much actual outcomes swing around the theoretical average — high-variance games produce bigger, less frequent swings than low-variance ones.
Provably Fair
A verification method, common in some digital platforms, allowing players to independently confirm that a specific outcome wasn't manipulated after the fact.
Payout Table
A published reference showing the specific payout multiplier or amount associated with each possible outcome in a game.
Expected Value (EV)
The mathematically calculated average outcome of a bet over a large number of repetitions, accounting for both probability and payout size.
Independent Audit
Third-party verification of a platform's RNG systems and payout accuracy, conducted by a testing lab unaffiliated with the platform itself.
Hit Frequency
How often a game produces any winning outcome at all, regardless of size — distinct from RTP, which measures the value of those wins over time.
Seed Value
The initial input used to start a pseudo-random number generator's sequence, ideally sourced from an unpredictable, continuously refreshed input.
Return Distribution
The statistical spread of possible outcomes around the average RTP, showing how often small, medium, and large results occur relative to each other.
Theoretical Hold
The percentage of total wagers a platform is mathematically expected to retain over the long run — the operator-facing mirror of RTP.
Confidence Interval (Testing)
The statistical range testing labs use to determine whether an observed RNG outcome distribution falls within expected fairness bounds.
Platform & Account Terms
Lobby
The main landing screen of a platform, typically surfacing featured, trending, or promoted titles.
KYC (Know Your Customer)
Identity verification processes platforms use to confirm a user's identity and age, often required before withdrawals.
Wallet Balance
The internal, platform-specific representation of a user's available funds, distinct from their actual bank or payment account.
Session
A single continuous period of platform use, from login (or app open) to logout or close.
Terms of Service (ToS)
The binding legal agreement between a platform and its users, governing rules, limits, and dispute resolution.
Two-Factor Authentication (2FA)
A security measure requiring a second verification step beyond a password, typically via SMS or an authenticator app.
Account Verification Tier
A staged identity-check level that unlocks progressively higher transaction limits as more documentation is confirmed.
Idle Timeout
An automatic session end triggered after a period of inactivity, generally treated as a baseline security practice.
Audit Trail
A time-stamped internal record of account activity — logins, transactions, changes — used for dispute resolution and compliance.
Geofencing
A technical restriction limiting platform access based on a user's detected geographic location, often used to comply with regional regulation.
Dispute Resolution Clause
The section of a terms of service outlining how disagreements between a user and platform are formally handled, including arbitration or jurisdiction.
Bonus & Loyalty Terms
Wagering Requirement
A multiplier condition attached to a bonus, specifying how many times the bonus amount must be wagered before any winnings become withdrawable.
VIP Tier
A status level within a loyalty program, typically unlocked through cumulative activity thresholds, offering platform-specific perks.
Cashback
A partial refund of net losses over a defined period, offered by some platforms as a loyalty incentive.
Milestone Reward
A one-time bonus or perk triggered by reaching a specific, pre-defined activity threshold.
Expiry Window
The time period within which a bonus or promotional credit must be used before it becomes void.
Eligible Games Restriction
A condition limiting which specific games count toward clearing a wagering requirement, often excluding high-RTP titles.
Max Bet Rule
A cap on the largest single wager allowed while a bonus balance is active, breach of which can void associated winnings.
Contribution Percentage
The proportion of a wager on a specific game that actually counts toward clearing a wagering requirement — rarely 100% across all games.
Tiered Cashback Structure
A cashback scheme where the refund percentage increases at higher loyalty tiers, rewarding cumulative activity over time.
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Terms change; verify against the platform directly
Bonus-related terminology and specific figures are set entirely by individual platforms and change frequently. Treat these definitions as a way to understand the concept, not as current figures for any specific offer.
Game Mechanic Terms
Hand Ranking
The predetermined order of value for different combinations in card-based games, used to determine outcomes.
Draw Schedule
The published timing structure for lottery-style formats, specifying when results are determined and announced.
Multiplier
A factor applied to a base payout, either fixed or variable depending on the specific outcome achieved.
Skill-Adjacent Game
A format where player input meaningfully affects outcomes, though an underlying random element may still be present.
Live Dealer Format
A game format streamed in real time with a human dealer, as opposed to a fully automated digital format.
Auto-Play
A feature that repeats a wager automatically for a set number of rounds without requiring manual confirmation each time.
Cascading Outcome
A mechanic where a single triggering event can produce a sequence of dependent results within one round, common in some arcade formats.
Bet Behind
A mechanic allowing a player to wager on another player's active hand or position rather than playing directly themselves.
Selection Pool
The full defined range of numbers, symbols, or cards a specific game mechanic can draw from when determining an outcome.
Responsible Gaming Terms
Self-Exclusion
A formal mechanism allowing a user to restrict their own access to a platform for an extended period.
Cooling-Off Period
A shorter, temporary break from platform access, typically ranging from a day to several weeks.
Deposit Limit
A user-set (or platform-imposed) cap on how much can be added to an account balance within a given period.
Loss-Chasing
The pattern of increasing stakes specifically to recover money already lost, widely documented as a risk indicator.
Reality Check Prompt
A timed on-screen notification reminding a user how long they've been active in a session, designed to interrupt automatic play.
Bankroll
The total amount of money a person has deliberately set aside for gaming activity, separate from funds needed for other obligations.
Session Limit
A pre-set cap on either time or spend within a single sitting, decided before play begins rather than adjusted mid-session.
Gambler's Fallacy
The mistaken belief that past independent outcomes influence the probability of future ones, such as assuming a loss streak makes a win 'due.'
Glossary vs. Full Guide
If a single-sentence definition isn't enough context, our complete orientation guide uses many of these terms in full explanatory context, and our odds and RNG explainer goes considerably deeper into the odds-related terms specifically. Use this glossary for a fast lookup; use those guides when you want the fuller picture.
Common Misuses of These Terms
A few terms get misused often enough to flag directly. “Provably fair” is sometimes used loosely to mean “trustworthy” in general, when it actually refers to a specific verification method. “RTP” is often quoted as if it predicts a specific session's outcome, when it's a long-run theoretical average only. And “skill-adjacent” is sometimes marketed as synonymous with “better odds,” when the actual RNG contribution varies by game and isn't implied by that label alone.
Useful Information
This glossary is a living document — we add terms as we notice genuine reader confusion around them, and update definitions when terminology shifts across the industry. If you hit a term anywhere on this site (or elsewhere) that isn't covered here, the Contact page is the fastest way to request it.
Frequently Asked Questions
No. RTP is a long-run theoretical average across millions of rounds — it doesn't predict what happens in any individual session, which can vary significantly due to variance.
Disclosure practices vary. Transparent RTP publication is generally a positive signal worth looking for when evaluating a platform.
A cooling-off period is typically shorter and less formal (days to weeks), while self-exclusion is a longer-term, often more binding restriction mechanism.
Generally, yes — higher multipliers make it harder to actually withdraw bonus-derived winnings, though the full picture depends on other terms like the expiry window and eligible games.
They're related but distinct. Provably fair refers to a specific cryptographic verification method; independent auditing refers to third-party testing labs reviewing a platform's systems more broadly.
A high-variance game produces bigger, less frequent swings (rare large payouts, more frequent losses), while a low-variance game produces smaller, more frequent payouts with less dramatic swings.
Mostly, but not perfectly — some platforms use non-standard terminology or apply terms slightly differently. Always check a specific platform's own terms for their exact definitions.
Know Your Customer verification confirms a user's identity and age, generally required by regulation before withdrawals are processed on most licensed platforms.
Yes — use the Contact page and suggest the term along with why you encountered it. We review and add terms on a rolling basis.
We prioritize terms that are commonly confusing or misused, rather than attempting an exhaustive technical dictionary. The list grows as we identify genuine reader confusion around a term.
Hit frequency measures how often any win occurs at all, regardless of size; RTP measures the average value returned over time. A game can have a high hit frequency of small wins and still have a modest RTP, or vice versa.
It defines the statistical range testing labs use to judge whether an observed outcome distribution is consistent with fair randomness — a result outside that range would flag the system for further investigation.
Conclusion
Terminology is a small thing individually, but it compounds — understanding these terms precisely makes every other guide on this site, and every platform's own terms of service, considerably easier to read critically.
Go Deeper
See these terms explained in full context
Our orientation guide and odds explainer both build directly on the definitions above.