Online Casino dictionary
Below you will find a list of some of the most commonly used words and terms in the world of online casinos. The viking always wants to make sure that new players know what they are getting themself into before they start playing, for example do you know what a wagering requirement is?
The total amount that a bonus has to be wagered before being released as real funds. 35x bonus means that you need to wager the bonus that you have received 35 times.
RTP or return to player is what the slot pays back to the players and can be used to see the house edge. The higher the RTP the better since that means a lower house edge.
High Variance Slot
A slot machine which has a high variance and as such will payout poorly at most times but when it hits, it hits real good. For example Dead or alive from Netent
Medium Variance Slot
A slot machine which has a medium variance in its payouts, a good example is wild rockets from netent which can produce quite good wins often. they are usually very streaky slots.
Low Variance Slot
A slot machine which has a low variance in its payouts and as such it will give out lower wins but more often, for example Starburst. These slots are great for beating high wagering requirements
A bonus which is given in conjunction with a deposit, the casino will match the deposit to a set %. Be sure to read the terms before accepting any casino bonus.
No Deposit Bonus
A bonus which is given for free and like the deposit bonus it will come with a wagering requirement. Again be sure to read the terms of agrement before you play.
243 ways slot machines
A slot machine which doesnt have a set amount of lines and instead pays for any position of symbols in a row. These are usually on the higher end of the variance scale (Some are extremly high variance).
These slot machines have a set amount of lines and pays for symbols in a row on those lines, you can easily check what lines are active by scrolling over the small numbers on the sides of the slot (the line indicators).
Classic slot machins
These slot machines are usually 1 to 5 lines and are like the good old one armed bandits. They are often very high variance and can pay very good on a good day.
Max bet rule
Most casinos will have a max bet rule when playing on slots with a bonus (usually ranging from 5-10% of the total value of the bonus). Be sure to read the terms on every casino that you play on for their specific max bet rule.
Freespins are usually given as a no deposit bonus but can also be given in larger amounts in conjunction with a deposit (and in some cases with a casino deposit bonus attached). These will always be subject to a wagering requirement.
US Friendly casino
Most casinos are unfortunately banned or unavailable in the US. A US friendly casino is a casino which typically features a way around this using US friendly deposit methods and game providers. For more information click here.