Glossary

• House: the platform that takes the bets

• Wager: the bet player places before entering a game

• Payout: amount player receives after a game ends, includes wager and profit.

• Multiplier: decimal odds player has with a specific input on a game

  • multiplier*wager=payout

• Profit: profit player makes after winning a game

  • profit=payout-wager

• Pot: the total amount of bets from player(s) (and the house when house is an opponent, Coinflip for example)

• Hand (Poker): a specific set of 5 cards

• Decimal odds (European odds): average probability on a game to get a favourable outcome written as decimals, used to determine the payout

• Probability odds: average chance in % of getting a favourable outcome from the player's perspective

• House edge: house odds minus player odds

• Casino games: games played against the the house

• PvP games (Player versus Player games): players do not play against the house, but against other players, while the house takes a fee