• 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

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