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Gambler’s Glossary: Explaining 50 Popular Terms in Australia

Gambler's Glossary

In order to play at an online casino, it is not necessary to understand the terms characteristic of the gambling entertainment industry. However, those who understand their meanings, can make the most of bonus offers, choose the best games from the catalogue top casino Australia. If you want to become an experienced player who is perfectly orientated in gambling entertainment, familiarise yourself with 50 basic terms.

Terms a Beginner Should Know

Bankroll is the money allocated for a playing session. Bankroll consists of both real AUD and bonuses.

Deposit is the amount a player deposits to the balance in the casino. The term is not synonymous with bankroll, as it does not take into account winnings and bonuses.

Wagering – betting a certain amount of money to transfer bonus money to the main account.

The wager is the coefficient by which the bonus must be wagered. For example, to wager 100 bonus AUD with wager x30 you will need to spend 3000 AUD in the casino.

Cashback is a bonus, which is a refund of a part of the money lost during a settlement period. The latter can be a week, a month.

A no-deposit bonus is a bonus that is not issued for making a deposit. For example, such incentives include cashback.

A promo code is a unique combination, the entry of which brings bonuses. Codes can be used during registration, in the personal cabinet.

Volatility is an indicator that characterises the distribution of winnings among users. Low-volatility machines often give small payouts, while high-volatility ones – vice versa.

Reload – a bonus for paying on a certain day of the week.

Wild is a symbol in the slot that substitutes for other pictures.

Slang That is Typical of Australian Casinos

Pokies – slot machines at online casinos.

Slap – play slot machines, hit the button to start the round.

Have a punt – to take a risk. The term is mainly used by players who bet on sports disciplines, but it is also used by hardware enthusiasts.

Hooked – addiction to gambling, gambling addiction, leading to serious psychological, social and financial problems.

Two-up – games where you have to predict the outcome of a coin toss.

House – online casino. The term was originally applied to land-based rooms, but now it is also used to mean a gaming site.

Cabbage – the money a player allocates to play in a casino. The closest synonym for the term is “bankroll”.

Big bertha – a machine that can bring a very large payout. Most often the term is applied to progressive slots, where there is a jackpot that grows with each bet.

Big kahuna is the same as “Big bertha”.

Mug is an inexperienced player, a beginner who has just started to get acquainted with gambling entertainment.

Donkey – A player who bets recklessly. A player who does not use any strategies to manage his bankroll or set limits for himself.

Whale – a player who makes big bets. The term is synonymous with the word “high roller”, indicating a user who takes risks for big winnings.

Dinger – a small bet. The term is used without reference to the limits in force in a particular game.

Hit the jackpot – to win the jackpot. The term is relevant for both fixed and progressive prizes.

Good run – winning streaks. There is no minimum required number of consecutive winning rounds that must occur to call a series a “good run”. Some players call it 5 consecutive wins, others call it 10.

Clanger is a losing bet.

Down to the felt – losing the whole bankroll, a situation when you need to make a new deposit to continue playing.

Roughie – a bet with high potential winnings, the chance of which is small.

Long shot is the same as roughie.

Sure thing – a bet that has a high probability of winning.

Certainty is the same as “sure thing”.

All in – spending the entire bankroll on a single bet. It is against the rules of responsible gambling to perform this action.

Beginner’s luck – a situation where a beginner is actively playing in a casino and winning.

Hot streak – a session that made a big profit.

Cold streak – a session that ended in a significant loss.

Online Casino Abbreviations

RTP – return rate, a characteristic by which you can determine the chances of increasing the pot in the machine. RTP of any machine is below 100%, but at the same time the player always has a chance to win.

VIP – a player who has reached a high status in the loyalty programme. The term can also refer to the level system itself.

FS – free spins. Such spins take place without debiting the balance. They can be given as part of bonuses from the casino or activated in accordance with the rules of the slot.

RNG is a random number generator. It is the basis of algorithms, on the basis of which slot machines work. RNG provides the randomness factor characteristic of gambling.

KYC is a verification procedure. It involves confirming your phone number, email, identity, place of residence in Australia.

CP – loyalty points. They are necessary to increase the level. Many casinos allow you to exchange CP for money.

VP – Video Poker. The game is a combination of slot and poker.

BJ – blackjack. To win, a player must score more points than the banker, but not exceed the limit of 21.

WR – wager.

BB – special balance to which bonus money is credited.

CB – Cashback.

T&C – Terms and Conditions. This is a special document regulating the interaction between the player and the casino.

ND – No Deposit Bonus.

PFR is a raise in poker betting before the flop stage.

MTT is a poker tournament where you can play multiple tables at once.

When starting to play at best casino Australia, the user is highly likely to encounter many of the terms listed. That is why it is so important to know what they mean. This will allow you to avoid a large number of questions.