Playing at Canadian online casinos isn’t always a breeze. You’ll have quite a lot of special gambling terms to figure out. To help you avoid any confusion, we’ve put together a list of all the terms you’ll come across:
Accumulator: A sort of wager in which the odds of several events are combined on a single bet slip. The odds of winning are lower, but the payouts are greater than in single-event wagering.
All-in: When a player wagers their entire bankroll on a single hand.
Bankroll: The amount in your casino account, or the amount you set aside for a particular online gambling activity.
Bet refund: Bet refunds are bonuses that repay a percentage of a losing wager, typically between 10 and 20 percent.
Betting limits: Bet limits, often known as table limits, are the minimum and maximum sums that can be wagered on a casino game.
Bust: This refers to a blackjack hand that exceeds 21.
Casino lobby: A virtual ‘waiting room’ where players can view or browse all available games.
Cryptocurrency: Some online casinos in Canada now accept digital currencies that are neither verified nor administered by a centralized financial institution. Bitcoin, Ethereum, and Litecoin are some examples.
Comp points: Complementary points that are awarded to players for playing regularly. Sometimes, comp points can be exchanged for real money, but that’s only if you meet all the terms and conditions.
Croupier: The dealer or host who facilitates a table game like blackjack or poker. Online, you’ll encounter real-life croupiers if you play at a live casino.
Double down: A possible wager in blackjack. After obtaining your first two cards, you may double your wager on the condition that just one additional card will be dealt.
Even-money bets: These are wagers with payouts of 1 to 1.
Expanding wilds: These are symbols that land on a reel and completely cover it.
Flat betting: A method in which players wager the same amount in each round.
Free spins: Free spins are a popular casino bonus that allows players to spin the reels at no cost.
Full house: A poker hand consisting of one pair and one three-of-a-kind.
High roller: A player with heavy pockets who places big or multiple wagers on high stakes games.
House Edge: The advantage that a casino has over players when it comes to bets and odds. The amount indicates how much players will lose after playing for a certain amount of time. It’s always a good idea to play games with a low house edge.
House Rules: Casino-specific rules for playing games.
KYC: Know Your Customer, or KYC, is a process deployed by casino sites to verify and identify customers. The process often requires new players to submit verification documents.
Loyalty scheme: A framework of online casino player benefits. As a player advances through the casino’s levels, he or she will gain higher rewards.
Maximum/minimum bet: The highest and lowest bets you can make at a site or game, respectively.
Multiplier: An additional feature of several casino games in which multiplier values increase the potential for winning.
Non-sticky bonus: A rare bonus that comes without wagering requirements.
Payout table: The informational table found in most game windows. It indicates the payouts for each game.
Progressive jackpot: A variation of slots where players’ bets accumulate over time to form large prize pools. This amount increases until someone spins a win and claims a potentially lifechanging jackpot.
Reload Bonus: A bonus offered to existing clients upon making a deposit, suggesting a reload of their casino account.
RTP: Return to Player (RTP) refers to the amount players can expect after placing a wager on a slots game. It’s usually expressed as a percentage.
Royal flush: The best poker hand consists of the same-suited ace, king, queen, jack, and ten.
Scatter symbol: A bonus feature seen in the majority of online slots that frequently activates free spins bonuses.
Straight: A poker hand consisting of five consecutive cards, regardless of suit.
Straight flush: A poker hand consisting of five consecutive cards of the same suit.
Time Limits: Usually, casinos give you a certain amount of time to fulfil the wagering requirements before the offer expires. Typically, these durations span from seven to thirty days.
Three of a kind: A poker hand consisting of three identical cards.
Two pair: A poker hand consisting of two distinct pairs.
Variance/volatility: Variations in the payout percentage as they pertain to online slots. A high variance indicates that rewards are large but infrequent, whereas a low variance indicates the reverse.
Wagering requirements: The number of times you need to wager a bonus amount before you’re eligible to withdraw any winnings from your casino account.
Welcome bonus: A welcome bonus is an incentive given to new players by online casinos. Typically, these consist of free spins and matching deposits.
Wild symbol: A feature of various online slots that substitutes for other symbols on the reels to form winning combinations.
Whale: Big-value player or one who consistently plays for high stakes.