Key Terms

• Wager: The amount of money a player bets on a game or event.

• House: The gaming platform that operates and facilitates the games.

• House Edge: The house odds versus player odds

• Payout: The amount a player receives from a winning bet, based on the odds and wagered amount.

• Multiplier: A factor that increases winnings based on the original bet.

• Profit: The amount earned from a bet after deducting the initial stake.

• Pot: The total amount wagered in a game or round, available for winning.

• Decimal odds: A representation of odds showing potential returns per unit bet (e.g., 2.50 means 2.5x the stake).

• Probability odds: The likelihood of an event occurring, expressed as a ratio or percentage.

• Casino Games: Games of chance played against the house, such as slots, roulette, and blackjack.

• PvP Games: Player-versus-player games where users compete directly against each other. The house takes a small fee for each game.