Skip to content
Knowledge Base

Glossary

Plain-English definitions for the terminology used across UGRADO.

001
Asian Handicap
Asian handicap is a type of betting line that eliminates the draw option and gives a handicap to teams to level the playing field.
002
Bankroll Management
Bankroll management means setting a budget for gambling and deciding how much to wager per session to avoid losing more than you can afford.
003
Cashback
Cashback is a promotion that returns a percentage of your net losses back to you as a bonus or real money.
004
Casino License
A casino license is an official permit issued by a regulator that proves the operator is legal, safe, and regularly audited for fairness.
005
Decimal Odds
Decimal odds show the total payout per unit stake, including the original stake; for example, odds of 2.50 mean you receive 2.50 times your bet if you win.
006
Deposit Method
A deposit method is a payment option such as a bank transfer, e‑wallet, or prepaid card that you use to fund your casino account.
007
Free Spins
Free spins give you a set number of rounds on a slot game without using your own money, with any winnings usually subject to wagering.
008
House Edge
House edge is the built-in advantage that the casino has in each game, expressed as a percentage of each bet that the casino expects to keep.
009
In-Play Betting
In-play betting, also called live betting, lets you place wagers on events while they are happening, with odds that update during the match.
010
KYC
KYC stands for Know Your Customer, a process where the casino verifies your identity with documents to prevent fraud and ensure legal compliance.
011
Live Dealer
Live dealer games stream real human dealers to your screen, allowing you to play table games like blackjack and roulette in real time.
012
Loyalty Program
A loyalty program rewards regular players with points that can be exchanged for bonuses, free spins, or other perks.
013
Malay Odds
Malay odds are expressed as a positive or negative number where a positive figure shows how much you win on a 1 unit stake, and a negative figure shows how much you need to stake to win 1 unit.
014
Match Bonus
A match bonus is an offer that adds a percentage of your deposit amount as bonus funds, e.g., a 100% match doubles your deposit.
015
No Deposit Bonus
A no deposit bonus gives you a small amount of bonus funds or free spins just for signing up, without needing to deposit money.
016
Progressive Jackpot
A progressive jackpot is a prize pool that grows each time the game is played and can be won randomly or through a special combination.
017
Provably Fair
Provably Fair is a system that lets players verify that each game result is random and not manipulated by the casino.
018
Regulatory Body
A regulatory body is an organization that oversees gambling operators, enforcing rules on fairness, player protection, and anti-money laundering.
019
Responsible Gambling
Responsible gambling refers to practices and tools that help players stay in control of their betting activities and avoid harmful behavior.
020
RNG
RNG stands for Random Number Generator, the software that ensures game outcomes are completely random and fair.
021
RTP
RTP stands for Return to Player, expressed as a percentage that shows how much of total bets a game pays back to players over time.
022
Self-Exclusion
Self-exclusion is a tool that lets you temporarily or permanently block your account from the casino to help you stop gambling.
023
Volatility
Volatility describes how often and how much a slot game pays out; high volatility means bigger but rarer wins, low volatility means smaller, more frequent payouts.
024
Wagering Requirement
A wagering requirement is a condition that tells how many times you must bet the bonus amount before you can withdraw any winnings.
025
Welcome Bonus
A welcome bonus is a promotion offered to new players, usually a match on the first deposit or a package of free spins.