Betting and Casino Glossary

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Short, neutral definitions of terms you meet on sportsbook and casino sites. They describe how the terms are generally used, not Azimutbet's specific rules.

Sports betting

Accumulator (parlay) – one bet combining several selections; all must win. The odds are multiplied.
Cash out – an offer from the bookmaker to settle a bet early for a set amount.
Decimal odds – the total return per 1 staked, including the stake. Odds of 2.50 return 2.50 for 1.
Implied probability – 1 ÷ decimal odds. Odds of 2.00 imply 50%.
Margin (overround) – the amount by which the implied probabilities of all outcomes exceed 100%; the bookmaker's built-in edge.
Handicap – a goal or point advantage given to one side to balance a match.
Live (in-play) betting – betting on an event that has already started; odds change during play.
Over/Under – a bet on whether a total (goals, points) is above or below a set line.
System bet – a set of accumulators built from the same selections, so not every selection has to win.
Void – a bet cancelled and refunded, for example when a match is abandoned.

Casino games

House edge – the casino's average advantage, as a percentage of each bet. European roulette: 2.70%.
RTP (return to player) – the theoretical long-run share of stakes a game pays back; 100% minus the house edge.
Volatility (variance) – how much results swing: high volatility means rarer, larger wins.
RNG – random number generator, the software that decides outcomes in digital games.
Live casino – games streamed from a studio with a real dealer.
Crash game – a game in which a multiplier rises until it "crashes"; you must cash out before that.
Progressive jackpot – a prize that grows with each bet across linked games until it is won.
Scatter / Wild – slot symbols: scatters usually trigger features anywhere on the reels; wilds substitute for other symbols.
Basic strategy – the mathematically best decision for each blackjack hand given the dealer's up-card.

Bonuses

Wagering requirement – how many times a bonus (or bonus plus deposit) must be bet before winnings can be withdrawn.
Minimum odds – the lowest odds a bet needs to count towards wagering.
Maximum bet – the largest stake allowed while a bonus is active.
Maximum cash-out – a cap on what can be withdrawn from bonus winnings.
First-deposit bonus – an offer tied to a new customer's first payment.

Payments, accounts and rules

Cashier – the account section with deposit and withdrawal methods and their limits.
KYC (know your customer) – identity verification with documents, usually required before withdrawals.
APK – an Android installation file downloaded outside Google Play.
PWA (web app) – a website that can be added to the home screen and opens like an app.
Geo-block – a block on access from certain countries, based on your IP address.
Self-exclusion – a request to close your account for a set period so you cannot gamble.

Licensing

Licence register – the regulator's public list of licensees, numbers, status and domains.
Anjouan licence – an offshore gambling licence issued in the Comoros; Azimutbet's operator Tetaron Limited holds one (ALSI-202411073-FI2).
ADR (alternative dispute resolution) – an independent body that handles complaints the operator has not resolved.
Licence seal – a badge in the site footer that should link to the regulator's own verification page.