Knowledge Base
Glossary
Plain-English definitions for the terminology used across MaxGoal.
- Asian Handicap
- Asian handicap gives a virtual advantage or disadvantage to a team to level the playing field in betting.
- Bankroll Management
- Bankroll management is the practice of setting spending limits and sticking to them to avoid overspending.
- Cashback
- Cashback returns a percentage of your net losses back to your account as a credit.
- Deposit Limit
- Deposit limit is a cap you set on how much money you can deposit within a certain period.
- Early Cashout
- Early cashout allows you to settle a bet before the event ends, locking in a profit or limiting a loss.
- Free Spins
- Free spins give you a set number of slot rounds without using your own balance.
- House Edge
- House edge is the mathematical advantage the casino has over players in any game.
- KYC
- KYC is the process of verifying your identity to ensure secure and legal account usage.
- Licensed Operator
- Licensed operator is a casino that holds a legal gambling permit from a recognized regulator.
- Loyalty Points
- Loyalty points are earned each time you play and can be exchanged for bonuses or rewards.
- Multiplier
- Multiplier increases your winnings by a set factor, such as doubling or tripling the payout.
- No Deposit Bonus
- No deposit bonus is a free credit given just for signing up, without needing to deposit any money.
- Over/Under
- Over/under is a bet on whether the total score in a match will be higher or lower than a set number.
- Parlay
- Parlay is a single bet that combines multiple selections; all must win for the bet to pay out.
- Progressive Jackpot
- Progressive jackpot is a prize pool that grows each time the game is played until someone wins it.
- Responsible Gambling
- Responsible gambling means playing in a controlled way, knowing the risks and using available tools to stay safe.
- RNG
- RNG is a computer algorithm that ensures the outcome of each game round is random and fair.
- RTP
- RTP is the percentage of all wagered money a game pays back to players over time.
- Scatter Symbol
- Scatter symbol is a special slot icon that can trigger bonuses or free rounds regardless of paylines.
- Self-Exclusion
- Self-exclusion lets you temporarily or permanently block your account to help control gambling.
- Stake
- Stake is the amount of money you place on a bet before the outcome is decided.
- Time Limit
- Time limit is a restriction you set on how long you can play during a session.
- Volatility
- Volatility describes how often and how much a slot game pays out, with high volatility meaning bigger but less frequent wins.
- Wagering Requirement
- Wagering requirement is the amount you must bet before bonus money can be withdrawn.
- Wild Symbol
- Wild symbol acts like a joker in slots, replacing other symbols to create winning combinations.