Knowledge Base
Glossary
Plain-English definitions for the terminology used across Askmebet[Pentor].
- Age Verification
- Age verification is the process of confirming you are of legal gambling age before you can open an account.
- AML
- AML (Anti-Money Laundering) are regulations and procedures that prevent illegal money from being used on the platform.
- Asian Handicap
- Asian handicap is a betting style that removes the draw option and gives a virtual advantage or disadvantage to each team.
- Bet Builder
- Bet builder is a tool that lets you combine multiple outcomes of a single event into one custom wager.
- Bonus
- A bonus is extra funds or free plays you receive, often tied to a deposit or special offer.
- Cash Out
- Cash out lets you settle a bet before the event ends, locking in a profit or limiting a loss.
- Cashback
- Cashback returns a portion of your net losses over a period, usually credited as a bonus.
- Cryptocurrency
- Cryptocurrency is a digital currency like Bitcoin that can be used for deposits and withdrawals, offering fast and private transactions.
- E-Wallet
- An e-wallet is a digital account that stores money online and can be used to deposit and withdraw funds on gaming sites.
- Free Spins
- Free spins give you a set number of slot rounds without using your own money, often as a promotion.
- House Edge
- House edge is the mathematical advantage the platform holds in a game, expressed as a percentage of each wager.
- In-Play Betting
- In-play betting allows you to place bets on a sporting event after it has started, with odds that change as the game unfolds.
- Jackpot
- A jackpot is a large prize that can be won in a game, often fixed or part of a progressive pool.
- KYC
- KYC (Know Your Customer) is the process of verifying your identity to prevent fraud and meet legal requirements.
- Live Dealer
- Live dealer games stream a real human dealer to your screen, letting you play table games in real time.
- Maximum Bet
- Maximum bet is the highest amount you can wager on a single game or round.
- Minimum Deposit
- Minimum deposit is the smallest amount required to fund your account and claim a promotion.
- Over/Under
- Over/Under betting involves predicting whether a specific statistic will be over or under a set value.
- Progressive Jackpot
- A progressive jackpot increases every time the game is played but not won, sometimes reaching very high amounts.
- Responsible Gambling
- Responsible gambling refers to practices and tools that help you stay in control of your betting and avoid harmful behavior.
- RNG
- RNG stands for Random Number Generator, software that ensures each game outcome is completely random and fair.
- RTP
- Return to Player (RTP) is the percentage of total bets a game pays back to players over time.
- Self-Exclusion
- Self-exclusion is a tool that lets you temporarily or permanently block your account from gambling.
- Volatility
- Volatility measures how often and how large a slot pays out; high volatility means bigger but less frequent wins.
- Wagering Requirement
- A wagering requirement is the number of times you must bet a bonus amount before you can withdraw any winnings.