Knowledge Base
Glossary
Plain-English definitions for the terminology used across TKBaazi.
- Accumulator
- An Accumulator is a single bet that links multiple selections; all must win for you to get a payout.
- Bonus Code
- Bonus Code is a short text you enter when depositing to unlock a specific promotion or extra funds.
- Cash Out
- Cash Out allows you to settle a bet before the event ends, locking in a profit or cutting a loss.
- Cashback
- Cashback is a promotion that returns a percentage of your losses back to your account as bonus money.
- Free Spin
- Free Spin gives you a chance to play a slot game without using your own money, often as part of a bonus.
- Handicap
- Handicap gives one side an artificial advantage or disadvantage to level the playing field for betting.
- House Edge
- House Edge is the built-in advantage that the casino has in each game, shown as a percentage of each bet.
- In-Play Betting
- In-Play Betting lets you place bets on a match or game while it is actually happening.
- KYC
- KYC stands for Know Your Customer; it’s the process of verifying your identity to comply with regulations.
- Live Dealer
- Live Dealer games stream a real human dealer to your screen, allowing you to play table games in real time.
- Loyalty Program
- Loyalty Program rewards regular players with points that can be exchanged for bonuses, cash, or exclusive perks.
- Minimum Deposit
- Minimum Deposit is the smallest amount you can add to your account to qualify for a bonus or to start betting.
- Moneyline
- Moneyline is a straight bet on which team or player will win a match, with odds expressed as a positive or negative number.
- Odds
- Odds represent the likelihood of an outcome and determine how much you can win if your bet is correct.
- Over/Under
- Over/Under is a bet on whether the total score will be higher or lower than a line set by the sportsbook.
- Progressive Jackpot
- Progressive Jackpot is a prize pool that grows each time the game is played and can be won randomly or through a combination.
- Provably Fair
- Provably Fair is a system that lets players verify that each game result is random and not manipulated.
- Responsible Gambling
- Responsible Gambling refers to practices and tools that help you stay in control of how much time and money you spend.
- RNG
- RNG stands for Random Number Generator; it’s the software that ensures game outcomes are completely random.
- RTP
- RTP stands for Return to Player and tells you what percentage of total bets a game pays back over time.
- Spread
- Spread is the difference between the handicap and the actual result, used to balance odds in sports betting.
- Timeframe
- Timeframe is the period you have to meet wagering requirements or use a bonus before it expires.
- Volatility
- Volatility measures how often and how much a game pays out; high volatility means bigger but rarer wins.
- Wagering Requirement
- Wagering Requirement is the number of times you must bet a bonus amount before you can withdraw any winnings.
- Withdrawal Limit
- Withdrawal Limit is the maximum amount you can take out of your account within a set period, often daily or weekly.