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SONA101
Knowledge Base

Glossary

Plain-English definitions for the terminology used across SONA101.

001
Bankroll
Bankroll is the total amount of money you set aside for betting, separate from everyday finances.
002
Bet Slip
A bet slip is a digital record that lists your selected bets, odds, and potential payout before you confirm.
003
Bonus Code
A bonus code is a short string you enter when depositing to unlock a specific promotion or extra funds.
004
Cash Out
Cash out lets you settle a bet before the event ends, locking in a profit or limiting a loss.
005
Cashback
Cashback is a promotion that returns a portion of your losses as bonus money, usually subject to wagering.
006
Free Spin
A free spin lets you play a slot round without using your own money, though any wins may have wagering attached.
007
House Edge
House edge is the built-in advantage that ensures the casino makes a profit over the long term, expressed as a percentage.
008
In-Play
In-play betting allows you to place or change bets on a match or game while it is still happening.
009
KYC
KYC means the process of verifying your identity with documents to comply with legal and security rules.
010
Live Dealer
A live dealer streams a real person dealing cards or spinning a wheel so you can play in real time.
011
Maximum Bet
Maximum bet is the highest amount you can stake on a single game round, often limited on bonus rounds.
012
Minimum Deposit
Minimum deposit is the smallest amount you must add to your account to fund gameplay or claim bonuses.
013
Moneyline
Moneyline is a straight bet on which team or player will win a match, without point spreads.
014
Odds
Odds indicate how likely an outcome is and how much you can win if your bet is correct.
015
Over/Under
Over/under is a bet on whether a statistic, like total goals, will be higher or lower than a set number.
016
Parlay
A parlay combines multiple bets into one; all selections must win for you to get a payout.
017
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 combo.
018
Referral Bonus
A referral bonus rewards you with a bonus when you invite a friend who signs up and deposits.
019
RNG
RNG stands for the software that ensures each game result is random and not influenced by the casino.
020
RTP
RTP stands for the percentage of total bets a game returns to players over time, expressed as a number like 96%.
021
Self-Exclusion
Self-exclusion lets you temporarily block your own account if you feel you need a break from gambling.
022
Stake
Stake is the amount of money you risk on a single bet.
023
Volatility
Volatility describes how often and how large a slot’s payouts are; high volatility means bigger but less frequent wins.
024
Wagering Requirement
The number of times you must bet a bonus amount before you can withdraw any winnings earned from it.
025
Withdrawal Limit
Withdrawal limit is the maximum amount you can take out from your account within a set period.