Knowledge Base
Glossary
Plain-English definitions for the terminology used across MaxGoal.
- AML
- Anti-Money Laundering refers to rules and checks that stop illegal funds from being used on the platform.
- Asian Handicap
- A handicap given to a team in a sports match to level the odds, removing the draw option.
- Bankroll
- The total amount of money you have set aside for gambling.
- Bet Slip
- A digital record where you list the selections you want to bet on and the amount you wish to stake.
- Cash Out
- A feature that lets you settle a bet before the event ends, locking in a profit or cutting a loss.
- Cashback
- A promotion that gives you back a part of your losses, usually as a bonus or real cash.
- Free Spins
- Bonus rounds on slot machines that let you spin the reels without using your own money.
- House Edge
- The built-in advantage the casino has in each game, expressed as a percentage of each bet that on average the casino keeps.
- In-Play Betting
- Bets placed after an event has started, with odds that change as the action unfolds.
- Jackpot
- A large prize pool that can be won in a single round or spin of a game.
- KYC
- Know Your Customer is the process of verifying your identity to prevent fraud and comply with regulations.
- Loyalty Points
- Points you earn each time you bet, which can later be exchanged for bonuses or rewards.
- Match Bonus
- A bonus that adds a percentage of your deposit amount to your balance, up to a set limit.
- No Deposit Bonus
- A bonus credited to your account just for signing up, without needing to deposit any money.
- Over/Under
- A bet on whether the total score or stats in a match will be higher or lower than a set number.
- Parlay
- A single bet that links two or more selections; all must win for the bet to pay out.
- Progressive Jackpot
- A jackpot that grows each time the game is played and can reach massive amounts before being hit.
- Provably Fair
- A system that lets players verify that each game result was generated fairly, using cryptographic proof.
- Reload Bonus
- A bonus offered to existing players when they add more money to their account.
- RNG
- Random Number Generator is a computer algorithm that ensures game outcomes are random and fair.
- RTP
- Return to Player (RTP) tells you what percentage of total bets a game pays back to players over time.
- Self-Exclusion
- A tool that lets you temporarily or permanently block your own account to help you stop gambling.
- VIP Program
- A tiered club that gives regular players extra perks, higher limits, and exclusive bonuses.
- Volatility
- Volatility measures how often and how big a game’s payouts are; high volatility means bigger but less frequent wins.
- Wagering Requirement
- A condition that says how many times you must bet a bonus amount before you can withdraw any winnings.