Reference

Every wager7 Term, Explained in Plain English

From RTP to rollover, the wager7 glossary breaks down the words you'll run into across our casino lobby, sportsbook, and account wallet — so you know exactly what you're looking at before you act. Available where state law permits.

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wager7 Every wager7 Term, Explained in Plain English
wager7 Know the Language, Make Sharper Choices

Know the Language, Make Sharper Choices

Knowing what a term actually means changes how you browse. When you understand volatility, you can decide between a slow-burn title like Gates of Olympus and a faster-paced slot like Cornfield Multiplier. When you know how rollover works, you can read a promo clearly and decide whether it fits your play style. On the sportsbook side, terms like moneyline, point spread and

same-game parlay are the building blocks of every NFL and NBA ticket you build. This glossary is here so nothing in the lobby or on the bet slip catches you off guard.

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Not Sure What a Term Means? Reach the Team

If a term in the lobby, on a bet slip or inside your account wallet isn't clear after reading this glossary, our support team can walk you through it directly. Reach out through any of the channels below.

Live Chat Start a live chat session from your account dashboard. A support agent can clarify any term or account step in real time without leaving the lobby.
Email Support Send a question to our support inbox and include the term or feature you need explained. Responses cover account-specific context that general definitions can't always address.
Help Center The on-site help center contains searchable articles on wagering requirements, payment rails like Play+, PayPal and Venmo, and account verification steps organized by topic.

Explore the Fundamentals — Six Key Casino Terms

These are the terms that come up in nearly every session, whether you're spinning slots or sitting at a live dealer table. Each definition below is written the way we'd explain it at the cashier window.

RTP stands for Return to Player — the percentage of all wagered money a game is designed to pay back over millions of rounds. A 96% RTP means roughly $96 returned per $100 wagered long-term, statistically.

House edge is the mathematical advantage the platform holds on any game. A blackjack table with a 0.5% house edge keeps fifty cents of every hundred dollars wagered, on average, across all hands played.

Volatility describes how often a slot pays out and how large those payouts tend to be. High volatility means fewer, larger wins. Low volatility means smaller, more frequent wins during a session.

A wager or turnover requirement tells you how many times you must bet a bonus amount before withdrawing. A $20 bonus with a 10x requirement means $200 in qualifying bets must be placed first.

A jackpot is a slot's largest available prize pool — either a fixed top prize or a progressive pool that grows with each bet placed. RTP details and jackpot sizes are shown only where the game provider exposes them.

A live dealer game streams a real human dealer from a studio directly to your screen. You place bets on your device while watching the action unfold in real time — no RNG, just a physical deck or wheel.

Switch to Odds, Payments and Account Language

Once you move from the slot lobby into the sportsbook or start managing your wallet, a second layer of terms kicks in. These six definitions cover the language you'll encounter on bet slips, at the cashier, and inside account verification.

A moneyline bet is a straight pick on which side wins — no point spread involved. A -150 favorite means you stake $150 to profit $100. A +130 underdog means a $100 stake returns $130 in profit.

An over/under bet asks whether the combined score of both teams will land above or below a set number. You're not picking a winner — just predicting scoring volume for the game.

A same-game parlay combines multiple selections from one game into a single ticket — for example, a team to win, a player prop on rushing yards, and the total going over. All legs must hit for the parlay to pay.

KYC stands for Know Your Customer — the identity verification process required before withdrawals are processed. You'll upload a government-issued ID and, sometimes, proof of address to confirm your account details.

An e-wallet is a digital account that holds funds separately from your bank. PayPal and Venmo are both e-wallets — you fund them from your checking account or debit card, then use them to deposit and withdraw.

Rollover is another term for a wagering requirement — the number of times bonus funds must be bet before they convert to withdrawable cash. Always check the rollover multiplier before accepting any promotional offer.

Browse the Lobby With These Terms in Mind

Definitions are useful — applying them is where they pay off. These questions connect the glossary directly to actions inside your wager7 account, from choosing a slot to withdrawing via PayPal.

Open any slot title — Lightning Baccarat or Jazz Parade Slots, for example — and tap the information icon before you start. RTP is displayed only when the game provider has published that data in the game client.

Every active promotion in your account lists its rollover multiplier in the terms section below the offer. Read that number before opting in so you know how much wagering is needed to unlock a withdrawal.

After submitting a withdrawal to Venmo, account security may prompt you to upload a government-issued ID. Once verified, the withdrawal moves through the standard processing queue for your selected payment method.

Yes — Play+ prepaid cards work in both directions. Load funds from your checking account or debit card onto the Play+ card, then use it to deposit. Winnings can be moved back to the same Play+ account.

Choosing by volatility means matching a slot's payout pattern to your session goal. Cornfield Multiplier plays differently from a high-volatility title — check the game's volatility label before committing your session bankroll.

Access depends on local law and is available where state law permits. Eligible states are confirmed at account registration — not every game category or sportsbook market is available in every state.
Reference

wager7 Betting Glossary

Service availability depends on eligible states and local law. US online casino and sportsbook access is licensed state by state, so check your state's rules before opening an account. 21+ where applicable.

Access may be available only in states where local law permits.

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