Skip to content
Knowledge Base

Glossary

Plain-English definitions for the terminology used across Askmebet[Pentor].

001
Asian Handicap
Asian handicap is a betting style that eliminates the draw option and gives a virtual advantage or disadvantage to a team.
002
Bankroll
Bankroll is the total amount of money you have set aside for wagering on the platform.
003
Cash Out
Cash out allows you to settle a bet before the event ends, locking in a profit or limiting a loss.
004
Cashback
Cashback is a refund of a portion of your losses, credited to your account after a set period or qualifying bet.
005
Deposit Limit
Deposit limit is a cap you set on how much money you can add to your account in a given period.
006
Deposit Match
Deposit match is a bonus that adds a percentage of your deposit amount to your account, up to a set limit.
007
Free Spins
Free spins give you a set number of spins on a slot without using your own money, any wins are usually subject to wagering.
008
House Edge
House edge is the built‑in advantage a game has, expressed as a percentage of each bet the platform keeps.
009
KYC
KYC is the process of verifying your identity with documents to prevent fraud and comply with regulations.
010
Live Betting
Live betting lets you place bets on a game while it is happening, with odds that update in real time.
011
Loyalty Points
Loyalty points are earned each time you play; they can be exchanged for bonuses, free bets, or other rewards.
012
No Deposit Bonus
No deposit bonus is a small amount of credit you receive just for signing up, no deposit required.
013
Odds
Odds represent the likelihood of an outcome and determine how much you can win relative to your stake.
014
Parlay
Parlay is a single bet that combines two or more selections; all must win for the bet to pay out.
015
Progressive Jackpot
Progressive jackpot is a prize pool that grows each time the game is played until someone wins it.
016
Provably Fair
Provably fair is a system that uses cryptographic proofs so players can verify that each game result was random and not manipulated.
017
Rake
Rake is a small fee taken by the platform from each pot or tournament entry.
018
RNG
RNG is a computer program that creates random results in games, ensuring each outcome is fair and unpredictable.
019
RTP
RTP is the percentage of total bets a game pays back to players over time, higher RTP means better odds.
020
Self‑Exclusion
Self‑exclusion lets you block your own account for a chosen period, during which you cannot log in or place bets.
021
Stake
Stake is the amount of money you risk on a single bet.
022
Time‑Out
Time‑out is a short break you can set to restrict your account access for a few hours or days.
023
VIP Tier
VIP tier is a status level that offers perks such as higher bonuses, faster withdrawals, and personal account managers.
024
Volatility
Volatility indicates how often and how much a game pays out; high volatility means bigger but less frequent wins.
025
Wagering Requirement
Wagering requirement is the amount of money you must bet before bonus winnings can be withdrawn.