Glossary
House: The platform that accepts and manages bets.
Wager: The amount a player bets before participating in a game.
Payout: The total amount a player receives after the game concludes, including both the wager and any profits.
• Formula: payout = multiplier * wager
Profit: The earnings a player makes after winning a game, calculated by subtracting the wager from the payout.
• Formula: profit = payout - wager
Pot: The combined total of all bets placed by players (and the house when it acts as an opponent, such as in games like Coinflip).
Hand (Poker): A specific combination of 5 cards dealt to a player.
Decimal Odds (European Odds): The average probability of achieving a favorable outcome in a game, expressed as a decimal. Used to calculate potential payouts.
Probability Odds: The likelihood, expressed as a percentage, of a player achieving a favorable outcome from their perspective.
House Edge: The advantage the platform (house) holds over players, calculated as the house odds minus the player odds.
Casino Games: Games where players compete directly against the house.
PvP Games (Player versus Player Games): Games where players compete against each other instead of the house, with the platform taking a fee for facilitating the game.
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