Online casino industry is a rapidly growing industry that has successfully engaged a myriad of gaming enthusiasts. A variety of exciting games including Poker, Roulette, Blackjack, Baccarat and many more are perfectly suited for engaging a great count of gamers. Thus the online casino industry is undoubtedly showing an increasing graph of growth and boosted revenue all across the globe in the past few decades. Entrepreneurs are paving their ways towards investing in this lucrative industry by opting for a feature rich online casino software.
The Scope of Online Casino Industry
- As per estimations, the global casinos & online gambling market size reached nearly 227 billion USD in the mid of 2020.
- The gross casino gaming revenue in the US in 2020 was highest in the areas including Nevada, Pennsylvania and New Jersey.
Highest Gross Casino Gaming Revenue Areas in the US in 2020
Nevada
Pennsylvania
New Jersey
- Value of the casino market in 2019 was $19500 Million USD and is expected to reach $29700 Million USD in 2025 at 4% CAGR.
- In comparison to the offline casino market, online casinos come with better winning odds & higher payback percentages thus they are the preferred choice of casino players nowadays.
- The factors playing crucial role to drive the global market of online casinos are:-
- Increasing count of participants
- Rising living standards
- Enhanced spending capabilities
- Growing urbanization
- Commercialization
- Increased adoption of mobile devices
- The geographical segmentation of online casino market is done as follow:-
- Europe
- Asia Pacific
- Middle East & Africa
- North America
- South America
- The major share is holded by Europe.
Online Casino Terminologies
243 Ways to Win
It is a gambling term associated with the mechanics that is present in slot machines and video slot games.
Action
It refers to the total sum of money that is put into the play by others or by you in the table.
Active Payline
Mechanics that is integrated into the designing of slot machines or video slots is referred to as active payline.
ACS
ACS stands for Automatic Card Shuffler.
Add-On
Add on refers to the additional count of chips that can be added by the players to the bankroll at the time of tournament.
Affiliate
When businesses send customers to other businesses and generate revenue, it is termed as affiliates.
Aggregate Limit
The amount to be paid in a single hand by casino is termed as aggregate limit.
All-In
When Poker players wager all their remaining chips in the pot, it is termed as All-In.
Ante
Bet which is required before starting a hand or round in certain casino games is termed as ante.
Arm
Arm denotes a player with exceptional dice throwing skills.
Baccarat
Baccarat is one of the most popular casino games.
Balance
Balance is the amount of money that the user has for making the bets.
Banker
Banker is an alternative term used for house or dealer.
Bankroll
The total amount of money possessed by the players for gambling is known as bankroll.
Barred
Barred refers to the players whose account or IP address is banned by the online casino.
Beard
A player who conceals the identity of another player is termed as beard.
Beef
When there is a dispute between casino and player, it is termed as beef.
Beginner’s Luck
When a new player wins due to the luck factor, it is termed as beginner’s luck.
Bet Max
When the Bet Max button is clicked by the players, the maximum number of coins get placed on bet for all the active paylines.
Bet Min
Through the Bet Min button, the bet gets automatically set to the minimum possible amount.
Betting Limits
The maximum or minimum amounts at which players can bet at the time of game refers to the betting limits.
Blackjack
It is a well known online casino game that has many variations including American Blackjack, Spanish 21, Blackjack Switch and many more.
Blind Bet
When players bet even before seeing the cards, it is known as blind bet.
Blinds
When players are required to place forced bets, they are called blinds.
Bonus
The money that is given by online casinos to players for meeting some particular requirements.
Break-Even Point
When a player wins the same amount that they wagered previously.
Breaking the Bank
Winning a big amount in a casino game is termed as breaking the bank.
BritBrag
It refers to a variance of Poker that is played against casinos with three cards.
Bug
In Poker, bug refers to the wildcard which can be used only for creating flushes and straights.
Buy-In
Getting casino chips in exchange of cash is termed as buy-in.
Cage
Cage is a place where a lot of money is stored in casinos.
Call
When players accept the current set of wager by the previous players before passing action to another player who is sitting in clockwise direction to them.
Camouflage
When players try to camouflage their current hands, playstyle and identity, it is termed as camouflage.
Capping
It is a kind of cheating that involves removing or adding chips from bets after declaration of outcome.
Card Counting
It is used in Blackjack and is a process of counting and remembering played cards.
Card Sharp
Those who are blessed with skills of playing card games are called card sharp.
Card Washing
It's a technique of card shuffling mostly used by the dealers.
Caribbean Stud Poker
It is a popular casino table game that is based upon five card stud poker.
Cascading/Collapsing Reels
It is a bonus feature which appears when the winning combination is landed every time.
Cashback
In case of a losing bet, when players get a refund, it is termed as cashback.
Cash-Out
The action of money withdrawal from online casinos is termed as cash out.
Casino Advantage
Mathematical advantage which online casinos have over the players is known as casino advantage or house edge.
Casino Rewards
The additional bonuses or prizes earned by the players are termed as casino rewards.
Casino Tournament
These are the different tournaments that take place in the casinos.
Chase
Chase means a player continues gambling with a hope of recovering from the losing bets.
Chips
Chips are a kind of currency that are used in casinos.
Classic Slots
This term is used for describing type of slot machines and video slots.
Coat-Tail
The person who bets the same number as that of the number chosen by the winning player.
Coins
Coins are another type of currency used in online casinos.
Cold
There are times when players are on a losing streak, it is referred to as cold.
Colouring Up
When smaller valued chip denominations are exchanged for chips of higher value by the players.
Comp Points
These are the reward points through which different prizes are claimed in casinos.
Cracking the Nut
This term refers to the players who earn sufficient money for covering their expenses along with making profits.
Craps
Craps is one of the most popular online casino games.
Crossfire
This term is used for dealers by the players who chat about different things except the game in front of players.
Card Shark
Card Shark is a term that denotes a person who has expertise in the card games.
Chip Tray
Tray which is used by a croupier or the dealer for holding house chips is termed as chip tray.
Chips
Tokens that are used in casinos for representing cash are termed as chips.
Color Up
The act through small denomination chips are exchanged with the larger ones are termed as color up.
Comp Points
omp points are earned by the players and can be exchanged for the chips.
Croupier
Croupier is a French word that is used for the casino dealers.
D’Alembert Betting System
This system was created by Jean Le Rond D’Alembert, a mathematical genius, in the 18th century for creating a profitable system which can be used in online casinos by players.
Deal
The action through which cards are dealt in the card games is called deal.
Dime
It refers to the bets which can be placed in online as well as land based casinos.
Dime Bet
$1000 wager in Poker is termed a dime bet.
Double or Nothing
When double of the previous wager is placed for breaking the even.
Doubling Up — Martingale System
It is one of the best known and oldest gambling systems of the world.
Down to the Felt
It refers to the players who are undergoing completely broke.
Draw
In Blackjack casino games, draw means the process of asking for extra cards.
Drop
It means surrendering which allows dropping the hand and keeping half of the initial stakes.
Dealer
The person who is responsible for handling and cards in the casino games is known as a dealer.
Degenerate Gambler
The person who gambles excessively and more frequently is known as a degenerate gambler.
Deposit
When funds get added to the online casino account of players, it is known as deposit.
Deck
Deck refers to the collection of playing cards in an online casino game.
Deuce
Deuce refers to the “two” number in an online casino game.
Edge
The advantage that is held in the games of casino is termed as edge.
En Plein
It is used in Roulette casino games that means placement of plain bets or single number betting.
En Prison Rule
This French term denotes the bonus rules of the particular casinos.
End-of-the-Day Betting Effect
It denotes the behaviour of the players who are reaching the end of the gaming session.
Eye in the Sky
For monitoring gaming tables, overhead cameras that are used in casinos are termed as eye in the sky.
Expanding Wilds
It is a term used for bonus features which appear in video slot games and slot machines.
Face Cards
Certain specific cards including king, queen and jack are termed as face cards.
Ficheur
It denotes the device that is used in Roulette casino games.
Fifth Street
In one of the Poker rounds, Fifth street is a specific stage.
Firing
It denotes a player who does betting of big amounts of money continuously.
Fish
It denotes the players having a tendency of losing often.
Flat Betting
When a person does betting of the same amount on each hand that they play, it is termed as flat betting.
Flash Casino
An online casino which allows players to play games directly through their browsers by employing flash technology.
Flea
It denotes the most irritating person on the casino table.
Flop
The first three community cards with which a croupier deals is termed as flop.
Fourth Street
In a Poker round, Fourth street is a specific stage.
Fold
When players forfeit their hands in online casino games, it’s termed as fold.
Free Spins
Free spins is a term that is used for representing bonus features in video slot and slot machines.
Gambler’s Fallacy
The false belief that any random event’s outcome is affected by the previous events.
Gambler’s Ruin
A gambling strategy which can bankrupt or ruin any player who uses it is termed as gambler’s ruin.
George
Someone who tips generously is termed as george in an online casino.
Grease
Grease is a slang that is used for bribes in an online casino.
Grind
When players keep on wagering small amounts of money for working their ways up to gain profits, it is termed as grind.
Hit
In Blackjack casino game, hit means asking for an additional card.
Hole Card
The face down card received by the dealer is termed as hole card.
Honeymoon Period
The winning streak of new players is termed as a honeymoon period by the experienced players.
Hot
The players who are on a wonderful winning streak are termed as hot in casinos.
Hand
Cards holded or possessed by the players in their hands at the time of casino games are termed as hands.
Hard Count
Counting of coins or winnings under security cameras of the casino establishments are termed as hard countings.
High Roller
The players who mostly play for high stakes are termed as high rollers.
House
House is a term that refers to the casino.
House Edge
Advantage gained by the casino over the players in online casino games is termed as house edge.
House Rules
Rules that are particular for any specific casino are called house rules.
Inside Bet
It is a term used in Roulette which includes betting on the single numbers that range from 0-36.
Insurance Bet
Insurance bets are types of bets which are placed at the time of Blackjack casino games.
Insurance
Side Bets that are used in Blackjack casino games are termed as insurance.
Irregular Playing Patterns
Irregular playing patterns is a term which is closely associated with online casino bonuses.
Jackpot
The biggest prize offered by a casino game is termed as jackpot.
Jacks or Better
Jacks refers to the popular video Poker game’s variance.
Juice
It is a slang that refers to the fees charged by the casinos or bookmakers for playing in online casinos.
Junket
The loyal casino players spending much time in casino gaming get complimentary travel trips that are known as junkets.
Kicker
High card in the hands of players which is not covered in winning combinations.
Limits
Fixed limit at which players can bet or maximum amount that is allowed to be raised by the players is termed as limits.
Ladderman
When a Baccarat game is overseen by a person in brick and mortar casinos, the person is termed as a ladderman.
Lay the Odds
Laying the odds denotes that the player is expecting to win the amount that is less than the amount that they have wagered.
Layout
Gaming table’s surface at which players can place the wagers is known as layout.
Lobby
The place where all the online casino games are available is called lobby.
Locals Casino
It is used for differentiating between brick and mortar casinos which serve local players and some particular casinos for tourists.
Low Poker
It is a variation of Poker.
Low Roller
It denotes the person who is the high roller’s opposite.
Loyalty Scheme
Loyalty schemes are offered by the casinos for rewarding playing for the wagering activities that they perform.
Live Dealer Games
Online casino games which are played against the real dealers through live video streaming.
Marker
When a player requests or writes checks or requests casino credit for continuing the gameplay in a casino, it is termed as marker.
Mechanic
It is a term which players use for referring to a proficient dealer who is skilled in cards handling.
Multiplier
It is a game mechanic which means multiplying payouts in casinos.
MVG
MVG means most valuable guest.
Mobile Slots
Video slot games playable on handheld devices are termed as mobile slots.
Multiplier
Mechanics that are present in the video slots and can multiply your player’s payouts.
Maximum Bet
Maximum bets are highest stakes placeable at casino games.
Minimum Bet
Minimum bets are lowest stakes placeable at casino games.
Multi-Hand Games
Multi-hand games are the casino games in which at once more than one hand can be played.
Multiplayer Games
Online games in which players can play with the multiple other real players.
Natural
Dealing with the best possible hand is termed as natural.
Net Winnings
When initial stake is deducted from the total payout, it is termed as net winning.
Non-Negotiable Chips
These chips do not get exchanged for real money and are used for promotions.
Nut
Nut refers to the general cost involved to run a casino.
Non-Sticky Bonus
Bonuses which can be withdrawn as the essential requirements get met.
Net Winnings
When initial stakes are reduced from the total payouts, its is referred to as net winnings.
Odds
The chances of winnings or the ratio of probabilities are referred to as odds.
Online Casino Games
All the games that are available at online casinos are referred to as online casino games.
Open
The first player to make a bet in a Poker game is referred to as open.
Outside Bet
Outside bets are used in Roulette game and refers to the various kinds of bets that are placed in a Roulette game.
Overlay
The odds that are more beneficial for the players rather than for the house are termed as overlay.
Paint
This term denotes face cards including King, Queen and Jack.
Pallet
In the Baccarat game, dealers use some tool termed as Pallet.
Paroli
The Roulette players use a certain betting system termed as Paroli.
Pass
When a player takes a decision of forfeiting the hand stops to play in that hand or round, it is termed as pass.
Pat
It denotes an unbusted hand consisting of cards that sum to at least 17 points.
Payline
It refers to the symbols combination whose outcome is a win.
Payoff
It denotes the total money received by the player after placement of bets.
Paytable
It denotes the menu that is available in slot machines and video slots.
Pigeon
An unknowledgeable and naive casino player is termed as a pigeon.
Pit Manager
A person who manages multiple casino tables is called a pit manager.
Pit
A particular area in casinos which are specifically designated for the casino games is termed as pit.
Plug
A card group segregated through a plastic cut card is called plug.
Pocket Cards
The cards dealt by the players face down to them are termed as pocket cards.
Pot
The amount of money which is kept in the table's middle is termed as pot.
Progressive Slot
It denotes a kind of video slot game.
Punto Banco
It is a variant of the Baccarat casino game.
Provably Fair
An algorithm used for proving the fairness of the online casino games is called provably fair.
Payout Percentage
It is the approximate return that a casino pays over time which is expressed in the form of percentage of the overall bets that are placed.
Payout Table
The payouts for every bet on the table games are shown by a table called a payout table.
Penetration
Before shuffling the deck, a certain percentage of deck is dealt before, it is termed as penetration.
Phantom Bonus
Phantom bonus is removed from the account of players during cash-out.
Progressive Jackpot
The jackpot that keeps on increasing over the time is termed as progressive jackpot.
Quads
Anything which comes in number “four” is called quad.
Qualifier
For betting during a hand, players need to meet certain requirements that are called as qualifiers.
Queer
Counterfeit money in an online casino is termed as queer.
Racino
It is a combination of a racetrack and casino.
Rack
It denotes a tray carrying and holding chips, coins and tokens.
Rake
Fee charged by land based casinos to the players for playing.
Rapid Roulette
It is a variation of the Roulette casino game.
Rating
The process through players are rated by the casinos.
Reload Bonus
When an existing customer makes a new deposit at online casinos, reload bonuses are offered to them.
Reel
The horizontal columns which are a crucial part of the slot games are called reels.
RFB
It denotes certain complimentary rewards received by the VIP players in casinos.
River
Last community card with which the dealer deals is termed as river.
Have Plans to Start an Online
Casino Business ?
Royal Flush
If there are no wild cards, the best possible combination of hands received by players is termed as royal flush.
RNG
RNG is a random number generator which is a software algorithm used for generating random outcomes.
Roulette
Roulette is a popular online casino game in which players place bets on various conditions such as single number, odd/even number, colors , etc.
Shill
It refers to players who are being paid for playing.
Shutter
A board or card containing the bingo numbers is called a shutter.
Shuffle Tracking
It denotes a technique of card counting.
Shiner
It denotes a small device or mirror for reflecting light and revealing the cards which are unexposed.
Silver Mining
When players keep walking through one slot machine to other for finding coins in the slot machines that are unattended.
Sixth Street
Betting’s fourth stage is called Sixth street by the players.
Skimming
The act of stealing money is termed as skimming.
Skin
It denotes money in the casinos.
Slots
It is a popular online casino game.
Spinner
A winning streak is often denoted by the term spinner.
Shoe
Shoe is a box through which dealing of cards is done in casinos.
Sign-Up Bonus
As new customers join, online casinos offer them certain bonuses known as sign up bonuses.
Stake
Stake is the total amount that is wagered on a casino game’s outcome.
Sticky Bonus
Sticky bonus does not get withdrawn and stays stuck to the account of players until it is lost.
Spooking
It denotes a person who stands behind the dealer and peeks into hole cards.
Sticky Stacked Wilds
Bonus features in the slot games are termed as stacked wilds.
Standing Hand
These sum of cards indicate that players or dealers should stop hitting.
Sticky Wilds
They do not differ much from the wild symbols but only difference is that sticky wilds remain sticked to playing grids.
Suit
It denotes multiple kinds of casino playing cards.
Surrender
It denotes kinds of bets in Blackjack variations and Roulette games.
System
It refers to the rules set for forming betting strategy.
Table Hold
In a single table game, money that is made during an 8 hour long shift is denoted by the term table hold.
Table Limit
It denotes bet limits in the table games of casinos.
Table Stakes
It is a rule in casinos which states that players are not permitted to remove or add chips at the time of play from the active hands.
Tells
It denotes the subtle signs of quirks exhibited by a dealer or a player.
Third Street
The first betting round of Seven Stud Poker is termed a third street.
Three of a Kind
It denotes a hand with three cards having the equal rank.
Tap Out
When the entire bankroll is lost by the player, it is called tap out.
Time Cut
The money that a casino charges from the players to play in their poker rooms is called time cut.
Trips
A hand having three cards which are of the same rank is referred to as trips.
Tronc
Box that is used for tipping dealers by the players during casino table games.
Twenty-One
It is gambling game that is centuries old.
Underplay
The way in which a player plays the hand when the hand is strong and there are greater winning chances is termed as underplay.
Unit
It Smallest amount used for making bets in an online casino is referred to as a unit.is gambling game that is centuries old.
Up Card
Face-up cards of dealers are referred to as Up cards.
Vigorish
The commission or fees that is taken by a house is referred to as vigorish.
Viking Poker
Caribbean Stud Poker, a variation of Poker game is often referred to as viking Poker.
VIP
Players with high value, getting special treatments are termed as VIP.
Wager
The bets made in land based and online casinos are termed as wagers.r
Wagering Requirements
For releasing a bonus for withdrawing or earning a bonus in online casinos a certain amount of money must be wagered, it is termed as wagering requirements.
Welcome Bonus
New customers are welcomed with certain bonuses in online casinos that are termed as welcome bonuses.
Washing
It denotes the actions which are in practise of the croupiers.
Web Wallet
It denotes the online wallets in casinos.
Whale
Player with high value, playing for the big stakes is termed a whale.
Wild Symbols
Slot machine games and video slots have special symbols that are termed as wild symbols.
Withdrawal
The process through which players can cash in their chips at the cage whenever they want is termed as withdrawal.
EXPLORE MORE BLOGS FROM VARIOUS CATEGORIES
Planning to Invest in the Online Casino Industry ?
After having a detailed idea about the necessary terminologies of the online casino world, one more crucial step that is involved before entering the online casino business is choosing a right online casino software provider. We can be your perfect helping hand that can make you reap maximum benefits in the online casino industry through our feature rich and state of the art online casino software development solutions. Whether it’s about integration of exciting online casino games or trending features in the online casino software, we have got you all covered ! Our team of industry experts are well versed with the bleeding edge technologies and trends of the casino industry and are thus capable of successfully delivering an ultra modern and top of the line online casino software solution for your business needs.
FAQs
Online casino industry is expected to grow at the rate of 4% CAGR and reach $29700 million USD.
Jackpot which increases with time is called as progressive jackpot.
A software algorithm through which random outcomes get generated is called as random number generator or RNG system.
Cash out is the action of withdrawing money from the online casinos.
GammaStack is a well-known online casino software provider which offers top-notch casino software solutions.