Casino and sportsbook pages are full of terms that mean something specific: wagering, payout percentage, puck line, KYC, chances. This glossary explains them in plain English, from A to Z, with the words Canadian players actually see on a cashier, a bonus page or a bet slip.
Each entry is short and practical. Where a term needs more than a few lines, the entry links to the guide that covers it in full. Money is in Canadian dollars, odds are American with the decimal price in brackets, and every bonus figure is an example to show how a term works, not a current offer. All guides are listed on our guides page.
How to use this glossary
Terms are listed alphabetically. Casino terms, sportsbook terms and payment terms sit together, because most Canadian sites put the casino and the sportsbook in one account. For the full explanation of a topic, follow the links to our guides on odds formats, the puck line, parlays and wagering requirements.
A
Action. The total amount of money being bet. A table or a game with a lot of bets is said to have a lot of action. On a sportsbook, "action" on a team means the money placed on it.
All-in. In poker, betting all your remaining chips on the current hand.
American odds. The odds format most sportsbooks in Canada show. A minus number, such as -150, is how much you stake to win $100; a plus number, such as +130, is the profit on a $100 stake. -150 is 1.67 in decimal. See our odds formats guide.
American roulette. Roulette with two green pockets, 0 and 00. The extra pocket raises the house edge to about 5.26%, against about 2.70% on single-zero European roulette.
Autodeposit. An Interac e-Transfer setting in your online banking that deposits incoming transfers straight into your account, without a security question. Setting it up before your first casino withdrawal removes a common cause of delay. Our Interac e-Transfer guide explains how.
B
Bankroll. The money you have set aside for gambling, separate from what you need for living costs. A bankroll should only ever be money you can afford to lose. Setting a limit for a session, a week or a month, and stopping when it is reached, is the basis of playing responsibly.
Blackjack (natural). A two-card hand of 21: an ace and a ten-value card. It beats any other 21 and usually pays 3 to 2, though some tables pay only 6 to 5, which raises the house edge. Check the table rules.
Blinds. Forced bets in poker, placed by the two players to the left of the dealer before any cards are dealt, so there is money in the pot from the start. The small blind is usually half the big blind.
Bluff. In poker, betting or raising with a weak hand to make players with stronger hands fold.
Bonus bet. The North American name for what European sites call a free bet: a bet the sportsbook funds as part of a promotion. When a bonus bet wins, you usually receive the winnings without the bonus stake. The exact terms are in each operator's promotion rules.
Bust. In blackjack, going over 21, which loses the hand automatically.
C
CAD. The currency code for the Canadian dollar. If a casino account runs in CAD, deposits and withdrawals are not converted. If it runs in US dollars or euros, your bank or the payment provider converts each payment, and the exchange rate and any fee come off your money. Check the account currency before you deposit. On this site, "$10" means 10 Canadian dollars; we write C$ only next to US$.
Cascading reels. A slot feature where the symbols in a winning combination disappear and new symbols drop into their place, so one spin can produce several wins in a row. Also called tumbling or avalanche reels.
Cashback. A bonus that refunds a percentage of your net losses over a set period. As an example only, 10% weekly cashback on $100 of net losses would return $10. The refund can arrive as bonus money with its own wagering or as cash; the terms say which.
Chances. The word brands in the Casino Rewards network use for some of their spins, as in "chances" for a small first deposit. The chances are spins on the Mega Money Wheel jackpot game rather than on a standard slot. Treat them like any spins offer: the terms, including wagering and expiry, decide what they are worth.
Column bet. A roulette bet on one of the three columns of 12 numbers. It pays 2 to 1.
Comps. Short for complimentaries: perks a casino gives regular players, from bonus money and cashback online to meals and hotel rooms at land-based casinos.
Crypto. Bitcoin and other cryptocurrencies, accepted for deposits and withdrawals by many offshore casinos. A sent crypto payment cannot be reversed, and the coin's price can move between your deposit and your withdrawal, so the dollar value you get back can differ from what you put in.
D
Decimal odds. A price that shows the total return per $1 staked, stake included. $10 at 2.30 returns $23. Decimal odds are the easiest format for working out a parlay, because you multiply the prices of the legs.
Deposit. Adding money to your casino or sportsbook account. Most deposits are credited within minutes. Use a payment method in your own name: casino terms generally expect it, and a payment from someone else's account can block your first withdrawal.
Deposit bonus. Bonus money added to your account based on a percentage of your deposit. As an example only, a 50% bonus up to $100 on a $200 deposit adds $100 in bonus funds. It comes with wagering requirements and other terms, and is offered to new players as a welcome bonus and to existing players as a reload bonus.
Deposit limit. A cap you set on how much you can deposit per day, week or month. It is one of the simplest responsible gambling tools, and you can usually set it in the account settings before your first deposit. Your bank's e-Transfer limit is a ceiling, not a budget.
Double down. In blackjack, doubling your original bet in exchange for exactly one more card.
E
Empty net. In hockey, a net with no goalie, usually because a team trailing late in the game has pulled its goalie for an extra skater. An empty-net goal can turn a one-goal win into a two-goal win, which decides many puck-line bets.
European roulette. Roulette with a single green 0. The house edge is about 2.70%, roughly half that of American roulette. Some versions add the "la partage" rule, which returns half of an even-money bet when the ball lands on 0.
Expiry date. The time you have to use a bonus and meet its wagering requirements before it is removed. Expiry differs from offer to offer, from a day for some spins to a month or more for larger bonuses. Unmet requirements at expiry mean the bonus and any winnings from it are taken off your balance.
F
Fish. Poker slang for an inexperienced player who is seen as likely to lose.
Flop, turn, river. The community cards in Texas Hold'em. The flop is the first three cards dealt face up, the turn is the fourth and the river is the fifth and last.
Fold. In poker, giving up your hand and any claim on the pot.
Fractional odds. The British odds format, shown as profit over stake. 5/2 means $5 profit for every $2 staked, which is 3.50 in decimal and +250 in American.
Free spins (bonus). Spins on a slot that you do not pay for, given as part of a promotion. Winnings from them are usually credited as bonus money, with wagering requirements, a maximum win and game restrictions attached, so they turn into cash only after the terms are met.
Free spins (in-game feature). A bonus round inside a slot, usually triggered by landing three or more scatter symbols, where the reels spin a set number of times without a new bet. Not the same as a free spins promotion.
Futures. Bets on results that settle weeks or months later, such as the Stanley Cup winner, the Grey Cup winner or a season award. Your stake is tied up until the market settles, and the margin on a market with many teams is wider than on a single game.
G
Game restrictions. Games or game types you cannot play with bonus funds, or that count less towards wagering. Table games, live casino and some high-paying slots are often restricted. Playing a restricted game with an active bonus can cost you the bonus. The list is in the bonus terms.
Grind. Playing for long stretches at low stakes. In poker it means aiming for slow, steady results through disciplined play.
H
Hard hand and soft hand. In blackjack, a hard hand has no ace, or an ace that has to count as 1. A soft hand has an ace counted as 11, so you can take another card without the risk of going bust.
High roller. A player who bets large amounts. Casinos often offer high rollers separate VIP terms. Also called a whale.
Hit. In blackjack, asking for another card.
House edge. The built-in advantage a casino holds in every game, expressed as the share of each bet it expects to keep over the long run. A 2% house edge means the casino expects to keep $2 of every $100 wagered, averaged over a very large number of rounds, not in any one session. Blackjack played with basic strategy can be close to 0.5% under good rules, while many slots and side bets are much higher. A lower house edge is better for the player.
I
Implied probability. The chance of a result built into a price. For decimal odds, divide 1 by the price: 1.67 is about 60%. Add the implied probabilities of every outcome in a market and the total is above 100%; the difference is the bookmaker's margin.
Inside bet. A roulette bet on a single number or a small group of numbers inside the main grid. Higher payouts, lower chance of winning.
Insurance. A blackjack side bet offered when the dealer shows an ace. It pays if the dealer has blackjack. Over time it costs the player more than it returns, which is why basic strategy says to decline it.
Interac e-Transfer. The deposit method Canadian casinos support most often. Money moves from your own chequing or savings account, you approve the payment in your online banking, and you never share a card number with the casino. Not every casino that takes Interac deposits pays withdrawals the same way, so check both sides of the cashier. Interac Online, a different service, was retired in 2024, and InstaDebit closed in 2026; a cashier that still lists either is out of date. See the Interac e-Transfer guide and the Canadian banks guide.
J
Jackpot. The top prize in a game. A fixed jackpot has a set value. A progressive jackpot grows with a small share of every bet until someone wins it, then resets to a starting amount. Progressive jackpots linked across many casinos can reach millions of dollars, and the chance of hitting one is very small.
K
KYC (Know Your Customer). The identity check a casino runs, usually before your first withdrawal. Expect to send photo ID such as a driver's licence or passport, a proof of address such as a utility bill or bank statement, and sometimes proof that the payment method is yours, such as a void cheque or a banking screenshot. Sending the documents early means your first payout is not held while they are checked. A casino has no need for your Social Insurance Number; do not send it.
L
Licence. The permit a gambling regulator issues to an operator. The offshore casinos Canadians outside Ontario and Alberta see are usually licensed in Curaçao, Anjouan, Malta, Kahnawake or Tobique. A licence sets rules for the operator, but Canadian provincial regulators do not supervise these sites and cannot settle a dispute with them. Our casino licences guide explains what each licence means, and how we rate casinos shows how licences count in our scores.
Live betting. Betting while a game is being played, with odds that change after every goal, penalty or goalie pull. Sportsbooks hold live bets for a few seconds before accepting them, and a TV stream can run behind the sportsbook's data.
Live casino. Table games and game shows streamed from a studio with a real dealer or host, played through your screen.
Loonie. The Canadian $1 coin, named after the common loon on its reverse, in circulation since 1987. A $1 deposit offer is, in Canadian terms, a loonie deposit.
Loyalty program. A scheme that rewards continued play with points, which can be exchanged for bonus money, spins or other perks. Higher tiers usually bring better terms. Points come from wagering, so a loyalty program rewards playing more, not playing well.
M
Margin. The bookmaker's built-in cut in every price, also called the vig, the juice or the overround. On a hockey total at -110 (1.91) on both sides, the two implied probabilities add up to about 104.8%; the sportsbook keeps about 4.5% of everything staked if it takes the same amount on each side. In a parlay, the margins of every leg multiply.
Max bet. The largest single bet allowed while a bonus is active. Going over it, even once and by accident, can void the bonus and its winnings. The figure is in each casino's bonus terms.
Max win cap. The most you can withdraw from a bonus, most often a no deposit bonus or free spins. As an example only, with a $100 cap you could withdraw $100 even if you won $500 with the bonus; the rest is removed.
Megaways. A slot mechanic where the number of symbols on each reel changes with every spin, so the number of ways to win changes too, up to 117,649 on the classic six-reel layout.
Minimum deposit. The smallest amount a cashier accepts, or the smallest deposit that qualifies for a bonus. The two are not always the same, and each casino sets its own in its terms.
Moneyline. A bet on who wins the game. In hockey, the standard moneyline usually includes overtime and the shootout; the three-way 60-minute line does not. Favourites carry a minus price, such as -150 (1.67), underdogs a plus price, such as +130 (2.30). See the NHL betting guide.
Multiplier. A slot feature or symbol that multiplies a win. A 3x multiplier triples it.
N
No deposit bonus. A small bonus, in cash or spins, given for opening an account without a deposit. Because the casino is giving it away, the terms are usually stricter: higher wagering, a low max win cap and a short list of games.
Nuts. In poker, the best possible hand at that moment of the deal.
O
Outside bet. A roulette bet on the boxes outside the number grid, such as red or black, odd or even, high or low. Lower payouts, often even money, and a higher chance of winning.
Over/under. See totals.
Overtime. Extra play after a tied game. In the NHL regular season it is five minutes of three-on-three sudden death, then a shootout; in the playoffs, full 20-minute periods until someone scores. Whether a bet counts overtime is in the market name or the sportsbook's rules.
P
Parlay. Two or more bets linked into one ticket. The decimal prices multiply and every leg has to win. Three legs at -150 (1.67), +120 (2.20) and -110 (1.91) make a parlay of about +600 (7.00), so $10 returns $70. The word Europeans use is accumulator. See our parlay guide.
Payline. A line across a slot's reels where matching symbols have to land to pay. Some slots have fixed paylines; others let you choose how many to play.
Payout. What you receive for a winning bet, set by the game's pay table or the odds. Also used for a withdrawal from your account.
Payout percentage. The term Canadian sites often use for the share of money wagered that comes back to players as winnings over time, the same idea as RTP. In practice, RTP is used for a single game and payout percentage for a whole casino or a group of games. Some casinos publish payout percentages reviewed by an independent testing lab; check the date and the lab named. A 96% payout percentage is a long-run average, not what you will get back in a session.
Pending period. The time a casino holds a withdrawal request before processing it. Each operator sets it in its terms. During this time some casinos let you cancel the withdrawal and play the money again; if the site lets you switch that option off, it is worth doing.
Pot. In poker, all the chips bet in a hand, won by the player who takes the hand.
Promo code. A code you enter at sign-up or in the cashier to claim a particular offer. Many bonuses now apply automatically; check whether a code is needed before you complete a deposit.
Prop. Short for proposition bet: a bet on an event inside a game rather than the result, such as a player to score or a goalie's saves. Props usually carry a larger margin than the main lines.
Puck line. Hockey's point spread, almost always set at 1.5 goals. The favourite at -1.5 has to win by two or more; the underdog at +1.5 wins the bet if it wins the game or loses by one. See our puck line guide.
Push. A tie against the bet. In blackjack, the player and dealer have the same total and the bet is returned. On a sportsbook, a result exactly on the line, such as six goals on a total of 6, returns the stake; in a parlay the pushed leg usually counts as 1.00.
R
Raise. In poker, increasing the current bet so the other players have to match it, raise again or fold.
Reality check. A pop-up that reminds you how long you have been playing and, on some sites, how much you have won or lost. You can usually set its interval in the account settings.
Reels. The vertical columns of a slot that spin and show the symbols. Classic slots have three reels; most video slots have five or more.
Regulation time. The first 60 minutes of an NHL game, three 20-minute periods. Markets settled on regulation only are often labelled "60-minute" or "regulation time", and a tie is a possible result.
Reload bonus. A deposit bonus for existing players, often tied to a day of the week. It comes with its own wagering and terms.
RNG (random number generator). The software that decides the outcome of every digital casino game, from a slot spin to a dealt card, so results cannot be predicted or controlled. Licensed operators have their games and RNGs tested by independent labs.
Round robin. A set of parlays built from one list of picks. A round robin by 2s with three picks makes three two-leg parlays, each settled on its own. Check whether the stake box is per parlay or the total. Elsewhere this is called a system bet.
RTP (return to player). The theoretical share of all money wagered on a game that is paid back as winnings over time. A slot with 96% RTP has a 4% house edge: over a very large number of spins it pays back $96 of every $100 wagered. Your results in one session can be very different. In Canada the same idea is often called payout percentage.
S
Same-game parlay. A parlay with several legs from one game, such as Edmonton to win, over 6.5 goals and an Edmonton player to score. Because the legs are linked, the sportsbook sets the price itself rather than multiplying the legs, and the price is usually lower than the legs multiplied. Also called SGP.
Scatter symbol. A slot symbol that pays or triggers a feature wherever it lands, without needing a payline.
Self-exclusion. Closing your access to gambling for a set period or for good, at your request. Each offshore casino runs its own self-exclusion, which does not cover other casinos, and the provincial lottery sites run their own programs. If you exclude yourself, close the account at every site you use. Our self-exclusion guide explains the options, and the responsible gambling page lists free help in every province we cover.
Shootout. The tie-breaker after NHL regular-season overtime. At most sportsbooks the shootout winner is credited with one goal in the final score, however many shooters score, which matters for the puck line and totals.
Showdown. The end of a poker hand, when the remaining players show their cards.
Split. In blackjack, turning a pair into two separate hands, with a second bet equal to the first.
Split bet. A roulette bet on two neighbouring numbers, placed on the line between them.
SSL. The encryption between your browser and a site, shown by a padlock in the address bar and an address starting with https. Never enter personal or payment details on a site without it.
Stand. In blackjack, keeping your current total and taking no more cards.
Straight up. A roulette bet on a single number. It pays 35 to 1.
Street bet. A roulette bet on a row of three numbers.
Surrender. A blackjack option, at some tables, to give up a hand and get half your bet back.
T
Tax on winnings. For recreational players, gambling winnings in Canada are generally not taxed as income; professional gambling can be treated differently. Our guide to gambling winnings and tax explains the rules and links the Canada Revenue Agency. It is general information, not tax advice.
Tilt. Frustration after a bad beat or a losing run that leads to bigger, careless bets. The moment you notice it is the moment to stop.
Time-out. A short break from your account, from a day to a few weeks, that you set yourself. Shorter than self-exclusion and usually available in the account settings.
Toonie. The Canadian $2 coin, in circulation since February 1996. The name joins "two" and "loonie".
Totals. A bet on the combined score, over or under a line, whoever wins. NHL totals are usually 5.5 or 6.5 goals. Check whether the total counts overtime and the shootout.
V
Volatility. How a game's payouts are spread. Low-volatility slots pay small wins often; high-volatility slots pay rarely but can pay large amounts, with long runs without a meaningful win in between. Medium volatility sits between the two. Match it to your bankroll: a smaller budget lasts longer on lower volatility. Also called variance.
W
Wager. A single bet, spin or hand, and the amount risked on it. Not the same as wagering requirements.
Wagering. The total you have to bet before bonus money and its winnings can be withdrawn, set as a multiple of the bonus (and sometimes the deposit). As a worked example only, a $100 bonus at 35x needs $3,500 in bets. Games count at different rates: slots often count in full while table games may count 10% or nothing, so the same requirement takes far longer on blackjack. Our wagering requirements guide works through it in dollars.
Welcome bonus. An offer for new players, usually on the first deposit and sometimes spread over several. It is often a deposit match plus spins. Its value is in the terms: wagering, max bet, expiry and game restrictions. For the current offers, see all bonuses.
Whale. See high roller.
Wild symbol. A slot symbol that stands in for most other symbols to complete a win.
Withdrawal. Taking money out of your account. It usually runs in three stages: identity checks if you have not passed them yet, the casino's pending period, then the payment itself, which with Interac e-Transfer usually takes minutes once sent. Some casinos pay out only to a method you have deposited with.
Play within your limits
Knowing the words makes it easier to read the terms; it does not change the house edge. Set a deposit limit before you play, keep a budget and stop when it is spent. Gambling is for adults only: 19+ in most provinces, 18+ in Quebec and Manitoba. If it stops being fun, our responsible gambling page lists free, confidential help for every province we cover. To compare sites, see all casinos and the sports betting hub.
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- CAD withdrawal limits printed in the terms, by VIP level
- 13,691 games in the lobby, plus a sportsbook with ice hockey
- Self-exclusion by email only; no player-set deposit limits found
- Casino Guru logs complaints about self-exclusion not being honoured
- Curaçao licence OGL/2024/169/0146 is active on the CGA validator
- Casino and sportsbook with esports in one account
- 24/7 live chat in English, plus a Telegram support bot
- No CAD account currency: USD, EUR, KZT and UAH only
- No Interac e-Transfer or iDebit in any payment list we read
- Responsible gambling tools limited to self-exclusion via support
- Canadian site at pandido.com/ca with Interac e-Transfer
- 10,000+ games, plus live dealer and sportsbook
- Operator and Tobique licence number named in the terms
- Terms refuse residents of New Brunswick
- Tobique licence 0000071 not tied to pandido.com: register lists no domains
- Only time-out and self-exclusion, both via support
- Interac e-Transfer on the operator's payments page
- Casino, live dealer and sportsbook on one site
- Live chat and email support, stated as 24/7
- Terms text could not be read; provinces unconfirmed
- Only time-out and self-exclusion, both via support
- needforspin.com on the Curaçao licence's domain list
- Interac logo on the site; CAD accounts
- Reality checks, breaks and self-exclusion; 24/7 chat
- No deposit or loss limit tool described
- Curaçao licence term expired April 2026, renewal in assessment
- Main domain redirects to a mirror not on the licence
- Interac e-Transfer shown in the operator's footer
- CAD accounts, with withdrawal limits printed in CAD
- Live chat and email support, stated as 24/7
- No deposit or loss limits; time-out and self-exclusion by email
- minocasino.com on the Curaçao licence's domain list
- Deposit limits, breaks, reality checks and self-exclusion
- Interac logo on the site; CAD accounts
- Self-exclusion by email request only
- Curaçao licence term expired April 2026, renewal in assessment
- Main domain redirects to a mirror not on the licence
- Anjouan licence ALSI-202601043-FI2 is valid in the public register
- CAD listed as an account currency by third-party reviews
- 10,000+ games and live dealer tables, per third-party reviews
- Interac listed by third-party reviews only, not on the operator's site
- Casino Guru logs 17 complaints, mostly voided winnings and closures
- Curaçao licence active in the regulator's validator
- Deposit, loss and wager limits in the account settings
- CAD accounts; casino, live dealer and sportsbook
- Interac not confirmed for Canada on any source read
- Terms refuse residents of New Brunswick
- Site texts name two different operator companies
- CAD accounts, with withdrawal limits printed in CAD
- Casino, live dealer and sportsbook on one site
- Live chat and email support, stated as 24/7
- Anjouan licence quoted by reviewers omits the Malina domain
- Heavy complaint record on Casino Guru, mostly withdrawals
- Interac deposits listed by the operator; CAD accounts
- 10,000+ games from 60+ providers, with live dealer
- 24/7 live chat; support in English and German
- Named licensee's licence term has expired
- Interac not named among withdrawal methods
- Self-service limit tools not described on the RG page
- CAD accounts, with withdrawal limits printed in CAD
- Casino, live dealer tables and sportsbook on one site
- Live chat and email support, stated as 24/7
- Interac listed by third-party sites, not by the operator
- Heavy complaint record on Casino Guru, mostly withdrawals
