Casino & Betting Terms Explained
New to online gambling? Here's a plain-language breakdown of the most common terms you'll encounter at 693jl — no jargon, just straight talk.
A form of sports betting popular in Asia that eliminates the draw outcome by giving one team a virtual head-start. It levels the playing field between unevenly matched teams, common in football and PBA betting.
A bet on whether the total combined score of a game will be over or under a set number. For example, bet Over 195.5 in an NBA game if you think both teams will combine for 196+ points.
Odds express the probability of an outcome and potential payout. Decimal odds (e.g., 2.50) are most common online; fractional odds (e.g., 3/2) are used in UK markets; American odds (e.g., +150) are standard in the US.
The percentage of total wagered money a slot or casino game pays back to players over the long run. A slot with 96% RTP theoretically returns ₱96 for every ₱100 wagered on average over many sessions.
The mathematical advantage the casino holds on any given game, expressed as a percentage. Baccarat has a low house edge (~1.06% on banker bet) while some slots can have edges above 5%.
The number of times you must bet your bonus amount before you can withdraw. A ₱1,000 bonus with 25x wagering means you must place ₱25,000 in total bets before cashing out bonus winnings.
Real casino games — baccarat, roulette, blackjack — streamed live from a studio with actual human dealers. You place bets in real time via your device. Evolution Gaming is the market leader for live dealer content.
How often and how much a slot pays out. Low volatility = frequent small wins; high volatility = rare but big wins. PG Soft's Mahjong Ways is medium-to-high volatility — popular with Filipino grinders.
A jackpot that grows every time the game is played but not won, pooling contributions from players across a network. These can reach millions of pesos before one lucky player hits the trigger.
A promotion that refunds a percentage of your net losses over a set period. For example, a 10% weekly cashback on ₱5,000 in losses returns ₱500 to your account — a safety net that many 693jl players appreciate.
