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The mamaknowsbets Glossary: Every Term, Plain and Simple

From RTP and house edge to rollover and KYC, this glossary covers the language you'll run into across our lobby, your account wallet, and the sportsbook — available where state law permits.

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mamaknowsbets The mamaknowsbets Glossary: Every Term, Plain and Simple
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Not Sure What a Term Means in Your Account?

If a term on a game screen, a promo condition, or your transaction history doesn't match what you read here, our support team can walk you through it. Reach us through any of the channels below — we'd rather explain it once than have you guess.

Team online

Live Chat

Start a chat session from any page in your account. Describe the term or screen you're looking at and we'll give you a plain-English explanation right away.

Email Support

Send us a screenshot and a question to our support address. Responses explain the term in context — including how it affects your PayPal or Play+ wallet balance.

Account Help Center

The help center inside your account covers KYC steps, rollover tracking, and payment queries. Search by term name to pull up the relevant article for your situation.

mamaknowsbets How Knowing the Language Changes Your Play

How Knowing the Language Changes Your Play

Casino and sportsbook copy assumes you already speak the language — and when you don't, a misread rollover requirement or a misunderstood volatility rating can send a session sideways fast. This glossary is here so that never happens. Each definition is written the way we'd explain it to a friend: direct, no jargon stacked on jargon. Once you're clear on what a

term actually means, reading a game's paytable, checking your account balance after a Play+ deposit, or scanning a prop bet slip becomes second nature rather than a guessing game.

Essential Casino and Betting Terms Explained

These are the six terms that come up most often in our lobby and sportsbook. Read them once and you'll see them everywhere.

RTP stands for Return to Player — the percentage of all wagered money a slot or table game is designed to pay back over a very large number of rounds. We show RTP only where the game provider exposes that figure.

House edge is the mathematical advantage the game holds over you, expressed as a percentage. A 2% house edge means the game keeps roughly $2 for every $100 wagered long-term across all players.

Volatility — sometimes called variance — describes how often and how big a slot pays. High-volatility slots hit less frequently but can deliver larger amounts; low-volatility slots pay smaller amounts more often.

A wager is simply one bet placed on a game or sports market. Turnover refers to total wagering activity on your account over a given period — a figure that often appears in promotion conditions.

Jackpot slots carry a prize pool that grows with bets across many rounds. Some are fixed amounts; progressive jackpot slots accumulate until one spin triggers the full prize, then reset.

A live dealer game streams a real human dealer from a studio — Evolution and Pragmatic Play operate major live studios — dealing cards or spinning a roulette wheel in real time while you bet on screen.

Odds, Payments, and Account Terms You Should Know

Beyond the basic game mechanics, these terms show up in your account settings, on the sportsbook slip, and during deposits and withdrawals.

A rollover — also called a playthrough — is the number of times you must wager a promotional amount before any resulting balance can be withdrawn. For example, a 10x rollover on $20 means $200 in total wagers.

Over/under is a sportsbook market where you bet whether a stat — typically combined points scored in an NFL game — will finish above or below a number the oddsmaker sets before the game begins.

A moneyline bet is a straight pick on which team wins, with no point spread involved. American-style moneyline odds are shown as positive or negative numbers, like +150 or -180, indicating payout relative to a $100 stake.

An e-wallet is a digital payment account that holds funds you can send or receive without sharing bank details each time. PayPal and Venmo are the e-wallets we support for eligible US account holders.

KYC stands for Know Your Customer — the identity verification process required to confirm your name, age, and location before withdrawals are processed. Submitting a government-issued ID typically completes this step.

Play+ is a prepaid card account linked to your player wallet. You load it from your checking account or debit card, use it to fund your casino or sportsbook balance, and withdraw winnings back to the same card.

How These Terms Apply Inside Our Lobby

Definitions are only half the picture. Here's how the same terms work when you're actually navigating games, funding your wallet, or reading a bet slip on mamaknowsbets.

Open the game's info panel — usually a small 'i' icon on the loading screen. We display RTP only when the studio, such as Pragmatic Play, publishes it. Not every title shows this figure.

If your session budget is smaller, a low-volatility title like Infinite Baccarat side bets or compact slot rooms tends to stretch it further. High-volatility games like Moon Crash suit longer sessions where you're comfortable with swings.

The rollover counter starts the moment a promotional balance is credited to your account. You can track progress in real time from the promotions section of your account wallet — no manual calculation needed.

A withdrawal request to PayPal or Venmo triggers a KYC check if your account hasn't been verified yet. Upload a government-issued ID through the verification tab; once approved, the withdrawal moves to your e-wallet.

The point spread is a margin added to level the matchup. If the Chiefs are -6.5, they need to win by seven or more for your bet to pay. A bet on the opponent wins if they lose by six or fewer, or win outright.

Yes. Open the cashier from the mobile account menu, select Play+ as your funding method, enter your amount, and confirm. The balance appears in your player wallet typically within the same session on iOS or Android.
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mamaknowsbets Betting Glossary

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