Casino Operations Terms
B
- Bet
- Bet is the amount of money a player chooses to risk on the outcome of a round in a casino game such as slots, roulette, blackjack, or others. It is placed before the result is known, with the goal of winning more money depending on the outcome. The size of the bet directly affects potential winnings.
C
- Casino Croupier
- A casino croupier is a person who runs table games in a casino. They deal cards, spin the roulette wheel, take losing bets, and pay out winnings. Croupiers also make sure players follow the rules and that the game runs fairly and smoothly. You’ll see croupiers in games like roulette, blackjack, baccarat, and other live table games.
G
- Game Credits
- Game Credits are the virtual currency used in casino games. Players use them to place bets and receive winnings. The credit balance is usually funded by depositing real money using available payment methods.
- Gambling
- Gambling is the activity of spending money on events with uncertain outcomes, usually for entertainment, but some people use it incorrectly to try to win more money. These activities include playing casino games, betting on sports, participating in lotteries, playing poker, and other similar activities that require placing a bet.
J
- Jackpot
- A jackpot is the top prize offered by a casino in certain games, either as a fixed amount or a progressive one. In fixed jackpots, you win a predefined payout based on the game’s rules. In progressive jackpots, the prize grows with every real-money game round from all players and can be triggered randomly or through bonus features.
P
- PAGCOR
- PAGCOR is the main gaming regulator in the Philippines. This government-owned corporation controls land-based and online casino operations.
S
- Social Casino
- Social casino is a type of online platform that simulates real casino games but uses virtual currency instead of real money. Players cannot win or withdraw real cash in social casinos. These games are usually free to play, with options to purchase additional virtual coins. Social casinos are popular for entertainment and are common in countries where online gambling is restricted or banned. They look and feel like real money casinos but operate legally because players don’t have the opportunity to win or withdraw real money.
V
- VIP Program
- A VIP Program is a loyalty program in casinos for high-rolling players who deposit and bet large amounts. These programs usually follow a tiered structure, where players move through levels based on their activity and spending, unlocking better rewards at each stage.