Mad Casino glossary
The small print uses a vocabulary of its own. Here are thirty terms you will meet on Mad Casino's bonus, payment and account pages, each defined as briefly as accuracy allows.
In this explainer
A–Z
- Accumulator
- A single sports bet combining several selections; all must win for it to pay.
- Bonus funds
- Money credited by the casino that is subject to wagering before it can be withdrawn.
- Bonus-buy
- A slot feature that lets you pay a fixed multiple of your stake to trigger free spins directly.
- Cap (bonus)
- The maximum bonus a tier can pay, whatever the deposit — the “up to” figure.
- Cashback
- A percentage of net losses over a period returned to the player. At Mad Casino: 20%, weekly, in cash.
- Contribution rate
- The share of a stake that counts towards wagering, set by game type.
- Curaçao licence
- A gambling licence issued in Curaçao. Not equivalent to a UK Gambling Commission licence.
- Deposit limit
- A ceiling you set on how much can be deposited per day, week or month.
- Excluded games
- Titles that contribute 0% to wagering while a bonus is active.
- Expiry
- The window within which a bonus must be wagered; at Mad Casino, 30 days per tier.
- GAMSTOP
- The UK national online self-exclusion scheme. Applies only to GB-licensed operators.
- House edge
- The casino's long-run average margin on a game; 100% minus RTP.
- KYC
- Know your customer: identity, address and payment checks required before withdrawals.
- Live dealer
- A real table game streamed from a studio, dealt by a person.
- Max bet
- The highest stake that counts towards wagering while a bonus is active — €5 on slots, €10 on tables.
- Match bonus
- A bonus calculated as a percentage of the deposit, such as 200%.
- Net loss
- Settled stakes minus settled returns over a period.
- Pending period
- Time a withdrawal waits before processing, during which it may be reversible.
- Playthrough
- Another word for wagering requirement.
- Reality check
- An on-screen reminder of how long you have been playing.
- RNG
- Random number generator: the software that decides outcomes in digital games.
- RTP
- Return to player: the long-run percentage of stakes a game pays back.
- Self-exclusion
- Closing your account for a set period at your own request.
- Settlement
- The point at which a bet's result is confirmed and paid or lost.
- Source of funds
- Evidence of where deposited money came from, requested at higher deposit levels.
- Sticky bonus
- A bonus that can be played with but never withdrawn itself; only winnings above it can.
- Tier
- One step of a multi-deposit welcome package. Mad Casino's stack has five.
- Time-out
- A short, account-level break, usually from 24 hours to six weeks.
- Volatility
- How widely a game's results swing around its average.
- Wagering requirement
- The total stakes needed before a bonus converts to cash; at Mad Casino, 30x the bonus.
How to use this page
Where a term has its own explainer, start there for the detail: wagering, contribution, max bet, KYC and RTP. Definitions here describe how the terms are generally used; the operator's own terms decide how they apply to your account.
Read the terms at the source
The operator's own bonus terms always override any summary, including ours.
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