Casino jargon at Coldbet in plain English
Rollover, RTP, KYC, TXID: the words you will meet at Coldbet, explained in one place.
Words from the bonus terms
Bonus conditions use a vocabulary of their own, and a few words decide whether a bonus is worth taking. The words below describe the welcome package of 100% up to CA$740 + 50 free spins and its 35x rollover.
- Bonus balance: money from a bonus kept separate from real money until wagering is complete
- Rollover: how many times the bonus must be bet before cashout, at Coldbet 35x in 30 days
- Weighting: how much a bet adds to the wagering, usually full for slots
- Cashback: a refund on net losses, at Coldbet 10% paid weekly
- Maximum bet: the stake ceiling during bonus play; going over it can cancel the bonus
- Spins: free rounds on a nominated game, whose winnings must be wagered
The numbers can differ from one promotion to the next.
Slot jargon
The paytable and rules of a slot use the words below. They explain why two similar-looking slots can behave so differently.
| Word | Definition |
|---|---|
| RTP | The share of all stakes a game returns in theory, over millions of rounds |
| Variance | How evenly a game pays, from frequent small wins to rare big ones |
| Megaways | A mechanic with a changing number of ways to win |
| Progressive | A prize pool that grows with every bet |
| Pay table | What each symbol and combination pays |
| Bonus buy | A price paid to skip straight to the feature |
More slot words
Demo: the free version of a slot, useful for learning the rules. Scatter: a symbol that pays in any position and usually opens free spins or a bonus game. Hit rate: the share of spins that return something, big or small. A wild substitutes for other symbols to complete a winning line.
Cashier and account words
Deposits and withdrawals come with their own set of words. They mainly describe processing, verification and limits.
In review: a payout that is queued but not yet processed. KYC, or know your customer: the identity check with ID and proof of address. Processing time: the period between your request and the payment, at Coldbet 12 hours to 3 business days.
Minimum withdrawal: the smallest amount you can cash out, here CA$2. The ceiling for one day is $10,000. The currency of your balance is fixed at sign-up, typically CAD in Canada.
Closed loop: money goes back the way it came in.
Words for crypto payments
Since the cashier lists 14 coins, it pays to know a few blockchain terms. Misunderstanding them can cost money.
Confirmation is the step that makes a blockchain payment final. Gas: the fee you pay the network for each transfer. Chain: the route of a transfer, which must match between sender and receiver.
Stablecoin: a coin pegged to a fiat currency to avoid price swings. Transaction ID: the hash that proves a payment was sent, which support may ask for. Wallet address: the string of characters you send coins to; always copy it, never type it.
Security and access terms
Keeping access safe comes with a few terms of its own. They are worth knowing even if you never have a problem.
2FA: two-factor authentication, a second login step on top of the password. Official domain: the address the operator itself publishes. A phishing attempt: an imitation of the casino aimed at your password or payment data.
Licence: Coldbet operates under a Anjouan (Union of Comoros) licence. Operator: the company that runs Coldbet, Vdsoft & Script Development SRL. Login history: a list of recent sign-ins, handy for noticing access you do not recognise. Lock icon: the browser sign of an encrypted connection.
Responsible gaming terms
These features exist to protect players. Each one is in the account settings, and support can switch it on for you.
A reality check interrupts play to show the elapsed time. Deposit limit: the most you allow yourself to deposit over a period. Time-out: a short break during which you cannot log in or play.
Self-exclusion: voluntarily closing the account for a period. It is the strongest tool and cannot usually be reversed early. If gambling stops being fun, these tools and independent help services are there for you.