Knowledge Base

Glossary

Plain-English definitions for the terminology used across BankBank2.

2FA (Two-Factor Authentication): 2FA adds an extra security step by requiring a code from your phone or email in addition to your password.
Anti-Money Laundering (AML): AML refers to laws and procedures that prevent criminals from using the platform to hide illegal funds.
Betting Limit: A betting limit is the minimum or maximum amount you can stake on a single bet or game round.
Bonus Code: A bonus code is a short string you enter to unlock a specific promotion, such as extra funds or free spins.
Cashback: Cashback is a promotion that returns a percentage of your net losses over a set period, giving you a second chance to play.
Deposit Method: A deposit method is the payment option you use to add funds, such as a bank transfer, e‑wallet, or card.
Encryption: Encryption protects your personal and financial data by turning it into unreadable code during transmission.
Free Spins: Free spins give you a set number of slot plays without using your own money, with any winnings usually subject to wagering rules.
House Edge: House edge is the built-in advantage that the casino has in each game, expressed as a percentage of each bet that the casino expects to keep.
KYC (Know Your Customer): KYC is the process of verifying your identity with documents to prevent fraud and comply with regulations.
Live Dealer: A live dealer streams a real human croupier to your screen, allowing you to play table games in real time.
Loyalty Points: Loyalty points are earned each time you wager; they can be exchanged for bonuses, free bets, or other rewards.
Maximum Withdrawal: The maximum withdrawal is the highest amount you can take out of your account within a given time period.
Minimum Deposit: The minimum deposit is the smallest amount you can add to your account to claim a bonus or start playing.
Odds: Odds represent the likelihood of a particular outcome and determine how much you can win if your bet is correct.
Progressive Jackpot: A progressive jackpot is a prize pool that grows every time a player bets on the linked game, often reaching large amounts before being won.
Provably Fair: Provably Fair is a system that lets players verify that each game round’s outcome was random and not manipulated.
Responsible Gaming: Responsible gaming refers to practices and tools that help you play safely, such as setting deposit limits and taking breaks.
RNG (Random Number Generator): RNG is the software that creates random results for each game round, ensuring fairness and unpredictability.
Rollover: Rollover is the total amount you must wager before bonus funds become withdrawable cash.
RTP (Return to Player): RTP is the percentage of total bets a game pays back to players over time, expressed as a number between 0% and 100%.
Self-Exclusion: Self-exclusion lets you temporarily or permanently block your account to help you control gambling behavior.
VIP Program: A VIP program offers exclusive perks, higher limits, personal managers, and special bonuses to players who reach certain activity levels.
Volatility: Volatility describes how often and how much a slot game can pay out; high volatility means bigger but rarer wins, low volatility means smaller but more frequent wins.
Wagering Requirement: A wagering requirement is the number of times you must bet the bonus amount before you can withdraw any winnings derived from it.