Reference

The colottery Glossary: Words Worth Knowing

Every term on a colottery game screen, payout slip, or account page has a plain-English meaning — and knowing it puts you in a better position before you place a bet or make a deposit via PayPal, Venmo, or Play+.

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colottery The colottery Glossary: Words Worth Knowing
colottery Read the Lobby Clearly Before You Play

Read the Lobby Clearly Before You Play

Skipping the terminology is how small misreads turn into bigger frustrations. When you know what RTP means on a Pragmatic Play slot, or what rollover means on a promo, you can compare options with a clear head. The same goes for your account: understanding KYC means your first PayPal withdrawal won't catch you off guard. Players in Detroit who fund via Venmo

and jump straight into NFL moneylines will find these definitions cut down on guesswork. Every term in this glossary maps to something you'll see in the colottery lobby or your account dashboard.

GET TERM CLARITY

Ask Us When a Term Is Unclear

If you see a term on a game screen or in your account settings and it doesn't match anything here, our support team can walk you through it directly. Reach out through any of the channels below.

Live Chat Open the chat icon from any page in the lobby. Available during active hours — share the exact term or screen section and we'll explain it clearly.
Email Support Send a message to our support address from your registered account email. Include the game name or account section where you saw the term and we'll reply with a plain-English breakdown.
Account Help Center The Help Center inside your account dashboard has searchable articles covering payment terms, game mechanics, and KYC steps — useful before reaching out to a live agent.

Essential Casino Terms Defined

Start here. These six terms appear in almost every slot, table game, and live dealer session on the platform.

RTP stands for Return to Player — the percentage of all wagered money a slot or table game pays back over time. A 96% RTP means $96 returned per $100 wagered on average, long-term.

House edge is the mathematical advantage the casino holds on any game. A 2% house edge on blackjack means the house earns $2 for every $100 wagered over a large number of hands.

Volatility describes how often and how large a slot pays out. High-volatility slots like Gates of Olympus pay less often but in bigger amounts; low-volatility slots pay smaller amounts more frequently.

A wager or turnover requirement is the number of times you must bet a bonus amount before withdrawing winnings. If a $20 bonus has a 10x requirement, you need to wager $200 total first.

A jackpot is the largest possible prize on a slot or game. Progressive jackpots grow with each bet placed across a network; fixed jackpots stay the same amount regardless of play volume.

Live dealer games stream a real human dealer from a studio in real time. Evolution and Pragmatic Play power most live tables — you see the cards dealt or the roulette wheel spin on your screen live.

Betting, Payment, and Account Terms

These terms come up when you're navigating sports betting lines, moving money, or verifying your account for the first time.

A moneyline bet is a straight-up pick on who wins — no point spread involved. A -150 line means you wager $150 to win $100; a +130 line means a $100 bet returns $130 profit if correct.

Over/under — also called a total — is a bet on whether the combined score of a game lands above or below a number set by the sportsbook. Common in NFL football and NBA game lines.

A same-game parlay combines multiple legs from one single game — for example, an NFL quarterback's passing yards and the final score — into one bet with a combined multiplied payout.

Rollover is the total dollar amount you need to wager before promo-linked funds become withdrawable. Always check the rollover multiple attached to any promo before opting in.

An e-wallet is a digital payment account you fund separately from your bank. PayPal and Venmo are the e-wallets colottery supports — deposits from either typically reflect in your account quickly.

KYC stands for Know Your Customer — the identity verification step where you submit a government-issued ID. Completing KYC is required before your first withdrawal clears to PayPal or Play+.

How These Terms Apply Inside colottery

Knowing the definition is one thing — knowing where to find it in the actual lobby is another. These answers connect glossary terms to specific platform features.

RTP is displayed only when the game provider exposes it — Pragmatic Play and PG Soft slots typically show it in the game info panel. Open the game, tap the menu icon, and look for the paytable or info tab.

Each active promo on your account page lists its rollover multiple in the terms section directly below the offer. Check that number before opting in so your withdrawal window is clear.

KYC is prompted when you submit your first withdrawal request. You'll upload a government-issued ID and, in some cases, a proof of address. Once verified, funds move to PayPal, Venmo, or Play+ through the normal payout path.

Play+ is a prepaid card tied to your colottery account. Load it from your bank or debit card, then use it to fund your casino balance directly — it works the same way at checkout as a standard prepaid Visa.

If your session budget is smaller, lower-volatility slots stretch it further with more frequent small payouts. For bigger swings on a longer session, high-volatility titles like Star Spangled Crash suit that style better.

Yes — Venmo works in both directions in eligible states where colottery operates. Add it as your account wallet under the payment tab, then select it at the cashier for deposits or when submitting a withdrawal request.
Reference

colottery Betting Glossary

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