A glossary of bonus, slot and payment terms

From RTP to gas fees: short definitions in plain words.

Bonus terms

Some terms in the small print decide what an offer is really worth. With the 100% up to A$810 + 50 free spins welcome package and 35x wagering, the terms below are not theory.

• Bonus balance: money from a bonus kept separate from real money until wagering is complete
• Free spins: spins you do not pay for, with winnings subject to wagering
• Weighting: the part of a stake that counts toward the rollover, often lower for table games
• Wagering requirement: the total betting volume needed to release a bonus, set at 35x over 30 days
• Maximum bet: the stake ceiling during bonus play; going over it can cancel the bonus
• Loss refund: a share of net losses credited back, 10% weekly

The numbers can differ from one promotion to the next. How the multiplier works in practice is shown in how the rollover works.

The vocabulary of slots

The words below come from the rules and paytable of a slot. Understanding them makes game choice much easier. Progressive jackpots add a few terms of their own, covered in a separate guide.

A few more game words

Wild: a stand-in symbol to complete a line. Scatters pay regardless of position and frequently start the feature. Hit frequency describes how regularly a game pays out. In demo mode you spin with play money, without risk.

Payment and account terms

Deposits and withdrawals come with their own set of words. Most of them relate to timing, checks and limits.

Processing time: the period between your request and the payment, at Coolbets 12 hours to 3 business days. Pending status means the request is in the queue and not yet processed. Verification (KYC): proving identity with documents before the first withdrawal.

Withdrawal minimum: A$15, the lowest payout possible. The ceiling for one day is $10,000. Account currency: the currency your balance is held in, chosen at registration, for players in Australia usually AUD.

Deposit method rule: withdrawals usually go back to the method used for the deposit. Our guide to cashouts puts these terms in order.

Words for crypto payments

With 14 coins in the cashier, crypto vocabulary comes in handy. A wrong guess here can cost real money. Crypto payments are covered step by step in a separate guide.

Network: the specific chain used for a transfer, which must match on both sides. Confirmations: blocks that validate a transfer before crediting. Gas: the fee you pay the network for each transfer.

TXID: the unique reference of a transfer, handy when tracing a payment. Wallet address: the string you send coins to, always pasted or scanned rather than typed. Stablecoin: a coin built to hold a steady value, which keeps price swings out.

Words about your account

A few terms relate to keeping your account safe and accessible. Each one points to a simple habit. The genuine Coolbets address and its mirrors are described in a guide of their own.

2FA adds a second proof of identity at login. Official address: the domain listed by the operator, the only one to trust. Phishing: an attempt to steal login or payment details through fake sites or messages.

The regulatory licence, issued by Anjouan (Union of Comoros). Operating company:. Padlock icon: proof of a secure, encrypted connection. Session history: a record of when and where your account was used.

Words that protect you

The most important terms are the ones that help you keep gambling under control. Support can help set up any of them. How Coolbets handles these tools is part of our verdict on Coolbets.

Deposit limit: a ceiling you set on deposits over a chosen period. Session reminder: a pop-up that tells you the time spent in a session. Time-out: a short pause in which the account is closed to play.

Self-exclusion: voluntarily closing the account for a period. It is designed to be hard to undo, which is the point. Gambling is for adults, 18+, and these tools are there whenever you need them.