Every word on a game screen, odds board or account page means something specific. This glossary covers the terms you encounter across okadabet's live tables, slot rooms, sportsbook markets and wallet — so when you see 'house edge' on a table or 'KYC' on an account step, you already know what it means.
Knowing a definition in isolation only gets you halfway. When you open a table like Speed Bull Bull Live, the term 'house edge' is directly connected to the payout structure shown in the game rules panel — not an abstract concept. Similarly, 'volatility' becomes real the moment you compare a fast-spinning game like Rapid Keno against something with longer prize-build cycles. On the sportsbook side, 'Asian handicap' appears on PBA and NBA basketball markets as a line adjustment beside the main odds, while 'rollover' shows up in your account dashboard next to any active condition. Linking each term to where you actually see it on screen makes navigation sharper and decisions faster. The four examples below connect a core term to a specific screen or account action you can verify yourself.
House Edge on Live Tables
Inside Speed Bull Bull Live, the rules panel shows the payout ratio for each outcome. House edge is the gap between true probability and that payout — visible when you compare the odds listed to the number of possible results.
Volatility on Slot Screens
Rapid Keno and Speed Bingo display their prize frequency differently. Volatility describes how often and how large payouts occur — low-volatility titles pay more frequently in smaller amounts; high-volatility titles build larger outcomes over more rounds.
Asian Handicap in Sportsbook
On basketball markets covering PBA fixtures, Asian handicap appears as a point-adjustment line. It removes the draw outcome and splits the bet across half-point margins, giving both sides closer odds than a straight match-winner market.
Rollover in Your Account Dashboard
When a condition applies to your account wallet, the rollover figure shows how many times the relevant amount must be wagered before a transfer to your main balance is available. The current figure is shown after login.
HELP WITH TERMS
Where to Ask When a Term Is Unclear
If a term on a game screen or account page is not covered here, our support channels are the quickest route to a plain-language answer. Availability depends on local law and eligible regions — check your account for the current contact options.
Live Chat
Open the chat icon from any page inside the lobby. Live chat connects you to the support team for real-time answers about game terms, account steps or wallet questions. Response times are shown in the chat window at the time you open it.
Email Support
For longer questions — like understanding a rollover condition or a KYC document requirement — use the email address shown in the Help section of your account. Include the specific term or screen you are asking about for a faster reply.
Account Help Section
Your account dashboard has a Help or FAQ panel accessible after login. It covers wallet verification steps, GrabPay and InstaPay transaction queries, and account-status questions in plain language specific to your account state.
WHY TERMS MATTER
Understanding Terms Helps You Choose Better
A player who knows what 'RTP' means will read a game info panel differently from one who skips it. When you browse the slot rooms and see RTP disclosed by a provider like PG Soft or CQ9, that figure directly shapes how you compare titles before opening one. The same applies on the wallet side — knowing the difference between InstaPay and PESONet as transfer rails helps you pick the right one for your account situation. None of this requires a finance background. These are operational terms the lobby uses every day, and reading them correctly saves time at every account step. The glossary sections below are organised by term family so you can jump to the group relevant to your current screen.
TERM FAMILIES
Four Term Groups and Where to Find Them
Terms on the platform fall into four practical families. Each one belongs to a specific part of the lobby or account flow — knowing which family a term comes from tells you where to look for the context that makes it actionable.
Game Mechanics
Terms like RTP, volatility, house edge, payline and bonus round appear inside game info panels and rules screens. Studios like PG Soft, Microgaming and CQ9 expose these where the game engine supports it. Not every title publishes all figures — check the individual game panel.
Odds and Betting
Asian handicap, over/under, spread, moneyline and decimal odds appear on the sportsbook side, most visibly on basketball and boxing markets. The odds format can be switched in your account settings — the sportsbook shows the current format next to each market line.
Wallet and Account
Deposit, withdrawal, e-wallet, KYC, rollover and balance all live in the account dashboard and transaction history. GrabPay, InstaPay and PESONet are the named rails shown in the deposit flow — each has its own transfer path visible when you select it.
information Conditions
Wager requirement, turnover, qualifying bet and minimum odds are the terms attached to any active account condition. The current state of these conditions is shown in your account dashboard after login — not in a static schedule on the lobby front page.
CORE GAME TERMS
Core Game Terms — Plain Definitions
These are the six game-mechanic and table terms you will encounter most often across slot rooms and live casino tables on the platform.
What is RTP?
RTP stands for Return to Player. It is the percentage of total wagers a game is designed to return over a very large number of rounds. It is disclosed only where the game provider makes the figure available in the game panel.
What is house edge?
House edge is the mathematical advantage built into a game's payout structure. On a live table like Speed Bull Bull Live, it represents the difference between true odds and the actual payout the game offers on each outcome.
What is volatility in a slot game?
Volatility describes how a slot distributes its payouts. Low volatility means smaller prizes hit more often. High volatility means larger prizes occur less frequently. This is listed in the game's information panel where the provider discloses it.
What is a wager or turnover requirement?
A wager or turnover requirement states how many times a specific amount must be bet before it qualifies for a balance transfer or withdrawal. The figure attached to your account is shown in the account dashboard after login.
What is a jackpot in slot games?
Jackpot is the top prize a slot game offers, typically reached through a rare combination of symbols or a dedicated prize feature round. The jackpot amount and trigger condition are described in the individual game's rules screen.
What is a live dealer?
A live dealer is a real person dealing cards or managing a game table via a video stream. Live dealer titles on the platform — such as Speed Bull Bull Live — let you see every action in real time from your device screen.
ODDS AND WALLET TERMS
Odds, Payment and Account Term Definitions
These six terms cover the sportsbook, payment rails and account-management language you will encounter when moving between the casino and wallet sections of the platform.
What is Asian handicap?
Asian handicap is a betting market format that removes the draw outcome by giving one team a point advantage before the match starts. It appears on basketball and football markets and offers two possible results instead of three.
What is an over/under market?
Over/under is a bet on whether a combined statistic — usually total points or goals — will finish above or below a number set by the sportsbook. On PBA basketball markets, this typically applies to total points scored in a game.
What is a rollover in account terms?
Rollover is the number of times a specific balance amount must be wagered before it can be withdrawn. It differs from a simple turnover in that it applies to a specific credited amount, not to overall account activity.
What is an e-wallet in the context of deposits and withdrawals?
An e-wallet is a digital account used to move money without a traditional bank transfer. On this platform, GrabPay, GCash and Maya function as e-wallets — each appears as a selectable option in the deposit and withdrawal flow.
What is KYC?
KYC stands for Know Your Customer. It is the identity verification process the platform requires before allowing withdrawals above certain thresholds. You submit documents through the verification section of your account dashboard.
What is InstaPay and how does it differ from PESONet?
InstaPay is a real-time interbank transfer network in the Philippines, typically settling within minutes. PESONet is a batch transfer system that processes at set times during the banking day. Both appear as options in the account deposit and withdrawal section.
PLATFORM USE QUESTIONS
Using These Terms Across the okadabet Lobby
These questions cover how the terms above apply to specific actions on the platform — from reading a game panel to completing a wallet step.
Where do I see RTP information for a specific slot title?
RTP is shown inside the game information or rules panel, accessible before or during play. It is only displayed where the studio — such as PG Soft, CQ9 or Microgaming — has made the figure available in their game build.
How do I find the volatility rating before I open a game?
Select a title from the slot lobby and open its information icon or rules panel before confirming play. If the provider includes a volatility label, it appears there. Not every title carries this label — check the panel for what is available.
How do rollover conditions appear in my account dashboard?
After login, navigate to the information or bonus section of your dashboard. Any active wager or rollover condition is listed there with the remaining amount and the qualifying game categories. The current state is always shown live in that section.
Can I switch the odds format on the sportsbook?
Yes. The sportsbook section includes an odds-format selector — typically accessible in account settings or directly in the sportsbook header. You can switch between decimal, fractional and Hong Kong formats depending on your preference.
Where does my GrabPay or InstaPay transaction appear after a deposit?
Once a deposit via GrabPay or InstaPay is confirmed, the amount is added straight to your account wallet balance. Your transaction history, accessible from the account dashboard, records the method, amount and timestamp of each completed transfer.
What happens to my balance during KYC verification?
Your existing balance remains in your account while KYC verification is processed. Withdrawals above the threshold that triggered verification are held until documents are confirmed. The status of your verification is shown in the account verification section after login.