Gambling Dictionary

Clear, independent definitions of the terms that shape online casino, sports betting, iGaming business, regulation and payments.

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E-Wallet
An e-wallet is a digital account that stores payment details and funds, letting users send and…
Encryption
Encryption is the process of converting data into an unreadable form that can only be decoded…
Esports Betting
Esports betting is wagering on the outcomes of competitive video gaming, such as professional tournaments and…
Expected Value
Expected value is the average result of a bet if it were repeated many times, weighting…