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Parlay
A parlay combines two or more selections into a single bet, where every leg must win…
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Payline
A payline is a defined pattern of positions across a slot's reels along which matching symbols…
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Payment Gateway
A payment gateway is the technology that securely transmits transaction details between a customer, a merchant…
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Payment Processing
Payment processing is the end-to-end handling of a transaction, from the moment a player initiates a…
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Payment Reconciliation
Payment reconciliation is the process of matching an operator's own transaction records against statements from banks,…
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Payment Service Provider
A payment service provider (PSP) is a company that enables merchants to accept and process payments…
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PCI DSS
PCI DSS is a set of security standards created by the major card networks to protect…
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Player Lifetime Value
Player Lifetime Value is the total net revenue an operator expects a player to generate across…
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Player Verification
Player verification is the process of confirming that a customer is who they claim to be…
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Point Spread
A point spread is a handicap applied to level an uneven contest. The favourite must win…
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Positive EV Betting
Positive EV betting is a strategy of placing only wagers whose expected value is greater than…
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Prediction Markets
Prediction markets are exchanges where participants trade contracts whose payout depends on the outcome of a…
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Progressive Jackpot
A progressive jackpot is a prize that grows over time as a small portion of each…