Glossary of Online Casino Terms


Learn more with the glossary below to make understanding Casino terms a breeze.

A

Admin Credit

A credit manually applied by DraftKings, typically issued as a discretionary adjustment, such as a goodwill credit.

B

 

C

Cash Balance

The funds you have deposited into your account, including any winnings you’ve withdrawn back into your bankroll.

Casino Bonus Funds

Casino Bonus Funds are promotional funds subject to wagering and play-through requirements. Each promotion will specify if any game-specific requirements are attached to the Casino Bonus Funds you are rewarded.

Casino Bonus Prize

Refers to a non-physical prize in the form of Casino Credits or Casino Bonus Funds that can be awarded as part of a Casino Bonus Offer.

Casino Bonus Offer

A promotional offer where a percentage of your deposit is matched with Casino Bonus Funds.

Casino Credits

Casino Credits are rewards earned through various promotions and can be spent across various Casino games. Credits are valid for either a single game or for multiple games and will expire according to their terms; you can check your Rewards page to view the specific guidelines and terms for each Casino Credit award. To use Casino Credits, you must enter a game using the "Use Casino Credits" option. Once applied, any winnings from Casino Credits are transferred to your balance, where they can be used for another game or are eligible to be withdrawn.

Casino Credits Conversion

When you elect to convert your eligible Crowns to Casino Credits

Casino Spins

Casino Spins are awards offered as part of various promotions. Unlike other currencies, Casino Spins have a set, predetermined value and can often only be used on specific games pursuant to your terms.

Contribution Rate (Percentage)

The contribution rate is the amount of a wager which can count toward a goal, typically an amount required to unlock a Casino Bonus Prize.
As an example only: If a game offers a 20% contribution rate toward a prize, $0.20 of a $1.00 wager will count toward that prize.

Crowns

Crowns are a form of player loyalty points used by DraftKings players. They have no cash value, but can be used on DraftKings to enter into contests. Crowns can also be used to purchase items in the DraftKings Shop.

D

Dynasty

A rewards program offered by DraftKings. The program awards Tier Credits to you based on your eligible play across various DraftKings verticals, and these Tier Credits determine your tier status within the program. You can view your Tier Credit progress and upcoming milestones within the Dynasty hub.

Demo Mode

Many Casino games offer Demo Mode, where you can test the game without wagering any real currency.

DK Dollars

DraftKings Dollars (or DK Dollars) are promotional funds awarded for playing in certain eligible promotions. DK Dollars do not expire, require a one-time play-through before withdrawal, and can be used across all DraftKings products.

Deposit Bonus

A Deposit Bonus is an award given to you based on the amount you deposit.

E

 

F

Financial Transactions

You can see your financial transaction history via your financial center. The financial center contains your past deposits, withdrawals, wagers, and other transactions.

G

Gaming Credit Rollover Bonus Release

This occurs when Locked Bonus Funds convert to cash upon meeting play-through requirements. Once released, the funds are reflected under this transaction type on the Financial Transactions page.

H

 

I

 

J

 

K

 

L

Leaderboards

Leaderboards are promotions that award you based on specific criteria when measured against others. For example only, a Leaderboard may reward you for finishing in the top one hundred (100) players in a certain game over a certain period of time.

Live Dealer

Live Dealer is an online Casino offering that seeks to mimic the experience of a brick-and-mortar establishment. In a Live Dealer game, you interact directly with a human dealer via video feed, and may also be able to interact with others playing the same game.

Locked Bonus Funds

This is a type of bonus offered by DraftKings that allows you to earn additional funds. However, these funds are initially locked and can’t be withdrawn until specific wagering requirements are met.
It’s important to note that receiving Locked Bonus Funds and meeting their play-through requirement are separate processes.

Lossback

A Lossback is a type of promotion where the reward is a set percentage of the amount you have lost over the promotion period (based on your "net loss", determined as total wagers minus total winnings).

M

Minimum Wager

The lowest amount that you're required to wager in order to participate in a game or promotion. The Minimum Wager is typically clearly disclosed to you, either upon opting into a promotion or when starting to play a game. Some games or promotions may have a higher Minimum Wager requirement, such as $5 or $100, due to the game mechanics or promotion rules.

N

 

O

Opt in/Opt out

These are Casino or promotional features that require action, such as clicking on an offer card or interacting with in-app messaging to enroll or un-enroll in a corresponding casino feature or promotion.

P

Payline

A payline refers to the sequence of reel positions that must be matched with winning symbols in order for you to receive a payout. The paylines are defined in the game's paytable, and you must wager on active paylines in order to be eligible for wins on those paylines.

Play-through Requirement

When engaging with a promotional offer that involves Casino Bonus Funds, Casino Bonus Funds are subject to a play-through requirement. Individual offers and individual play-through requirements may differ depending on the bonus terms and conditions.

Play X Get Y

A type of bonus offer or promotion where you receive a reward for playing a certain amount on the DraftKings platform.

Q

 

R

Random Number Generator (RNG)

A program designed to produce random results. Many Casino games rely on Random Number Generators to determine winners.

Rollover Bonus Locked Bonus Fund Transfer

This occurs in the Financial Transactions page when a patron’s deposited cash is converted into Locked Bonus Funds as part of a promotion.

Royal Quest

Royal Quest is a feature in the DraftKings Casino that allows you to earn rewards by completing daily tasks. You can access available Quests through the Bonuses & More widget on the For You tab and must opt-in to participate. Each Quest lasts for seven (7) days, and you can track your progress and earn rewards through the Quests menu.

RTP (Return to Player)

RTP is an abbreviation of the term "Return To Player." Return to Player is the percentage of all money wagered on a game that is paid back to all players over the entire lifetime of the game.

S

 

T

Tier Credit

Tier Credits are earned through the Dynasty rewards program. Upon accumulating set amounts of Tier Credits, you are eligible to move into the next-highest Dynasty rewards tier.

Transaction ID

Unique identifiers used to track and reference specific financial transactions, such as deposits, withdrawals, and other types of payments or transfers.

U

 

V

 

W

 

X

 

Y

 

Z